StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Managament - Essay Example

Comments (0) Cite this document
Summary
For the effective leadership development, each company should implement the following factors: careful evaluation, suitable audience, proper infrastructure, efficacious learning system and relevant rewarding system (Leskiw & Singh 2007). …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
Managament
Read TextPreview

Extract of sample "Managament"

MANAGEMENT 6 March Outline Strengths and weaknesses Recommendations References Case Study
Strengths and weaknesses
For the effective leadership development, each company should implement the following factors: careful evaluation, suitable audience, proper infrastructure, efficacious learning system and relevant rewarding system (Leskiw & Singh 2007). Leadership strategy helps define how many leaders the company needs, where they should be allocated, what professional skills must be developed and what perspective directions the company’s performance should take (Pasmore 2009).
According to Collins (2004, p. 241), “up-front analysis is the key to making sure that the interventions target the right skills to positively impact organizational performance”. Therefore, a new vice president for human resources at the Federated Industries, Patricia Paterson, has arranged a meeting with the personnel directors of all subsidiaries, which helped identify advantages and drawbacks of implemented leadership strategies. Hence, it has been concluded that the biggest weakness of the engineering company is the fact that due to the absence of particular employees to arrange management training the subsidiary provides only technical training, which can not be enough for the proper leadership development. The company practises external management training. An employee who is interested in promotion needs to make a request for specific seminars and only in case a manager approves it, a worker can be sent to the training. It means that the company does not create any stimulus and encouragements for employees, on the contrary, the staff should consider and plan their development by themselves, which may happen not often. The staff is a dynamic structure that requires constant improvement and the company’s obligation is to create motivational factors and proper conditions for encouraging further development. If the company fails to do this, the collective may stay stagnant, which does not benefit the company’s performance. The strong aspect of the engineering subsidiary is that the company pays partially for the MBA courses that some of the employees take. This is a good motivational factor. However, taking into account that in the most cases after finishing their studying, these employees accept job offers in other companies, it is fair to conclude that the Federated Industries does not provide sufficient opportunities for promotions and growth.
The second subsidiary provides personal coaching, developmental assignments and cross-functional projects for the employees that have been chosen by the managers. Compared to engineering company, the subsidiary that produces consumer goods focuses more on leadership development instead of the leader approach. However, the major weakness of its policy is that all the rest employees except of the small part that has been chosen by managers do not receive any developmental opportunities within the company.
The electronics company offers monthly seminars and external consultations several times a year for the six most talented managers. These employees are the main candidates for promotion; therefore, they are highly motivated. However, other employees may be underestimated due to the executives’ preferences and conflicts regarding their protégés. It may take a lot of time until one of the chosen managers gets a promotion and another worker is selected to take a vacant place of a candidate.
Recommendations
The most imperative leadership development activity that should be implemented in each subsidiary is the 360-degree feedback, which according to Hernez-Broome and Hughes (2004, p. 26) “works best if it starts with executives at the top of an organization and cascades downward throughout the organization”. For the engineering company, it is suggested to provide external coaching. Despite its expensiveness, this method will help in encouraging the staff to improve their skills and saving those workers who care about development and start to search for it in other companies. In addition, the company should review its motivation policy and promotion offers for employees who finish their MBA courses to eliminate leakage of valuable personnel. The subsidiary of consumer goods must implement diversified job assignments for those workers who are not chosen for personal coaching. For the electronics company, it is recommended to provide networks that will improve relations between functional areas and diminish conflicts between executives regarding the choice of the best managers because they will be able to evaluate performance of different workers from other divisions. Project-based learning experiences and manager-facilitated workshops may be of a great help for each of the subsidiaries (Groves 2007). Consequently, taking into account the situation of the Federated Industries, for all three subsidiaries, it is recommended to put greater focus on collective rather than on individual leadership (Petrie, 2011, p. 6).
References
Collins, D & Holton, E 2004, ‘The effectiveness of managerial leadership development programs’, Human Resource Development Quarterly, vol. 15 no. 2, pp. 217-248.
Groves, K S 2007, ‘Integrating leadership development and succession planning best practices’, Journal of Management Development, vol. 26 no. 3, pp. 239 - 260.
Hernez-Broome, G & Hughes, R L 2004, ‘Leadership development: past, present, and future’, Human Resource Planning, vol. 27 no. 1, pp 24-32.
Leskiw, S & Singh, P 2007, ‘Leadership development: learning from best practices’, Leadership & Organization Development Journal, vol. 28 no. 5, pp. 444 – 464.
Pasmore, W 2009, ‘Developing a leadership strategy: a critical ingredient for organizational success’, Center for Creative Leadership, viewed 6 March 2013, http://www.ccl.org/leadership/pdf/research/LeadershipStrategy.pdf.
Petrie, N 2011, ‘Future trends in leadership development’, Center for Creative Leadership, viewed 6 March 2013, http://www.ccl.org/leadership/pdf/research/futureTrends.pdf. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Managament Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Managament Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/management/1616967-managament
(Managament Essay Example | Topics and Well Written Essays - 500 Words)
Managament Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1616967-managament.
“Managament Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1616967-managament.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managament

The Pros and Cons of Nutritional genetic engineering

8 Pages(2000 words)Research Paper

Situational Analysis of Women in Managament

...? “Situational Analysis” Discuss how increasing women’s participation in top management teams can be beneficial for organizations. The importance of a good management team for a good organization In order to have a successful business, an organization must have a management team that is good enough to run the organization efficiently and effectively. It is a difficult process however, for an organization to be successful. The management team must be properly picked out because they have a great deal of roles to play. A good top management team will ensure that things run smoothly in an organization and women are born as caretakers so they know how to go about managing techniques. The goals and mission will be communicated more... “Situational ...
6 Pages(1500 words)Essay

Managament Style

...?Running head: MANAGEMENT STYLE Introduction Management styles entail the entire leadership methods adopted by managers during their day to day activities. Based on the social and cultural diversity in the work places, it is imperative for managers to employ effective techniques of managing their employees in order to ensure that the goals of an organization are attained. There exist divergent types of management styles that includes democratic, autocratic, laissez-faire, paternalistic, informal, participatory and supervisory etc. Depending on organizational setting, a particular style may do well than another. All the above management styles have been summed up by Thepot (2008) in three types of leadership in the management... head:...
7 Pages(1750 words)Essay

Managament. Social Technology and Why Most Changes Fail

...? Management EXECUTIVE SUMMARY Social Technology Social technology is the use of social media to improve the daily activities especially in business transactions, communication, and marketing. Social technology employs the use of social websites that are commonly referred to as social media. Social media is use of sites such as face book, twitter and you tube to upload videos, photos and documents and then sharing them with the world. It can thus be used by companies to sell their products and services by uploading graphical images of their products or describe a wide range of product that they offer. Using the social media to advertise goods and services is cheap because a company needs to create one website and then post its... Management...
6 Pages(1500 words)Article

Managament of Specific Risk Exposures

...Management of Specific Risk Exposures Q a) The construction workers' union objectives The main contention of the workers' union is that since the construction of units were to take place in a contaminated site (even though it would be cleaned), they want the management to assure the union for the safety of their workers. In effect, construction work is temporary and workers have acute insecurity about the quantity of work they will get. They have their own doubts with regard to the person with whom they would be working and also their earnings each year. Workers who work at construction sites do not get ailing days and once they fall sick they are out of work and ultimately no pay. In one current research, 40% of workers appraised...
10 Pages(2500 words)Essay

Recreational Land Use

...Recreational Land Use Recreational land use planning and management are affected by the following: policies, history and current events, changes made over time, and future outlook due to the researches or studies made. Recreational land use planning and management is often associated with the creation of marine protected areas (MPA) or those marine ecosystems with clearly defined boundaries that are legally and effectively managed to achieve balance of nature, utilization of ecosystem services, and cultural values (Gray, Canessa, Rollins, et al., 167). However, MPA often met resistance from local stakeholders. Local stakeholders often resist recreational land use and managament due to legislations that requires the use...
1 Pages(250 words)Article

PHILOSOPHY AND TRADITIONS IN MANAGAMENT RESEARCH

...Critical evaluation Firm under the Philosophical Context of the Free Will Notion IntroductionAll throughout history, philosophers, researchers and individuals have tried to tackle the question of whether there is something known as “free will.” Such extensive studies have revealed several different opinion, definitions, and explanations, but there is no level ground for the arguments or even efforts to reconcile has been found. According to many philosophers, Free will is the ability of certain driving force or agents making choices without hindrance by certain causes existing among available alternatives (OConnor, 2002). Therefore, unavailability of alternatives means that one is not making a free will, but rather un-free... evaluation Firm...
8 Pages(2000 words)Assignment

PHILOSOPHY AND TRADITIONS IN MANAGAMENT RESEARCH

...Philosophy and Traditions in Management Research of the of the Number TABLE OF CONTENTS TABLE OF CONTENTS 2 Introduction: 3 The concept of Free Will: 3 Free will and critical Evaluation of the theories of the firms: 4 Discussion: 4 Principle agent theory and Free Will – 4 Free Will and Transaction Cost theory– 6 Conclusion: 8 References 10 Introduction: The application of “the philosophy of tradition and management” in the perspective of firm’s decision making procedure consists of inquiries concerning rational choice, the assessment of firm’s net outcome, the ontology of economic phenomenon and decision making process. These enquiries are overlapping concept, in many segments it is useful to analyse these procedures in respect... and...
8 Pages(2000 words)Assignment

Ethno Nationalist Terrorism

10 Pages(2500 words)Essay

Broadcast managament

... BROADCAST MNGT. FINAL PAPER Introduction If one takes a close look at the society, one can not help noticing that it should be regarded as one of the essential prerequisites for the development of the inner potential of a human being. Indeed, if it had not been for the presence of other people, a considerable number of characteristic features of our kind would not have emerged. Nevertheless, it is important to point out that prosperous living in the society is also connected to having a secure source of income, namely a job. That is why the economic area of social life is important since it engages people into economic activity and encourages them to work for the good of the society. It is rather obvious that advertising should... BROADCAST...
7 Pages(1750 words)Essay
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 Managament for FREE!

Contact Us