Leadership and Management at the Coca Cola Company Essay -- Business M

Leadership and Management at the Coca Cola Company descent is an economic institution whose goal is economic Survival and whose activities be prevail by the profit motive.Its primary purpose is to create and satisfy a customer and make aprofit. To achieve this purpose, duty must be skilfully managed.Management is defined as the art of conducting and supervising abusiness or as using judgment in business affairs. A manager is onewho actively directs, controls and manipulates his or her business milieu in a manner that takes account of the risks involved in gild to realize monetary gain.Successful business draws have show that cracking management skills,whether in a large corporation or in a one-person business, are vitalto the success of a business. Many small business people may be good enoughat launching their venture, but weak in managing the development and afterwards stages of the business.DIFFERENCES AND SIMILARITIES BETWEEN A MANAGER AND A LEADERLeadership is incisively one of the many assets a successful manager mustpossess. burster must be taken in distinguishing between the twoconcepts. The chief(prenominal) aim of a manager is to maximise the output of theorganisation through with(predicate) administrative implementation. To achieve this,managers must undertake the following functions* Organisation* cookery* Staffing* Directing* ControllingLeadership is just one important persona of the directing function.A manager cannot just be a leader he also needs formal authority tobe effective. In some circumstances, leadership is not required. Forexample, self-motivated groups may not require a single leader and mayfind leaders dominating. The fact that a leader is not always requiredp... ...f management style involves empowerment. In this managementstyle individuals and teams are given responsibilities and decisionsto make, usually within a given framework. If anything wrong happensthen the individuals and teams are then held responsible for the decisions that are chosen. With this type of management style itallows the manager to feel comfortable with otherwise people in theorganization making some of the decisions. pop managers giveoften want feed back from their employees on decisions being made.Democratic leaders listen and act on the opinions of the group. Thistype of management is good as it makes the employees happy andproductivity is high. This is very good because employees thoughtsand suggestions are listened to by the business. This makes theemployees seem as if they are respected and that their thoughts arevalid.