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LC Business
LC Business

Management Skills - Communication

Communication: involves the exchange of information

Importance of Good Communication:

  • Gets work done: It would be impossible to run a business without communication. E.g Workers need to communicate in order to complete tasks and assignments
  • Improves coordination: Managers rely on... (More)

Motivation - Maslow and McGregor

Motivation: is about what makes people do things. (What makes people work)

Maslow’s Need Hierarchy Theory of Motivation!

1. Physiological Needs:

These needs are of the lowest-order and most basic needs of human beings. These involve satisfying fundamental biological drives,... (More)

Business Leadership

Leadership

Leadership: Reflects a person’s ability to influence the actions and behaviours of others. “Lead by Example”

Delegation: Passing on responsibility for certain decisions or outcomes to others.

3 Types of Leader

Autocratic: Very Controlling, Motivates through fear and intimidation.... (More)

Management

Management Skills

Management: is the process of achieving results through resources. To combine resources in the most effective way to achieve corporate goals.

Management Skills:

  • Leading
  • Motivating
  • Communicating

Management Activities:

  • Planning
  • Organising
  • Controlling

Characteristics of a good Manager:

  • Innovation: Adopting... (More)