Learn about the definitions of leadership as given by different authors. Leadership Definition Leadership Definition Some of the common ideas included in leadership definitions include exerting influence, motivating and inspiring helping others realize their potential, leading by example, selflessness and making a difference. I have given hereunder some well-known definitions of leadership. Peter Drucker defines a leader as "someone who [...]
Management audit means the examination, review of various policies and action of the management on the basis of certain specified objectives. The management audit is conducted to critically evaluate the activities and efficiency of the management. It is an independent appraisal activity. Learn about:- 1. Introduction to Management Audit 2. Definitions of Management Audit 3. Concept 4. Scope 5. Objectives [...]
Some of the advantages of delegation are: 1. Relief to the Manager from Routine Work and Concentration on Policy Issues 2. Basis for Effective Functioning 3. Effective and Timely Decisions 4. Empower and Develop Subordinates 5. Satisfaction to Subordinates 6. Effective Utilisation of Organisational Human Resources 7. Opportunity for Professional Training and Growth 8. Helping the Expansion of Business 9. [...]