Essay Summary of Business Management And Leadership

Published: 2021-07-02 04:15:29
essay essay

Category: Business Management

Type of paper: Essay

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The world has changed significantly since globalization. Along with it, the concept of business management and leadership has changed too. In today’s world, a manager must be an open-minded person with multicultural knowledge and an able leader to amalgamate all the different cultural parameters of the clients and workers.
In this context of global Leadership of multidisciplinary or interdisciplinary team of professionals under the aspects of Management principals can be defined as the art of creating industrial relations of any kind, between people engaged in the industry, such as relation between employers and employees, relation between individuals entering into commercial contracts, relation between investors and debtors etc, in order to maintain true cooperation of all concerned along with motivating the entire deal into a positive favor.
(Lamb, 2004) Efficiency of the Leadership of multidisciplinary or interdisciplinary team of professionals in the age of globalization lies in not only making the employees to work, but to make them work willingly, sincerely and consciously, by employing new knowledge, new methods, new designs, new machines and novel techniques of production and by allaying mistrust and antagonism.

The managerial purpose takes account of a several activities, and the most important among them is making a decision what staffing requirements one have and whether to use autonomous contractors or take into service employees to meet these needs, appointing and training the most excellent employees, making sure that they are better performers, handling performance related problems, and ensuring that the human resources and administrational practices do the accepted thing to various set of laws.
Thus, it is obvious that the parameters of today’s managers are very different from the managers of the years gone by. The new managers are more flexible to work and cultural variables. References: Lamb, D; (2004); Cult to Culture: The Development of Civilization on the Strategic Strata; Wellington: National Book Trust

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