...An Oracle White Paper June 2012 Seven Steps for Effective Leadership Development Seven Steps for Effective Leadership Development Introduction ....................................................................................... 1 Leadership Challenges in Business ................................................... 3 Elements of Leadership Development Programs ............................... 5 1. Determine the Best Leadership Style for Your Organization ...... 7 2. Identify Current and Potential Leaders Within the Company ...... 7 3. Identify Leadership Gaps ......................................................... 11 4. Develop Succession Plans for Critical Roles ........................... 12 5. Develop Career Planning Goals for Potential Leaders ............. 14 6. Develop a Skills Roadmap for Future Leaders ......................... 15 7. Develop Retention Programs for Current and Future Leaders . 18 Conclusion ...................................................................................... 19 Seven Steps for Effective Leadership Development Introduction The importance of business leadership is well articulated by this 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 by 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...
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...Four Functions of Management Sharon Bubak University of Phoenix MGT/330 July 10, 2012 Tony Balchunas According to Dr. Pikay Richardson, cultural diversity is the existence in a community or organization of people from different backgrounds, of race or ethnicity, or different genders, with different beliefs and values, with different expectations and are at different stages in life (Richardson, 2005). There are four main functions of management which are planning, organizing, leading, and controlling. In order to do any type of project, management needs to go through the steps of planning, than organizing, leading, and follow through by controlling the project. There are seven steps owners can take to have a more effective diverse management strategy. The steps are: define your terms, be realistic, build in metrics, assemble your resources, set a system, educate, and demonstrate CEO support (Kampf, 2011). Since diversity no longer just includes employment equity or affirmative action, it is important to for everyone involved to be aware of what management means by diversity. Respectively there is no one-size-fits-all solution; diversity needs to be defined for each company. Definitions include work styles, languages spoken, or physical and mental capabilities to name a few. Goal setting needs to be kept a realistic, since every company grows at different rates. Metrics are put into place so that the process of diverse management can be measured in specific, quantifiable...
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...developed from research and theory, by behavioral scientist and from the experiences and observations of practicing managers. OD values tend to be humanistic, optimistic and democratic. (d) The knowledge base of OD is extensive and is constantly being upgraded. The most important concept on which OD is constructed is as follows: i) Model & theories of planned change : Organization development is directed at bringing about planned change to increase an organization's effectiveness, generally initiated and implemented by managers, often with the help of an OD practitioner either from inside or outside of the organization. Organizations can use planned change to solve problems, to learn from experience, to reframe shared perceptions, to adapt to external environmental changes, to improve performance, and to influence future changes. The theories describe the different stages through which planned change may be effected in organizations and explain the process of applying OD methods to help organization members manage change. (ii) System theory: The organization is an open system, which interacts with the environment and is continually adapting and improving. The organization influences and is influenced by the environment in which it operates. If an organization is to be effective it must pay attention to the external environment, and take steps to adjust itself...
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...The Management Planning Process An effective management planning process includes evaluating long-term corporate objectives. Management planning is the process of accessing an organization’s goals and creating a realistic, detailed plan of action for meeting those goals. It is kind of like writing a business plan, a management plan takes into consideration short and long term corporate strategies. Some basic steps in the management planning process involves creating a road map that outlines each task the company must accomplish to meet its overall objectives. There are seven very important management planning process steps I am going to talk a little bit in depth about. The first step in the management planning process is establishing goals. In planning you have to identify specific company goals. The part of the planning process should include a detail overview of each goal, including the reason for its selection and the anticipated outcomes of goal related projects. Anywhere there are possible objectives should be described in quantitative or qualitative terms. For example, a goal is to raise profits by ten percent over a four month period. Establishing goals is a good way to help any organization see their hard pay off. The second step is to identify organizational resources that will be beneficial to them for help and advice. Each goal should have financial and human resources projection associated with its completion. For example, a management plan may identify how many...
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...Seven Steps to a Successful Business Plan This Page Intentionally Left Blank Seven Steps to a Successful Business Plan Al Coke American Management Association New York • Atlanta • Brussels • Buenos Aires • Chicago • London • Mexico City San Francisco • Shanghai • Tokyo • Toronto • Washington, D.C. Special discounts on bulk quantities of AMACOM books are available to corporations, professional associations, and other organizations. For details, contact Special Sales Department, AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019. Tel.: 212-903-8316. Fax: 212-903-8083. Web site: www. amacombooks.org This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. Library of Congress Cataloging-in-Publication Data Coke, Al. Seven steps to a successful business plan / Al Coke. p. cm. Includes bibliographical references and index. ISBN 0-8144-0648-3 1. Business planning. 2. Strategic planning. 3. Success in business. I. Title. HD30.28 .C6422 2001 658.4'012—dc21 2001033579 ©2002 Alfred M. Coke All rights reserved. Printed in the United States of America. This publication may not be reproduced, stored in a retrieval system...
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...PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”. Course: Management Theory and Practice (8506) Semester: Autumn, 2011 Level: MBA/M.Com Total Marks: 100 Pass Marks: 50 ASSIGNMENT No. 1 (Units: 1–5) Note: Attempt and questions. Q. 1 a) Define manager and differentiate between general manager and functional manager. Also discuss the different levels of managers with suitable examples. (12) b) Discuss the contribution of Henry Fayol in the field of Management. (08) Q. 2 What is meant by rational decision making? Explain the steps of rational decision making with a suitable example. (20) Q. 3 a) Define Management By Objective (MBO). Differentiate between Strategic planning, Tactical planning and Operational planning. (2+10) b) Explain the following planning tools: i) Forecasting ii) Benchmarking iii) Scheduling iv) Budgeting (2+2+2+2) Q. 4 a) Define the term “Delegation”. Also describe the seven steps to effective delegation. (3+7) b) Explain the following concepts: i) Centralization ii) Decentralization iii) Authority iv) Span of control v) Span of Control (2+2+2+2+2) Q. 5 a) Define Leadership. Differentiate between Leader and Manager. (2+8) b) Discuss the following approaches to leadership in detail: i) Bass’s theory of transformational leadership ii) Contingency approach to leadership (5+5) Guidelines FOR ASSIGNMENT # 1 The student should look upon the assignments as...
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...Recommendations 31 References 33 Abstract The purpose of this paper is to review current information on the reasons and circumstances why change management projects have a 70% failure rate. Since change management projects are perceived, planned, approved, communicated, and implemented within organizations at an alarming rate, it is important to reveal individual and group interests behind the ideologies of change management. This research provides insight into the characteristics of management, management’s approach to effective communication, the politics, power, and ideologies of change management implementation, the behavior of organizations, management, the workforce, and the unintended consequences. Organizations are under constant pressure from stockholders to meet their demands and maintain the organization’s competitiveness in increasingly complex environments. Because of these demands, leaders are continually perceiving and planning new strategic visions that will satisfy stockholders needs and bring value to its...
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...Slide 2 Performance appraisal Effective performance reviews produce outcomes that benefit the staff and the organizations. According to Schneir (1982) performance appraisal includes the identification, measurement, and management of human performance in organizations. Performance appraisal is a set of procedures. Is a process that needs to be tailored to the operations of a business. A performance appraisal is good for employees’ growth which in turn contributes to the company’s success. Slide 3 The main purpose of performance appraisals is to help an employee improve their job performance. During the performance appraisal it is time to look objectively at how an employee is meeting the job’s expectations. Providing feedback to the employee of how well they are doing is the easiest part of performance appraisal. Letting the employee know that they are doing a great job is positive reinforcement which result in the employee continuing to perform at its best. In the contrary, informing an employee that he is not performing as expected is difficult, but necessary. According to Schneir (1982) appraisal should be more than a past-oriented activity that criticizes or praises workers for their performance in the preceding year. Rather, appraisal must take a future-oriented view of what workers can do to achieve their potential in the organization. This means that managers must provide workers with feedback and coach them to higher levels of performance. When...
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...INDIVIDUAL PHYSICAL SECURITY Individual Physical Security SEC 410 LaShena Shields 7/21/2013 Physical Security addresses actions to protect buildings, property and assets against intruders. When designing a physical security program, there are three levels that are needed to protect the outer perimeter, inner perimeter and the interior. Implementing two or three forms of security at each level will have an effective physical security system. Companies can elect to use physical security as part of their contingency planning measures. Physical security measures will include perimeter boundaries, surveillance devices, secure entry points and identifications checks, and secure access for internal sensitive areas. The organization might decide to bring in a specialist response team to help with a variety of threats, whether industrial, medical or any security related incident. Regular security checks on locations and materials should be conducted to deter or identify breaches of security, and strong links with external agencies are useful to augment a company’s resources, as well as share risk. Some considerations related to physical security risk management measures follow (Deutsch). Physical perimeter boundaries is a clear delineation between public property and restricted locations is often required to isolated project areas. The use of fences, wire entanglements, concrete bollards, beams, signs and cleared land ( for observation purposes) ensures that private...
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...often includes substantial measurement and analysis of internal processes. Ultimately, the nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc Sections of This Topic Include: Procurement (Purchasing) Practices This topic reviews guidelines for buying various materials from suppliers and vendors -- materials, including computers, services from lawyers, insurance, etc. Procurement (Purchasing) Practices Management Control and Coordinating Function Management control and coordination includes a broad range of activities to ensure that organizational goals are consistently being met in an effective and efficient fashion. Control Function of Management (includes major activities to ensure goals are being met) Product and Service Management As noted above, the major activities involved in product and service...
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...THE PROCESS OF STRATEGIC PLANNING ARTICLE #7 OF 10 BUSINESS UNIT STRATEGY Strategic planning pays dividends to companies when approached in a disciplined process with top-down support and bottom-up participation. The following is the seventh in a series of ten articles describing one proven, tested process for effective strategic planning In the first six articles of this series we described the analysis that needs to be undertaken to be in a position to develop a clear, distinctive and differentiated Strategic Statement for the business. The first six steps of the Strategic Planning Process work are primarily about data gathering, analysis, describing and understanding the business from the views both inside and outside the company. It is a process driven and developed around fact gathering, valuing, and defining. It is developed with top down support and direction and bottom up input and analysis. Depending on the scope and complexity of the business, the next step is to develop a Strategic Statement or statements for multiple elements of the business. Those elements of the business include the overall business, each operating division of the business and each key functional area of the business. So there would be an overall company Business Strategic Statement, a Division Strategic Statement, and Functional Strategic Statements. The Functions might be Manufacturing, Marketing, Logistics or Supply Chain, Human Resources or other functions important to the success of the business...
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...2011 Question 1:Decision-Making 1.The definition of decision-making A decision is a choice between alternatives. Managers choose courses of action not only fro themselves but for their organization and other people. While people choose a job, it is not only for himself, but also for his family and friends. "Decision making is the process of identifying problems and opportunities and then resolving them." (Richard L. Daft, Chapter 9, Pp 238) The process of making a decision is to establish and achieve organizational goals and objectives. People choose jobs that help them reach the targets in their mind and have the promotional opportunities. 2. Using the seven-step decision making model to deicide to choose the best job The Seven-Step Decision Making Model developed by Rick Roberts of the University of North Florida Career Services includes identifying the decision to be made, self-assessment, identifying any options, gather data and evaluate the options, selecting one and designing a course of action(Rick Roberts, 2006). Step one: Identify the decision to be made According to my personal situation, such as currently employed, single, enjoy traveling. There are some problems and opportunities that should be concerned. The problem is that I have no job at present. Finding an appropriate job with good salary is on demand. What's more, I'm planning to get married in three months, if the job is too busy, there will be no time to take care of my family and prepare the...
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...provision of products and services required by end customers in a supply chain. Supply chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally. SCM draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.”...
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...Week 3 Knowledge Check Study Guide Concepts Mastery Areas in which people are Score: 20 / 21 Questions 100% 1 2 3 100% 4 5 6 Strategic planning 100% 7 8 9 Levels of planning 67% 10 11 12 The creative process 100% 13 14 15 100% 16 17 18 100% 19 20 21 creative Ingredients for enhancing innovation at work and approaches to innovation Obstacles to corporate innovation Barriers to effective decision making Concept: Areas in which people are creative Mastery 100% Questions 1 2 3 1. Ramona, a member of the innovation team at Buzzer Co., a beer manufacturing company, suggests that the company use the spent grain generated through the process of beer manufacturing to create commercial products. Ramona explains how the wasted grain can be broken down through the process of fermentation to generate biogas and compounds that can be used to make personal care products and clothes. In the context of William Miller's research, into which area is Ramona channeling her creativity? A. Organization creativity B. Relationship creativity C. Event creativity D. Material creativity Correct: The Correct Answer is: D. In the context of William Miller's research, Ramona is channeling her creativity into the area of material creativity. Material creativity entails discovering new uses and inventing materials for services, products...
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...market. Additionally, we have added recommendations on how the company can overcome those problems. 1. Issue One CanGo does not have a formal mission and value statement. Liz, the CEO became the Business Leader of the year and was asked to give a presentation on how and why CanGo became successful. Additionally, the company does not have an outlined business strategy. Recommendation One CEO together with the help of the management team should create a vision and mission statement that highlights the values and goals of the company towards their clients and future in the online entertainment market. This will enable them to be more successful and attract more capital from investors in their online gaming plans. According to Dess “Managers often search continually for the one elusive solution that will solve their firm’s problems—that is, the next holy grail of management. Furthermore, presentation on the company’s mission and operation strategy will depict an insight into how and why the company became successful at the Regent Business Leader Symposium. That will be very helpful to potential entrepreneurs seeking to start their own business. 2. Issue Two CanGo desires to expand their current business model into the online gaming market. However, presentation of the concept to other members of management was done very poorly. Most of the...
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