The development of key ideas in contemporary management and leadership development - Essay Example

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Contemporary Management and Leadership Development Name of Institution Name of Student Development of Key Ideas in Contemporary Management and Leadership Development Over the years, there have been tremendous technological advancements. It is through technological advancement that the concept of globalization did emerge…
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Download file to see previous pages The effects of technology and globalization on various sector of the world’s economy had been satisfying. This is not to forget that sometimes the avenue may also find other inappropriate use. For organizations, there has been pressing need to adjust to such advances. For example, organization leadership has been greatly affected by globalization and technology. This is especially so given that various organizations try to make sure that they implement competitive quality management (Arendt et al., 2005). To do so, leadership and other management positions in many organizations have become highly competitive. Technology and globalization has affected management and leaderships of virtually global organizations in the following ways. Organizations are increasingly looking for very flexible, highly skilled and competent personalities to occupy their leadership positions (Rothstein and Burke, 2010). Strategic Human Resources Management There may be many explanations given to strategic human resource management (S-HRM). Even so, one may notice that irrespective of various definitions the common denominator usually points to the same meaning. S-HRM, therefore, is just the managerial process requiring human resource policies and practices to be linked with strategic objectives of the organization. The importance of a HR strategy is that it can be used as a tool to gain a competitive advantage. It is by that definition a key factor. Using the traditional approach to strategic management, one may observe that a strategic plan attempt to balance how best to utilize resources available in the business environment in order to meet some established desirable outcomes. S-HRM can as such also be seen as a set of managerial decisions and actions that determines how an organization will eventually perform in the long run. In fact, Mintzberg (1994) assert that a strategy defines an organization and reduces ambiguity. Given that organizations do go changes with time, organization development should therefore be approached from a strategic perspective that takes into account all the vital factors that are key to the success of an organization. A strategic management thinking that may impact on the productivity, performance and efficiency of an organization has to take into consideration the following. It should make address: mission and goals, environmental analysis, strategic formulation, strategy implementation and strategy evaluation (Ridderstrale and Nordstrom, 2002). For organizational development, the role and position of the senior management in the organization shall be assessed within the context of organizations missions and goals. The functions and duties of the management should be geared towards achieving the set organization goals, values and objectives. As the management team, they should make sure that they, together with all those who are below them in the organization hierarchy, work towards achieving the organization goals. Goals should be consistent with what the organization does so that every effort and input could be analyzed in line with duties allocated. The goals should be measurable especially in the short term (Bordia et al., 2004). Any decision that the management shall execute in line with organization change or organization development shall take into consideration analysis of internal environment and external environment. As pertains to internal environm ...Download file to see next pagesRead More
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