Question 1:
1.1
Tom Boardman’s Behavior shows the following Leadership characteristics:
• He is a Visionary. Had a vision to “become Southern Africa’s most highly rated and respected bank by our staff, Clients, shareholders, regulators and communities.” Leaders must collaborate with many people that influence a business and make use of influencing and powering to motivate employees to achieve organizational goals.
• He was Strategic. He realized he had to deal with issues quickly. This adds to the characteristic of being decisive and having intuition to act quickly on an uncertain plan. This plan was “the journey back to the top” which was underpinned by a 3-year plan.
• Tom took personal responsibility to lead the strategy, values and brand
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He reviewed feedback.
This adds to the leadership characteristics as delegated tasks and received communication of employees and other business operations of the efficiency of the Business.
• To encourage unity he used his approaching characteristic to encourage more employees to be inspired and want to work. Staff in all clusters and divisions shared values. All staff was able to share input in selecting the fifth value as the representative. He valued his employees by gathering employee’s insights.
• Tom had to lead by example to create inspiration of other leaders to also believe in his vision. Tom was positive towards his value based and lead by example to create more inspiring leaders to lead employees. He had to delegate leaders.
• He won the support and belief investor communities and employees.
Through Leading, Determination and conviction to change the culture and values.
He took risks in a time of extreme adversity and created staff morale, functional organizational culture, clearly set a vision and strategy, and boosted the confidence level in leadership. Tom had the leadership traits that are competence, Consistency, Loyalty and openness(Brevis and
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not a motivator of work behavior:
This essay shall discuss whether money is a motivator of work behavior. Money is a reward that encourages more efficient working behavior however an employee must be satisfied with their job in order to work well. A reward system should make provision for intrinsic and extrinsic rewards to create an environment that employees will feel motivated to archive their goals.
Money motivates employees to “work to live” (a). It is a motivator if employees perceive good performance result in monetary value.
It is seen as a reward for example in the expectancy theory a sales person will believe if she sells more units she will receive a bonus.
Money satisfies lower order needs have Maslow and Herzberg’s hygiene factors.
Herzberg theory is when organization give a money reward and bonus for recognition of performance thus motivates employees (Brevis and Vrba,2015).
The equity theory suggests that employees should be paid arrcording to the amount of work done and the Reinforcement theory suggests that money is a reward that leads to positive job performance that reinforces good behavior(Brevis and
It can also lead to greater motivation among employees. By compensating workers for the fair value of their work, businesses are able to recruit and retain the best-qualified workers. Additionally, Indiviglio (2011) states that pay equity makes the labor market more efficient. On the other side, inequality or unfairness in pay whether internal or external can result in low morale and decreased organizational effectiveness. For example, if employees feel they are being paid unfairly, they may restrict their efforts or leave the organization which damages the organization’s overall
Apollo 13 Reflection Paper Throughout the Apollo 13 clips, Gene Kranz’s character, demonstrated a great deal of leadership qualities. He exemplified the five leadership qualities outlined in the text, the Leadership Challenge: How to make Extraordinary Things Happen in Organizations (5th ed.) , Kouzes, J.M., & Posner, B.Z. (2012). Model the Way
Company Leadership Style Cornell has displayed a leadership style where he has been able to get the board members on board with the decisions that need to be made, get his executives in step with the strategies that are needed to make changes, and he has provided support for displaced workers. He has showed the type of leadership that is needed to turnaround the large retailer. His leadership style is transformational. His leadership style helps to bring team effectiveness to help make teams perform better together and it works for leaders to identify what the teams need to be more
Furthermore, a leader can play a significant role in terms of judging and decision making in a more complex changed phenomenon. According to Cummings and Vorley (2007) to clarify and shift IBM’s culture, it needed to change its approach. Participative Approach The Participative approach, is often called the democratic leadership style as participative leadership values the input of team members and peers in general, but the responsibility of making the final decision relies with the participative leader. Participative leadership increases employee morale as employees make contributions to the decision-making process. It shows the employees and tends to make them feel as if their opinions do really matter.
Comparing the theoretical notions of leadership and the observed examples of leadership displayed by Tim Bloomfield, he is an effective leader. His ambition to motivate his workforce is unfortunately hindered by lazy workers, whom would most likely continue to be lazy regardless of leadership. Tim’s ability to communicate is one aspect that makes him a great leader, however, he needs to contactable at all times during business hours. He has put opportunities in place for team building to occur without forcing it upon people and if not for racist members of staff it would be highly effective. Upon analysing the leadership through traits, behaviour and contingency theories the findings above were substantiated.
For employees, things that aren’t intrinsically interesting requires extrinsic rewards to motivate. Employees can be motivated by extrinsic rewards such as additional monetary compensation, gifts, gift cards, or other monetary rewards. These types of rewards could lead to improved performance and higher motivation. It would also motivate a worker, but only satisfies the person’s lower-level needs. The flip side to this type of motivation stimuli, employees will want the same or better reward to maintain the same level of motivation and performance outcomes.
Motivation is essential for a group as well as an organization. In the eyes of the leader of organization McDonald’s, authorizing and inspiring staff members to do the best in their job and they’re capable of helps create job satisfaction, lowering gross revenue in an industry that has a standing for stimulating its employees. In addition, a glad, stable workforce not just conveys better customer service; it is likewise more compelling at building deals and attracting repeat business. There are five concentrate benefits of employee motivation which Mc Donald’s approached at: 1. Improved Productivity 2.
In this regard, leaders and managers can appear at any level of an organisation and are not exclusive of each other (Germano, 2010). Leadership theories identify leaders based upon traits as well as how their influence and power is used to achieve organizational goals and objectives (Germano, 2010). As such, trait based characteristics include leaders such as autocratic, democratic, bureaucratic and charismatic. On the other hand, leadership that is viewed from the perspective of the exchange of power and its utilisation to secure outcomes, are situational, transactional and transformational leaders (Germano, 2010). It is of paramount importance to consider the different types of theories of management and leadership and their potential impact on organizational strategy being that management and leadership plays a vital role in the success of businesses.
Introduction The focus of this written paper is to introduce a successful business person in the world and analyze the person's unique events or stories with an appropriate organizational behavior theory. We would like to explain in detail with applications and discussions of how the chosen leader has demonstrated the critical criteria of a certain theory. Richard Branson, who is the founder of the Virgin Limited is seen by us as a famous leader in the business sector. His open-minded leadership style has fully demonstrated the transformational leadership theory. Bernard Bass (1985) stated that transformational leaders care about the development of followers, improve the organization through inspiration and stimulation and engage in the betterment
This paper will examine the three leadership theories, identify how they apply to my practice, and explore how these theories interact with each other. The Trait Leadership Theory is based on the belief that a person is born with special traits contributing to natural leadership abilities. Studies of famous historical leaders have been used to identify various traits for this theory. Although the list of traits differs from study to study, there are five major traits that are consistent throughout most studies.
Motivation is the force that pushes us to do things: It is a result of everyone needs being satisfied so that employees have the inspiration and ability to complete the respective task given. So will employees be motivated and perform to their capability by giving them good welfares, benefits and money? Money makes the world go round, it can be considered as an engine to push human’s limits but peers motivation and intrinsic desire to a good job are the real motivators in today’s workplace. Intrinsic and extrinsic motivation There are two types of motivation, intrinsic or extrinsic.
Personality of Dr. Jannie corresponds with this theory in the case she makes decision based on fact and figures and her leadership is based on empiricism, that all rationally acceptable beliefs or propositions are justifiable or knowable only through experience. For example, she is a strong minded leader, always taking an attitude of mutual trust and an effective way to practice the company goals. If her employees have the things they want to do, or they are prepared to put their effort into a plan, she will go all out to support them. For example, as a leader, she will communicate with employees well, so as to understand the problems encountered by employees, stand in the position of them and also help them solve problem or give advice. She is a positive thinking person.
John follows the definition of leadership because his relationship with the employees influences them to
According to the book, "individuals who exhibit traits as a leader able to recognize someone who is a leader of leaders does not mean they managed to get each group to achieve its goals. " theories of leadership behaviour suggests that certain people are able to distinguish the behaviour of a leader by himself and not from
As per Brickley, the reward system must encourage the employees to stick to the organisation for longer periods as well as increase the motivation and commitment to the company therefore lead to the increase in productivity and profit maximising. [ct. Brickley 2002, pp.172]. On the contrary, Holmes stated that, there are many negative significances lead by reward system if not used properly. Sometimes,