...ASSIGNMENT OUTLINE UNDERSTANDING LEADERSHIP (15 MARKS - MIN 100 WORDS) • Assess your own leadership capability and performance UNDERSTANDING HOW TO DEVELOP AND MAINTAIN EFFECTIVE WORKING RELATIONSHIPS (15 MARKS - MIN 200 WORDS) • Explain the benefits of effective working relationships in developing and maintaining the team. o Describe behaviors which could develop and maintain trust at work • Explain how a team develops and how members have a preference for particular behaviors when working with others. SOLVING PROBLEMS AND MAKIND DIFFICULT DECISIONS (20 MARKS - MIN 250 WORDS) • Identify a workplace problem facing you and examine ways to resolve it. o Describe the problem, its nature, scope and impact o Explain ways to recognize, define and analyze problems • Describe and Identify possible solutions to the problem o Gather and interpret information to identify possible solutions to the problem • Evaluate the possible solutions using a simple decision making technique o Apply a simple decision making technique to evaluate options to arrive at the best solution o State your chosen solution clearly and concisely. For the purpose of this questions, ‘problem’ may be interpreted as a deviation from the norm OR ‘a potential or anticipated problem’. The evidence you gather should be fact supported by evidence not just your opinion. UNDERSTAND HOW TO COACH A TEAM MEMBER (20...
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...Assessing your own leadership capabilities and performance Understanding leadership styles within an organization A leadership style is a way of providing direction, implementing plans and motivating people. Every company applies its own leadership styles, choosing to adopt those which best suit their particular needs. no one style of leadership fits all situations, so it's useful to understand different leadership frameworks and leadership styles and adapt your approach to fit your situation. Looking through leadership theory, we find that different books and studies opt to split leadership differently. However for this assignment we will be using the Situational leadership theory, developed by Paul Hersey and Kenneth Blanchard in the 1960’s. The model rests on two fundamental concepts; the Leadership Style and the individual or group Maturity Level. Hersey and Blanchard categorized all leadership styles into four behaviour types, which they named S1 to S4: S1.Directing This is where leaders make all of the decisions within the company, then give specific instructions to their (followers) expecting them to follow, all whilst supervising closely the work which is being carried out. S2.Coaching The Coaching style of leadership clearly defines the roles of each follower while still seeking input and suggestions from them. Final decisions are still made by the leader but communication is two way. S3.Supporting The supporting...
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...5 Diploma in Leadership and Management skills Task: Assessing your own leadership capability and performance There are so many definitions of leadership and it is difficult to establish a specific definition; The Oxford English Dictionary definition of leadership is: "The action of leading a group of people or an organization, or the ability to do this." Drucker’s summed up leadership as “The only definition of a leader is someone who has followers” whereas, John C Maxwell said “leadership is influence, nothing more, nothing less”. Warren Bennis focuses more on individual capability and defines leadership as "Leadership is a function of knowing yourself, having a vision that is well communicated, building trust among colleagues, and taking effective action to realize your own leadership potential." Compare these to allegedly one of the greatest leaders of all time where it is written that this leader had the ability to influence the behaviour of other people toward group goals in a way that fully respected their freedom. The emphasis on freedom was important to this leader who influenced many but he didn’t compel anyone to follow him, albeit he had many followers. This of course could not work in the world of business as we must in my opinion have people who can lead effectively supported by followers, because without followers there cannot be leaders. Review the prevailing leadership styles in the organisation (based upon leadership theories and...
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...Institute of Leadership & Management Unit M5.29 Assessing your own leadership capability and performance A S P M E L Unit: M5.29 Assessing your own leadership capability and performance: Assessment with Session Plan M5.29 ‘Assessing your own leadership capability and performance’ Assessment with Session Plan Session Plan: M5.29 Assessing your own leadership capability and performance Session Length: 2 half-day sessions plus guided learning in the workplace set by tutor (16 glh total) Venue: TBC Tutor Resources to include: · · · · · Flip charts and pens Assessment M5.29 Sufficiency descriptor M5.29 NHS LQF NHS Leadership Framework. Additional information about the sessions: These two half-day sessions together with guided learning set by the tutor in the learners’ own workplace are designed to cover the minimum 16 glh for the ILM unit M5.29 ‘Assessing your own leadership capability and performance’ and to enable the learner to complete to a satisfactory standard the ILM assessment for the M5.29 unit. The sessions are intended to further develop the skills and knowledge of learners working in the NHS who are existing or aspiring middle managers with some previous knowledge of leadership and motivation theory. Time for tutorials are not included in the sessions. A S P M E L Page 2 of 11 M5.29 © ILM 2012 Copied under licence Unit: M5.29 Assessing your own leadership capability and performance: Assessment with Session Plan Reflective...
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...HBR SPOTLIGHT Assets like leadership, talent, and speed are what produce superior market value. A capabilities audit can show you how you measure up-and how to build on your intangible strengths. Capitalizing on Capabilities by Dave Ulrich and Norm Smallwood they admire, people quickly point to organizations like General Electric, Starbucks, Nordstrom, or Microsoft. Ask how many layers of management these companies have, though, or how they set strategy, and you'll discover that few know or care. What people respect about the companies is not how they are structured or their specific approaches to management, but their capabilities an ability to innovate, for example, or to respond to changing customer needs. Such organizational capabilities, as we call them, are key intangible assets. You can't see or touch them, yet they can make all the difference in the world when it comes to market value. These capabilities - the collective skills, abilities, and expertise of an organization - are the outcome of investments in staffing, training, compensation, communication, and other human JUNE 2004 I F YOU ASK THEM WHICH COMPANIES resources areas. They represent the ways that people and resources are brought together to accomplish work. They form the identity and personality of the organization by defining what it is good at doing and, in the end, what it is. They are stable over time and more difficult for competitors to copy than capital market access, product strategy...
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...Capitalizing on Capabilities By Dave Ulrich and Norm Smallwood Assets like leadership, talent, and speed are what produce superior market value. A capabilities audit can show you how you measure up—and how to build on your intangible strengths. 1 [bio] Dave Ulrich, on leave from the University of Michigan, is currently mission president of the Canada Montreal Mission for the Church of Jesus Christ of Latter-day Saints; he can be reached at dou@umich.edu. Norm Smallwood is a cofounder of Results-Based Leadership; he can be reached at nsmallwood@rbl.net. Ulrich and Smallwood are coauthors of Why the Bottom Line Isn’t! How to Build Value Through People and Organization. When asked which companies they admire, people quickly point to organizations like General Electric, Starbucks, Nordstrom, or Microsoft. Ask how many layers of management these companies have, though, or how they set strategy, and you’ll discover that few know or care. What people respect about these companies is not how they are structured or their specific approaches to management, but their capabilities— an ability to innovate, for example, or to respond to changing customer needs. Such “organizational capabilities,” as we call them, are key intangible assets. You can’t see or touch them, yet they can make all the difference in the world when it comes to market value. The collective skills, abilities, and expertise of an organization, these capabilities are the outcome of investments in human resources—staffing...
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...Strategic Management-2 Case Study Synopsis Of Case:-1) Competitive Advantage in new patent regime 2) Strategic leadership and competitive advantage 1) Competitive Advantage in New Patent Regime: A Study of the Indian Pharmaceutical Industry In the global business environment, traditional factors e.g labour costs and superior access to financial recourses and raw materials can still create a competitive advantage in the current competitive landscape. In the current landscape, the recourses, capabilities and the core competencies in the firm’s internal organization likely have a stronger influence on its performance than do conditions in the external environment. The IPI is one of the largest and most advanced among the developing countries. It is the 4th largest by volume i.e. around 8 percent and 11th largest in terms of value i.e. around 1.5 percent. The Indian pharmaceutical industry is a heterogeneous mixture of firms split between the organized and unorganized sectors. The control and support of the Indian government plays a critical role in the competitiveness of the IPI. According to Sampath (2006), areas of government support critical to the IPI include speed of processing of patent applications, R&D conducive environment, and reduced price Control, access of land for expansion and the patent amendment act, 2005. The government can also help increase the potential of the nascent venture capital industry in India, with an emphasis...
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...CPA Program—professional level Global Strategy and Leadership Segment map and concepts Semester 1 2013 Authors: Delyth Samuel Published by Deakin University on behalf of CPA Australia Ltd, ABN 64 008 392 452 © CPA Australia Ltd February 2013 The contents are for general information only. They are not intended as professional advice, for that you should consult a suitable qualified professional. CPA Australia Ltd expressly disclaims all liability for any loss or damage arising from reliance upon any information in these papers. Contents Segment map Segment map 4 5 Segment concepts Module 1: An introduction to strategy and leadership Module 2: Understanding the external environment Module 3: Understanding the internal environment Module 4: Product and market development Module 5: Making strategic choices Module 6: Leading and implementing strategy 6 7 8 10 11 12 13 Segment map SEGMENT MAP AND CONCEPTS Segment map The following diagram shows how the study materials in Global Strategy and Leadership fit together in an overall concept map, with strategy and leadership concepts applying throughout. Strategy is an iterative process and this is reflected by the double-headed arrows. Module 1: An introduction to strategy and leadership Module 2: Understanding the external environment Defining the industry for analysis Past and future growth and profitability What’s needed to be successful Module 3: Understanding the internal environment...
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...Global Human Capital Trends 2014 Engaging the 21st-century workforce A report by Deloitte Consulting LLP and Bersin by Deloitte Contents Introduction | 2 | 7 Global Human Capital Trends 2014 survey: Top 10 findings Lead and develop Leaders at all levels | 25 | 35 | | 45 55 Corporate learning redefined Performance management is broken The quest for workforce capability Attract and engage Talent acquisition revisited Beyond retention | 75 | | 87 97 | 65 From diversity to inclusion The overwhelmed employee Transform and reinvent The reskilled HR team | 107 | 117 Talent analytics in practice Race to the cloud | 127 The global and local HR function Editors | 145 | 146 | | 137 Acknowledgements Global Human Capital leaders Human Capital country leaders 147 | 148 Global Human Capital Trends 2014: Engaging the 21st-century workforce Introduction Engaging the 21st-century workforce S we begin 2014, global organizations have left the recession in the rear-view mirror and are positioning themselves aggressively for growth. Sluggishness has given way to expansion. Retrenchment has been replaced by investment. The need for caution has been superseded by the need to take action. Yet as the economic recovery takes hold, businesses realize that the workforce today has changed. Skills are scarce, workers have high expectations, and Millennials are now in charge. Enter the 21st-century workforce. The 21st-century workforce is global, highly...
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...enterprise risk management, real estate, information systems, and product innovation. The company’s general organizational design for finance is to locate talent as close as possible to business activities. Finance talent is found in Whirlpool factories, sales offices, R&D functions, and regional headquarters around the world. Finance directors and VPs often have dual reporting relationships—to their business units as well as the office of the CFO. Because Whirlpool has a significant global presence, a great number of its talent base must have higher-than-average skills in U.S. GAAP, currency management, and IFRS. Aside from a strong emphasis on leadership development and finance technical competence, skills in Six Sigma, innovation, and employee engagement are highly valued Vision: Transform the finance organization’s capabilities at Whirlpool to world class status Value drivers of this function: Interdependency of people, processes & systems Trigger: Lack of attractiveness of Finance Talent towards Whirlpool due to lack of development opportunities, training & succession planning, Group CFO Roy Templin had to take up the transformation project * HR Head David Binkley provided all the support but Templin has to...
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...relationships, and learning capabilities can be measured as factors in future leadership development. The importance of business leadership is well articulated with the observation, a good leader can make a success of a weak business plan, but a poor leader can ruin even the best plan. That’s why developing effective leadership using a consistent talent management program at all levels across the organization can return significant business value. To identify, attract, fill, and retain corporate leadership talent, companies need leadership development programs focused on hiring strategies, employee development, and career and succession planning. Successful organizations need both leaders and managers, but there are fundamental differences between a manager and a leader. While leaders influence, inspire, and drive people to a common goal, the role of a manager is to keep the day to day operations of an organization running smoothly. Employee development must reflect these differences and provide development of both sets of skills. Major talent management functions all play a part in a comprehensive leadership development program, and can be well supported by a unified talent management technology platform, specifically: Recruitment to source leadership talent Assessments to evaluate leadership capabilities both internally and externally Performance Management to monitor and make course corrections in developing leaders Succession planning to avoid leadership gaps in the future ...
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...Evaluating Issues and Insights on Leadership Rapid and significant changes in the world today have greatly impacted organisational development in many ways. The accelerating pace of evolution, especially in the field of technology, creates fundamental shifts and gaps in business operations. To address this pressing issue, organisations have to move forward in tandem with the pace of change in globalisation. Organisations go through various cycles in its quest for development. Hence, organisational development has been a widely discussed topic in the business world at large. Organisational change involves a major shift in terms of its operations, strategies, long-term plans and resources. To lead a successful transformation, organisations require competent leaders to provide direction on how to move forward. Effective leadership will ensure that the task will be carried out in a systematic and organised manner so that the business operations of the company will not be negatively affected in the process. However, not all organisations have qualified leaders to lead them at the helm. Some organisations survive the journey, while others struggle and fail miserably. Business transformation needs capable leadership to steer the organisation towards success. A leader must find the best skills in order to provide directions, motivations and purposes. In this context, leadership plays a significant role in the success of organisational change and development. Leaders consistently...
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...1. INTRODUCTION As shown in the graph, the organizational capabilities can be analyzed from the following aspects: strategy, process, structure, people, and rewards. Firstly, the strategy represents for the choices and vision of the organization, which leads the organization to where it aimed to. Secondly, the Process means that, under the set strategy, the organization makes decision and plans performance. Also includes some communication between each parts of the organization. Thirdly, Structure shows the delegation of authority and the decentralization of decision making. Fourthly, people are filled into each key role, with different competences and leadership styles. And finally, rewards provide incentives to the organization by paying differentials, promotions, etc.1 Leadership, in this essay, as a practical skill, is the ability of an individual to "lead" or guide other individuals, teams, or the entire organizations.2 In the following example analysis, we will discuss the leadership in detail. 2. EXAMPLES CONSIDERING BOTH 'STABLE' AND 'CHANGING' STATE 2.1 ORGANIZATIONAL CAPABILITIES The organization capabilities in stable and changing state are similar, as they are built for a long term and cannot be changed in a short term, especially in big organizations. Take the professional service firms (law firms, consulting firms, audit firms, etc.) as an example, the professional service firm is organized differently from traditional companies. Firm is project-oriented...
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...A PAPER ON INSTITUTIONALIZING CONTINUOUS IMPROVEMENTS THROUGH USE OF ESTABLISHED PERFORMANCE EXCELLENCE FRAMEWORKS By: Author 1: Prof. Cdr. Bhushan Dewan Director, VNS Business School, Bhopal MOBILE- 08120395060 Email- bhushan.dewan1@gmail.com ABOUT AUTHOR 1: 21 years of corporate experience as Vice President, Tata Consultancy Services, President-Tanla Solutions Ltd., Sr. VP- Adani Group, Commander-Indian Navy. 17 years of academic experience as Director Naval IT Management Institute, author of 2 books on Management of Technology. Speaker at various national & international seminars; Served as Jury Member of CII Award for Human Excellence, Jury Member, QIMPRO Platinum Award for Quality. And Author 2: Prof. Arun Mishra Assistant Professor, VNS Business School, Neelbud, Bhopal Mobile: 9893686820 Email: arunjimishra@gmail.com ABOUT AUTHOR 2: Author is an MBA from FMS, Dr. Hari Singh Gour University, Sagar (M.P.). He is having total 9 years of work experience. Since 2 years he is in academics. Earlier to this he has served in various corporate in various capacities for 7 Years which include ICFAI, HDFC Bank, Wander Ltd. Wockhardt Ltd. etc. ABSTRACT Old-fashioned command-and-control companies were merely trying to manage the "white space" in their organizational charts. Today's companies must manage the white space in entire value chains. Value chain is a high-level model of how businesses receive raw materials as input, add value to the raw...
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...Organisational Capability Analysis Dr. M. Thenmozhi Professor Department of Management Studies Indian Institute of Technology Madras Chennai 600 036 E-mail: mtm@iitm.ac.in ORGANIZATIONAL APPRAISAL Internal Environment - strength & weakness in different functional areas Organization capability - Capacity & ability to use distinctive competencies to excel in a particular field - Abilty to use its µS¶ & µW¶ to exploit µO¶ & face µT¶ in its external environment Organization resources - Physical & human cost, availability - strength / weakness ORGANIZATIONAL APPRAISAL Organization behaviour Identity & character of an organization leadership, Mgt. Philosophy, values, culture, Qly of work environment, Organization climate, organization politics etc. Resource Behaviour Distinctive competence - Any advantage a company has over its competitor - it can do something which they cannot or can do better - opportunity for an organization to capitalize - low cost, Superior Quality, R&D skills etc. METHODS & TECHNIQUES USED FOR ORGANIZATIONAL APPRAISAL Comprehensive, long term Financial Analysis - Ratio Analysis, EVA, ABC Key factor rating - Rating of different factors through different questions Value chain analysis VRIO framework METHODS & TECHNIQUES USED FOR ORGANIZATIONAL APPRAISAL « BCG, GE Matrix , PIMS, McKinsey 7S Balanced Scorecard Competitive Advantage Profile Strategic Advantage profile Internal Factor Analysis Summary SWOT ANALYSIS Identify & classify...
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