Relationship between strategic management and leadership
The impact of management and leadership styles on strategic decisions. Creating a leadership strategy that supports organizational direction. Appropriate methods to review current leadership requirements. Plan for the development of future situations.
| Рубрика | Менеджмент и трудовые отношения |
| Вид | курсовая работа |
| Язык | английский |
| Дата добавления | 20.05.2015 |
| Размер файла | 36,2 K |
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Classroom education such as games, imitations and role modelling that can allow leaders to improve their knowledge. Finally, outdoor challenges which improves physical and metal leadership development. All these methods and approaches are necessary to develop a great leader.
Full range leadership development strives to grow transformational leadership in organizations at all levels, including followers, thereby generating numerous positive outcomes at all levels. Organizations that support and develop transformational leadership across organizational levels are more productive and profitable, attract and retain high quality associates, promote creativity and innovation, garner trust and commitment from employees, and are strategically positioned to respond well to changes in the market.
Summary
Every organization makes efficient business level and corporate strategies to gain a sustainable competitive advantage in the marketplace relative to competition.
The leadership plays the most dominant role in devising strategies for corporation to sustain a competitive advantage. Leadership develops organizational philosophy and organizational philosophy gives rise to vision and mission for the organization.
The strategic objectives of an organization are set on the basis of its visions and missions.
Professionally, understanding of organizational philosophy, aligns the personal goals of an individual with organizational goals and the person realizes that, to be successful, he must reach organizational strategic goals for reaching his own personal goals because an incentive or compensation and motivation is added with this understanding of organizational philosophy. Therefore, motivation viz career development, personal goals and compensation viz rewards, promotions provide means for both kinds of goals or objective accomplishment
Some leaders and managers are not believed in scenarios they believe in forecast and judgment. Some time they know about that they fail to spot relevant change in organization. Furthermore when we talk about Globalization effect of leadership, Maxwell J. (2004) states that it must have some quality like courage, understand different culture, good work ethics, socialism
Conclusion
Strategic management and Leadership are about set a new direction for a group of people on other hand when we discuss about management it is about directing and controlling according to established principles. Moreover there are many theories we discussed for example participative theory, path goal theory and transactional theory each and every theory is very useful in leadership role if I want to become a good leader I should use all these theories, styles and model on right way and right time. Recently business environment is dynamic I need to be a change with it with different thing, target different market work with competitors. As a leader of big organisation I don't need to communicate with my employees but actually I need to connect with them. Finally I have mentioned the methods of full range of leadership development which is also very useful in this assignment of leadership. Leadership is one of those things that's often awfully hard to define but we know when we see it we definitely know when it's missing. Shannon claim that indeed leadership is one of those area about which a huge amount is said while at the same time leaving big questions hanging in the air unanswered. But in this report as a leader of my organization I push our leadership development and training programmers to gain rigorous personal insight into what makes them tick and then, with that understanding of themselves, to stretch the boundaries. When I want to really expand my business of Sainsbury's then it is necessary to understand good leadership behavior, it is also important to learn the difference between leadership and management, gaining insight into my patterns, beliefs and rules is also important in development of leadership.
As we have already discussed that every organization makes efficient business level and corporate strategies to gain a sustainable competitive advantage in the marketplace relative to competition. The leadership plays the most dominant role in devising strategies for corporation to sustain a competitive advantage. Leadership develops organizational philosophy and organizational philosophy gives rise to vision and mission for the organization. The strategic objectives of an organization are set on the basis of its visions and missions.
Professionally, understanding of organizational philosophy, aligns the personal goals of an individual with organizational goals and the person realizes that, to be successful, he must reach organizational strategic goals for reaching his own personal goals because an incentive or compensation and motivation is added with this understanding of organizational philosophy. Therefore, motivation viz career development, personal goals and compensation viz rewards, promotions provide means for both kinds of goals or objective accomplishment. Much like leading by example, you always want to keep operations above board. Don't conduct any business in secret or that you wouldn't want the media to cover.
Glossary
|
Word |
Transcription |
Definition |
Translation |
||
|
1 |
annual |
anuale |
A standard 12-month period, or one year, used for reporting economic and financial data. |
Годовой, ежегодный |
|
|
2 |
allocation |
al??kвSH?n |
he process of distributing resources for the production of goods and services, and of distributing goods and services for consumption by households. |
распределение |
|
|
3 |
arbitrage |
?дrbi?trдZH |
Buying something in one market then immediately (or as soon as possible) selling it in another market for (hopefully) a higher price. |
арбитраж |
|
|
4 |
Adhocracy |
ad?hдkr?sз |
a flexible, adaptable, and informal organizational structure without bureaucratic policies or procedures. |
адхократия |
|
|
5 |
Alignment |
??lоnm?nt |
a position of agreement or alliance. |
регулировка, совпадение |
|
|
6 |
Allocation |
?al??kвSH?n |
the action or process of allocating or distributing something. |
распределение |
|
|
7 |
Appeal |
??pзl |
a serious or urgent request, typically one made to the public. |
обращение, привлекательность |
|
|
8 |
boycott |
?boi?kдt |
An organized effort to reduce the sales of a particular good that's intended to punished the producer or seller. |
бойкот |
|
|
9 |
Blob |
blдb |
a drop of a thick liquid or other viscous substance. |
капля |
|
|
10 |
capital |
?kapitl |
One of the four basic categories of resources, or factors of production. |
капитал |
|
|
11 |
conciliation |
k?n?silз?вSH?n |
Intervention by an impartial third party to settle disputes between two others, which is also commonly termed mediation. |
согласование |
|
|
12 |
Clear-cut |
kli(?)r-k?t |
sharply defined; easy to perceive or understand. |
четкий |
|
|
13 |
Contingency |
k?n?tinj?nsз |
a future event or circumstance that is possible but cannot be predicted with certainty. |
непредведенное обстоятельство, случайность |
|
|
14 |
Cordial |
?kфrj?l |
warm and friendly. |
искренний, радушный |
|
|
15 |
depreciation |
di?prзSHз?вSH?n |
more or less permanent decrease in value or price. "More or less permanent" doesn't include temporary, short-term drops in price that are common in many markets. |
амортизация |
|
|
16 |
Demotion |
di?mфSH?n |
reduction in rank or status. |
понижение в должности |
|
|
17 |
depression |
di?preSH?n |
An extended period--a decade or so--of restructuring and institutional change in an economy that's often marked by declining or stagnant growth. |
снижение, депрессия |
|
|
18 |
Detrimental |
?detr??mentl |
tending to cause harm. |
убыточный, вредный |
|
|
19 |
Devotion |
di?vфSH?n |
love, loyalty, or enthusiasm for a person, activity, or cause. |
преданность, увлечение |
|
|
20 |
Dismissal |
dis?mis?l |
the act of ordering or allowing someone to leave. |
увольнение, освобождение |
|
|
21 |
efficient |
i?fiSH?nt |
The state of resource allocation the exists when the highest level of consumer satisfaction is achieved from the available resources. |
эффективный |
|
|
22 |
enterprise |
?ent?r?prоz |
An organization that combines scarce resources for the production and supply of goods and services. |
предприятие |
|
|
23 |
Encircle |
en?s?rk?l |
form a circle around; surround. |
окружать, охватывать |
|
|
24 |
Endurance |
en?d(y)o?or?ns |
the fact or power of enduring an unpleasant or difficult process or situation without giving way. |
прочность, долговечность, стойкость |
|
|
25 |
Engage |
en?gвj |
participate or become involved in. |
заниматься, учавствовать |
|
|
26 |
Enlighten |
en?lоtn |
give (someone) greater knowledge and understanding about a subject or situation. |
проливать свет, просвещать |
|
|
27 |
indirect |
?ind??rekt |
The mathematical notion that two variables change in the opposite directions, that is, an increase in X goes with a decrease in Y, or a decrease in X goes with an increase in Y. |
косвенный |
|
|
28 |
Incentive |
in?sentiv |
a thing that motivates or encourages one to do something. |
стимул, побуждение |
|
|
29 |
Interdependent |
?int?rdi?pend?nt |
(of two or more people or things) dependent on each other. |
взаимозависимый |
|
|
30 |
Intervention |
?int?r?venCH?n |
the action or process of intervening. |
вмешательство |
|
|
31 |
liability |
?lо??bil?tз |
Something that you owe. The biggest liabilities for most consumers are loans, including mortgages, car loans, credit-card balances, and installment accounts at stores. |
вминяемость,ответственность |
|
|
32 |
Lag |
lag |
fall behind in movement, progress, or development; not keep pace with another or others. |
задержка, отставание |
|
|
33 |
maturity |
m??CHo?oritз |
That date at which the principal on a bond or similar financial asset needs to be repaid. |
зрелость |
|
|
34 |
Merit |
?merit |
the quality of being particularly good or worthy, especially so as to deserve praise or reward. |
заслуга, достоинство |
|
|
35 |
nominal |
?nдmin?l |
?nдmin?l |
номинальный |
|
|
36 |
Nutshell |
?n?t?SHel |
the hard woody covering around the kernel of a nut. |
скорлупа |
|
|
37 |
output |
?out?po?ot |
A generic term for a tangible good or an intangible service that is the end result of the production/resource transformation process. |
мощность |
|
|
38 |
patent |
patent |
The guaranteed ownership and control of an invention, innovation, or production technique by government for a period of time |
патент |
|
|
39 |
Plunge |
pl?nj |
jump or dive quickly and energetically. |
погружаться, нырять |
|
|
40 |
Prejudice |
?prej?d?s |
preconceived opinion that is not based on reason or actual experience. |
предубеждение, ущерб |
|
|
41 |
Rigid |
?rijid |
not able to be changed or adapted. |
негибкий, строгий |
|
|
42 |
Scope |
skфp |
the extent of the area or subject matter that something deals with or to which it is relevant. |
масштаб, объем |
|
|
43 |
Sturdy |
?st?rdз |
strongly and solidly built. |
крепкий, сильный |
|
|
44 |
Subordinate |
s?b?фrdnit |
a person under the authority or control of another within an organization. |
подчиненный |
|
|
45 |
Substantial |
s?b?stanCH?l |
of considerable importance, size, or worth. |
существенный, значительный |
|
|
46 |
Trait |
trвt |
a distinguishing quality or characteristic, typically one belonging to a person. |
особенность, характерная черта |
|
|
47 |
Turbulence |
`t?rby?l?ns |
violent or unsteady movement |
волнение, бурность |
|
|
48 |
Versatile |
?v?rs?tl |
able to adapt or be adapted to many different functions or activities. |
разносторонний, изменчивый |
|
|
49 |
Volatile |
?vдl?tl |
liable to change rapidly and unpredictably, especially for the worse. |
ветреный, неуловимый, непостоянный |
|
|
50 |
Yield |
yзld |
produce or provide |
давать, производить |
References
1. Ideasthoughts.erruppackal.com (2009) Hennes and Mauritz (H&M), An HRM case study
2. Ebusinesswatch.com(2004) Hennes and Mauritz case study
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