WGU D073 Best Practices in management latest 2023

WGU D073 Best Practices in management latest 2023 Vision - Clear, distinctive, specific view of organization's future Mission - Goals, values, reason for existence. Reward Power - Power that comes from the ability to provide rewards or favors coercive power - Power that comes form ability to punish others. Referent Power - Power deriving from one's personal attraction Expert/Resource Power - Power that comes from knowledge or materials that might be gained from leader. Legitemate power - Power through "right" Behavioral Theory - Behavior can be conditioned/trained Transactional Theories of Leadership - Exchange between leader and follower. Goals of both must be aligned. Transformational Leadership - transforms employees to pursue organizational goals over self-interests Individualized consideration - Leader attends followers concerns and needs, acts as mentor. Intellectual stimulation - Leader challenges assumptions, takes risks, and solicits followers' ideas Inspirational motivation - Leader shares a vision that is appealing and inspiring Idealized influence - Leader is a role model for high ethical behavior, instills pride and gains respect. 4 functions of management - 1. Planning 2. Organizing 3. Leading 4. Controlling Objectives - specific, measurable actions, providing detail.