Bundle: The Leadership Experience, Loose-Leaf Version, 7th + MindTap Management, 1 term (6 months) Printed Access Card
7th Edition
ISBN: 9781337370004
Author: DAFT, Richard L.
Publisher: South-Western College Pub
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Effective leadership is crucial for the success of any organization. A good leader inspires and motivates their team to achieve common goals, fosters a positive work environment, and provides guidance and direction. Leadership involves not only making decisions but also guiding the team through challenges, facilitating communication, and empowering individuals to reach their full potential. A leader must possess strong communication skills, empathy, and the ability to delegate tasks effectively. Additionally, they should be adaptable and able to respond to changes in the business environment swiftly. Ultimately, effective leadership sets the tone for the entire organization and plays a significant role in driving performance and achieving success.
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The senior managers of a large financial institution recognize the importance
of training and development for their staff. They have a clear policy that not
only should staff be trained and developed to meet the licensing and
legislative requirements that apply to their area of business, but that staff
should also be encouraged and enabled to engage in other appropriate
development activities. The middle managers, who largely look after staff
performance and development, all welcome this policy. They have made it
clear to all of their staff that development opportunities are available and can
be applied for at any time. Many individual managers have therefore put
together a list of courses that they think might be of interest to their staff, and
make these available to staff so that individual members of staff can pick-and-
mix the courses that they feel they would…
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