Harvard Business Review Article - Essay Example

Comments (1) Cite this document
Effective strategic leadership is essential for the survival and prosperity of any corporate firm as it determines the outcomes of the various relationships and negotiations of the company (Lynch, 2008, p.59-131).
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Harvard Business Review Article
Read TextPreview

Extract of sample "Harvard Business Review Article"

Download file to see previous pages Following seven key lessons will emphasize on the significant aspects of effective strategic leadership as learnt and comprehended by a student.
Key Lesson 1: Maintaining Effective Communication
Communication of the organization's purpose is one of the most vital aspects to be considered. A corporate organization's purpose of being is what it stands for and gives an overview of the main aims it wants to achieve. So, it is essential for effective strategic leadership of a corporate organization to state clearly its mission and vision. This can be explained lucidly by the mission statement of Google, which is to organize all the information in the world in a systematic manner so that it can be accessed and utilized universally. Moreover, the brand name of a company should be a direct reflection of its core values, so that the customers would be aware of the services being provided and being attracted to avail them at the same time. Richard Reed, Co-founder of Innocent, did an exceptional job at coming up with the brand name. Innocent; which is one of the most recognized and acclaimed brand in the UK, produces healthy fruit juices and food items only. The company's name, Innocent goes hand in hand with the word natural, which depicts the very nature of innocent products.
Key Lesson 2: Sustaining Competitive Market Advantage
Another important lesson is to sustain competitive advantage in the market over the passage of time. Skimming, price war, and predatory pricing etc. are some of the marketing techniques which could be utilized by the company to sustain the advantage or to drive their competitors out of the market completely. If this upper-hand advantage is not achieved and sustained, a company could face serious consequences, which reflect adversely on its strategic leadership policies. The downfall of PepsiCo is one of the examples of this scenario as Indra Nooyi, the current chairman and CEO of PepsiCo, is facing a loss of market shares and decreasing stock values due to failure at sustaining competitive advantage with rival beverage company Coca Cola. In an announcement made in February, 2012, it was revealed that due to its financial concerns, PepsiCo is cutting down 8,700 employees. The company is starting new lines of diet soda and sugar free products to increase the customer interest but this strategy has not been very successful due to the launch of similar product lines from rival companies. PepsiCo is trying to devise new product lines in order to obtain competitive market advantage so that it can be successful in the market again. Indra Noooyi is also feared to be terminated from her current position of the CEO of the company if the financial position of the company does not stabilize. Key Lesson 3: Effective Change Management Faslane Naval Base was run entirely by the Ministry of Defence of UK and the Royal Navy up until 2002. Afterwards, a contract was signed with Babcock Marine to reduce the cost and to improve operational efficiency. The staff had to work under a different managing authority with new aims and futuristic goals. John Howie, director of Babcock Marine, set forth the emphasis on delivering services to the Navy, eradicating the previous goals of focusing on building infrastructures. Effective strategic leadership could never be achieved without efficient and timely change management in the organization. Faslane is an organization where the only assets are the people, so to implement change, the shackles which bound the workers, had to be eliminated. Starting with low level managerial changes, the company moved towards gaining efficiency by re-engineering fundamental processes to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Harvard Business Review Article Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from https://studentshare.org/business/1398873-harvard-business-review-article
(Harvard Business Review Article Essay Example | Topics and Well Written Essays - 2500 Words)
“Harvard Business Review Article Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/business/1398873-harvard-business-review-article.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
helga37 added comment 9 months ago
Student rated this paper as
The topic of "Harvard Business Review Article" was impossible to find. I spent countless hours to find it. Here at StudentShare, I got the finest sample. Many thanks!

CHECK THESE SAMPLES OF Harvard Business Review Article

Article Review

...? Article Review The essay aims to address a two-fold objective to wit to summarize the article; and(2) to critique the article. Article Review Summary General Information. The article compared the preparation of Allied Health Practitioners for management positions to a box. Employees are unable to reach their maximum potential because institutions enclose them in a box that limits their improvement. Among the examples are allied health professions in physical therapy, occupational therapy, medical technology, nutritional science, diagnostic imaging specialties, and speech-language pathology (Bender, 2005, 364). Job levels limit allied health practitioners to fulfill the staff-level clinical roles....
3 Pages(750 words)Article

Article review

... Article review on improving service Employees in a company have the responsibility of ensuring satisfaction, which is a crucial key for the success of the enterprise. This is the argument laid out in the article and it goes a step further to illustrate how to go about training staff on the skill set. The training offers ground for all the employees to familiarize with each other from the most subordinate to the senior most staff. Richard states the value of equipping the staff with the ability to handle customers in the most efficient way possible without resolving to conflict or strife. He emphasizes on the allowing the staff the freedom to execute their duties with innate wisdom rather than following a set of rules laid out... by the...
3 Pages(750 words)Article

Article Review

...modifying business environments. The previous three models of strategic change were based on the preferred methods indicating how companies can bring about fundamental changes in their work in the best manner. The first model emphasized almost exclusively over the senior management for the planning and implementation of change. This planning oriented model had several issues in the implementation phase of the planned change, such as time, speed, resources, etc. which were often found to be inadequate in comparison with the previously considered options during the planning phase. Also, the middle managers were often not committed to the planned change since they were not involved in the planning process and thereby, have...
3 Pages(750 words)Article

Article Review

...and ensuring that the right security parameters where in place. Furthermore, because the banks were not able to handle the needs of the clients, it was an opportunity for a new industry to emerge; and Safaricom has the right tools, market, and capabilities to answer the pressing demand of the people. But more than just the market, demand, and technology, what made the mobile-money transfer even more successful is that it has the right balance of additional elements: partnership with banks—which of course is crucial because they are after all endeavouring in the ‘moving-money’ business; support from partnered agents who are willing to risk moving large amounts of cash around; simple marketing plan that they were readily...
2 Pages(500 words)Article

Article review

...?Post-modern feminism is one of the critical aspects that has dominated the society for past decades. Feminism is defined as accumulation of events that is aimed to improve, define and establish women’s rights in different parts of society. In Melissa Wright’s work, Geography and Gender: Feminism and feeling of justice, Wright argues that that the political and geographic spheres that women reside play a critical role towards the progress or defoliation of feminism itself. Feminism is essential in this context because it propagates for women’s justice in different geographical domains. It is critical to understand that geographies wide and pave the way for feminism to harness and grow. One cannot diminish the fact that investments...
1 Pages(250 words)Article

What Makes a Leader Harvard Business Review

...? What Makes a Leader? Affiliation: Article Review Reference: Goleman, D. (2003). What Makes a Leader? Harvard Business Review. Summary: All corporations in the world are headed by various classes of authority within their core operations. A company needs authority and people to make critical decisions and strategize on the company’s future. However, in any given company, various authoritative levels exist in the likes of executives, production and sales managers, the human resource management, and quality control. For each of these classes of authority, job descriptions hat define the duties of that specific entity and his area of expertise come handy. While all these...
3 Pages(750 words)Article


...Article Review The article “Knowledge, Reservations, or Promise A Media Effects Model for Public Perceptions of Science and Technology” by Nisbet, Scheufele, Shanahan, Moy, Brossard and Lewenstein (2002) centers on the effect of media on science and technology. Going by the size of audience the size of audience, television renders greater impact of scientific reservations and influence on such perceptions. After a large-scale review of the works of previous researchers, one might infer that two kinds of relations are already established in different literatures. First, use of media affect the relationship between the demographic variables and variables of scientific knowledge. Second, these knowledge...
2 Pages(500 words)Article

Article Review

...Article Review of the Education of the Concerned January 15, Article Review Research Study under Consideration Bhagwanji, Y., & McCollum, J.A. (1998). Parent Involvement in Preschool Programs for Children at Risk for Academic Failure. Infant-Toddler Intervention: The Transdisciplinary Journal, 8(1), 53-66. Stated Purpose of Investigation The stated purpose of the study under consideration was to have an insight into and investigate the link and association between the educations of preschool children and the commensurate family demographic factors Research Design and Methods The research methodology primarily resorted to in this case tends to be quantitative in its approach and design. Thereby the research benefits over... Review of the ...
3 Pages(750 words)Article

Review article

... Article review The article by Jerry F. Feldman and Marian N. Hoyle discusses the mutation and genetic makeup of the Neurospora Crasa which have altered the lengths of their circadian rhythm of conidiation (Feldman and Hoyle 613). The focus of the article is to evaluate the role of change in the DNA of nearly all the phyla of eukaryotes including the protozoa and other microorganism. The circadian rhythms have been identified in the phyla. However, there are several complex processes that could be evaluated in the process to understand the basic requirements of the rhythms and its occurrence. The methods of evaluation from the circadian rhythms are illustrated through the article with the results and discussions being used to draw...
1 Pages(250 words)Article

Article Review

... Workability of the British government’s plan Even though the prime minister insists on his fiscal plan for the year, the forecast for the gross domestic product of the country for the fiscal year 2013-14 seems to drop by 6.3 per cent lower than as was expected in June 2010 when the government promised to raise it. The prime minister claims that, because the total deficit of the country had been paid quarterly, the plan had begun to work well and would not bow to any advice to turn his mind. Other facts from the treasury and the Institute for Fiscal Studies continue to disapprove the workability of this coalition government’s plan by giving evidence that the borrowing level might increase this year than it was in 2011-12... Workability of...
1 Pages(250 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Harvard Business Review Article for FREE!

Contact Us