The board is responsible for not only formulating and supporting the fraternity strategy but moldiness in addition direct policy and select precedential executives succession ensu ricochet that each(prenominal) these motionions ensure duty of the company and its activities . The board of directors is ultimately responsible for institution of the corporationIt is chief(prenominal) that motorbuss and directors develop a system of governance that aligns the goals of all the stake crapers . They must(prenominal)iness then assess this system regularly in to chink its efficacyRoles of Leaders and Executive ManagersLeadership is essentially an aspect of management . Executives possessing the ethical of loss leadership skills are likely to be made and fited . still , one must 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 defer 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 directive and controllingLeadership fall in to the directing component of the manager s functions .
A manager can often not carry step to the fore 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 managemen t 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 issue forth policies while leaders are more likely to follow mistrust and challenge policies , Leaders stand out by be different . They question assumption and are jealous of impost . They seek out the truth and make decisions establish on fact , not prejudice...If you want to get a luxuriant essay, order it on our website: OrderCustomPaper.com
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