Leadership and Management
▪ Intrapreneurship: Person with entrepreneurial qualities working as an employee.
▪ Entrepreneurship: Person with entrepreneurial qualities that operates a business.
▪ Ultrapreneurship: Person with entrepreneurial qualities whodoes not focus on one
venture only. This person starts a business and once it is operating and feasible, they
start a new venture.
Leader Manager
Make people aware of advantages of pursuing a
Appointed in position of authority to give
specific course of action and creates a desire to be
instructions.
followed to achieve the goal.
- Develop new methods. - Use existing methods.
- Focus on people. - Focus on system and structures.
- Inspire, trust and develop desire. - Relies on control.
- Challenge the status quo. - Accepts the status quo.
Management characteristics
▪ Initiative: Identify and pursue opportunity.
▪ Commitment: Prepared to work hard to achieve the goal.
▪ Creativity: Apply innovation and create something new.
▪ Empowerment: Convince and motivate others.
▪ Teamwork: Communicate clearly and apply groupwork.
▪ Negotiation: Surround yourself with a supportive group of experts.
Management skills
▪ Market awareness: Ability to scan environment to determine potential.
▪ Customer awareness: Ability to analyze target market, needs and wants.
▪ Strategic action: Plan and execute plan to achieve a goal.
▪ Organizational awareness: Ability to obtain and coordinate use of resources.
▪ Analysis: Ability to evaluate options, outcomes and corrective action.
▪ Judgement: Able to make quick decisions about opportunities as they arise.
Management tasks
▪ Planning ▪ Communication
▪ Leading ▪ Coordination
▪ Organizing ▪ Decision making
▪ Motivation ▪ Delegation
▪ Control ▪ Discipline
Business Studies Leadership and Management | 1
▪ Intrapreneurship: Person with entrepreneurial qualities working as an employee.
▪ Entrepreneurship: Person with entrepreneurial qualities that operates a business.
▪ Ultrapreneurship: Person with entrepreneurial qualities whodoes not focus on one
venture only. This person starts a business and once it is operating and feasible, they
start a new venture.
Leader Manager
Make people aware of advantages of pursuing a
Appointed in position of authority to give
specific course of action and creates a desire to be
instructions.
followed to achieve the goal.
- Develop new methods. - Use existing methods.
- Focus on people. - Focus on system and structures.
- Inspire, trust and develop desire. - Relies on control.
- Challenge the status quo. - Accepts the status quo.
Management characteristics
▪ Initiative: Identify and pursue opportunity.
▪ Commitment: Prepared to work hard to achieve the goal.
▪ Creativity: Apply innovation and create something new.
▪ Empowerment: Convince and motivate others.
▪ Teamwork: Communicate clearly and apply groupwork.
▪ Negotiation: Surround yourself with a supportive group of experts.
Management skills
▪ Market awareness: Ability to scan environment to determine potential.
▪ Customer awareness: Ability to analyze target market, needs and wants.
▪ Strategic action: Plan and execute plan to achieve a goal.
▪ Organizational awareness: Ability to obtain and coordinate use of resources.
▪ Analysis: Ability to evaluate options, outcomes and corrective action.
▪ Judgement: Able to make quick decisions about opportunities as they arise.
Management tasks
▪ Planning ▪ Communication
▪ Leading ▪ Coordination
▪ Organizing ▪ Decision making
▪ Motivation ▪ Delegation
▪ Control ▪ Discipline
Business Studies Leadership and Management | 1
