Critical Analysis Essay Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

MANAGEMENT:

This refers to the powers and responsibilities a managers or the supervisor possess to get the work done from his employees. A manager keeps an eye over its workers that if they are performance is up to the mark. Difficult tasks are assigned to those who have the capability to complete them, and the inexperienced employees are given simpler tasks. This brings in efficiency and effectiveness. An experienced employees can tackle with the more difficult task and can get the work done in lesser time as compared to the new worker. Management requires toughness towards the employees because at sometimes a slight leniency might result in lesser efficiency. At the end of the day, a manager’s task is to get the work done from the employees as incomplete tasks makes the company inefficient which might also result in low profitability.

The application of leaders and managers are somewhat similar. They both act to give maximum profitability to the company by ensuring the maximum productivity from the employees. They both interacts with the employees and discusses about their tasks. The way they go about their application is where the differences arises. A leader will motivate the workers and will tell the company’s vision. He makes sure that the employees are relating the company’s vision and like this they can contribute more to the company’s progress. He works with them to get to the goals and listens to their problems whenever necessary so that the employees can get comfortable with him. Meanwhile a manager is required to look after the daily tasks. It is his responsibility to get the tasks done by the employees. The administrative skills should be of high quality because he have to deal different kinds of workers and it gets difficult to deal with them. He directs the workers regarding a certain tasks and observes that which employee is having difficulties performing them. He also establishes rules and regulations so the workers have to adhere them.

A leader has to be fearless if he have to run his business. There are risks involved in certain tasks but if it gets passed through those risks his business can touch new heights. To get the higher returns, higher risks are to be taken and a good leader analyzes all the risks and returns and then jumps into it. The vital aspect here is that a leader has to have complete faith in himself and has to transfer the same confidence to his team as well. If the team doesn’t gets afraid to take risks there are chances that the company might see newer innovations in their products which they might not have thought of before. Unlike a leader, a manager analyzes the risks and goes for the less risky option because according to him getting lesser losses should be the main objective. Riskier ventures also takes more time to complete therefore a manager avoids the difficult routes and gets the work done on time. As a manager takes less risks there are chances that the tasks might be completed in an efficient manner but the returns stays stagnant.

In an attempt to lead his team well a manager has to work and think like a leader. Just like a leader a manager has to develop his soft skills by providing extra care to the employees. As the employee gets affection and proper care from the manager its motivation level reaches new heights. By doing so they become much more efficient. One of the leadership skills that manager can learn from a leader is to become better at communication. A manager needs to express himself to his subordinates and listens to their problem. It has to create empathy within himself as it makes an employee comfortable.........

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