leading
(noun)
the management function of determining what must be done in a situation and getting others to do it
Examples of leading in the following topics:
-
Economic Indicators
- The leading business cycle dating committee in the United States of America is the National Bureau of Economic Research (private).
- Indicators that predict the status of the economy three to twelve months into the future are called leading economic indicators.
- If such a leading indicator rises, the economy is likely to expand in the coming year.
- To predict where the economy is headed, we obviously must examine several leading indicators.
- To get an idea of what leading economic indicators are telling us about the state of the economy today, go to the "Business" section of the CNN Money website (CNNMoney.com), and click first on "Economy" and then on "Leading Indicators."
-
Leading Teams
- A team leader or team lead is someone (or in certain cases there may be multiple team leaders) who provides guidance, instruction, direction, and leadership to a group of other individuals (the team) for the purpose of achieving a key result or group of aligned results.
- The team lead reports to a project manager (overseeing several teams).
- The responsibilities of a team lead vary greatly between organizations, but usually include some responsibility for team building and ensuring teamwork.
- One cannot lead a team without knowing the purpose and goal of the team.
-
The Sales Process
- Prospecting is the step where salespeople determine leads or prospects.
- After they figure out potential customers, they must determine whether they are qualified leads: leads who are likely to buy.
- Qualified leads are those who have a need for the product, can afford the product, and are willing to be contacted by the salesperson.
-
Minimizing Risk of Miscommunication
- Lack of Trust: Competition between employees and managers leads to a lack of trust.
- In business, a miscommunication can lead to costly errors or deadly mistakes.
- Lack of trust: Competition between employees and managers leads to a lack of trust.
-
E-Mail as an Entry Point
- Convenient availability of mailing lists and use of "copy all" can lead to people receiving unwanted or irrelevant information of no use to them.
- Phishing also leads to problems when using email as an entry point.
- Because of the presence of phishing, sales leads may overlook a legitimate email from a sales associate .
-
Inventory Management
- Inventory management addresses a number of concerns, including: replenishment lead time; carrying costs of inventory; asset management; inventory forecasting; inventory valuation; inventory visibility; future inventory price forecasting; physical inventory; available physical space for inventory; quality management; replenishment; returns and defective goods; and demand forecasting.
- Time: The time lag in the supply chain from supplier to user requires the availability of a certain amount of inventory for use during this lead time.
- In practice, inventory is maintained for consumption during variations in lead time, and lead time itself can be addressed by ordering a specified number of days in advance.
-
Corporate Policies
- It is hoped that having such a policy will lead to greater ethical awareness, consistency in application, and the avoidance of ethical disasters.
- Many companies are assessing the environmental factors that can lead employees to engage in unethical conduct.
- Examine how corporate policies may lead to greater ethical awareness, consistency in application, and the avoidance of ethical disasters in an organization
-
The bottom line
- Simply put, short-term duplicity designed to fool customers and the public can lead to long-term pain.
-
Why employees fear change
- This can lead to employees wanting excessive details and other procrastination techniques (i.e. paralysis by analysis).
- Rushing through the change process can lead to disruption, sabotage, foot-dragging and/or poor performance.
-
Combining internal and external equity
- You can also enact a policy of "leading" the market by raising the line, and the policy of "lagging" the market by lowering the line.
- By following each of these steps, a company will have a fair base pay system, which will lead to attracting and retaining the best employees.