Answer 1: As we all know what is leader? Leader is that person who influence the behavior of others is called leader. In today’s world there are so many leaders such as political leader, business leader and sports leader etc. But for answering my question I chose both business leader Lakhshmi mittal and Alan mullay. Lakshmi Mittal (conceived 15 June 1950) is the executive and CEO of Arcelor Mittal, the world 's biggest steelmaking organization. The Indian-birthplace steel financier is worth with an expected abundance of 17.51 bn pounds, has held his position as the wealthiest individual in the UK for the seventh year in succession in 2011, however his riches declined by 4.93 billion pounds amid the most recent one year. He is second wealthiest man in Europe and …show more content…
Meting went for almost three hours. In this meeting ford officials told to official of tata that you do not know about the passenger car then why you start the passenger as division. He felt insult and decided to return the same morning. Force field analysis :- force field analysis is simple tool for analyse the factor found in tough problem. Tata took over Land Rover and Jaguar in 2008. At that time there are some positive and negative forces were there. Condition in against (negative):- it is also called resistive force. When Tata took over land rover and jaguar from ford at that time ford was in very bad condition. Ford was in billions of dollars loss. so there were some people of the company did not happy with this contract. But after long meting they agreed. Condition in fever (positive):- it is also called driving force. In 2008 when Tata took over their cars they positivity is that at that time Tata had good reputation in market so this is the plus point for the Tata. Mr Ratan Tata and Mr wadia were the CEO and Non Executive independent director respectively. They both have played very important role in this
The five forces enable us to examine the industrial environment for Qantas Airways Limited operates under this circumstance and it also could affect the airline industry if they have no control for the first priority.
Leaders, an individual that people look up to for direction, inspiration, and guidance in life. Passion, influential, reliability, a vision, etc. These traits along with many more, are the things that make leaders great and successful. Everyone has different personality traits that make us capable of being leaders in this world and I learned that throughout this course. Everyone is different, whether good or bad, ethical or unethical, everyone has a leadership style all their own. “If your actions inspire others to dream more, learn more, do more and become more, you are a leader (John Quincy Adams).”
The term ‘leadership’ has no definition, for it is defined different ways in the minds of people. A leader will ingrain a sense of positivity and necessity towards the set goal using the power of written and spoken word. The qualities of a leader differentiate between between each society.
As strategy consultants of McCormick & Associates, we use Porters Five Forces Model as a framework when making a qualitative evaluation of a firm's strategic position (Appendix 1.2). These five forces determine the competitive intensity and therefore attractiveness of a market. These forces affect the ability of a company to serve its customers and make a profit. A change in any of the forces normally requires a company to re-assess the market place.
This essay will analyse Tata Motor Company and its motive for internationalization and include the background information on the company then it will go on to consider the definition of theories as well as applying them to the Company. The paper will focus on theories which are Dunning Eclectic paradigm; Learning Theories and Porter Diamond .Tata Motors Company is one of the largest automobile companies in India with a 42 billion organization. Further the product range of automobiles, information and technology is varied and covers almost all the segment of the car market as per the Tata Motors (2014).The research shows (Business Leadership Management (BLM), 2013) the motive for internationalization is due to its acquisition and its ease the
A leader is described as a person who guides others and has authority and influence over others. They work to influence others into meeting certain goals. There is no right or wrong definition of a leader and there is no recipe that ensures effective leadership. Successful leaders have a good balance of vision, influence, and power. Leaders gain their authority from their ability to influence others to get the work done; because of this, anyone has the potential to be a leader. (Finkelman. 2012, p15)
Porters Five Force Model is an essential part of analysing the competitive advantage gained through Geely’s acquisition of Volvo. It is an im...
Most of people in this world is a leader, only the matter how big the institutions we lead and how we lead other people to success for example we may be a managers, coaches, or even world leaders. A leader has many categories of definition but from the source of “Principles of Management notes”, a leader is someone who can influence others to achieve goals and someone who has managerial authority. While from the “Business Dictionary blog”, leader bring the meaning of a person that holds a main or superior position within its field, and is able to put into effect a high level of control over others. Besides that, a leader also is a person who has a vision and a commitment to achieve that vision together with the skills to make it happen. It expresses the leader’s ambitions for the organization and also for itself. Referring to whitestag.org website, a leader is a person who has a vision, a guts and a commitment to achieve the vision, and the skills to make it a reality. For example an employee able to follow orders from the employers which believe has the credibility as a leader, similar to people who obey to their president. Leadership is a common process of motivating individuals and gather up resources in pursuit of goals shared by members of a group, organization or even community.
The definition of a leader is a person who influences people to a common purpose. Mohandas Karamchand Gandhi and Martin Luther King Jr are examples of great leaders who brought about social change through alternative means in the 20th century. Their means were through nonviolent protests of freedom. Gandhi fought for freedom from Great Britain, and King fought for freedom from segregation and equal rights for all Americans.
Tata Steel India operations are taken care of by Mr. T.V Narendran wheras the responsibility of Tata Steel Europe operations falls to Mr Karl Kohler.
A leader is an individual who leads the team with all respect and care, never lets a member of the team to stay behind when all others are moving forward. For instance, during my under graduation days back in India, we were assigned a project to be completed within a span of 25 days. We were a group of 6 individuals, with mutual consent we opted one of our friend to lead the team. The work to be completed was distributed equally among all the members of the team. When one of the individual experienced the difficulty to complete the work, the leader of the team stood ahead and helped him complete his job by motivating him all the time. This was the day, I experienced the characteristic of a true leader in my personal life. Furthermore, leaders
So the discussion on internal and external analysis clearly defines that where the competitive advantage of Ford Motors is and where it is lacking. People who have durability as their first priority will go for Ford but they lack in some of their strategies which the management should consider and work on it. We also came to know that Ford is an innovative company from the very first and also serves local demands with the help of related and supporting industry. But in some points they have taken wrong decisions which compel them to sell some of their brands to others. The good news is they are doing hard job to maintain their performance regarding their star and cash cow products to remain in the competition.
Force Field Analysis is a technique developed my Kurt Lewin (Team Building, 2005). Force Field Analysis is the act of taking a proposed plan or solution and weighing the pros and cons (Force Field, 2005). The two forces in this analysis are the driving forces and the restraining forces. The driving forces are the forces which are affecting the situation in a positive way. They help the plan move forward. Restraining forces decrease the driving forces. Restraining forces are usually obstacles which would prevent the project from moving forward. Force Field Analysis is often used in conjunction with brainstorming.
When we talk about India’s best business leaders we cannot forget the name of Late. Dhirubhai Ambani. He was a person who started his life living in very-very poor society and eventually became the richest man of India. The shortage of money shattered his dreams of education but could not stop him to reach top of the world. As he grew up, he became more vigorous and irrepressible. He was a kind of person who grabbed every opportunity he got and took full advantage from that opportunities. I like and consider him a good leader because i did all this business planning on his own even he was born in a poor family
Ranging from steel, automobiles and software to consumer goods and telecommunications theTATA Group operates in more than 80 companies . It has around 200,000 employees all across India and has the pride to be nation‘s largest private employer. Mr. Ratan N. Tata has led the eminent Tata Group successfully. Mr. Tata was trained as an architect at New York's Cornell University but he chose to enter the family business .He assumed the Chairmanship of the Group in 1991. Named Business Man of the Year for Asia by Forbes in 2004, Mr. Ratan Tata serves on the board of the Ford Foundation and the program board of the Bill & Melinda Gates Foundation's India AIDS initiative. Tata Group chairman Ratan Naval Tata has stepped