Theories of Leadership

Paper Summary:

The paper discusses the advice of Peter Drucker and Rosemary Stewart, professional management theorists, on how to implement the five basic functions of leadership in an effective manner. The paper looks at the functions of planning, leading, organizing, coordinating and controlling. The paper highlights the relevance of these ideas for organizations in the 21st century.

Outline:
Introduction
Function 1: Planning
Function 2: Leading
Function 3: Organizing
Function 4: Coordinating
Function 5: Controlling
Conclusion

From the Paper:

"Look to the long-term, not the short term. Do not ask what your major competitors are doing now, rather ask what your customers desire, and will desire in the future. This idea flies in the face of the ethos that drove the dot.com boom, where businesses were begun with 'cool ideas' without a clear sense that customers actually desired to shop at such enterprises. Drucker lived to see the explosion of e-commerce, and embraced it, despite his advanced age, but stressed that it must be viewed from a customer-driven perspective. "In the mental geography of e-commerce, distance has been eliminated...There is only one economy and only one market" (Andrews 1997)."

Sample of Sources Used:

• Andrews, Fred. "Peter Drucker Still Preaches Customers Over Profits." The New York Times. 17 Nov 1997. 30 Mar 2008.http://nytimes.com/library/jobmarket/111799manage-drucker.html
• Drucker, Peter. "Putting More Now Into Knowledge." Forbes.com. 15 May 2000.30 Mar 2008.http://www.forbes.com/forbes/2000/0515/6511084a.html
• Jarvis, Chris. "Henri Fayol." 9 Sept 2005. Bola.biz. 30 Mar 2008.http://www.bola.biz/competence/fayol.html
• Jarvis, Chris. "Job Demands, Choices and Constraints." Bola.biz. 9 Sept 2005. 30 Mar 2008.http://www.bola.biz/jobs/stewart.html
• "Talking About Tomorrow." The Wall Street Journal. Jan 2000. 20 Mar 2008. http://interactive.wsj.com/millennium/articles/SB944517413185622361.htm

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