Updated on: 01/12/2023 Managers are vital to the running of any business; they shape and influence business through their leadership and managerial performance. In this unit, you will examine how businesses adapt their approaches to management in response to challenges in the internal and external business environment. You will gain an understanding of how the implementation of different leadership styles and theories can impact on the workplace. Depending on their roles and responsibilities, managers need to develop skill sets that enable them to work effectively in areas such as the management and motivation of people, financial resources, quality management, and the management of change. You will investigate some of the issues that managers and leaders have to deal with in the workplace in making businesses more efficient and ensuring their survival and growth. This unit will help you to progress to employment by considering a career working in supervision and management, and/or to vocational training. Additionally, you might move on to related higher education having developed a knowledge and understanding of management.