What separates a good manager from a bad one is their ability to successfully...
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- What distinguishes a successful manager from a poor manager?When it comes to the process of leadership, what exactly are the responsibilities of the leader and the follower?Original Source Material Student Version In examining the history of the visionary Decisions that look like the result of companies, we were struck by how often they made some of their best moves smart strategic thinking could, instead, be attributed to a culture that values not by detailed strategic planning, opportunistic experimenting and intentional mishaps. Collins and Porras (2002) point out their surprise at finding that many of the visionary companies but rather by experimentation, trial and error, opportunism, and--quite literally--accident. What looks in hindsight like a brilliant strategy that they researched "made some of was often the residual result of their best moves not by detailed opportunistic experimentation and planning, but rather by experimentation, "purposeful accidents." trial and error, opportunism, and--quite literally--accident" (p. 141). References: Collins, J. C., & Porras, J. I. (2002). Built References: to last: Successful habits of visionary Collins, J.…
- The board of directors of a company decides that senior management has to be rewarded in order to achieve the company's objectives. The board of directors selects whether or not to award bonuses based on growth in share value at the end of each fiscal year. Bonuses will be given in shares, which the managers can keep or sell on the open market. What are the ramifications of implementing a bonus system like this?How might one go about becoming a respected manager?How do good managers differ from bad ones?