This assignment delves into the crucial aspects of strategic management and leadership. It requires students to analyze core concepts, theories, and frameworks related to both disciplines. The focus is on understanding how these concepts are applied in practical situations, likely involving case studies or organizational analysis.
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Table of Contents INTRODUCTION & BAckground......................................................................................................3 TASK 1.................................................................................................................................................3 Introduction to leadership...........................................................................................................3 Analysing the impact of management and leadership styles in Nexus.......................................3 Evaluate adaption of leadership style in Nexus..........................................................................5 TASK 2.................................................................................................................................................6 2.1 Impact of management and leadership in Nokia and Samsung............................................6 TASK 3.................................................................................................................................................8 Future leadership strategy for Microsoft.....................................................................................8 CONCLUSION....................................................................................................................................9 REFERENCES...................................................................................................................................10 Appendices.........................................................................................................................................11
INTRODUCTION & BACKGROUND Strategic management is the initiating planning, analysing, assessing and monitoring of business activities. It is done to achieve the objectives and goals created by the organisation. Strategies are created to meet the major goal or initiative taken by the management in an organization. Leadership refers to the art of getting work done from subordinates or colleagues in a company (Hill, Jones and Schilling, 2014). It can be termed that it is an action taken by a person who is known as the leader of a respective group. The report sheds light on the strategies taken by a leader in Nexus over the time to meet the objectives of the organisation. TASK 1 Introduction to leadership Strategic management refers formulated and creation of strategies in the organization. It is vital for an organization to create strategies to achieve the goals and objectives of the organization (Simons, 2013). In order to formulate strategies the firm requires assistance of a leadership style or theory. Leadership style are used by a leader who tried to implement strategic change in the organisation. It is the leader who is responsible to achieve the targets created by the top level management. On the other hand management of a company is done by the human resources. It can be said that it is the ability of the leader to bring development and growth in the organisation. Leader will initiate those actions that have to be taken by the employees in order to meet with the deadline of the strategy. He/she will motivate and guide the employees so they can feel attached with the work culture of the company. New strategy can only be created when the firm is able to meet with the deadlines of the old strategies. The leader will make sure to enhance employee participation so that they can adapt themselves with the changing environment (Kapferer, 2012). This is because while implementing strategic options in the organisation, there are many changes that comes along with the same. The employees and staff must be confident enough to understand and achieve the targets set by the top level management. Analysing the impact of management and leadership styles in Nexus Management styles is referred to as the ability of a manager to make decisions or strategies for the organisation. Whereas, leadership style is the quality possessed by a successful leader. They provide direction and help in implementing strategies in the organisation (Eden and Ackermann, 2013). The impact of different management and leadership style on Nexus are discussed below as followed.
Figure1: Leadership style Autocratic style: These leaders and managers make decision alone without including team members or employees in the decision making process of the company. They do not pay much regard to their colleagues as a result only the opinions of the manager are reflected in the decision making process. The impact of this style is very negative on Nexus. Employees feel demotivated as they are not involved in the decision making. Democratic style: In this style the manager and the leaders allow the employees to participative in all the strategic decision taken for the organisation (Slack, 2015). Every decision is taken only when majority of the employees agree by the same. Even in complex situations employees try to associate themselves with the organisation. This is because they feel participative and encouraged to achieve long terms objectives of Nexus. Participative style: A participative leader or manager understands the importance of employee participation. He/she may make decisions by his own choice but considers taking suggestions from the employees. However, participative leadership has a positive impact on the employees as they feel that their opinions matters to the managers or the leader. Persuasive leadership style: In this particular style the manager or the leader share the traits of an autocratic person (Swayne, Duncan and Ginter, 2012). The entire control over the decision making are with the manager or the leader only. The manager or leader will try to persuade or convince employees about the decision made by him/her. This style requires retaining control by influencing employee’s thoughts and ideas.
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Evaluate adaption of leadership style in Nexus. The work culture of each organization is different each firm would require to be governed by a different leadership style format. This is the quality of a leader to adapt their style of leading the organisation as per the demand of different situations (Galliers and Leidner, 2014). It is crucial for a leader to create the most suitable style after examining the potentials and skills of the employees. The below mentioned points describe how leader can adapt leadership style for different situations. Figure2: evaluation adaption of leadership style in Nexus ï‚·Participative style:This style is adapted when the leader wants that every decision must be made by consent. For example, if in Nexus the number of conflict arises due to any reason. The leader will be required to handle the situation with participative style. At many situations like when employees are losing job aspiration and satisfaction. The leader will try to improve participation towards other colleagues. ï‚·Transformational style:This style is mostly used at the time of change management or implementing new strategy in the organization (Armstrong and Taylor, 2014). Many technology oriented company prefer use this style in their system. This is because a transformational leader will try to bring change and transformations in the organization. To achieve goals and objectives of the organization. ï‚·Transactional style:On day to day basis the leader in Nexus will use transactional style in
their workforce. A leader will clarify the task that has to be performed by each employee. At times when he/she is required to delegate authority, transactional style will be used by the leader in Nexus. In situations where the leader is required to bring back the organisation in routine (Rosenbaum-Elliott, Percy and Pervan, 2015). He/she may prefer to stabilize the work force in order to achieve growth and development for Nexus. TASK 2 Impact of management and leadership in Nokia and Samsung Leadership theories are developed to facilitate smooth operations in the organisation. From the above point it is clear that a leader is required to adapt different styles of leadership depending upon the situations. The impact of leadership theory is discussed below. Figure3: Nokia and Samsung and their leadership styles ï‚·Impact of Participative leadership theory on Nokia: The firm believes to involve all the employees and mangers in the decision making process of the company. The firm strikes to recruits those individuals who are committed towards their work (Rothaermel, 2015). As per this theory the leader is required to human resource of the organization in the decision making. It is the manger who will decide and delegate authority in the firm. Hence, he/she will retain entire control over the employees. Moreover, the manager will make sure to increase participation of the employees in the firm as well. In Nokia the manager will propose decision or strategy. He/she then listens to those decisions and feedback. It is then entirely the mangers choice whether to agree or disagree with the suggestion given by the employee. In simple words in Nokia the team proposes array of plans and the team leader takes the final action (Cartwright and Cooper,2012). This factor has been crucial in
increasing the growth of the company all the around world. The impact of this theory is that people particularly in Nokia are less competitive towards each other. When competition among colleagues decreases, positivity among them increases. The employees fell highly moraled to achieve the goals and objective set by Nokia rather than paying heed to personal competition. All the employees along with superiors have better communication among them. This is because the leader makes sure to involve all the employees in the business prospects. Thus, all the individual in Nokia know what is happening in the organisation. They feel motivated and inspired to work under those leaders who understand their value. This way firm is able to retain employees for a longer period (Abdelhak, Grostick and Hanken,2014).Alsointhisstylemorethanonepersonprovidessuggestionthus productivity increase. Nokia is able to strike for improvements in the products. ï‚·Impact of Transformational leadership theory on Samsung:A transformational theory focuses in bringing constant improvements and transformation in the organisation. The leader aims to convince the employees that transformation is to success (Daft, 2014). It is evident in Samsung that the company have strived for innovations. They believe that constantupdatesintechnologywillhelpthembuildbettercustomersatisfaction. A transformational leader will ensure that each strategic options are completely implemented. An employee understands the importance of this change in the organisation. Thus type of leader is highly enthusiast towards the work culture. The employees feel happy to work under such a leader who initiates good quality (Aaker and Joachimsthaler, 2012). Samsung has been able to achieve its vision and mission due to the same style. This is because mangers in Samsung plan ahead for the strategic change. He/she develops vision and motivates the employees to achieve the target and goals of the organisation. Entire work culture at Samsung is hard working because they are always pumped with enthusiasm. The employees strictly follows the rules and norms created by their manager. Transformational leadership theory initiates understanding of empl0tyees needs. This is because the manger will make sure to identify the potentials of their employees before implementing any change in the team or department. Samsung achieves its targets as it driven to work in a better way. The leader will play tactfully by pumping up motivation among the employees. Altogether at many times the leader feels highly overpowered and may influence their judgement on the employees (Avolio and Yammarino, 2013). In the same way the energy that motivates them can be responsible to bring employees productivity down. Transformational leaders care more to achieve the targets for the organization. Thus, they will make sure that all the employees meet their deadline within the given period.
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TASK 3 Future leadership strategy for Microsoft Table1: Future leadership strategy for Microsoft Leadershipdevelopment Methods MentoringCoaching Levels of ManagementMiddle level managementLower level management Outcomesï‚·It will help in increasing leadership skills of all managers. ï‚·Improvementin communicationand motivational skills. ï‚·Improving in leadership skills ï‚·Increasesjob satisfactionin employees. A leadership strategy is created to improve the current situation of the workforce. Microsoft is a leading software provider. It has a huge demand for its products in the market. This is because the internal structure of the firm is built to achieve the objectives and goals of the organization. Currently in Microsoft leaders and managers are using transactional leadership styles (Chhokar, Brodbeck and House, 2013). Where the leader believes that the employees who are hard working achieve their targets must be rewarded in monetary form. The firm motivates employees by providing them incentives or bonuses. It is only for those employees who meet the outstanding demands of the leader, Employees who fail to met their targets feel de-motivated as they are not rewarded. In Microsoft employees work only to get rewarded they do not have accreditation needs. Nor the leader pays attention about the same. The entire focus of the organisation is on group performance and supervision. Transactional leader do not tend to embed change among the employees. This is because they work in a monotonous way to achieve the same targets set by top level management. AccordingtothecurrentsituationMicrosoftrequireschangingitsleadershipstyle. Transformational leadership style is best suited as per the future requirement of the organisation. The firm requires a transition to improve its productivity and performance. This is because the firm is entirely based on producing technology products. This strategy is appropriate as it will inspire and influence employees (Spillane, 2012). Communication in the organization will also improve. This is because the leader will follow a structured pattern of communication in the organization. It can be said that transformational style will improve the productivity as it will change the entire present system used by the organization.Each employee will be able to take initiatives to achieve the goals and objectives of Microsoft.
CONCLUSION It can be said that in order to archive strategies and goals created by the company appropriate leadership style is required. Leader is the person who will hep the organization in meetings its vision and vision. From the above research it is clear that Nexus is required to use authoritative leadership style. Employees are required to compliance with the aim created by the company. This can only be done when the team leaders and managers will inspire and enhance their skills. Thus, it can be concluded that leaders play a vital role in shaping the workforce and culture of the organization.
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