Transformational leadership Essay Example | Topics and Well Written Essays - 2000 words

Transformational leadership - Essay Example The group exists to achieve a common purpose or task, and the leader's actions in one area affect both the others; thus successful achievement of the task is essential if the group is to be held together and its members motivated to give their best effort to the job. So, the four key elements of performance should be taken into account. These are: measurement - assessing results against agreed targets and standards; feedback - giving people information on how they are doing; positive reinforcement - emphasizing what has been done well so that it will be done even better in the future; only making constructive criticisms, i.e. those that point the way to improvement; exchange of views - ensuring that the discussion involves a full, free and frank exchange of views about what has been achieved, what needs to be done to achieve more and what individuals think about their work, the way they are guided and managed and their aspirations. Performance and development reviews provide those in volved with the opportunity to reflect on past performance as a basis for making development and improvement plans. Obtaining historical perspective through analysis is a necessary part of the review but reaching agreement about what should be done in the future is what it is all about. The performance review should take the form of a dialogue, not a top-down interview or 'appraisal' (Boehnke, Bontis, 2003). The old routines of central planning and negotiating inputs from might have gone, but there remained the assumption that some other agency would solve the problems: an assumption the CEO himself appeared to share. All of this was taking place within a structure which remained hierarchical, with little involvement of junior management or the workforce, who believed that their product could only sell locally and clung to the assumption that they could sell everything they could produce (Whipp, 1991). This systems view therefore suggests that organisations can and do change by mutually reinforcing and amplifying stimuli within their systems. It is change on the basis of the current ways of doing things: in this sense, it is an explanation of incremental change. The change agent seeking to manage change incrementally would, therefore, search for ways in which changes could be made within current systems, which would have the effect of amplifying change. Education and communication might be appropriate if there is a problem in managing change which is based on misinformation or lack of information. It requires an atmosphere of mutual trust and respect between managers and employees, and might well be time consuming if large numbers are involved in the change since it is unlikely that mass briefings of people will be sufficient to communicate effectively. Many organisations realise that such situations are likely to require small group briefings and debate if the communication is to be effective. However, often the direction or process of strategic change lacks clarity, so relying on processes of communication alone is problematic. The ability to motivate and inspire employees is now a core competence for the best managers. In order to achieve optimal goals three basics would be taken into account: motivation, reward and commitment. Motivating other people is about getting them to move in the direction you want them to go in

Marketing strategies Coursework Example | Topics and Well Written Essays - 4000 words

Marketing strategies - Coursework Example In order to find the strategies and evaluate the factors which will help Murgitroyd to grab the market share at China and expand their business in the next 24 months the company’s strength, weakness, opportunities and threats are evaluated which will help the company to implement their strategies successfully. The global market opportunities are assessed by finding the sales potential in the market. The foreign market sustainability of the products is also needed to be done to find whether the product is suitable for the target market or not. Screening the potential market is the next step the company should follow investment. Then the key business partners and the distributors’ availability are researched who are the main drivers of the business. Understanding the customer behaviour is also an important factor which will help the company to estimate the sales forecast of Murgitroyd. ... Companies are essentially spending huge amounts of resources towards research and development to create unique products. Firms are also trying to protect their intellectual property rights so as to prevent their competitors from infringing and illegally using their research. This has also augured numerous opportunities for organizations that provide patent and copyright protection to the firms. The present study would analyse the business strategies of a Murgitroyd and Company with regards to its business strategies in China so as to improve its market share in the nation in the coming 24 months (Miele, 2000, p.1). Murgitroyd and Company is a UK based patent and copyright consultancy firm that provides legal and consultancy services to business organizations for protecting their intellectual property rights. The company provides services to its clients based across UK, Finland, France, Germany, Spain, Ireland, Italy, Japan and the United States of America. The company has over the ye ars grown as a mature organization with a dedicated workforce and is presently considered to be one of the leading consultancy firm of its kind in the European market (Murgitroyd & Company-a, 2011). The Chinese market provides opportunities to the organization considering the large number of manufacturing organizations present in the nation. The technological advancement at China with growing demand for the enterprise IP services gives a great potential for the company to explore their business in this part of the world. However there are certain challenges in the nation that mainly arise due to certain legal aspects. (The Economist, 2005, p.1-9). Moreover with the government largely favouring domestic players