They refer to Fielder’s contingency theory, path-goal theory, Hersey and Blanchard’s Situational Leadership theory, and Vroom and Yetton’s normative decision model. Each theory is distinctive and different from each other. In the case of McDonald’s, it practices each theory to a certain degree. Fieldler’s contingency theory states that in order to maximize work group performance, leaders must be matched to the right leadership situation (Williams, 2007). Different managers have different styles that do not change and are better suited for different tasks. Relationship and task oriented leaders can be distributed depending on the task structure, leader’s position power and their relations with members. In McDonald’s, restaurant managers are mostly task oriented who handle structured task like overseeing sales and controlling profitability. Area (frontline) managers however are more relationship oriented and specialize in unstructured task since the restaurant promotes good working relationship and friendship among each other. These leaders are more qualified as they need to be patient in teaching and building a good relationship with their employees. How well a manager does and how well he is being used to the fullest depends on the situation he is placed in. In path-goal theory, it is stated that leaders can increase subordinate satisfaction and performance by clarifying and clearing the paths to goals, and by increasing the number and kinds of rewards available
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This theory makes the dyadic relationship between leaders and followers the focal point of the leadership process. Path-Goal Theory. This approach emphasizes the link between the leader, followers’ behaviors, and that of the organization, making the path clear to promote a satisfying work environment. Authentic Leadership Theory. This approach focuses on the interpersonal process that emerges from the interactions between leaders and followers.
McDonald v. Chicago, 561 U.S. 3025 (2010) Facts: Mr. Otis McDonald, a denizen of Chicago, wanted to get a handgun for the purpose of self-defense. McDonald had lived in that particular Chicago neighborhood for several decades, and his decision to purchase a firearm was predicated upon his increasing frustration with the rising crimes rates of that neighborhood. He had even in fact been the victim of thefts and break-ins on numerous occasions. Legally, he already owned rifles and shotguns.
When the team’s performance expectations are met, there should be rewards and recognitions so as to encourage them to continue their great performance. Nonetheless, since performance is link to remunerations, team members might feel competitive and hence resort to unethical ways in order to achieve their targets. Alternatively, attending leadership training to improve leadership skills and to upgrade the current skills can be done. With that, the manager will have the knowledge on how to communicate, guide and motivate his team to achieve their goals.
Path goal theory thoroughly examined the relationship between leaders and followers. It examine how leaders motivate subordinates in pursuit of objectives. It implied that leadership is not enforced on subordinates but exercised in conjunction with them, recognising that often leadership is wanted by those that are led, not imposed on them. Path goal theory emphasise on directive leadership which involved clear command, recognise and assign tasks, indicating how and when the task to be completed and the standards expected. This is a style of leadership that is familiar to most commanders and leaders.
From this case, there have two theories would be a “best fit” for Dr. Jannie. One of the suitable theories that make The Hour Glass successful is Trait Theories. This theory leadership focuses to identify a link to successful leadership in a variety of different personality traits and characteristics. While Trait Theory builds off of the “Great Man” theory, it still adheres to that leadership is naturally indispensable. The search for the characteristics or traits of effective leaders has been studied by the central leadership, which leads to the assumption that leadership is embedded in the characteristics of the individual.
CAN A MANAGER BECOME A GOOD LEADER SIGNIFICANCE OF THE CONCEPT It is important to distinguish an effective manager and a good leader, also to recognise the concept of being a good leader as well as an effective manager, managers aspiring to become a leader can benefit from acquiring leadership skills, a good leader possess several qualities that could easily be termed as good managerial skills. Hence a leader must be well developed physically, mentally and intellectually to be able to assume such positions. In this current challenging world is crucial for every manager to possess excellent management skills and develop exemplifying qualities of a good leader.
STRATEGIC MANAGEMENT CASE STUDY: MCDONALD’S CORPORATION 1. INTRODUCTION McDonald’s Corporation is the world’s leading fast food restaurant chain with more than 34,000 local restaurants serving approximately 69 million people in 119 countries each day. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local franchisees. Its revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants (McDonald’s, n.d.).
Introduction The company selected for this research is McDonald’s Australia Holdings, a patented public company in Australia. The company specializes in food and beverage products such as burgers, coffee, sandwiches, McCafe beverages, and soft drinks, among others. The primary activity of the company, which generates most of its revenues from food and beverage services, entails establishing and operating a chain of family restaurants that offer quick services throughout Australia. While the company owns and runs a smaller number of the McDonald’s Australia Holdings’ restaurants, a larger number of the restaurants is owned and ran by franchisees, who shell out the company’s service fees and rent (Buchan, 2012). The 2013 annual revenue of the
Among other things, it predicts that directive leadership is effective with ambiguous tasks, that supportive leadership is effective with repetitive tasks, that participative leadership is effective when tasks are unclear and subordinates are autonomous, and that achievement-oriented leadership is effective for challenging tasks. By taking the Path-Goal Leadership Questionnaire, I know that which way suit me to lead my followers. In my case, I score 27 in participative, which is the highest of four options. As a participative leader, I do reference the suggestions from the followers for making decisions sometimes but not always. Sometimes the leaders’ behaviors depend on the characteristic of the subordinates and tasks.
The managers specialize in setting a positive bench- mark around the boundaries for their teams and also individuals.. On the other hand leaders have well defined objectives and they lead the teams to achieve those objectives. Leaders not set up goals but also have to lead the teams in new directions. lead their teams to achieve objectives. Leaders should have a vision, mission and ability to lead their teams from the front.
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.
We could infer from this that it is much more difficult to be an effective leader than an effective manager. Managers came from the ‘’headship’’ (power from position) category. They hold appointive or directive
1) Introduction Management and leadership practices are helpful and useful to individual's prosperity and that of our organization. Leadership and management theories concentrate on what qualities recognize and distinguish between leaders and followers in an organisation. Leadership can be characterized as a procedure by which an individual impacts others to accomplish a target and coordinates the organization in a way that makes it more coherent and cohesive. On the off chance that you have the longing and willpower, you can turn into an effective leader. Great leaders are creating and developing through a ceaseless procedure of self-study, experience, training and education.
Risk Analysis When it comes to risk every business and person has to deal with it, so as you may guess McDonald’s is not excluded from that list. When you are in the food industry and especially the fast food industry you take on many risks. These would include things like competition, changes in customer preferences, pricing, staying technologically advances, and not losing out on investments. As a huge company like McDonald’s you may think that their risks are minimal, they bring in millions every year, and McDonald’s are always successful and busy, but they too have a long list of risks on their 10-K. After reading through McDonald’s list of risks I want to first say that they are very broad in many of their risks.
McDonald’s is the largest fast food restaurant chain in the United States and represent the largest restaurant company in the world, both in terms of customer served and revenue generated. In 2014 IBISWorld market research estimated MCD held an 18.6 % of market share of the entire global fast food industry; Burger King in at just 4.6%. Under franchising visionary Ray Kroc, McDonald 's became the world 's premier food brand by selling the rights to operate a McDonald 's store. With this model, MCD keeps overhead costs down and lets local owners deal with individual units, while food costs remain low and service remains fast for a culture increasingly on the go.