2.8). As I mentioned in my previous discussion post, a leader should display a high level of integrity and be authentic to his people. "Integrity and honesty are also related to the survival and success of corporations, " (Weiss, 2015, Chap. 3.1). Sam Walton also possessed this quality he is an authentic leader living with integrity, respect and sensitive to his employee’s
Herbuck quotes, in retort to the ongoing innovations of the company and their worth ethics with employees, "They were expressions of mutual respect for each person's importance to the job to be done” In this quote Charles sums up exactly what Lincoln Electric Company accomplishes within their employment base and the respect that is between employee and employer. Respect, communication and trust are essential in relationships, whether it be business or personal. In the aspect of business relationships, respect is high priority within the company. Lincoln Electric Company's motto is "The actual is limited, the possible is immense.” This motto speaks volumes. Their motto makes one feel like they can reach for the stars because anything is possible no matter how limited they are.
When you're dealing in an industry of this caliber, it's essential to remember the customer comes first. Customer service is key in any industry, but the financial stakes are typically higher here. Not only should the customer come first, according to Ferder, the customer is always right. There's no question about it. It's one of the underlying beliefs in his company and if you take a look at his longevity, there's something to this belief.
It indentifies how an individual behaves in the given circumstances. It also helps in knowing whether the leader is kind of cooperative person or he believes in dictating terms upon its subordinates. The theory also puts light upon how the behaviors of the leaders differ in different kind of situations, and how it helps in improving their performance. The theory indicates that those leaders who use different behaviors in their decision making process becomes the successful leaders. Kurt Lewin, during 1930’s, introduced a framework for defining the behaviors of the leaders.
“Our teams travel long distances to meet the needs of our customers and we take pride in going the extra mile to ensure the customer gets the best service.” Looking at the tremendous growth, it’s easy to see why quality services and great customer experience have been at the heart of this company. These core values are inextricably linked to the company’s culture which becomes apparent when you visit the firm’s Westlands headquarters. The well manicured lawn and green spaces and a creative office setting make for a conducive working environment for the company’s 350 employees. A well equipped and trained team, says Popat, serves the customers better. He says that Computech has over the years improved the working conditions of its staff to enhance creativity and productivity.
Overall, the important aspects of Locke’s goal theory are: 1. The setting of difficult goals, 2. Participation in goal setting and 3. Feedback on performance with guidance and advice. The goal theory of motivation is similar to the concept of management by objectives where the assumption is that employees can be motivated by manager setting setting specific objectives.
According to this theory, no specific type of leadership is universally the ‘best’ for every situation. It highlights the importance of context of which the leadership is occurring. Leadership researchers White and Hodgson have put forward the belief that truly effective leadership is about striking the right balance between behaviours, needs and context. They believe that a good leader should assess the situation and adapt their leadership style and behaviour accordingly. The success of this style purely depends on variables, context, the quality of the followers, as well as the leader’s ability to adapt to the situation.
. Using research and discussion explain in detail the term Bureaucracy. Bureaucracy was developed from a theory of management known as scientific management. One of the main benefactors of this theory was Frederick W. Taylor (1911). Taylor stated that “in the past the man has been first; in the future, the system must be first” (Taylor, 2010) This theory aimed to gain greater efficiency and productivity from workers and work methods by eliminating “soldiering” by removing any unnecessary movements and have a good working relationship between employer and employee by putting in place a system of “initiative and incentive” (Taylor, 2010).
This is because the good brand name can easily to get the people trust and famous over the world. Resources represents inputs into a firm’s production process such as capital equipment that need to make the service that give to the customer always in good , the skills of employee also need to know because it is important to make the employee always do the work with productive. The company also must hire talented manager to make the problem that company face can be solve with better. Capabilities can help a firm neutralize threats or exploit opportunities. The strategic that I can take as a CEO to make the vision can be achieved is through the leadership.
Management styles Leaders have a unique method of handling subordinates at the workplace which is called as management style. As a manager you most probably have a dominant or preferred style, but the most effective managers adapt and implement the required method, according to the specific situation or individual. A good manager is always looking for the best way to increase the results, progress of work to gain the best outcome in terms of fulfilling the requirement efficiently. Styles and methods are adapted and obtained, by studying the qualitative and quantitative information about the team and work such as the process data, feedback from the higher officials and client. They are subjected to follow company norms, which help in dealing with all the subordinates equally to maintain balance in