Leadership Theories and Business Success
Added on 2020-03-16
13 Pages4687 Words54 Views
Leadership ManagementProfessional Development
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Running Head: LEADERSHIP IN BUSINESS 1Leadership in business<Student ID><Student Name><University Name>
LEADERSHIP IN BUSINESS2ContentsIntroduction:....................................................................................................................................3Compare and contrast between the three leaders.............................................................................4Impacts of leadership in organization..............................................................................................8Andrew Mackenzie......................................................................................................................8Rob Scott......................................................................................................................................8Andy Penn....................................................................................................................................8Organizational issues faced by:.......................................................................................................9Andrew Mackenzie......................................................................................................................9Rob Scott......................................................................................................................................9Andy Penn..................................................................................................................................10Conclusion:....................................................................................................................................10References......................................................................................................................................10
LEADERSHIP IN BUSINESS3Introduction:The aim of this study is to understand the way in which the various CEOs of Australiaanalyze the leadership approaches and the way in which they efficiently manage the workplaceand the employees of the business which helps to increase the overall efficiency andeffectiveness of the organization. In this project, the first interview is about Andrew Mackenziewho is the CEO of the BHP Billiton Limited and BHP Billiton Plc in Australia. The secondinterview is all about Rob Scott who is the CEO of Wesfarmers in Australia. Lastly, the thirdinterview session is about Andy Penn who is the CEO of Telstra in Australia. It is interesting toknow about the views and opinions of these three famous personalities.In their life, they have struggled and worked hard to achieve success and fame. Thestrong determination and vision have helped them in developing their business from a low scaleto a high level business. As per Arain, et al, by implementing good leadership qualities, thesefamous personalities have set and achieved challenging goals with the help of swift action and byinspiring the employees to perform well (Arain, et al., 2017). They have maintained honesty,integrity, hard work; trust and ethics which have helped them earn the right to be responsible forthe success of the company. Even though they have faced many ups and downs in the course oflife, they never thought of stopping and turning back. Instead, they utilized their time and energyin searching the right resources and manpower for their companies. The above mentioned CEOshave not just reached the CEO positions directly without any hard work or struggle (Arsezen-Otamis, Arikan-Saltik & Babacan, 2015). They have reached this level by facing many breakdowns in their life and by crossingnumerous hurdles. Their dedication and hard work has made them who they are now. It was notan easy journey for these renowned people who have reached this stage. They have alwayslistened to their staff members and responded to their questions and concerns with all dignity andsincerity. They have achieved the new levels of success with the help of effective and clearcommunication skills (Baldarelli & Del Baldo, 2016). They have always looked at where thecompany is headed and accordingly planned the steps needed to reach success. By visualizingwhat is possible, following the industry trends and by taking various risks to grow the business,these dignitaries have finally reached this position. The unique thinking and decision makingprocess of these famous people is what makes them stand out from the others. They have aworkforce which have endless amounts of energy, which stay focused and encouraged in their
LEADERSHIP IN BUSINESS4work. So, in order to motivate and encourage the younger youths and individuals of the country,the interviews of these three renowned people were taken (Baxter & Al-A'ali, 2014). They are asource of inspiration to the individuals of the country that can learn from the struggles and hardwork of these three people and reach new level of success in order to fulfill their dreams. Compare and contrast between the three leadersThe work team of the BHP Billiton Limited has done exposure-reduction projectsincluding innovation and use of new technologies in order to establish their fame and name inAustralia. The company is an Anglo-Australian multinational mining, petroleum and metalscompany that is stationed in Melbourne, Australia. The CEO, Andrew Mackenzie said in regardsto the historical backdrop of the organization in the meeting as indicated by which theorganization was framed with the merger between two little mining organizations BHP andBilliton. It started in Broken Hill, Australia where the Broken Hill Proprietary's (BHP) startedwith a silver, lead and zincs mine. Afterward, fused in 1885, the BHP began the revelation,improvement, generation and promoting of iron mineral, copper, oil and gas, precious stones,lead, zinc, silver and other scope of common assets. Correspondingly, Billiton started itsexcursion in 1851 with a tin mine on a little known island in Indonesia, Billiton Island.Afterward, Billiton turned into a worldwide pioneer in the metals and mining division and anoteworthy aluminum, chrome and manganese metals, combinations, steaming coal, titaniumand nickel minerals maker. Be that as it may, today, after the mergence in the year 2001, theorganization is a world pioneer in the expanded assets industry (Blakeley, 2015). The workforceof the organization is focused on working with uprightness and code of business lead thatparticularly denies taking part in untrustworthy conduct of any kind. Working with integrity anddoing what is right is one of the key to the success of the company. The team cares about theresults in the same way how the results are achieved. By demonstrating these values throughactions, systems and interactions, the manpower of the company has successfully been deliveringthe company’s commitments to their shareholders, employees and host communities. Thecompany has grown and expanded around the world with growing pains in developing the brandname (Brandt, 2016).As per Cappelli, et al, with the presence and functionality of the company in Africa,Europe, North and South America, Asia and of course Australia, the company has managed to
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