Management is therefore the key function in all organizations (Elearn 2007). What management and leadership style do you use and describe why you lead in this way. Give reference to the advantages and disadvantages of various leadership styles and how effective they are in business. In the management of affairs, there are different styles that are applicable. These styles are applied depending on the organization and the management.
The areas of HRM are affirmative and helpful to allow organizations to make situations proper and managed too. This means a lot from the perspective of allowing organization to generate good growth potential. All these areas together contribute towards achievement of pre-determined goals and objectives. Equal Employment Opportunities and Affirmative Action are held liable for safeguarding employee’s interest at its best. This mainly demands for seeing to it that the check needs to be made upon respective areas.
On the other hand, SIA value always means the right thing (Vanclay et.al 2011). It is also beneficial for leading decision making and reduce unnecessary costs for companies. Furthermore, some other current good practice SIA are based on a good understanding of SIA and determining the value of SIA. Even in different levels of stakeholders, the value creation of SIA shows obvious and effective outcomes for them, such as the business, governments, local communities and civil
Deaibes, when it comes to Consolidated Suppliers the approach that is mostly used is the behavioral management approach because the manager is encouraged to be friendly and close with their subordinates, so they will be able to be motivated to work efficiently and more productive to achieve the organizational goals. Now, how do workers work efficiently? Mr. Deaibes mentioned that to achieve efficiency and effectiveness is mainly by setting policies and procedures in the company. He also mentioned that both efficiency and effectiveness are equally important so there is no such thing as one being more important than the other. Moreover, Mr. Deaibes stated that to make sure the company is achieving both efficiency and effectiveness, one must make sure the company’s goals are being achieved and customer satisfaction is being attained.
The US Treasury felt that Warren was the best person for the job, due to his past experience and deep ethical convictions when it comes to monetary investment (Kennon, 2009). (2) The top three core value for my organization is overall Excellence, Teamwork and Leadership. These values will give the organization an input on how to conduct ourselves in business, and it will also help us to create value for our clients and our organization for a great success. With excellence, we will deliver what we promise and at the same time add value that goes beyond what is expected, excellence is achieved through innovation, learning and agility. This also allows the company to determine if they are on the right path in fulfilling the goals of the business.
Customer- Based Brand Equity (CBBE) Model Building and enhancing a strong brand has been found to have profitable rewards in business, it has therefore become a prime priority for many firms. Customer-base brand equity (CBBE) is a model that is being adopted by many organizations in order to build strong brands that can compete with the other ones in the market. The model outlines the four steps that should be followed in building a strong brand. The first step involves the establishment of appropriate brand identity, which includes enhancing customer awareness of the brand. The second step deals in creation of proper brand meaning through powerful and unique brand connection with the customers.
These concepts and skills are very essential for the success of a group. These skills are necessary to ensure that group members interact well and respect one another. Additionally, I would choose Kelsy because her impressive communication skills. Communications skills are necessary to ensure that information is received by each member and that conflicts among group members are solved (Kinicki & Fugate, 2012). Lastly, I would also choose Isabella because she has excellent management skills and concepts.
Thus the information sharing process is characterized by honesty, reliability and responsibility. Trusting culture brings an element of competitive advantage to the organization. This is attributed to the fact that the information that is in circulation is very reliable and rich in terms of offering knowledge on how to improve the quality of services and goods. However, according to Li (2010), building a trust culture needs a link of one’s individual job responsibilities and knowledge sharing. This results into motivation of the employee to take part in the knowledge sharing, and improve on individual level of performance.
The main reason for Planning is for management to be able to achieve their goal for a their company or business. This can be done mainly through organization. Coordination is primarily used for keeping organization during special events or other activities that must be planned ahead of time. Coordination would be helping a business because it would be organized.Also, Controlling can be seen as a major key when managing a business. This is because the standards of a business would be kept at a positive when it came to many big factors.
Kaplan et al explained that the performance indicators included in the BSC needed to be linked to strategic goals (Fenton–O’Creevy, 2003, pp 14-6). This ensures activities are aligned with strategic goals and helps employees see how they ‘fit in to the bigger picture’. Norton and Kaplan advised that four different perspectives should be included in the BSC. These perspectives are, innovation and learning, internal processes, the customer and the financial perspective. Norton and Kaplan advised these perspectives should be modified based on the needs of the organization Halifax articulated the relationship between the different segments of the scorecard well in their implementation of the balanced scorecard i.e.