How Do Management and Leadership of People in Small Businesses Differ from Large Organizations?
Introduction and Purpose
The purpose of the paper is to analyze how leadership skills influence efficiency of small and large businesses, investigate the differences and similarities of the affects leadership and human relations work have on the small and larger businesses. Moreover, the purpose of this paper is to find out, what affect the business ethics and business spirituality have on company efficiency. It reaches the aim by analysis of research of a number of scientists working on this issue. The recommendations of the research are embedded in the conclusion thereof.
Review of Research
Business ethics and social responsibility can be used to increase efficiency of any company, either large or small. They are capable to affect the reputation of the company in a good way. An organization with standards of business ethics is always easily negotiated with. It is usually easy to enter into engagements with a company that has transparent rules of game. More importantly, the company’s relationships with employees, investors, and customers depend on its business ethics and accountability of the management.
Findings and Analysis
Modern business managers speak of business spirituality as a ground for sustainable business. Consultants insist that social responsibility of CEO and compliance with a standard business ethics can increase the firm’s efficiency, as well as interpersonal relations among the staff of this firm. “It is truly regrettable that a person will treat a man who is valuable to him well, and a man who is worthless to him poorly”, - goes a Japanese Samurai saying. In today’s business world of hectic relations business people are looking for important contacts, and sometimes close their eyes at the real world with people of a lower class, less wealth or other capabilities of a lower level. Here, even the term “lower” is relative though, and relates merely to the perception of such business people. The University of Chicago Professor Curtis Verschoor published in Management Accounting that “companies with a defined corporate commitment to ethical principles do better financially than companies that don’t make ethics a key management component” (McLaughlin, Corinne, 2004).
In order for one’s business to go up and prosper, the managers have to grow spiritually themselves, and make the business flourish. Only a healthy thinking manager with a positive outlook and energetic, spiritual lifestyle will provide for the betterment of management within the company (Ritscher, James A., 1985). As a result, the employers will be more willing to contribute to the company. Finally, the profits of such company will go up, and the financial statements will over some point in time prove to have increased. So what a manager can do for her spiritual business improvement and for the improvement of spirituality of business?
First of all, every manager should realize that no matter what position a person occupies today, she is still a human being with her dignity and rights, equal to the dignity and rights of the manager herself. This is vital for …