This article throws light upon the top seven methods for developing effective leaders. The methods are: 1. Proper use of Management by Objectives 2. Providing Employees Meaningful and Interesting Work 3. Focusing on Improving Communication Skills 4. Using an Effective Performance Appraisal for Subordinates 5. Proper Delegation of Authority and Responsibility and Others. Methods for Developing Effective Leaders: Proper use [...]
This article throws light upon the top four theories of leadership. The leadership theories are: 1. Trait Theory of Leadership 2. Behavioral Theories 3. Contingency Theories 4. Transformational Leadership Theory. Theories of Leadership: Top 4 Theories of Leadership Theory of Leadership # 1. Trait Theory of Leadership: In the 1940s, most early leadership studies concentrated on trying to determine the [...]
This article throws light upon the top five models of managerial decision-making. The models are: 1. Rational Model 2. Non-Rational Models 3. Satisficing Model 4. Incremental Model 5. Garbage-Can Model. Model # 1. Rational Model: The rational model of managerial decision-making has its roots in the economic theory of the firm. When theories about the economic behavior of business firms [...]