Sunday, 15 April 2012

Tasks and contributions of a leader

Peter Drucker identifies three tasks:
Fulfilling the specific purpose and mission of the institution, whether business enterprise, hospital or university;
Making work productive and the worker achieving;
Managing social impacts and social responsibilities
Five basic operations in the work of the manager
Set objectives-
Organises
Motivates and communicates- creates a team out of people responsible for various jobs
Measures- establishes targets and measurements of performance which focus on both the individual and the organisation as a whole
Develops people-directs, encourages and trains

What managers must note

◆ Managers must monitor the “Essential Six” business principles: value for customers,
organization, competitive advantage, control, profitability, and ethical
practices.
◆ A business—and its managers—must create a specific kind of value for customers.
◆ Management is responsible for keeping the company organized.
◆ Managers decide what basis the company will compete on.
◆ Managers are responsible for control. They must know the company’s goals and
assign tasks that will move everyone toward those goals.
◆ The most basic goal of management is to make money for the business owners.
◆ Managers must hold themselves to the highest ethical standards.

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