Introduction Leadership according many theories can be defined using differing dimensions, as a trait, a process, an emergence, ascribed leadership etc. I have come to understand leadership as a process which requires certain traits whether innate or learned to carry out responsibilities for the achievement of business or agreed goals. As defined by Pasmore (2009), leadership is a culture (behaviour) which is defined by the collective actions of formal and informal leaders towards achieving the set organizational goals. This implies that leadership is about the leaders themselves and the relationship they share amongst them and their followers. Leadership Strategy is the processes and actions put in place to review the business strategies and identify areas of need for leadership requirements.
We then break leadership into smaller compartments, as we look at its theories and significance to the advantage of a successful business 2. The importance of ethics and values in business sustainability 2.1 ETHICS For a business to be effective and running, ethics and values are important factors. Both of these factors work in correlation with one another and they are central to any organization. We then define ethics as moral principles that govern a person’s behaviour. This can be identified on how stakeholders (consumers, customers and shareholders) behave in the organisational environment.
Ethical Effects Organizational culture is the basis for which ethical behaviors are established. The recognized levels to which ethical behaviors are or are not acceptable come directly from an organization’s culture. Organizations must lead by example in this area. Working conditions in respect of ethical standards, represent a guarantee for achieving the desired business success. Contemporary successful managers work on highly professional managerial level, respecting business ethics.
[online] Available at: http://nptel.ac.in/courses/110105034/SM_Web/Ch21modified.pdf [Accessed 26 May. 2014] • Spector, P. (1997). Job satisfaction: Application, Assessment, Cause and Consequences. 1st ed. Thousand Oaks, Calif.: Sage Publications.
Deals with the truth and law, with interest of how we behave in society, corporate behavior and carrying of social responsibility. Business ethics Is the applied ethics in wide spectrum it is the application of moral obligations or principled norms to the business. Ethics aim to answer essential inquiries whether the establishment can make decisions beyond their lucrative basis. Sets the standards with what kind of behavior is acceptable in the workplace. Eskom believes that ‘Integrity, Excellence, Customer Satisfaction and Innovation, but it also establishes the foundation for the interaction of Eskom’s Board of Directors and teams with colleagues, customers, suppliers, shareholders, the environment, the public and other stakeholders.’ In ensuring that quality services are delivered to their clienteles and management should lead the way in screening other departments what is the right way to behave in the workplace.
Introduction All organizations and enterprise, both profile and profit conducts their business via respect and involvement for those who work in them to attain superior results. This is achieved through involvement of good leadership. According to Uju (2013), leadership is the vision creation concerning a defined future state that seeks to entangle all organizational setting membership, with an influence that is necessary to the achievement of organization objectives. Leadership is defined as a process in which an individual influences others to attain an objective and guides the organization in a manner that makes it more coherent and cohesive. Corporate governance on the other hand refers to a manner, fact and act of controlling, directing and ruling the affairs of an organization, company, city or a country.
Mission, vision and values are the key factor that directs the business strategies of the organization. Planning, decisions and activities are based on mission, vision and values. Organizational strategies assist in developing competitive advantage. All these tools assist the company to satisfy the customers by fulfilling their unmet needs. With the help of these tools, the organization maintains a strong bond with the customers.
Organizational Strategy The primary objective of performance management is to assist organizations to achieve their strategic goals (Aguinis, 2013). These strategies initiate from the organizations vision and mission statements (Johnson, 2013). The performance management system, if effectively developed, will join unit and individual goals with the overall organizational goals so that all parties are working to achieve the same purpose (Aguinis, 2013). An additional benefit can be derived from the performance management plan because it serves to secure employee engagement in the organizational objectives (Aguinis, 2013). At the College of Business, the organizational purpose, vision, and mission are modified to adequately serve these objectives.
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Retrieved from http://cloudwiser.wordpress.com/2014/02/28/an-analysis-of-the-saas-cloud-market-for-2014/ Software as a service - Wikipedia, the free encyclopedia. (2014, April 11). Retrieved April 19, 2014, from http://en.wikipedia.org/wiki/Software_as_a_service What is Software as a Service (SaaS) - salesforce.com. (n.d.). Retrieved from http://www.salesforce.com/saas/