Effects of Democratic and Autocratic management

Effects of Democratic and Autocratic management Different companies have different management systems. Every manager wants to use special management style for developing their own company. Managers personalities will influence the type of style adopted. Selecting the correct management style may lead to greater motivation and productivity the workers. There are many management styles, such as democratic, autocratic, consultative, Laissez Faire, and paternalistic. Every management style leads to each company has a different structure. If a company has a good management style, it will motivate its workforce. It may allow a company get more profits. If managers want to build a successful company, selecting a right management style is very important. Although each management style not only has advantages, for a company, they need to choose a management style carefully. If the management style cannot motivate workers, this company will have big problems, such as lower efficiency, hardly completed tasks or hardly execute managers decisi ons. Managers have many different ways to handle their labours. Some managers want to completely control the workers; some managers want to let workers more relaxed and have the freedom to finish their jobs. In this essay, I will compare and contrast two different management styles, which are democratic and autocratic, and evaluate how they can affect employees and motivate them. Firstly, I will explain democratic management style. This management style allows people joining manage the company and having their own ideas and ways for finish their jobs. However, workers must complete the job on time. Bill Gates is the most famous example of using the democratic management style. If the workers has different opinions, Bill encourage workers argue with him. (Ruth, 2008) Under this management style, when managers need to make important decisions, they will hold a meeting; listen to their workers ideas or suggestions. This way involves workers to manage the company; workers will think they are a part of company. Many people just work for money, if managers have no idea about how to motivate them; it may be result in lower efficiency. For a company to use, a management style of democratic which require worker have professional skills. And then, I will illustrate advantages and disadvantages about democratic management style. If the company use democratic management style, directors can get along well with workers, because between the boss and the workers, good communication is very important. Thus democratic management style helps them have a good communication. When important and complex decisions need to be made, the managers may be not able to consider all of the ways, so listening to other peoples ideas is very important. The democratic management style has the higher degree of motivation people. Although the democratic management style has many advantages, it also has some disadvantages. When the company has to make a decision, it will spend lots of time on collecting the workers ideas. They need hold to a meeting, and then choose the best solution. Another disadvantage is that if the workers have not enough skill and experience, potential mistakes are exiting, and sometimes, the manager cannot accepts workers ideas on each decision, workers will think the managers do not respect them. It will be harmful develop company. (Blurt it, 1999) Secondly, I will explain autocratic management style. This management style is totally different to democratic. Howell Raines and Martha Stewart is the classic example of how to use the autocratic management style to building a successful company. (Money-zine, 1999) Autocratic management style means the manager make all the important decisions, and require workers just need to complete tasks. In all the processes, workers do not take part in decision making. This will lead to workers is no sense of belonging, and workers cannot show their special abilities. Under this management style, workers just follow the directors commands. There are some advantages, the decision made quickly, because directors do not spend time on collecting workers ideas, and so, the tasks will be completed on time. Another advantage is that autocratic management style helps companies increasing efficiency when the company employ many lower skilled workers. On the other hand, this management style also has som e weaknesses. There is no two- way communication between managers and workers. Managers just require workers what they should do, but directors do not want to know what they think. Another disadvantage is that workers cannot always work hard for company. If there is another company can offer the higher salary, the worker will resign. This will become a problem for building a successful company. (Learn management2, 2000) Thirdly, I want to illustrate how to motivate workers? Workers are the basic resources of a company, so if managers want to build a successful firm, motivating them is very important. Motivating workers not only one way which increase salary, there are many ways for motivation labour. First, managers must have a good example for cheerful. Second, managers need to listen to workers think. Third, managers can draw a good picture of future showing for workers. Fourth, managers can not blind making decisions because of their personal like and dislike. Through above four methods, it can help motivate workers. In fact, not everyone works just for money. Many people think work is very interesting, so managers need to try to use another way to motivate them, other than increasing their wages. (Wiki how, 1999) Finally, I will compare which management style can more affect employee the most. Every style has good aspects for the companies. In this part, I will mainly compare democratic management style and autocratic management style. Democratic management style allow people to join decisions making, although the company need to spend more time collecting ideas, this way can improve workers enthusiasm. Once people have a sense of belonging, people will work harder. They will think the company is like working for their family; they will have greater powerful for job. However, there also are risks for the company. If workers take part in decisions, they must have professional skills and enough experiences, if some people do not actually reach this level, the mistakes will be made. On the other hand, under the autocratic management style, managers make all the decision, people just follow the order working. In fact, this management style also influences workers. Despotic leader always think peo ple just work for money, so if they pay workers, the workers will follow their orders, and the job will be completed on time. If a manager chooses the autocratic management style, they think increase the salary can motivate them. Nowadays, almost managers choose to allow people take part in decision making, because when managers want to encourage employees attending decision making, the autocratic management style should be not used, and if the workers become repugnant, the autocratic management style are also not effective. (Money-zine, 1999) In order to reduce the risks, they through provide more professional training chance for workers, or cooperate with professional school for obtain labour. If building a company, the boss makes all the decisions, and controls everything. It will lead to the boss having to work all the time and the potential mistake will still exist. It may be bad for the company. Mr. Robbins said that work committees and meetings are tow most popular ways of encouraging workers participation. (Stephen, 2002) Therefore, although the company need to spend many times on collecting ideas form workers; almost managers choose allowing workers taking part in decision making, such as democratic management style or paternalistic management style, and try to other ways to reduce mistake or error. Whether democratic or autocratic, managers just want to choose the best management style for their company. I think all managers want to motivate workers and increase efficiency. However, they choose different way to achieve their goal. The democratic management style and the autocratic management style are totally opposite management style. The democratic management style allow workers attend to make decisions, making workers feel they are a part of the company, and making them know development of the company is also their responsibility. However, the autocratic management style, managers make all the decisions, workers just complete managers commands. This allows workers do their job, and get their salary. Whether the company develop or not, they will not care. In the long term, their enthusiasm decrease. If managers want to motivate them, it may be by through increasing their income, but this is not the best way for motivation. If managers want to build a more efficiently company, motivating workers is become the most important thing.

Financial Planning Essay

A successful company has to have skilled workers in each level of the organization from top management to regular employees. A successful company must have good working relationship with suppliers and customers outside the organization as well. A successful company has to have enough funding to be able to execute the company’s plans and operations. Financial planning is a process that estimates the capital required and determining the company competition. It is important for a company to have financial policies in place for the organization to be successful. The objectives of financial planning are to figure out capital requirements because this will help determine cost of fixed and current assets. In the capital requirement process long and short term requirement has to be evaluated. A company must determine the capital structure of their organization, such as composition of capital and what capital needed for the business (Heer, 2012). In a business it is important to have a system in place to protect the lending and cash control situations. One of the positions that can help with financial planning is a financial manager, which is a manager that can make sure the resources of the company is being utilize to their best of the company ability. Financial planning is an important process that each company needs to use created objectives, implement policies and procedures. It is important to have adequate funds for the organization. Financial planning helps companies keep track of outflow and inflow of funds, which can create stability for the company (Ehrhardt & Brigham, 2011). It is vital for the company to make sure the suppliers investments are put back into the company. Financial planning is a process that can continue to help the company grow and expansion at the rate necessary for the company success. There is a lot of uncertainty with companies’ financial abilities but with the proper financial planning the uncertainty can be avoided. A company’s financial plan is used to help make the day-to-day decision within the company operations (Vietz, n.d.). By using the right financial information can determine the health of the company financially. No matter  what company a person has it is important to have financial plan in place. A company must plan right because financial burden come up and the company needs to be in a position to have funds available for the burden. A company must have capital to survive in the business world. A business knowing the proper way to financially keep the company making profits is a crucial step in doing business. A business use financial planning to help determine when revenue is up for the period and when revenue is down for the period. This is an important process because this will help determine when to buy product or services and when not to buy. It is vital for the owner to take these low points of revenue into account because expenditures will need to be tight (Ehrhardt & Brigham, 2011). If the company has poor cash management, the payroll can be affected. By having a financial plan in place will help keep financial stability for the company. A company can have a competitive advantage by being financially ready to purchase inventory at a reduced price. Financial planning helps long-term business decisions work through planning and time management. The planning process can maintain financial stability for the company growth and make sure the company is moving in the right direction (Murphy & Yetmar, 2010). It is vital for the company to implement a strong financial plan for the company’s future growth. Growth is an opportunity for the company to stay competitive in the markets and develop strong financial ideas. A business needs to compare actual results to quantifiable targets in order to be able to know if the financial plan is working for the company. An example of the financial plan working effectively would be the company gives the marketing department an increase in the advertising expense account, which leads to a large jump in sales (Vietz, n.d). This is financial planning at its best, working to improve the company’s profits. When the profits are growing then the business can continue to grow and develop. For some small businesses financial resources must be monitor and provided when needed because finance can be used quickly in small businesses.  Financial planning can help a business owner understand the different projects going on and how much funding is needed. Some projects will be more important than others. Many companies use financial planning to improve efficiency, productivity, and market increase (Heer, 2012). Financial planning is a process that every company needs to invest money and resources into. Conclusion A company is in business to make money. This is why financial planning has high value to many companies. Financial planning is a guide to help make day-to-day decisions for the company. Financial planning has help with cash management through knowing the short and over of cash transactions. Short and long terms decision has to be made for a company to have success. Financial planning has help spot trends within the business operations. The owners knowing the right expenditures the company is pursuing can help operations stay growing. By having the right financial planning system in place will develop the company into a success. References Ehrhardt, M. C., & Brigham, E. F. (2011). Corporate Finance: A Focused Approach. South- Western Cengage Learing. Heer, R. (2012). How agile is your planning? Find out by measuring the ROI of your planning Software. Strategic Finance, 45. Murphy, D.S., Yetmar, S. (2010). Personal financing attitudes. Management Research Review, 33, (8). 811-817. Vietz, O. (n.d.). Financial Forecasting Tools. Retrieved from http://smallbusiness.chron.com /financial-forecasting-tools-4583.html

Visualize Your Best Self

Type this in 12 point font, non bold, double spaced, paragraphs Indented, one Inch margins. Type your name at the top left hand corner. Write three or four paragraphs addressing the following questions: 1 . What type of learning style do I exalt the most? How did I develop this learning style? (Ponder†¦ Was your mom or dad the same kind of learner? Did your grade school teacher emphasize this learning style, or were you Just born this way? I feel I exalt a mixture of learning style.My most exalt learning style Is me being active while I'm learning. I like to have fun when I'm learning because that's the only way I feel I can retain Information. When things I'm learning seems boring, I tend to not focus and become uninterested no matter what It may be. My mom was the type who could learn thing no matter how they were presented. My dad learn things when it active for him to do so and hands on. I have to be literally doing something with what I am learning, otherwise it will take m e a while to grasp it.From what I was told by my parents, I was born active. I always watched something be done first, then I'm doing it minutes later. 2. When you thought about entering your program of study at ITT Tech, did your dominant learning style have anything to do with your choice? How do you think your dominant interests and dominant learning styles are connected? I was always into computers and technology, so it was easy to decide on what program I wanted to take at ITT Tech. I chose NSA because I felt like it fit into what I wanted to do for my career.NSA is not just a ‘sit at your desk† type career, it's a lot of moving around and hands on self that comes with it. With me having an active learning style, I felt NSA would be perfect for me. I enjoy training and teaching others to utilize computers and other technology. I also so felt that being in the NSA field, you have to not only be active, but have an active mind as well. By dowelling Directions: Type th is in 12 point font, non bold, double spaced, paragraphs indented, one inch margins.Type your name at the top left hand corner. Write three or four 1 . What type of learning style do I exhibit the most? How did I develop this learning exhibit a mixture of learning style. My most exhibit learning style is me being active feel I can retain information. When things I'm learning seems boring, I tend to not focus and become uninterested no matter what it may be. My mom was the type NSA is not Just a ‘sit at your desk† type career, it's a lot of moving around and hands

Persuasive Essay About Immigration - 1216 Words

Immigration is one the biggest issues people can deal with now a days. Hundreds of thousands of people legally and illegally enter the United States. Those immigrants come from all around the world leaving everything behind hoping to find better life. A lot of people think that the United States of America is the best place to go to. Immigrants mostly migrate from their home country because of the wars that destroyed their homes and the lack of right they have. They come to search for protection, benefits, and better life here. Immigration ales the United States of America different from any other country in the world. America has, is, and will always be the nation of immigration. The truth is America has always struggled with the†¦show more content†¦And that brings labor people from other countries work harder than American they put a lot of effort. â€Å"One of the key principles guiding the U.S. immigration system has been admitting foreign workers with skills that are valuable to the U.S. economy. Current U.S. immigration law provides several paths for foreign workers to enter the United States for employment purposes on a temporary or permanent basis. This fact sheet provides basic information about how the employment-based U.S. immigration system works.† People from other places sometimes has working skills that the people we have cant do. and they can for longer time so and get more work done And Factory owners they give the job to immigrants people because they work more hours and will except to get paid lower Theres a lot of immigrants with no documents or paper to identify them, thats the negative side for both the immigrants and the US. Its bad for the immigrants because they dont get paid a lot. an immigrant can get paid a 25,000$ a year and they American person can get paid 100,000 and they have the same skills The difference is the immigrant doesnt have documents. And one other problem is they take almost all the jobs and our country end up with a lot of homeless people and people who dont have money to live or eat. One other issue is education not all immigrants finish their studies because there not able to pay forShow MoreRelatedThe Worker Next Door884 Words   |  4 PagesKlepper The Worker Next Door In the essay â€Å"The Worker Next Door† written by Dr.Chris Chiswick, the author addresses the illegal immigrant problem in America, and gives several questionable reasons how if the flow of illegal immigrants were deterred, jobs would still be filled, and life would go on as usual, or even better. Dr.Chiswick wrote a not too convincing essay, having many places where he could have improved or even left out certain parts of his essay that would have made this writing betterRead MoreEssay on America, Land of Immigrants746 Words   |  3 Pagesseam un-American. This issue is discussed in the short essay by Myriam Marquez â€Å"Why and When We Speak Spanish in Public.† In the essay, Marquez explains how she and her family chose to use their native tongue, Spanish, instead of English. She says they do this, despite the impression some people may get of them being rude, â€Å"out of respect for their parents and comfort in our cultural roots.† Marquez makes several interesting points about being an American who speaks a foreign language. She usesRead MorePersuasive Essay Topics1228 Words   |  5 Pages101 Persuasive Essay Topics By: Mr. Morton Whether you are a student in need of a persuasive essay topic, or a teacher looking to assign a persuasive essay, this list of 101 persuasive essay topics should be a great resource. I taxed my brain to create this huge list of persuasive essay topics relevant to todays society, but I believe I am happy with the results. I appreciate any and all comments or feedback. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24Read MoreEssay on The Art of Writing1027 Words   |  5 Pagesourselves. However, writing differs from art in that it has to follow specific parameters, such as structure, syntax, grammar, and so on. At the beginning of the quarter, I had preconceived ideas as to what good writing was, and how I should go about it. 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The rebellion led to the establishment of the independent Republic of Texas. The short-lived republic was annexed by the United States as a state in 1845. These events were among the causes of the Mexican War between the United States and Mexico, after which Mexico relinquished all claims to Texas and much of the present-dayRead MoreAnalysis Of The Article The Global Village Finally Arrives Essay2249 Words   |  9 Pagescombined would make an effective illustration of Iyer and Meredith’s essays. The image asks a question: is the world turning into globalization? It makes one think whether this is true or not. The image is providing an illustration of how the world is combining into America. 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Illegal immigration has been a huge problem of United States for a long period of time. There are two common ways of how people come to US illegally; first is to cross the border between Mexico and US; second is to overstay when they come to US as a visitor. Why do people want to come to the United States if they are going to be here illegally? Simply, because those illegal immigrants want to have a

The Psychology Of Cognitive Theory - 1069 Words

The history of Cognitive behavior therapy was theorized or developed, by Dr. Aaron T Beck. To clarify, Dr. Beck theorized CBT as a form of psychotherapy, the therapists and the client working together as a team, in efforts of developing a therapeutic solution. Next, the CBT therapeutic model is conclusive to studies aiding in seeking solutions which mirror psychiatric disorders such as anxiety disorders, depression, substance abuse, eating disorders, PTSD, and other personality disorders still being conducted or tested. In the end, the purpose is to open the client s mind as to their thought process, so that he/she can reflect on their way of thinking, behaviors, and the emotional direction as to the issues or problems. Next, the†¦show more content†¦403). By the same token, the goal is to improve the behaviors leading connected to disorders, by incorporating treatment options and strategies for a positive outcome for the client. Equally important, to change the way a person thinks are motivating the mind to right and as of today, motivational interviewing increase the chances to change addictive behaviors† (Wiers, Stacy, 2006, p.295). Nevertheless, medication and behavior therapy can improve the status of the individuals thought process and desire for drugs. â€Å"Therefore, effective treatment options are possible for multiple addictions such as collecting evidence to address the client’s needs perchance, using pharmacological or behavioral interventions, which boost executive inhibitory control in addicts† (Sofuoglu, DeVito, Waters, Carroll, (n.d), p.452). Fourth, the populations suited for treatment using cognitive interventions are adolescents, couple’s, children, and families the main goal with the use of cognitive therapy. For the most part, cognitive therapy is there to help an individual achieve remission from their disorder to prevent future relapse or pain within their circle assisting in their journey. Last, the CBT model is a helping aid for the therapist and positive reinforcement, for the client being treated. Therefore, creating and open the door for another therapist expertise to address the concerns of the client and help themShow MoreRelatedThe Theory Of Cognitive Psychology947 Words   |  4 Pagesunderstand how information is stored and recalled was thought not so widely followed through until the concept of cognitive psychology came along. Cognitive Psychology is broadly known as the study to understand the deep complexity of processing and recalling information which can determine our behaviors and feelings. There are three main focuses which contribute to the study of cognitive psychology. 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Analysing Invisible Man Essay - 1109 Words

Analysing Invisible Man After reading this book I wondered what it would be like to be blind then gain sight, but realize you cannot see yourself because you are invisible. It seems like a cruel joke that once you can see you realize that you still cannot see who you are. Even though this seems like a very depressing event Ellison makes it seem like a positive thing. While, at the end of the story, the narrator still does not know his place in the world he seems to be glad that he is no longer blindfolded. He even questions the readers ability to see, Who knows but that, on some lower frequencies, I speak for you? What Ellison does well is the evolution of the narrators blindness. The blindness motif seems to first show†¦show more content†¦Now at this point the narrator is still blindfolded, and he seems to be moved by the speech and still have some faith in Bledsoe. I mean, he obviously trusts him with the letters. If he did not he would have opened them before he gave them to the prospectiv e employers. One of the first times the narrator removes a blindfold (I say a blindfold because he wears many) is when he eats the yams in the street. Yes this act gives him a sense of freedom, but it gives him an even greater realization. He believes that he can judge a good yam by merely looking at it. You dont have to convince me...I can look at it and see its good. He is making a blind assumption at this point, and on top of that he is doing the very thing that others do to him. He is making a judgment on something based on its outward appearance. When he eats the frostbitten yam he realizes that he cannot make a clear judgment on things based on that appearance only. This can even be brought back to his original assessment of Dr. Bledsoe. The removal of the blindfolds help in the discovery of the narrators own identity. However, when he joins the Brotherhood he is once again blinded. This is shown during the speeches in chapter sixteen. He is afraid that he will become someone else, and the spotlight then blinds him. The Brotherhood hinders his search for who he is. He is trying to find his place in history, but he believes that only through the Brotherhood, who places no value on theShow MoreRelatedThe Theory Of Moral Sentiments987 Words   |  4 Pageswas not suitable for that society anymore, and it needed to build another new theory system to suit the developing society. He wrote two masterpieces that proposed his ideas: The Theory of Moral Sentiments, which discusses the human development by analysing the human emotion, and The Wealth of Nations, which summarises the development of capitalism and it is also a foundation for today’s economy. This essay will analyse the self-interest, plays as a motivator role in morality and economy field, andRead MoreMultimodal Vs. Multimodal Mode1541 Words   |  7 Pagesstories focus on specific populations, and are collected in countries from all over the globe. Once the stories are uploaded to the Humans of New York site, they are classified into series. To be exact the series currently featured on the site are, Invisible Wounds, Pediatric Cancer, Inmate Stories, Syrian Americans, and Refugee Stories. Within the series, are stories examining the experiences and challenges that the people who fall under these classifications faced. As previously stated, Humans ofRead More The Importance of Adam Smiths Work to Economic Thought Essay1595 Words   |  7 Pages From a social point of view, I believe Smiths concept of an ‘invisible hand’ to be a crucial step in economic development under capitalism. This concept states that in order to best benefit his community within a free market environment, an individual must rely heavily upon self interest. 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Performance Management Omega Inc Case Study

Question: Discuss about thePerformance Managementfor Omega Inc Case Study. Answer: Introduction Prerequisite forms the basis of performance planning(Gruman Saks, 2011). However, Omega Inc. lacks proper prerequisite for appropriate performance planning. There is no direct link between the company top management and sales representatives who are crucial determinants of the company success. Besides, there is no clear definition of the sales representative roles. To overcome this top management should focus on building the performance among the franchisees and also have transparent communication whereby goals, mission and vision of the company will be well defined and understood by all the employees of the company. If performance planning is not proper performance execution will be a challenge(Toppo Prusty, 2012). Omega Inc. seems to lack proper performance planning to the extent that the plans arrived at by the management are not documented. This contributes to the lack of a clear link between the established performance plans and implementation of the anticipated performance. Omega will get rid of this by ensuring that all the performance plans are documented and executed accordingly. Alternatively, any deviation from the laid down performance plans should be corrected. Performance execution provides a prerequisite for performance assessment (Pulakos, 2009). Even though Omega Inc. was able to carry out performance assessment it has been evidently found that the performance plans were never achieved. Therefore, the paper argues that there has been a link between performance execution and performance assessment. Performance assessment drives the management to carry out performance review(Toppo Prusty, 2012). Upon assessment of Omega Inc. performance the paper finds that the performance of the sales representatives has declined. This has forced the company to review the performance and network of the franchise managers. Performance review acts the decision-making foundation for the management to either renew the performance or carry out performance re-contracting (Pulakos, 2009). The performance review of Omega Inc. shows that the performance of the company has declined. Therefore. The best option for the company is to do away with performance renewal and re-contracting. Performance renewal and re-contracting are much linked with performance perquisites(Gruman Saks, 2011). The performance of the sales representatives skills and their services to customers clearly shows that the company should not go for performance renewal or re-contracting. However, if the company opts to continue working with the same franchises, it should compel them to acquire sales persons who are highly competent and qualified. References Pulakos, E. (2009). Performance Management: A roadmap for developing, implementing and evaluating performance management systems. The United States of America.: SHRM Foundation. Gruman, J. A., Saks, A. M. (2011). Performance Management and Employee Engagement. Human Resource Management Review, 2(1), 121-136. Toppo, L., Prusty , T. (2012). From Performance Appraisal to Performance Management. Journal of Business and Management, 3(5), 1-6.