Answer
Answer
Answer: Planning is a crucial management aspect that involves setting company goals,
allocating resources efficiently, and considering opportunities, threats, and constraints. It
serves as a roadmap for achieving objectives and outlining necessary resource assignments,
timetables, projects, and activities. This ensures that the company fulfills its goals and
maximizes resource utilization.
A goal is the ideal future state that defines an organization's purpose, while plans outline how
these ends will be achieved. Planning is the strategy used to execute the mission and realize
the vision while focusing on the future.
Planning involves six crucial questions: what needs to be planned, alternate routes, deadline,
location, method, responsibility, and the time, effort, and resources required to complete the
task, aiding in determining the necessary actions, timeframe, and materials.
Types of Planning :
There are various classifications for planning.
Depending on the level (business, corporate, and functional plans):
Society needs institutions like PWD's chairman for road construction and Sambhavi Bakers'
owner for high-quality baked goods to meet short-term, medium-term, and long-term needs.
The plan should support all conditions, considering market segments and product/service
specifics. Sambhavi bakers' construction time is typically 8-10 years, while roads may take 15-
20 years. The particulars of the market segment and the goods or services offered must be
considered to define the time frame precisely.
Question 2:
Answer: Although organizing usually refers to planning a party or gathering, managers also
use the term "organization" to refer to the organized structure of responsibilities and positions.
Examples of these entities include cultural organizations and companies like Vodafone.
Marketing, finance, mechanical, and human operations are just a few of the tasks organizations
plan and carry out to accomplish their goals. Coordinating authority-responsibility,
communicating amongst activities, and ensuring roles and jobs are easily accessible are all
necessary for optimizing results through organizing. For this reason, to get results, managers
must always manage.
Tasks are identified and categorized, then grouped for specific goals, managers are assigned to
each group, and coordination between hierarchies is facilitated. It entails creating a functional
role structure and finishing tasks to ensure adequate accountability and coordination.
Question 3:
SET-2
Question 4:
1. Physiological – comprises the body's basic needs, such as food, drink, shelter, and sex.
Therefore, a person won't be motivated if their workplace doesn't meet these needs. He'll need
the following hierarchy if he gets these.
2. Safety – He searches for a safe and protected workplace from physical and emotional harm.
He also wants to avoid being mistreated or threatened at work.
3. Social – includes warmth, acceptance, camaraderie, and belonging in the workplace; if he
receives these, he will be content to put in much effort at work.
Employees are motivated by workplaces that ensure this. The Hawthorne experiments
demonstrated how social relationships increased productivity.
4. Esteem – To assist people in achieving their objectives and meeting their esteem needs,
organizations strongly emphasize meeting internal and external esteem factors like self-respect,
autonomy, and achievement. This entails establishing objectives, encouraging them, and
rewarding them when they succeed. The money obtained from achieving these objectives can
be utilized to meet other needs, like socializing, safety, or charitable giving. By combining
rewards and these needs, organizations can assist people in meeting most of their different
needs.
5. Self-actualisation – The desire to grow, realize one's potential, and find fulfillment in
oneself is the motivation behind becoming what one can be.
Question 5:
Answer: A team consists of individuals collaborating to accomplish a shared objective. They
can be short-term or long-term, with long-term teams such as product development or executive
leadership. Groups with short lifespans plan company functions, develop onboarding protocols
and address client concerns while managing tasks and performance-based rewards.
1. Clear purpose: Understanding group objectives boosts collective effort and buy-in and
can be determined by the group, leader, or individual members, providing direction.
2. Making decisions in consensus encourages group members to freely express opinions,
promoting participation and acceptance of others' viewpoints, even if they believe
there's a better option.
3. Shared leadership: It involves multiple members taking on roles like controller,
challenger, facilitator, or contributor, which can change depending on circumstances
and are only occasionally filled by the same person.
4. Listening: Effective group dynamics require active listening and open communication
among team members to foster interpersonal understanding.
5. Open communication: Group members who actively participate share their emotions,
give prompt feedback, and exchange pertinent information.
6. Self-assessment is a method that helps groups identify areas for improvement, thereby
enhancing their overall success.
7. Civilized disagreement suggests that groups have developed interpersonal sensitivity
and internal mechanisms to handle internal conflicts effectively.
8. Style diversity: It is achieved when group members actively embrace and accept
differences in style and behavior while also being tolerant.
9. Networking: A group member connects with external sources for information, support,
and assistance to achieve their goals.
10. Participation in decision-making and activities boosts group members' self-efficacy,
strategy development, and buy-in.
11. Informal relations develop in a comfortable, relaxed environment where participants
actively seek and maintain connections due to their sense of comfort around each other.
12. Distinct roles and responsibilities: A group's commitments are clearly understood
when everyone agrees on their roles and responsibilities.
13. Willingness to share: Group members can gain from one another's expertise by
exchanging information, skills, tools, energy, and emotional support.
14. Prepared for independence: Group members are likelier to possess the necessary
skills for specific tasks if trained, coached, or developed independently.
15. Structural support: It creates a work environment that enhances group performance
through open communication channels and a team-based reward system.
16. Leader/Management style: The leader/management style refers to a manager's ability
to enhance team members' self-assurance, self-control, and interpersonal relationships
through empowerment, mentoring, support, and coaching.
17. Learning environment: The extent to which a group or organization promotes
learning from one another's experiences is known as the learning environment.
Question 6:
Answer: Leadership can be developed or learned, with various views on its nature. Research
by DDI shows that 70% of business leaders interviewed were school prefects, 50% were sports
captains, and 30% were head or deputy head boy or girl. However, some individuals need more
skills, motivation, and opportunities. Gandhi's example of inspiring others to become leaders
can help us understand the potential of leadership.
Leadership learning involves knowing what, how to, wanting to apply, and applying leadership
skills. It's a core skill that can only be developed if desired, motivated, focused on specific
behavior, and practiced in real-life situations. Culture, enthusiasm, time pressure, and personal
experience influence learning. Self-awareness and self-discipline are crucial for successful
training.
According to Warren Bennis, leadership is about the individual capacity of the leader. It entails
self-awareness, an articulated vision, developing trust with colleagues, and taking decisive
action to fulfill one's leadership potential. According to Bernard M. Bass, leadership is also the
skill of inspiring and preparing a group of people to work toward a common objective. Ideas
conveyed to engage others are the foundation of effective leadership, positioning the leader as
the motivator and coordinator of the action. Influential leaders improve the bottom lines of
their organizations. In the business world, leadership is correlated with performance.
Trait theory :
As per the theory, an individual's physical appearance, intelligence, and disposition are innate
characteristics that make them leaders. Nonetheless, the results of this theory run counter to the
extraordinary leadership qualities exhibited by people such as Abraham Lincoln.
There is still a relationship between leadership and qualities like personality, perception, IQ,
and emotional intelligence. The CEOs in Charan and Colvin's 1999 study shared the following
traits:
According to Deloitte and Touche's study, the following traits are crucial:
• Capacity to make tough choices
• Ability to guide a business through a crisis
• Dependability
• To be truthful
• Mental faculties and intellect