Leadership: Differences Between Strategic Management And Leadership

(Franchise structure, 2015) The vision of IKEA is “to create a better everyday life for the many people”. Their business idea is “to offer a wide-range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”. This is achieved by offering quality at affordable prices to the customer through optimising the entire value of the chain, by building a long-term supplier relationship, with producing large volumes and by doing so, investing in highly automated production. (Business concept,

It is also important to remember responsibilities belong to a role and not to a person. In larger companies, centralized structure allows for more definitive decision-making. With a centralized structure, it is fairly simple for a company to change with growth. Employee motivation, morale, and organizational culture Best Buy’s approach to employee satisfaction

• The emphasis is on preparing and accepting change, not the actual change. • The transition is easier. • Concentrates on buy-in of employees as the focus for success • Clear step which can give a guidance for the process • Fits favorably into the culture of classical/ traditional hierarchies • Focus on one new thing especially in linear fashion over time Disadvantage • Steps can’t be skipped and it is clearly top

They must be able to communicate their thought process in order for outsiders to fully apprehend their vision. Leaders must be committed to carry through their ideas. They must be able to build a solid group foundation in order for them to succeed in the long run. Leaders should be decisive which requires a lot of confidence in themselves and their idea. Leadership is important as it helps to maximize efficiency and to achieve organizational goals.

This type of structure groups people with specific functional skills or roles, therefore it helps employees to be specialists and results in better productivities. While executing projects in this type of organization, project manager is dependent upon line managers for resource availability. Project manager has to negotiate with different functional team for project resources and it makes the tradeoffs difficult. Tradeoffs and Line staff organization. Project execution is responsibility of project manager and he/she has to do tradeoffs continuously, however Line staff organization is not flexible in determining schedule, cost, and performance tradeoffs due to following facts.

Virgin Australia’s has a decentralised system. There is a free flow of communication. Therefore, problems arising within the organisation gets their solution comeing from within the organisation somewhere. In fact, the employees are provided with the authority to make unsupervised decisions based on their intuition rather than following a chain of command. This leads to the employees having more confidence in them and in the management.

There's a limit to how much information any one individual can process, and a limit on how many perspectives one person can see. Many decisions need full group participation to explore the situation, provide input, and make a final choice. As one has probably seen, groups can often make better decisions than any one person operating on his or her own. This is one of the main reasons that good companies have boards,

Considering that he puts so much consideration and inspiration for this team tells me how far you can go in life. The reason some what of the people here on earth put other problems before there’s is because they want to be a guide, they understand things people are going through. Whether the possibities are that you’ll get hurt, or what could go wrong. Considering myself as a good person and hard working, yes. If I put other problems before mine, i don’t think that would be the greatest idea.

Strong leadership – leadership is about influencing others and helping them on their journey/tasks. Leadership skills has a strong consistent ongoing essential in building high performance teams. 100% involvement and commitment plays an important factor. Teams are fundamental to a success of an organization, how to build teams that are not just average but a high performing team and to do that, we have to look at the whole art and science of leadership and build first of all a high bonding among the team members. If people are not inspired, they don’t want to belong there 100%, therefore this is going to be a problem and a fundamental

“The action of leading a group of people or an organization” is what these people strived for to ensure a bright future. Roles of leadership have shaped and continue to shape the way Acts of leadership have carved the pathway for society by setting the standards high of what's expected of a leader. Discipline, emotional intelligence, and confidence are qualities that set leaders and followers