Unit 6A Glossary
BTEC Level 3 Business Studies. Unit 6: Principles of Management
Action-centred leadership - Achieving the task, building and managing the team and developing the individual.
Business culture - People within an organization's attitudes toward their work, relationships with one another, and interactions with external stakeholders. It is motivated by a set of common beliefs and values.
Business mission - The reasons a business exists.
Business values - The beliefs and principles that drive a business. Business vision - What a business aims to be in the future.
Controlling - Being aware of the activities of staff and who is underperforming and ensuring that they complete their part of the team responsibilities to ensure overall objectives are met.
Coordinating - Getting different functions of an organisation to work together to achieve common goals. Delegating - Giving managers and employees the authority to make their own decisions.
Determining the best route to success - The role of a leader to understanding the roles and activities that are required to achieve goals.
Energising - A leadership trait which brings positivity and enjoyment to their team.
Envisioning - A leadership trait that shows a good awareness of the strengths of the organisation and its teams and can set realistic and achievable future goals that will drive the organisation forward.
Function centred leadership - Ensuring that all requirements of a group are met so that goals can be achieved.
Functions of leadership - Influencing others to achieve common goals.
Functions of management - Planning, organising, controlling, co-ordinating and commanding
Influencing stakeholders - A leadership communication trait which gains support of different groups of people affected by the business actions
Inspiring - A leadership quality where staff are encouraged to want to do something
Leadership - The act of inspiring individuals and groups to achieve significant goals
Leadership continuum for management behaviour - A scale used to analyse leadership by how leader or subordinate centred their style is
Management - Organising and supervising the work of others so that their tasks be accomplished quickly and effectively
Management by objectives - The process of establishing clear goals for employees to work towards and systematically reviewing progress towards them.
Management styles - Managers' skills, abilities, and approaches for dealing with issues and displaying leadership within an organisation.
Monitoring - Observing the activities of subordinates so that feedback can be given
Organising - Arranging staff, physical and financial resources in a way that most effectively achieves the team goals.
Planning - Setting goals for the future and deciding on the most appropriate course of action in order for those goals to be achieved.
Situational and contingency leadership - The view that a leader should be able to adapt their leadership style depending on the context
Structure of the workforce - The way in which staff are organised within a business or department.
Transactional leadership - A leadership style that embraces rules, procedures and short-term targets
Transformational leadership - Where leaders work with their teams to identify the changes needed and create visions for those changes
