31 Jul Week 1
After reading and evaluating the material found in theme one. Select five new businesses that you perceive will succeed in the present economic environment today. Explain the business purpose and give supported reasons as to why you selected them based on the course material.
Learning Activity #2
Reflect on the statement below and then take a position as to the truth of the statement. Support your position with the course material.
“There is no difference between leaders and managers today.”
Theme #1: The Business Environment of Today
Today’s business environment can be characterized as frenetic. The rapid changes in technology and development of new business opportunities are making traditional business leaders uncertain as to how to manage and lead change. The face of leadership has changed from the “Captain of Industry” to the “Team of Change”. Theme One explores the changed landscape of business and the issues facing leaders of today
Read or View:
- Dominic Barton McKinsey Video
- Why the Business Environment Has Changed
- The Workplace Change
- Managing Chaos
- Why Business Can Be Good to Solve Social Problems
- Five Biggest Business Opportunities in America
Theme #2: Leadership is the New Face of Management
“Management is about arranging and telling. Leadership is about nurturing and enhancing.” Tom Peters
Until now the coursework has indicated there is a difference between managers and leaders. The mindset of the leader is that of the visionary, big picture, future oriented, leader of followers. On the other hand, managers are the business stabilizers, the point person who seeks to set goals toward the execution of the leader’s vision. But is that the future for managers? The breakdown of large business structures into smaller, collaborative, changed, responsive organizations with flat structures led by teams puts managers in the unique position of setting visions and making decisions that formerly would not have been afford to them. It seems to suggest that leaders will be managers and manager’s leaders. Is leadership then the new face of management?
Theme two examines the role functions of leaders and managers in today’s business.
Read or View:
- 9 Differences Between Managers and Leaders
- Leadership and Management in the 21st Century Organization
- Is the Distinction Between Managers and Leader Extinct
- Leader vs. Manager
- Organizations Need Leaders on All Levels
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