Business Management

Introduction

Management department is a back bone of an organisation and it is what managers do. A manager is an individual who is engaged in supervising, assigning work or otherwise managing a unit or group of people. A group of good managers ensures the success of an organisation to create discipline and maintain office protocol.

Management and leadership are essential to the success of an organization. Management is problem orientated and leadership is opportunity orientated. Management does planning, budgeting, organising, staffing, controlling and problem solving; yet, leadership do establishing direction, aligning, motivating and inspiring people. An organisation cannot be effective and efficient without a mix of all the items above.

Leadership

Today, effective leadership is commonly viewed as central to a business success, and more importance is placed on leadership development than ever before. Leadership is a process whereby an individual influences a group of individuals to achieve a common goal. Leaders carry out this process by applying leadership knowledge and skills. These two leadership types are shown in the Chart 1 (refer to Chart 1). As a business leader, PT is proficient in doing business internationally and visualising strategies on a global basis. PT knows the important to have a leader to develop a shared vision for the business, and direct the employees to follow and believe in that vision. By establishing a clear mission and vision, leadership will provide employees with momentum to give more than what is required to achieve a common goal. There are seven essential traits of a leader, which from the writer's opinion are of utmost importance to being a successful leader.