Godstime Resources Management Limited

08/03/2016

SCHOLARSHIP! SCHOLARSHIP!! SCHOLARSHIP!!!

GODSTIME RESOURCES MANAGEMENT LIMITED IS OFFERING SCHOLARSHIP ON SKILLS TRAINING.

Godstime Resources Management Limited is a registered business, employment & training consultants firm. We are committed to; helping applicants get job with good working conditions and employers recruit the right candidates, providing business solutions and result oriented recommendations, and providing affordable access to impacts driven skills and capacity building training. With our team of professionals, we create synergy between relevant practical solutions for specific business needs; increase profitability, guarantee sustainability and exceptional track record of success. Whether you are starting a business or you are already running businesses, we here here to help you inject much needed skills and strategy into your business structure.
We are officially launching our services on Saturday 25, June 2016. As part of activities marking our date, we are offering scholarship to 500 lucky people on skills training.

COURSES AVAILABLE:
1. ADMINISTRATIVE OFFICE PROCEDURE
2. ADMINISTRATIVE SUPPORT SKILLS
3. BASIC BOOKKEEPING
4. BUSINESS ACUMEN
5. BUSINESS SUCCESSION PLANNING
6. CHANGE MANAGEMENT
7. COACHING AND MENTORING
8. COLLABORATIVE BUSINESS WRITING
9. CONFLICT RESOLUTION
10. CREATIVE PROBLEM SOLVING
11. CUSTOMER SERVICE
12. EFFECTIVE BUSINESS WRITING
13. EFFECTIVE COMMUNICATION STRATEGIES
14. EFFECTIVE JOB SEARCH SKILLS
15. EFFECTIVE PUBLIC SPEAKING
16. ENTREPRENEURSHIP
17. HANDLING A DIFFICULT CUSTOMER
18. HUMAN RESOURCES MANAGEMENT
19. INTERPERSONAL SKILLS
20. INTERNET MARKETING FUNDAMENTAL
21. LEADERSHIP AND INFLUENCE
22. MARKETING BASICS
23. MEETING MANAGEMENT
24. MEDIA AND PUBLIC RELATIONS
25. NEGOTIATION SKILLS
26. ORGANIZATION SKILLS
27. PERFORMANCE MANAGEMENT
28. PERSONAL BRANDING
29. PERSONAL PRODUCTIVITY
30. PRESENTATION SKILLS
31. PROJECT MANAGEMENT
32. PROPOSAL WRITING SKILLS
33. RISK ASSESSMENT AND MANAGEMENT
34. STRESS MANAGEMENT
35. SUPERVISING OTHERS
36. SUPPLY CHAIN MANAGEMENT
37. TEAM BUILDING AND MANAGEMENT
38. TELENT MANAGEMENT
39. TIME MANAGEMENT

The Scholarship Is Being Sponsored By Godstime Group And Its International Partners. Admission Is Based On Your Examination Performance.

BENEFITS:
1. The best Ten (10) trainee will be given automatic employment.
2. All participants will be given opportunity to submit business proposal.
3. The best five business proposal will be sponsored by our partners.
4. Professional Certificate with Reference Letter will be issue to all participants.
5. We will help trainees that are unemployed to get job with good working conditions.
6. The Scholarship is FREE to all participants and is open for every body provided you pass our test.

METHOD OF APPLICATION:
The application form is FREE and can be obtained From our office or you can apply by sending us your full name, Location, educational level, date of birthday, S*x and marital status to 09020710420.
You better still send it on Facebook with direct message.

FIND US @:
GODSTIME RESOURCES MANAGEMENT LIMITED OFFICE: No.1 UST Roundabout, Inside Bestech, Opp. Mile 3 Police Station, Mile 3, Port Harcourt, Rivers State, Nigeria.
Tel: 08138085090, 09020710420.
Email: [email protected]
WhatsApp Only: 07038942960.

Consulting agency

08/03/2016

GODSTIME RESOURCES MANAGEMENT LIMITED
(Business, Employment &Training Consultants).

ABOUT US:
Godstime Resources Management Limited is a registered business, employment & training consultants firm. We are committed to; helping applicants get job with good working conditions and employers recruit the right candidates, providing business solutions and result oriented recommendations, and providing affordable access to impacts driven skills and capacity building training. With our team of professionals, we create synergy between relevant practical solutions for specific business needs; increase profitability, guarantee sustainability and exceptional track record of success. Whether you are starting a business or you are already running businesses, we here here to help you inject much needed skills and strategy into your business structure.

OUR VISION:
Our vision is to build people capacity, develop small businesses and create jobs by helping people with entrepreneurial potentials to realize their dreams and to provide penetrating, proactive, effective, affordable and productivity enhanced training tools and global excellence consulting for specific organization needs.

OUR MISSION:
We assist people in exploring opportunities, launching new businesses or growing their existing businesses, by providing impacts driven skills and capacity building training, unique customize consulting services, productive business solutions and result oriented recommendations.

OUR CORE VALUES:
With transparent character, open minded attitude, impervious integrity and exceptional competence. We proffer realistic solutions that fulfill and satisfy cooperate and individual business needs.

OUR SERVICES:
Our services includes: Bookkeeping, Business Plans Writing, Business Proposal Writing, Business Development, Business Management, Business Evaluation, Employee Recruitment, Employee Training, Human Capacity Building, Marketing Plans Writing, Market Research, Organizational Reviews, Project Implementation, Project Management, Strategic Planning, Seminars & Workshops, Supplying of Workers and ICT Training. Our Product is Corporate Training Materials.

WHY GODSTIME RESOURCES MANAGEMENT LIMITED?
1. Size of your business does not matter.
2. We are business friendly.
3.We understand your business.
4. Our services are handled by seasoned professionals
5. We customize our services to suit your organization needs.
6. Our training materials are design by our international partners.
7. We stand as surety for any worker will supply to our clients.
8. Our recruitment services are free to employers, etc.
9. Applicants enjoy free skills training.

HOW WE WORK WITH OUR CLIENTS!
Every business has its unique needs. We work closely with you to customize our approach and method according to the needs of your business. However, we have the following basic components. This 5-step process ensures quality services and business recommendations. These include; Initial Contact, Face-Face Meeting, Project Proposal, Research & Analysis and Project Delivery.

CONTACT US:
GODSTIME RESOURCES MANAGEMENT LIMITED OFFICE: No.1 UST Roundabout, Inside Bestech, Opp. Mile 3 Police Station, Mile 3, Port Harcourt, Rivers State, Nigeria.
Tel: 08138085090, 09020710420.
Email: [email protected] Facebook: www.Facebook.com/godstimeresources
WhatsApp Only: 07038942960.

Consulting agency

05/12/2015

COURSE TITLE: BASIC BOOKKEEPING

INTRODUCTION: Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, and of course, money! Numbers connect us all to each other many more ways than we might imagine. Essentially, our world revolves around numbers.
Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to BASIC BOOKKEEPING.

COURSE OUTLINES:
MODULE 1: GETTING STARTED
* Icebreaker
* Housekeeping Items
* The Parking Lot
* Course Objectives

MODULE 2: BASIC TERMINOLOGY 1
* Assets
* Liabilities
* Equity
* Income Statement
* Revenue
* Cost of Goods Sold
* Expenses
* Accounting Period

MODULE 3: BASIC TERMINOLOGY 2
* Accounts Receivable
* Accounts Payable
* Depreciation
* General Ledger
* Interest
* Inventory
* Journals
* Payroll
* Trial Balance

MODULE 4: ACCOUNTING METHODS
* Cash Method
* Accrual Method
* Difference Between Cash and Accrual

MODULE 5: KEEPING TRACK OF YOUR BUSINESS
* Accounts Payable
* Accounts Receivable
* The Journal
* The General Ledger
* Cash Management

MODULE 6: UNDERSTANDING THE BALANCE SHEET
* The Accounting Equation
* Double-Entry Accounting
* Types of Assets
* Types of Liabilities
* Equity

MODULE 7: OTHER FINANCIAL STATEMENT
* Income Statement
* Cash Flow Statement
* Capital Statement
* Budget vs Actual

MODULE 8: PAYROLL ACCOUNTING / TERMINOLOGY
* Gross Wages
* Net Wages
* Employee Tax Withholding's
* Employer Tax Expenses
* Salary Deferrals
* Employee Payroll
* Employee Benefits
* Tracking Accrued Leave
* Government Payroll Returns/Reports

MODULE 9: END OF PERIOD PROCEDURES
* Depreciating Your Assets
* Reconciling Cash
* Reconciling Investments
* Working With The Trial Balance
* Bad Debt
* Posting Adjustments and Corrections

MODULE 10: FINANCIAL PLANNING, BUDGETING AND CONTROL
* Reason For Budgeting
* Creating A Budgeting
* Comparing Budget To Actual Expenses

MODULE 11: AUDITING
* What Is An Audit?
* When And Why Would You Audit?
* Internal
* External

MODULE 12: WRAPPING UP
* Words From The Wise
* Review of The Parking Lot
* Action Plans and Evaluation.

04/12/2015

COURSE TITLE: BASIC BOOKKEEPING

INTRODUCTION: Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, and of course, money! Numbers connect us all to each other many more ways than we might imagine. Essentially, our world revolves around numbers.
Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to BASIC BOOKKEEPING.

COURSE OUTLINES:
MODULE 1: GETTING STARTED
* Icebreaker
* Housekeeping Items
* The Parking Lot
* Course Objectives

MODULE 2: BASIC TERMINOLOGY 1
* Assets
* Liabilities
* Equity
* Income Statement
* Revenue
* Cost of Goods Sold
* Expenses
* Accounting Period

MODULE 3: BASIC TERMINOLOGY 2
* Accounts Receivable
* Accounts Payable
* Depreciation
* General Ledger
* Interest
* Inventory
* Journals
* Payroll
* Trial Balance

MODULE 4: ACCOUNTING METHODS
* Cash Method
* Accrual Method
* Difference Between Cash and Accrual

MODULE 5: KEEPING TRACKBOF YOUR BUSINESS
* Accounts Payable
* Accounts Receivable
* The Journal
* The General Ledger
* Cash Management

MODULE 6: UNDERSTANDING THE BALANCE SHEET
* The Accounting Equation
* Double-Entry Accounting
* Types of Assets
* Types of Liabilities
* Equity

MODULE 7: OTHER FINANCIAL STATEMENT
* Income Statement
* Cash Flow Statement
* Capital Statement
* Budget vs Actual

MODULE 8: PAYROLL ACCOUNTING / TERMINOLOGY
* Gross Wages
* Net Wages
* Employee Tax Withholding's
* Employer Tax Expenses
* Salary Deferrals
* Employee Payroll
* Employee Benefits
* Tracking Accrued Leave
* Government Payroll Returns/Reports

MODULE 9: END OF PERIOD PROCEDURES
* Depreciating Your Assets
* Reconciling Cash
* Reconciling Investments
* Working With The Trial Balance
* Bad Debt
* Posting Adjustments and Corrections

MODULE 10: FINANCIAL PLANNING, BUDGETING AND CONTROL
* Reason For Budgeting
* Creating A Budgeting
* Comparing Budget To Actual Expenses

MODULE 11: AUDITING
* What Is An Audit?
* When And Why Would You Audit?
* Internal
* External

MODULE 12: WRAPPING UP
* Words From The Wise
* Review of The Parking Lot
* Action Plans and Evaluation.

04/12/2015

COURSES TITLE:
ADMINISTRATIVE SUPPORT SKILLS.

INTRODUCTION: Administrative Assistants are a key part of most office environments. They work quietly in the background, ensuring that the business runs smoothly. This training will give new Administrative Assistants tools that will make them that person that the office can't live without. Experienced Administrative Assistants will learn new tools that will make them more efficient and valuable than ever.
In the ADMINISTRATIVE SUPPORT COURSE, participants will learn the core skills that will help them use their resources efficiently, manage your time wisely, communicate effectively, and collaborate with others skillfully. The practices presented in this course may take time to be a part of your daily work routine. However, making the commitment to consistently apply the concepts every day is the key to changing and adopting new behaviours in a short amount of time.

COURSE OUTLINES:
MODULE 1: GETTING STARTED
* Icebreaker
* Housekeeping Items
* The Parking Lot
* Course Objectives

MODULE 2: GETTING ORGANIZED 1
* Dealing With E-mail
* Managing Electronic Files
* Keeping Track of the Paper Trail
* Making the Most of Voice Mail

MODULE 3: GETTING ORGANIZED 2
* Keeping Your Workplace Organized
* Using A To-Do Book
* The Extra Miles: Adding Project Management Techniques to Your Toolbox

MODULE 4: MANAGING TIME
* Managing Your Time
* Keeping Others On Track
*Maintaining Schedules

MODULE 5: GETTING IT ALL DONE ON TIME
* Prioritizing
*The Secret To Staying On Track
* Goal Setting

MODULE 6: SPECIAL TASKS
* Planning Small Meetings
* Planning Large Meetings
* Organizing Travel

MODULE 7: VERBAL COMMUNICATION SKILLS
* Listening and Hearing: They Aren't the Same Thing
* Asking Questions
* Communicating With Power

MODULE 8: NON-VERBAL COMMUNICATION SKILLS
*Body Language
* The Signals You Send To Others
* It's Not What You Say, It's How You Say It.

MODULE 9: EMPOWERING YOURSELF
* Being Assertive
* Resolving Conflict
* Building Consensus
* Making Decisions

MODULE 10: THE TEAM OF TWO
* Working With Your Manager
* Influencing Skills
* What To Do In Sticky Situation

MODULE 11: TAKING CARE OF YOURSELF
* Ergonomics
* Stress Management
* Dealing With A Heavy Workload

MODULE 12: WRAPPING UP
* Words From The Wise
* Review of Parking Lot
Completion of Action Plans and Evaluation.

26/11/2015

PURCHASE & SALE AGREEMENT.

WHAT IS A PURCHASE & SALE AGREEMENT?
A purchase and sale agreement is a legal document that states that the seller has an obligation to sell the product, asset or property in question. It also says the interested buyer is obligated to purchase the product. The product is often either real estate or business assets, although this type of legal contract can also be used when buying or selling other products. The typical agreement features basic information about the buyer and seller that might include names, phone numbers, addresses and the names of any co-signers. Other information it might have includes any deposits that have been paid, financing details, descriptions of the product and the final closing date.

WHO NEEDS A PURCHASE & SALE AGREEMENT?
If you plan to purchase or sell real estate, businesses, assets or any other products, you will need a purchase and sale agreement. A contract of this type seeks to ensure that both the buyer and seller are satisfied with the transaction. That's why it discusses details that include how the buyer will pay for the product, when the product will transfer ownership and what will happen if the buyer is not happy with the product after the purchase. More specifically, this type of document has contingencies in case any problems come up with the financing, inspection, appraisal or any other processes involved in the transaction.

KEY TERMS OF A PURCHASE & SALE AGREEMENT.
Whether you are a buyer or seller, you should know what the key terms are in a purchase and sale agreement. The more prepared you are before signing any paperwork, the more likely it is that you will be satisfied with the outcome. Some of the most important key terms in a purchase and sale agreements are:

Adjustments:
This refers to any changes that will have to be made in the purchase price as the closing date approaches.

Obligation for Fees:
This is a description of how the seller and buyer will pay any fees involved with closing the transaction.

Appraisal Contingency: This allows the buyer to cancel the deal if the appraisal finds that the product is not worth as much as he or she was about to pay for it.

Financing Contingency:
This says that the buyer has to be approved for the funds he or she will need to borrow to make the purchase. If the buyer does not get approved, he or she can back out of the sale.

Inspection Contingency:
This permits the buyer to have the product inspected prior to signing the closing paperwork. This is most common in a real estate transaction. If the inspection finds an issue with the product, the buyer can renegotiate or even cancel the deal without facing consequences.

27/07/2015

COMMUNISM VS SOCIALISM.

More often than not, in media and in
conversation the concepts of
Communism and Socialism are used
interchangeably to refer to the
essentially the same economic/
political philosophy. In reality these
are two different philosophies that
while having some similarities also
have some very stark differences.
Understanding the similarities and
the differences can be useful in terms
of appreciation the nuances of
Communism vs. Socialism in
discussions or publications.
Similarities
Communism and Socialism both
arose in the context of the Industrial
Revolution and largely as a response
to a time when business owners were
becoming extremely wealthy by
exploiting their workers.
Through different processes both
philosophies looked at the current
situation as being unsustainable and
eventually societal pressures would
result in drastic changes.
Other key similarities include:
Each is built on the premise that
individual will contribute to
society based on their own
ability.
Both advocate that institutions are
centralized and either controlled
by government or by collectives,
this effectively removes private
business as a producer of goods
and services.
Government (or some form of it)
plays a large role in economic
investment and planning, either in
a centralized form or
decentralized to local government
bodies.
Differences
While there are certainly key
similarities in the philosophy's of
Communism and Socialism, there are
differences that make considering
them interchangeable incorrect.
The most fundamental difference is
that under Communism individuals
are provided for or compensated
based on their needs, in effect
meaning that in a true communist
system you wouldn't have money and
you'd simply be given what the
government thinks you need in terms
of food, clothing, accommodation,
etc. Central to socialism is that
individuals are compensated for
based on their individual
contribution, so people that work
harder or smarter would receive more
than those that don't contribute. This
difference highlights a key flaw in the
Communist model, where no one has
any motivation to work harder or
smarter as it would have no impact
or benefit for them.
Other key differences include:
Communism views all property as
being public property and
effectively there is no personal
property or items held by
individuals. Socialism rather sees
individuals still having their
personal property but all
industrial and production capacity
would be communally owned and
managed by consensus or
government.
Socialism is at its core an
economic philosophy, whereas
Communism is economic and
political in its requirement that
government be the central owner
and decision maker in all matters.
Communism rejects any religion
and in a true Communist state
religion is effectively abolished.
As Socialism is economic only in
its focus, freedom of religion is
allowed, though some
interpretations see it as promoting
secularism in its nature (even if
religion is not effectively banned).
Communism sees the complete
abolishment of class distinctions
as everyone is effectively treated
the same. Socialism sees a
diminishment here but class
distinctions would still exist as
there is capacity for some to
achieve more wealth than others.
Communism sees the transition
from Capitalism as being a violent
revolution where the existing
system is effectively destroyed as
the workers rise up against the
middle and upper classes.
Socialism rather sees a gradual
transition from capitalism through
legal and political processes that
see everyone essentially being
treated equally at birth. People
would still have the ability to
excel and enter the equivalent of
the middle class, but their
children would have to work just
as hard as they did to achieve the
same.
Communism and Socialism in
Practice
Contrary to what many would think
there has never actually been a
purely Communist state since the
philosophy was created. The Soviet
Union, China, Vietnam, Cuba, and
North Korea are the closest
examples, although none of them
fully achieved (or have yet achieved)
a purely communist structure.
Personal property, the abolition of
money, and elimination of class
systems are all areas where
Communism wasn't achieved even in
these near examples. These
countries focused more on the
central government's dominant role
in all aspects of the economy,
politics, and decision making.
Socialism similarly has never been
fully adopted in any country since the
philosophy was created. Some
countries such as Norway, Sweden,
France, and Canada have many
socialist policies (such as free health
care and a dominant government role
in many shared services) but still
have very strong capitalist structures
and traditions in place.
Only time will tell if either of these
economic/political philosophies will
ever be realized.

27/07/2015

HOW TO INVEST IN PEOPLE.

In an investment context, one of the
primary skills of successful venture
capital investors involves the ability
to discern how to invest in people to
produce future profits. What investing
in people means to such venture
capitalists is identifying a talented
and motivated individual or team that
has the strong potential to take their
company to new heights of success.
Such people are generally inwardly
driven to pursue excellence, and that
special quality gives them a higher
chance of having a positive impact
on their firm's bottom line.
If this anticipated increase in profits
materializes, it will in turn spur
growth in the value of an initial
investment in their venture, thereby
making the venture capitalist a
handsome return on their invested
funds.
Of course, the challenge here
involves correctly identifying such
individuals at a sufficiently early
stage to make the investment
worthwhile.
A considerably more personalmethod
of how to invest in people involves
investing your funds directly in a
specific individual's future, rather
than in a company they are working
for. Such an investment is typically a
private arrangement that might often
take the form of a loan made to the
individual by the investor over a
given term with interest and principal
payments expected.
Furthermore, in recent years, some
enterprising individuals have
reportedly been soliciting substantial
upfront payments from investors in
exchange for a modest percentage of
their future income.
Such an investment proposal would
offer an investor a return more like a
stock on their investment in that
particular person.
Alternatively, from a business or
personnel manager's perspective,
how to invest in people probably
refers to the choices that the
leadership of their company makes
when it comes to furthering the
abilities and improving the job
satisfaction of its valued staff. Taken
in this context, investing in people
usually involves such things as
employee recruitment and training,
compensation, lifestyle
accommodation, workplace
enhancement and offering attractive
perks.

27/07/2015

MANAGEMENT VS LEADERSHIP.

Management and leadership skills
are often regarded as one and the
same to many businesses. While the
two inherently share many similar
characteristics, they differ in that not
all managers are leaders, but all
leaders are managers. They are
complementary qualities inexorably
linked to each other, and any attempt
to extricate one from the other is
impossible. Whereas the manager
exists to plan, organize and
coordinate, a leader serves to inspire
and motivate. Militarily speaking, a
manager is the battlefield general
while the leader is the commander-
in-chief.
Qualities of a Manager
A manager is considered a copy of
the leader, responsible for
communicating the rules and
philosophies of the company to
individual employees, and insuring
that they abide by them.
For a manager, his or her
relationships with employees are
determined by a hierarchical
management system, and rarely
through personal ones. They are
responsible for maintaining the day
to day operations of the company so
the cogs of the operation stay well-
oiled. Managers are generally more
concerned with the quarterly bottom
line, and will often base decisions
based on these calculations. Good
managers are often considered "good
soldiers" in that they rarely question
the decisions of the higher echelons
of the company, and only serve to
enforce the ex*****on of its policies.
Qualities of a Leader
In contrast, a leader focuses on
interpersonal relationships with other
important contacts in other
companies, as well as promoting
promising individuals within the
company to foster innovation.
A leader bases his or her decisions
on reports from department heads to
assess the entire company's
situation, and future strategies. A true
leader will also be willing to ignore
the company's quarterly bottom line
for several quarters - much to the
chagrin of shareholders - and make
investments for a long-range growth
perspective. A leader is considered a
"fearless innovator" in that he or she
challenges the status quo and is
unafraid to take high risks in search
of high rewards, for customers,
employees and shareholders alike.
Comparison Between Managers and
Leaders
It is said that a manager asks "how"
and "when", whereas a leader asks
"what" and why". In many
professions, managers and leaders
assume the same role. However, if a
leader of a business simply manages
a company - rather than challenge its
true potential - then it will likely fall
behind its industry peers. Likewise, if
managers overstep their bounds and
attempt to revolt against the
company, then they may soon find
themselves out of the job. In some
cases, where micromanagement is
essential to maximize efficiency,
nurture skills and keep employees
organized, strong managers are an
absolute necessity to prevent high
turnover rates and the "brain drain"
of a skilled workforce. A good leader
will also stay in the front line of
battle, and be familiar with every
aspect of the company, leading
through inspiration rather than
coercing through hierarchical control.
A perfect manager who attains the
status of a true leader will be able to
lead people effectively and draw on
the correct strengths and knowledge
of every key individual in the
company. Many managers will
struggle for their entire careers and
never attain this, but a skilled few
will evolve into true leaders.

27/07/2015

Management and leadership skills
are often regarded as one and the
same to many businesses. While the
two inherently share many similar
characteristics, they differ in that not
all managers are leaders, but all
leaders are managers. They are
complementary qualities inexorably
linked to each other, and any attempt
to extricate one from the other is
impossible. Whereas the manager
exists to plan, organize and
coordinate, a leader serves to inspire
and motivate. Militarily speaking, a
manager is the battlefield general
while the leader is the commander-
in-chief.
Qualities of a Manager
A manager is considered a copy of
the leader, responsible for
communicating the rules and
philosophies of the company to
individual employees, and insuring
that they abide by them.
For a manager, his or her
relationships with employees are
determined by a hierarchical
management system, and rarely
through personal ones. They are
responsible for maintaining the day
to day operations of the company so
the cogs of the operation stay well-
oiled. Managers are generally more
concerned with the quarterly bottom
line, and will often base decisions
based on these calculations. Good
managers are often considered "good
soldiers" in that they rarely question
the decisions of the higher echelons
of the company, and only serve to
enforce the ex*****on of its policies.
Qualities of a Leader
In contrast, a leader focuses on
interpersonal relationships with other
important contacts in other
companies, as well as promoting
promising individuals within the
company to foster innovation.
A leader bases his or her decisions
on reports from department heads to
assess the entire company's
situation, and future strategies. A true
leader will also be willing to ignore
the company's quarterly bottom line
for several quarters - much to the
chagrin of shareholders - and make
investments for a long-range growth
perspective. A leader is considered a
"fearless innovator" in that he or she
challenges the status quo and is
unafraid to take high risks in search
of high rewards, for customers,
employees and shareholders alike.
Comparison Between Managers and
Leaders
It is said that a manager asks "how"
and "when", whereas a leader asks
"what" and why". In many
professions, managers and leaders
assume the same role. However, if a
leader of a business simply manages
a company - rather than challenge its
true potential - then it will likely fall
behind its industry peers. Likewise, if
managers overstep their bounds and
attempt to revolt against the
company, then they may soon find
themselves out of the job. In some
cases, where micromanagement is
essential to maximize efficiency,
nurture skills and keep employees
organized, strong managers are an
absolute necessity to prevent high
turnover rates and the "brain drain"
of a skilled workforce. A good leader
will also stay in the front line of
battle, and be familiar with every
aspect of the company, leading
through inspiration rather than
coercing through hierarchical control.
A perfect manager who attains the
status of a true leader will be able to
lead people effectively and draw on
the correct strengths and knowledge
of every key individual in the
company. Many managers will
struggle for their entire careers and
never attain this, but a skilled few
will evolve into true leaders.