Imagine that your team is a group of experts in the principles of business management. You have been invited to present at a conference held for top executives at Fortune 500 companies. Your assigned topic is "Leveraging Management Skills to Maximize Business Success."
Create a 1000 to 1100 word paper in which you address the following key points:
• Provide an overview of why business management theory and principles are important.
• Explain the differences between management and leadership.
• Describe how leaders and managers at different levels of the organization apply the four functions of management to achieve results.
• Review the steps in the planning process and why each is important.
• Discuss the impact of organizational structure on organizational performance.
• Explain how managers can set effective expectations for their employees to increase organizational performance.