...|[pic] |MAN 385: Leadership Development | | |Fall 2011, #04693 | Professor Deidra Stephens, Ph.D. Office CBA 5.133 Phone 232-3780 E-Mail deidra.stephens@mccombs.utexas.edu Course Web Page via Blackboard Class Date/Time/Location Tuesdays, 3:30-6:30 p.m., GSB 5.154 Office Hours By Appointment Course Description & Objectives The Texas MBA program is designed to develop influential business leaders. The MBA Program has identified four fundamental and broad pillars of leadership: knowledge and understanding, communication and collaboration, responsibility and integrity, and a worldview of business and society. This class is designed to help students develop a deeper understanding of their leadership capabilities in the context of business. During the first year of their Texas MBA program, students engage in co-curricular programs, services, and leadership roles that are designed primarily to develop their skills. These activities are meant to introduce students to a wide variety of topics, help them hone in on their own strengths and weaknesses, and provide them with a foundation from which they can further their leadership development into their second year. The task during the...
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...born, they are made. There are many personal and professional qualities that come together to create a leader with great skills. While a person may not be naturally endowed with all of the leadership skills needed to be a great leader, they can be learned. A starting point to evaluate one’s leadership skill level is to take a personal inventory of your current leadership skills. Based upon the information provided from your inventory, you can identify areas where additional learning is needed. The mark of any good leader is having the ability to acknowledge that they do not know everything and that they have room to grow and improve. My personal inventory of leadership skills and competencies, obtained through the completion of a leadership skills quiz, resulted in a score of 76 out of 90. The results of the quiz were broken down into three major leadership components. They were personal characteristics, emotional...
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...In business, a mission statement defines what an organization is, why it exists and the reason for being. What are the benefits of having a highly defined mission statement? Explain why it is important for a company to define its values explicitly. Mission statements, a formal summary of the vision, objectives and values of a company, have become increasingly popular around the world. With the correct formulation and implementation, a mission statement can create clear vision of a company's main objectives. This can facilitate strategic direction of how a company moves from its present situation to its desired position. (Mirvis, Googins & Kinnicutt, 2010) Effective mission statements also have the ability to engage employees, and evoke an emotional response. With the right leaders, this response can be used as a tool to guide the behaviour of employees. (Campbell, 1997) "Vision without action is a daydream. Action without vision is a nightmare", as this Japanese proverb suggests, mission statements can only be seen as a beneficial tool if the actions of a business complement its vision. Whilst mission statements are prominent in the corporate world, there is much debate about the process involved, and what one is to entail specifically. Collis and Rukstad (2008)(as cited in Khalifa, 2011) define the mission statement as "the underlying motivation for being in business in the first place." Based on this definition, the purpose of a mission statement is to identify the...
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...industry has grown considerable since the conception of Henry Fords’ dream. Never the less, in a global and universal market, the core principle of what Ford Motor Company was founded remains the same. Ford Motors’ commitment to the company’s mission statement, vision, ethics, and values is what solidifies Ford’s position as a top contender in the automotive industry. Mission and Vision Ford’s transformation Ford’s commitment to mission statement is timeless. Henry Ford had a mission to produce a quality automobile in the 20th century. Ford Motor Company (FMC) continues to solidify the company’s top ranking in the worlds’ automotive market. As a leader in the automotive market Ford continues to reinvent the company’s style of leadership. Several approaches to leadership have lead to a successful rejuvenation of Ford Motors. According to text Ford Motors embraces the transformational style of leadership. FMC know the benefit of keeping the proverbial hand on the pulse of the consumer272. A company is only as good as the product the companies supply and the demand for the product. The conceptual vision of the company was to provide a quality car that an individual would want to purchase. FMC is ever changing and transforming, but the core mission remains the same. Although, the vision of Ford Motors has not strayed from the original desire of the founder Henry Ford in 1903, the vision continues to evolve (Bateman, 2009). A commitment and wiliness to stay focus on the vision of a company...
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...transformational leadership help to shape the vision mission and objectives of a changing organization? The name transformational leadership is sometimes meant to denote the transformation of team members from a focus on individual goals to a commitment to the goals of the organization. A transformational leadership is one that does have the objective, mission and vision of the organization in mind. A transformational leader is effective because she/he is visibly undergoing his/her own transformation. Leadership as this take full responsibility for their self. They recognize they are imperfect and will make mistakes-this person can forgive him/herself and is free from any burden of guilt or shame. Transformational Leader accepts the humanity of others, that even when people try their hardest they will also make mistakes. This leadership has no interest in blaming or personal judgment. Transformational Leadership provides such positive examples they do not have to look for followers or persuade others, followers find them because they can learn from them. When you have a transformational leadership setting then the organization objective, vision and mission is the starting point of managerial actions. Mission statement defines the organization’s purpose and primary objectives. Mission statement, vision and objectives are the starting points of an organization strategic planning and goal setting process. The strategic plan goals are what a transformational leadership should...
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...Running head: Personal Mission Personal Mission in Leadership Abstract This paper describes leadership styles and qualities that leaders possess. The four categories of leadership are outlined to express the characteristics of leadership and leaders. My leadership style is outlined, and the leadership techniques I believe are important are expressed. Included in this paper is my personal mission statement. My personal mission statement gives me guidelines in which to lead my life both at work and at home. My methods of leadership and employee training, for my Subway franchise, are used to express my techniques in leadership. Employee motivation, empowerment, and communication are discussed because I believe these are important aspects to being a good leader. Personal Mission in Leadership Leadership is one’s ability to influence others. “Leadership is the use of noncoercive influence to direct and coordinate the activities of a group toward accomplishing a goal” (Riley, 1994). Leadership is used both in the workplace and in everyday life. The power of leadership can be formal or informal. Leadership can be a formal position that gives one the power to make leadership decisions. The power of leadership also can arise from trust and a relationship built between two people. Power that comes from a relationship...
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...Answer all 4 questions in 700 – 800 words:1. Selectively contrast and describe the effects of strategic leadership on each organization. Analyze the levels of strategic thinking applied by senior leadership members. 2. Analyze types of strategy that the local organization used and their degree of success or failure (examples might include how local values of stakeholders can be capitalized, or if growth strategies were from acquisitions or mergers etc) Contrast with the MNC 3. Analyze the effects or otherwise of Vision and Mission statements and how they are aligned to strategy implementation. 4. Contrast product or service differentiation and their effects on competitiveness and growth. Give examples. 1 Sylvia Bwalya Mutale-Mwansa Assignment Two TABLE OF CONTENTS ASSIGNMENT TWO ................................................................................................................................. 1 Answer all 4 questions in 700 – 800 words:- ............................................................................................... 1 EXECUTIVE SUMMARY .......................................................................................................................... 3 INTRODUCTION ........................................................................................................................................ 4 1. 2. 3. 4. Strategic Leadership and Strategic Thinking of Zambeef and More Beef. ....................................... 5 Types of strategy...
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...Contents Before you begin vii Topic 1: Communicate organisational mission and goals 1 1A Clarify objectives, values and standards 2 1B Establish linkages between organisational objectives, values, standards and responsibilities 10 1C Ensure appropriate media and language are used 12 1D State clear expectations and address them in a way that builds commitment 16 1E Investigate incidents promptly and communicate results 21 Summary26 Learning checkpoint 1: Communicate organisational mission and goals 27 Topic 2: Influence groups and individuals 31 2A Build others’ trust, confidence and respect 32 2B Embrace, resource and effectively implement improvements to workplace culture 43 2C Demonstrate understanding of the global environment and new technology 47 2D Ensure actions convey flexibility and adaptability to change and accessibility 51 2E Ensure collaborative and effective decision-making 57 2F Ensure the organisation is positively represented 62 Summary64 Learning checkpoint 2: Influence groups and individuals 65 Topic 3: Build and support teams 69 3A 3B 3C 3D 3E Assign accountabilities and responsibilities to teams 70 Ensure teams are resourced to allow them to achieve their objectives 75 Empower teams and individuals through effective delegation and support 78 Create and maintain a positive work environment 83 Encourage teams and individuals to develop...
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...Organizational Commitment and Communication COM 530 July 21, 2014 Edward Wirth Organizational Commitment and Communication Leadership, power, motivation, and commitment all have strong impacts on the growth and development of organizations. The way in which these elements are communicated plays a major role in the success of an organization (Robbins & Judge, 2011). Using Starbucks as an example, its success will be analyzed by way of the affect that leadership, power, motivation, and commitment have. Effect of Leadership Styles on Group Communication Leaders have two roles in business: vision and implementation. As the visionary, leaders define the direction. They communicate the mission, values and beliefs the organization aspires to for its people. Once people understand the direction in which the company is going, a leader must also take on the task of implementation. Different leadership styles will affect group communication in different ways. The most common leadership styles today include charismatic, transformational, transactional, and authentic. Charismatic leaders have a vision and can articulate its importance to others, are willing to take on high personal risk, are sensitive to the needs of others, and behave unconventionally. Transformational leaders have an idealized influence, offer inspirational motivation, provide intellectual stimulation, and give individualized consideration. Transactional leaders reward for effort, actively or passively manage...
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...Strategic Plan, Part I: Conceptualizing a Business A business that I would like to begin is offering online Personal Training and nutrition plans to people. * What is the mission statement of your organization? How does it demonstrate your decision on what you want your business to become in the future? Why is the mission statement important? KRK Training is committed to developing personalized fitness program that will motivate, support, and get each individual to their desired fitness goals by using safe and effective training techniques, for guaranteed results. My mission statement indicates that I want my business to touch and change people’s lives because I care, which will keep customers training for longer periods of time. The mission statement creates the foundation and is a reminder of the company’s overall purpose: To change people’s lives for the better. * What is the vision of your organization, and why is it important? “Fitness is a journey, not a destination…..” The vision I have communicates the purpose and value of my company and gives employees direction and inspiration to give their best. * What is the strategic direction of your organization? The strategic direction of my company will involve taking a realistic look at strengths, weaknesses, opportunities, and threats. Understanding the strategic drivers will put my objectives into action, and establishing long-term decisions that involve people and resources and how they interact. The...
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...Explain how different leadership styles would affect group communication in your chosen organization. Southwest Airlines was the perfect choice to research because this company is not as affected by economic downturns as other companies seem to experience. The founders of Southwest Airlines Rollin King and Herb Kelleher had a clear vision of what their organization should be and is reflected in the company mission. “The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit.” ("The Mission Of Southwest Airlines", n.d.). In order to accomplish their vision, both King and Kelleher adopted a charismatic leadership style. To their credit after 40 years Southwest Airlines has made a mark in the industry and is still going strong. The leadership style within this company is to maintain an open line of communication from the bottom up. This is a major change from the status quo of communication from the top down. In order for Southwest Airlines to be successful, King and Kelleher had all the key characteristics of charismatic leadership. They were both able to articulate their vision and express the importance that their vision would have for the future of the company. King and Kelleher took great risks and experience personal sacrifice in order to achieve their vision for a great company. In order to reach their goals, King and Kelleher felt a great sensitivity...
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...Disney Resort in Florida. The five functions of management can be seen throughout the Florida resort. From carrying out the plans and mission statement, organizing the plans and objectives, successful staffing of employees, leading each department area for success and controlling, the resort has had great success. Even if one area of this process of functions falters, it could mean the end of the company. The planning process begins with establishing a goal. The main goal of the company can be seen within the company’s mission statement. The mission statement will explain why the company exists and what the main objects are for the business. The mission statement of the Walt Disney Company is, “The Walt Disney Company's objective is to be one of the world's leading producers and providers of entertainment and information, using its portfolio of brands to differentiate its content, services and consumer products. The company's primary financial goals are to maximize earnings and cash flow, and to allocate capital toward growth initiatives that will drive long-term shareholder value.” (Strategic Management Insight, 2012). Beyond the mission statement is the strategic vision which gives a picture of where the company is heading and what it hopes to accomplish. The Disney Company’s vision is simply “To make people happy”. This is a broad statement but one that...
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...Helping Hands Helping Hands is an organization dedicated to improving the lives of individuals residing in Fremont County, Colorado. Our mission statement is the foundation of our organization. It clearly defines us as an organization, while allowing our staff, clients, and the community to clearly understand our goals. Our values statement allows everyone to know what we hold true to our hearts, the preservation of families and improving the lives of those living in Fremont County. Our Code of Ethics is made specifically for our organization and is there to keep our employees ethical. Helping hands follows a transformational leadership approach; we believe strongly that both the community and the employees benefit the most from this approach. We also have structures in place to maintain and measure our ethical XXXstandardsXXXXXXXXXXXXXXXXXXXXXXXXXX Helping Hands is a not for profit organization designed around helping and educating young parents. This organization helps to educate and bring together young parents. Helping Hands strive to help not only teenage mothers but also the fathers. We strive to give them a variety of resources such as resources to affordable childcare, resources for rehabilitation if necessary and on-site childcare for parents to receive our counseling services and parenting classes. Helping Hands is also the leading organization in the county to provide diapers to the whole community, no matter the family’s income. Helping Hands located in Canon...
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...expectations, as well as inform the employees of what the disciplinary actions are if they are not abiding by the conduct of conduct, which is important because all business should provide the employees with the ethical standards and disciplinary actions that are used when not abiding by the code of ethics (Sheahan, 1999-2013). Employees would not know what they are expected to do or how they are expected to act, if they were not provided with the guidelines of the code of ethics. A personal mission statement is a statement that tells others who you are and the way you live your life. It gives an individual a sense of purpose and clarity. Personal code conduct consists of guidelines and rules that you establish for yourself, which will guide you in making the right decisions and to help you have a positive behavior. A professional code of conduct consists of rules, regulations, and guidelines that are provided in a business to ensure that employees are ethical and acting in an ethical manner. Personal Mission Statement I feel that the world is what you make of it and it I want to be something I have to work hard to get where I need or want to be in life. I am committed to being the best that I can be for myself and my family. To make my vision reality, I will take on all that life brings be and do whatever I...
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...Contrast Vision and Mission Statement” INTRODUCTION: “If you fail to plan you plan to fail” this magnificence statement reflects how is important to have a plan whether for your life or your entrepreneurship. Also, if you do not know what you want to get is, you won’t achieve any things; simply in other meaning, properly you will not achieve success by coincidence. Therefore, you have to determine what you want before creating your plan, which will lead us to talk about the mission and vision in order to achieve our goals. Vision Statements and Mission Statements are the inspiring words chosen by successful leaders to clearly and concisely convey the direction of the organization. By crafting a clear mission statement and vision statement, you can powerfully communicate your intentions and motivate your team or organization to realize an attractive and inspiring common vision of the future. Over the last few years, there has been a substantial body of business research leading to the inescapable conclusion that those companies that specifically state where they are going and why do remarkably better than those who do not. Accordingly, organizations that do not take the time to develop missions are often ineffective. This paper describes the nature and importance of organizational vision and mission statements. Guidelines are presented for preparing vision statement and mission statements, with comparing and contrasting between vision and mission statements, supported by...
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