INTERNAL ASSIGNMENT-2 QUE.2 List the characteristics of a manager vis-a-vis a leader. Explain any 5 points each with examples (both national and international perspective). ANS.2 It is typically understood that these functions happen in a step-by-step order. First, a manager plans a course of action and organizes the necessary reources. They then lead the project by providing roles and motivation for others. Finally, they manage the project as it proceeds and make adjustments as required. Of course, for a manager handling multiple projects, it's common for these functions to become tangled and not quite linear. That’s why it’s often good to step back and remember your primary managerial functions to make sure you're contributing to your team’s success in the most effective way possible. Management Leadership Taakrionted People cient Shlls based Aritudes Rational thinking Benavour Events Inspiratonal prosgreee wionery Methods Involves peosle Calculations Leads trough others ‘nahonity Lstens and motivates Teling people ‘Aaking poopie Push-approach Pur-approacn ‘Stats Rishi Here's more detail on the four functions of management — planning, organizing, leading, and controlling 1. Planning. Managers must navigate the decision-making process to help their team reach company goals. Effective planning involves a few important steps: ©. Identify challenges. Managers need to be aware of the challenges facing their team or business and what potential solutions are available to them. © Forecast future business. To determine the proper solution to each challenge, managers must be able to forecast the future impact of each particular solution on the business. © Formulate objectives and deadlines. Once a solution to a problem is identified, a manager needs to create a game plan to apply it. This involves planning out individual steps and setting appropriate deadlines and time frames, © Reevaluation. Managers need to stay constantly alert to changing situations. If a plan requires adjustments or isn’t working at all, it’s up to managers to identify the proper direction to lead the team,© Maintain efficiency. Throughout the entire planning process, effective managers should also understand how to allocate resources and reduce waste efficiently. 2. Organizing. To complete projects or meet any other company goals, managers must effectively organize physical, human, and financial resources. Doing so is often a fine balancing act, as any given team will only have a limited pool of available workers, funding, and other resources to accomplish their objectives. Some responsibilities of managers in regards to organizing resources include: © Classifying activities © Assigning activities to individuals or groups © Creating responsibilities © Delegating authority Team leaders must also establish new positions that need to be filled, fill those positions, and effectively train workers to perform the tasks. 3. Leading. Managers are responsible for motivating team members and providing the direction to accomplish a business’ goals and objectives. Effective leadership follows a few key principles: © Communication. In order for a team to meet its goals, each member must understand what their responsibilities entail. It's up to managers to communicate these ideas and ensure that everyone is on-board. Communication isn’t just about talking. Effective communicators know how to listen to questions and concerns. They practice self-awareness and empathy in order to choose a communication strategy that fits the recipient. © Motivation. Leaders are responsible for aligning the motivations of team members with the team’s overall goals. Set clear goals and reward employees who achieve or exceed expectations. Team members who show disregard for their work require corrective action, but not those who try but fail. Provide opportunities for growth and development. Tie the success of the team with that of the individual. 4. Controlling. This function refers not just to controlling people, but total supervision or management of the team or business in general Teams are not always immediately successful in tackling their challenges. It’s up to managers to identify what caused deviations from the goal and make appropriate changes.