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Leadership in Business

   

Added on  2023-04-04

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Running head: LEADERSHIP IN BUSINESS
Leadership in Business
Name of the student:
Name of the university:
Author note:

1LEADERSHIP IN BUSINESS
Table of Contents
Assessment task 1:...........................................................................................................................2
Q1: Communication with stakeholders.......................................................................................2
Q2: Linkage between organizational values and its members.....................................................2
Q3: Significance of stakeholders’ expectations...........................................................................3
Q4: Investigation and communication strategy...........................................................................4
Q5: Team building up..................................................................................................................5
Q6: Understanding change..........................................................................................................6
Q7: Support during organizational change..................................................................................6
Q8: Representing the positive image of the organization in media.............................................7
Q9: Demonstrating personal and professional competence.........................................................7
Q10: Strengths and capabilities...................................................................................................8
References......................................................................................................................................12

2LEADERSHIP IN BUSINESS
Assessment task 1:
Q1: Communication with stakeholders
Sim’s Hardware is facing some serious business issue mainly due to ineffective business
management by its ex-CEO. Now, I being the CEO of this Company will ensure that the
organizational mission, visions, goals, objectives, plans and strategies are appropriately known to
its stakeholders. It seems to me a better option to use the emails for regular conversation with the
creditors, directors and the owners if required. In the case of Unions, physical meetings on a
requirement basis should be helpful. Such meetings will be helpful to know their concerns for
their members and communicate the feasibility of their concerns. It gives a good opportunity to
answer all their questions, which should also improve their trust in the employer (Crilly, Hansen
& Zollo, 2016). Employees are very vital for a company’s success (Crilly, Hansen & Zollo,
2016). I being the future CEO of Sim's Hardware will rely more upon communicating minor but
valuable things through emails. I will go for regular meetings with them. Such meetings are a
good source of interactive sessions where the managers and employees can both share their
views on a management decision. The discussion sessions will produce ample feedback, which
could be helpful for the managers in their team handling process (Crilly, Hansen & Zollo, 2016).
Finally, I will take initiatives to improve the “Carbon Footprint” contribution to the Company.
An increased focus will be on corporate social activities to become a responsible business for the
community Sim’s Hardware is working.
Q2: Linkage between organizational values and its members

3LEADERSHIP IN BUSINESS
The linkage between organizational values and its members is very vital for identity and
the image of the Company. Though the organizational identity and the image is subject to
external factors that influence a business, these are interrelated to its organizational culture.
Hence, for a strong and productive linkage between the organizational values and its members,
it is important to have a positive organizational culture (Elsmore, 2017). Therefore, I being the
future CEO of Sim’s Hardware will first try to figure out the cultural challenges in the company.
Once, the challenges are known I can go for its remedial steps. There are a few ways, which can
be very effective in developing a positive organizational culture. These are:
Rewards and Recognition (R&R)should be unbiased and transparent as well;
Performance appraisal should be purely based upon assessing the performance, and not
in terms of power hierarchy and personal relationship with an employee;
Work distribution should be skill-oriented
Q3: Significance of stakeholders’ expectations
Unless there is a good understanding of whom the employees are serving for and what
are their expectations from the business, employee behavior will be less productive (Nejad et al.,
2016). Employees should know what their contributions mean to people who depend directly or
indirectly on a company. I being the future CEO of Sim's Hardware will emphasize addressing
the stakeholders’expectations. The Company I being interviewed into already lags in terms of
good synchronization between organizations' members and the organizational values. Firstly, I
will communicate to the team leads and the team members regarding the management’s
expectations of them. The employees should be aware of their significance in the company and

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