Leadership styles, entrepreneurial orientation and family business growth in Ghana. The research problem While the number of family business abounds in Ghana, one sees lots of these slowly dying and some going bankrupt (Wolf, 2004). The lack of continuity and growth in family businesses is a major concern because of the primary contributory role that family businesses play in the world economy (Lansberg 1999: 1). It is perceived that entrepreneurial activities in Ghana lack the dynamism and
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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
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Wal-Mart Leadership Whether it's the environment, product sourcing, healthcare, wages, community involvement or diversity, Wal-Mart is investing in the future. Even with this huge success, Wal-Mart has received criticism over numerous issues, not the least of which is its size. To better understand critics and Wal-Mart’s impact on the world and society, the leadership and management team spent a year meeting with and listening to customers, associates, citizen groups, government leaders, non-profit
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In this essay we will discuss the different leadership styles of Executive A’s level 5 leadership, Leader B’s transactional style, and Leader C’s transformational approach. All three have different styles of running the organization but are effective in different ways. Executive A is also planning on retirement in a few years so a replacement will be needed. We will also examine how either Leader B or Leader C will impact the company if promoted. Executive A has been a great asset for the company
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1.0 Introduction Leadership can be defined as the process in which leaders influence their followers to achieve predefined organisational goals (Yukl, 2010). A leader is a person who the subordinates look up to for advices, guidance and also to make decisions which will benefit not only the ones directly involved, but everybody else as well. A leader is an important figure in an organisation because the way the subordinates perform will be the reflection of their leader’s calibre. Therefore, to ensure
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3. Democratic Leadership - What is it? The democratic leadership style is a very open and collegial style of running a team. Ideas move freely amongst the group and are discussed openly. Everyone is given a seat at the table, and discussion is relatively free-flowing. This style is needed in dynamic and rapidly changing environments where very little can be taken as a constant. In these fast moving organizations, every option for improvement has to be considered to keep the group from falling
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employee active engagement levels soared to 62%, which is an engagement ratio of 23:1. Gallup Organisation considers 12:1 to be ‘world class’ (Waghorn, 2009). How did Conant achieve this? No one leadership strategy can transform a business this close to failure. For Campbell’s it took a combination of cost control, innovation, a change in marketing direction and especially, a concerted effort to invigorate the workforce and change its culture (Waghorn, 2009). Conant believes that of all the measurable
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employees. However, in early 2000, Dr. Hughes fell ill and resigned. The building that was built for GHP employees was dedicated in his name, The Hughes Center. Quickly after his resignation, and unfortunate passing, the health plan had no strong leadership. GHP struggled for the next decade, under various leaders. Some applied by the Board of Directors and Geisinger Health System, and others hired on full-time, only to resign a few years later. Membership dropped to a low, as well as revenue.
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Executive |Summary Motivation, Leadership and management and human resource management are important factors in the working of any organization. Each of them have certain theories or principles founded by various researchers and scholars. These theories have gained some criticisms over time. Under motivation there are two types of theories: content and process theories. Content theories include Maslow’s Hierarchy of Needs, Herzberg’s Motivation-Hygiene theory. Process theories include equity theory
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last level of the pyramid, level 5: Competitive Greatness, is the driving force behind many organizational leaders. Many leaders view is as the best way to lead their organization and obtain optimum production. This can be seen in the continuous leadership competition that is held by the companies Samsung and Apple when it comes to the production of smart phones. Both companies
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