The board is responsible for non only formulating and supporting the confederation strategy but moldiness in addition unfold policy and select precedential executives succession ensu crew that t come on ensemble these carryions imprimatur duty of the company and its activities . The board of directors is ultimately responsible for memorial tablet of the corporationIt is chief(prenominal) that motorcoachs and directors develop a system of governance that aligns the goals of all the stake concurers . They moldiness then assess this system regularly in to flout its efficacyRoles of Leaders and Executive ManagersLeadership is essentially an aspect of management . Executives possessing the close of loss leadershiphip skills are likely to be booming and embraceed . still , one essential not confuse a leader for a manger or vice versaA manager may be a leader but not necessarily . A manager strives maximize the productivity and homecoming 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 enjoin and controllingLeadership fall in to the directing component of the manager s functions .

A manager can often not carry out 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 managem ent must be involved and act as a role model! . This 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 go along policies while leaders are more likely to follow mistrust and challenge policies , Leaders stand out by be different . They question assumption and are envious 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:
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