Business AS-level 3.2 Managers, Leadership and Decision Making

3.2.1
Textbook Section 2
Understanding management, leadership and decision making

Define Leadership

Three types of leadership styles

Autocratic Leadership

Paternalistic Leadership

Democratic Leadership

What might influence an Autocratic leadership style?

What might a influence an Democratic leadership style?

What is the Blake Mouton Grid?

3.2.2

Understanding manangement decision making

RISKS of decisions
(getting it wrong)

REWARDS of decisions
(getting it right)

Scientific Method of decision making; make an informed decision made on data. Minimising the risk of failure.

Advantages of Scientific decision making

Disadvantages of Scientific decision making

Advantages of Intuition decision making

Disadvantages of Intuition decision making

Factors effecting the decision

Qualitative Data

Quantitative Data

What are Decision Trees?

How do you calculate Estimated Value and Net profit on a decision tree?

Advantages of Decision Trees

Disadvantages of Decisions Trees

3.2.3
Understanding the role and importance of stakeholders

Stakeholder Mapping

Influences on the relationship with stakeholders

Communication with different stakeholders

Benefits of good communication

Consultation with different stakeholders