Business Studies Grade 10 | Management and Leadership
Business Studies Grade 10
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Management and Leadership
Management
Management is the process by which individuals guide and direct an organisation to achieve its goals and objectives.
• It involves planning – setting goals and deciding how best to achieve them.
• It includes organising – arranging people and resources to carry out the plans.
• It requires leading – motivating and guiding employees to work towards the business’s goals.
• It involves controlling – monitoring performance and making adjustments to stay on track.
Good managers combine all these tasks to ensure that resources are used effectively and efficiently to achieve success.
Leadership
Leadership is the ability of an individual to inspire, influence, and motivate others to achieve the goals and objectives of the business.
• Leaders use their vision, communication skills, and personal example to encourage employees.
• They create a positive work environment that fosters trust and commitment.
• Effective leadership helps employees feel valued and aligned with the business’s mission.
While management focuses on systems and processes, leadership focuses on people and relationships, making both equally important for the success of any organisation.
Difference between Leadership and Management
| LEADERSHIP | MANAGEMENT |
|---|---|
| Influences human behaviour by inspiring, motivating and building trust among team members. | Directs human behaviour by organising people and resources to complete tasks efficiently. |
| Communicates through interaction, vision, values, behaviour and personal charisma to encourage commitment. | Communicates through formal management functions such as plans, reports and organisational structures. |
| Focuses on encouraging new ideas and creativity to improve productivity and adapt to change. | Focuses on managing plans, programmes and systems to achieve set targets and keep operations under control. |
| Humanly orientated, caring about people, relationships and team spirit to create a supportive work environment. | Task orientated, concentrating on processes, procedures and efficiency to meet organisational goals. |
| Leads by example, building trust and respect among employees through authentic actions and integrity. | Manages by planning, organising, leading and controlling to ensure goals are achieved effectively. |
| Uses a motivational and inspiring approach to encourage staff to work together, trust each other and stay engaged. | Uses an instructional approach, giving clear directions and supervising to ensure work is completed as planned. |
| Often seen as born with natural or instinctive leadership qualities like confidence and vision. | Becomes a manager through formal appointment or promotion into a managerial position with official authority. |
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