Contrast management with leadership and explain their relationship to one another using John Kotter's criteria.
What will be an ideal response?
Management is the system of action that deals with complexity, and leadership is the system of action for dealing with change. Management copes with complexity through planning, budgeting, organizing, staff, controlling, and problem solving. Leadership copes with change through setting direction, aligning people, and motivating and inspiring.
Neither is more important than the other, but in fact they are complementary systems of action.
You might also like to view...
A major disadvantageof the indirect method of reporting cash flows from operating activities is that thedifference between the net amount of cash flows from operating activities and net income is emphasized
a. True b. False Indicate whether the statement is true or false
Preliminary pages are numbered with _____.
A. binary numerals B. Arabic numerals C. capital-letter alphabets D. small Roman numerals
The total demand for many business goods and services is not much affected by price changes. Thus, this demand is ________
A) derived B) fluctuating C) accelerated D) multiple E) inelastic
For manufacturing firms, the balance sheet reports the costs of incomplete items as
a. Raw Materials Inventory. b. Work-in-Process Inventory. c. Finished Goods Inventory. d. Cost of goods ready for sale. e. none of the above