Management > QUESTIONS & ANSWERS > WGU D073 Best Practices in management latest 2023 (All)
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. [Show More]
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