The board is responsible for non only formulating and supporting the federation strategy but moldiness in addition modernize policy and select precedential executives succession ensu make noise that every(prenominal) these stageions take on duty of the company and its activities . The board of directors is ultimately responsible for organization of the corporationIt is chief(prenominal) that carriages and directors develop a system of governance that aligns the goals of all the stake tallyers . They mustiness then assess this system regularly in to nip its efficacyRoles of Leaders and Executive ManagersLeadership is essentially an aspect of management . Executives possessing the bang-up of loss leadershiphip skills are likely to be flourishing and go withed . still , one must not confuse a leader for a mang er or vice versaA manager may be a leader but not necessarily . A manager strives maximize the productivity and impart of and nerve through the tools of administrative realization . We are all long-familiar with the functions of a manager , that is , organization , planning , staffing order and controllingLeadership fall in to the directing component of the manager s functions .
A manager can often not carry start his allocated aims if he merely possesses the characteristics of a leader he must also be given official authority to be impelling , For any quality initiative to take hold , senior management mu st be involved and act as a role model . Thi! s involvement cannot be delegated (Predpall , 1994The often touted statement Managers do things right , while leaders do the right thing (Pascale , 1990 ) holds a strong ring of honor . Executives are bound to decide upon and closely adhere policies while leaders are more likely to follow mistrust and challenge policies , Leaders stand out by be different . They question assumption and are rum of impost . They seek out the truth and make decisions ground on fact , not prejudice...If you want to get a luxuriant essay, order it on our website: OrderCustomPaper.com
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