Leadership Styles and Strategies in Leading Business Organisations
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This report covers reflection upon leadership for aspiring leaders, servant leadership, critical evaluation of KJ's leadership, KJ's personal brand, and recommendation for leading business organisations.
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Leading Business Organisations
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Table of Contents INTRODUCTION...........................................................................................................................1 REFLECTIVE STATEMENT (Leadership for Aspiring Leaders).................................................1 TASK1.............................................................................................................................................1 Fundamental Questions..........................................................................................................1 Key Aspects............................................................................................................................1 Leadership Theory..................................................................................................................1 Leadership Styles....................................................................................................................1 Understanding of Leadership Approaches.............................................................................2 TASK 2............................................................................................................................................2 Organisation's Mission and Vision.........................................................................................2 Contribution towards Mission and Vision..............................................................................2 Contribution of Leaders..........................................................................................................2 Contribution of Stakeholders..................................................................................................2 Evaluation of Contributions...................................................................................................3 TASK 3............................................................................................................................................3 Leadership Strategy................................................................................................................3 Change Leadership.................................................................................................................3 Organisational Potential.........................................................................................................3 Business Context....................................................................................................................3 Broad Range of Leadership Strategies...................................................................................3 TASK 4............................................................................................................................................4 Motivation Theory..................................................................................................................4 Categories of Motivational Theories......................................................................................4 Contemporary Term for Employee Motivation......................................................................4 Appreciative Inquiry Technique.............................................................................................4 Critical Evaluation of Motivational Theories.........................................................................4 TASK 5............................................................................................................................................5 Power Point Presentation.................................................................................................................5 MANAGEMENT REPORT............................................................................................................8 Introduction............................................................................................................................8
Main body...............................................................................................................................8 Servant leadership..................................................................................................................8 Critical evaluation of K J's leadership....................................................................................9 KJ's personal brand...............................................................................................................10 Two recommendation...........................................................................................................11 CONCLUSION..............................................................................................................................12 REFERENCES..............................................................................................................................13
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INTRODUCTION Within business world, it is vital to lead organisation as this find the most challenging organisational problems that leaders face as well as facilitates harder facts as well as bigger ideas (Bolman and Deal2017). This report covers reflection upon leadership for aspiring leaders. Moreover, the management report that includes servant leadership, critical evaluation of KJ's leadership, KJ's personal brand and recommendation are also discussed in this report. REFLECTIVE STATEMENT (Leadership for Aspiring Leaders) TASK1 Fundamental Questions There are various questionnaires that a leader have to ask by itself. Few of these questions are discussed underneath: ļ·How best can forthcoming time be expected as well as firm can be become competent for this? ļ·What exactly needs to be improvised to leads an organisation ahead? Key Aspects The two key aspects of leadership are:ļ·Integrity: It is considered as the vital key aspects as it is related with transparency, faith as well as honesty that have to be reflected through the action's of leadership. ļ·Vision: It is considered as the long term objectives that an individuals developed for an organisation as well as motivates the personnel to focus and attain that. Leadership Theory Leadership theory is regarded as a discipline that concentrates upon finding what develops leader to become successful. Also, this shows practices and process that effective leaders opt to excel into work area(Cavusgil and et. al., 2014). In respect to principles into leadership theory aids to become efficacious leaders according to organisational needs. Leadership Styles There are many leadership style which are need to be opt through leaders into present business surroundings. Few are discussed below: 1
ļ·Transformational leadership style: Difficult as well as uncertain atmosphere needs a vision are to be developed to create functions easier for personnel. So, this style is essential to adopt. ļ·Situational leadership style: As surroundings is not certain so situational leadership style is vital to opt as this helps leaders to perform as per circumstances. Understanding of Leadership Approaches This is vital that ambitious leaders effectively understand various leadership approach as different circumstances needs leaders to act consequently for which leaders have to to understand as well as opt an appropriate leadership approach(Dartey-Baah, 2015). TASK 2 Organisation's Mission and Vision Organisation's vision is associated to their futuristics position, to which an organisation see themselves in upcoming time. Organisation's mission is concentrated on techniques and procedures which are vital for attaining its vision. Contribution towards Mission and Vision People into firm plays vital role in development of mission as well as vision. For example, it make plans as how to set plan of action so that it can be attained. Also, overall functions and practices towards organisation's mission and vision are performed through their staff. Contribution of Leaders Leaders develops specific strategies as well as plans that creates a direction for the staff of company towards their mission and vision. Also, it inspire the personnel in respect to attain a effective standards towards its performance for accomplishing organisational vision and mission. Contribution of Stakeholders Stakeholders has an effective influences upon organisation's performance. They are accountabletowardsdevelopingspecificpoliciesoffirmthatisvitalinordertoattain organisational mission and vision(Day,2014). 2
Evaluation of Contributions Leaders are considered as an individuals who are needed to witness as well as assess contribution of all person into firm. This is vital in respect of organisation's vision and mission as leaders will be evaluating the whole organisational performance based upon persons contribution . This needs to be evaluated as well as motivated to leads performance of business. TASK 3 Leadership Strategy Leadership strategy is considered as ones within which various process as well as tactics are formulated through leader in respect to drives organisation towards attaining competitive edge and sustainability into marketplace efficaciously(Engel-brecht, Heine and Mahembe, 2017). Change Leadership Change leadership is considered as the abilities into leader for influencing persons into firm to develop an efficacious surroundings for adapting modification into organisational structure or functions. It is attained by formulation of vision and communication. Organisational Potential Organisational potential considered an efficaciousness of an organisation in respect to attaining their entities objectives successfully. Also, it is focused towards ability as well as efficiency of firm's resources towards obtaining an edge and sustainability into competitive market. Business Context Business context is regarded as an efficacious examination as well as understanding of variousfactorsthathasaneffectiveinfluencesuponanorganisationfromwell-defined perspective that represents their decision making as well as ascertains their plan of action and vision (Define the Business Context,2019). Broad Range of Leadership Strategies Leader have to increase the scope of development into firm's various scenarios that is natural as surroundings of business is dynamic. Thus, getting knowledge about board range of 3
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leadership strategies will aids to maximise the scope of leaders functions throughout various context of business. TASK 4 Motivation Theory Motivational theory is considered as the overall process as well as activities that are adapted through persons and influence them to perform towards attaining a particular results or organisational objective. Categories of Motivational Theories There are mainly two categories of motivational theories which are: ļ·Content theories: This is also considered as the theories of needs that ascertains factors which encourage individuals. ļ·Process theories: This is regarded as the theories that identify how individuals get encouraged. Contemporary Term for Employee Motivation The contemporary term which is utilised for staff motivation are performance appraisal, rewards and others(Erasmus,Strydom and Rudansky-Kloppers, 2016). These may be utilised through entities for its staff motivation so athat it can get attached towards business. Appreciative Inquiry Technique Appreciative inquiry technique is regarded as an approach for change managementthat focuses on ascertaining the aspects which are performing effectively as well as how to develop that procedures in future. Individuals attention plays vital role in this context as firm will develop on that sided where there is more focused. Critical Evaluation of Motivational Theories Criticalevaluationofvariousmotivationaltheoriesthroughleadersincontextof organisation is associated with fact that there are several person who perform into firm within various company(Follett,2013). Thus, for instance these evaluation will direct leaders in adapting as well as using effective motivational theory. 4
TASK 5 Power Point Presentation 5
6
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MANAGEMENT REPORT Introduction Leadership is regarded as act to guide, encourage as well as inspire person into organisation in respect of attaining their objectives. Moreover, this is highly efficacious practices where firm will be needed for assuring that effective motivation and effective path are developed for people to perform that will enhance its competence(Harris,2013). Also, leadership style is considered as the way as well as approach of facilitating guidance, executing plans as well as encouraging individuals. The management report is based on critical evaluation of President & Chief Executive Officer of Starbuck's leadership style. This report covers servant leadership style andchallengesrelatedwithVUCAenvironment,criticalevaluationofKelvinJonshon's leadershipstyleandpersonalbrandofKelvinJohnson.Apartfromthis,facilitatestwo recommendation related to this. Main body Servant leadership This is mainly generated from an essay named as āThe servant leaderā that is written through Robert green leaf in year 1970. into this, Green leaf's theory was organisational leadership traditional pyramids that have to be flipped upside down describing that leadership have to facilitate support for an individuals who are performing the task rather than staff facilitating for leadership.Servant leadership is considered as the philosophy of leadership where the main aim of leaders is to serve. Mainly, it is distinguished from traditional leadership in which the leader's main concern is to thrive of its organisation(Jansen,2017). Moreover, servant leaders are that person who are competent to drive with a fundamental concentration, placing requirements of another individuals before its own. This kinds of leadership generally extent beyond firm atmosphere for reaching every one who is related with this. The aim of this may be summed up as empowering its staff as well as keep them happy. Respective leadership style outcomes into staff with huge commitment to organisationas well as very much enthusiasm and energetic for keeping clients happy. So, for attaining this it has to give up few authority as well as advantage . This is a selfish approach which often stems from deep views of religious but this may be a secular approach too. Instead of particular set of policies, the respective leadership is whole about behaviour with that they can approach its management role. 8
For example: Cheryl Bachelder, she is the founder of Popeyes Louisiana Kitchen. It is the struggling restaurant chain required assistances. Their stock has sunk from a peak ofĀ£34 per share in year 2002. moreover, she become a good servant leader through being courageous by establishing objectives which is combined with humble offerings of another people in its journey (The CEO of Popeyes says becoming a 'servant leader' helped her turn around the struggling restaurant chain,2015). There are various challenges which Servant leaders have to face while practising it. This isnot for the heart faint, despite few individuals conception that this is not indirect as well as soft. This consider as real strengths of character as well as effective network of support for servant leader for delivering positive outcomes. In addition to this, the more difficulties as well as challenges faced by servant leadership are traditional organisational structure where CEO's develops overall decisions, communicate that decisions to subordinates. The main difficulties with this particular leadership is that, its leaders should sublimate its egos. The other issues with this leadership is that they may creates staff less encouraged which outcomes negatively. Critical evaluation of K J's leadership Kevin Johnson's who is the president as well as chief executive officer for Starbucks. As per the given case study, the Kevin Johnson adopt the servant leadership style due to which he can able to carries out the human connection legacy, leading firm's core strategies for its business development. As stated into Forbes magazines, Starbuck CEO, Kevin Johnson is known as an effective servant leader, servant leadership is whole about offering a high intention as well as in case its higher intention is recognised through everyone into company. For an efficacious leader, it is essential that all the staff will perform to obtain firm objectives. The main characteristics of servantleaderisempowerment,emotionalhealing,conceptualizing,innovativevaluefor community and many more. He joined Starbuck in year 2009 and in year 2017 he was appointed as a CEO as well as presidentand make the Starbucks an international brand. Starbucks may take pride in its name as well as brand so that all performs their will feel proud as part of this. It have various loyal consumers in comparison to various enterprises. Also, his company Starbucks have been worked to enhance customer satisfaction and loyalty as well as also opened up their mobile order application to person who are not member of their rewards session and also spread their delivery services to about 25% of their 8000 firm which is operated stores within U.S. In addition to this, 9
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he has invested to run its new Princi Italian bakery location outside Italy so that they can sell their goods into Roastery as well as reserves stores. Moreover, within year 2018, his firm Starbuck was considered as the fifth most admired organisation internationally. It have also appeared on Forbes, best employers for women, top graded companies of 2018. Moreover, currently Starbucks firm announced that they has above 8000 firm who owned stores within U.S. Also, the respective leaders had stabilised its firm that is Starbuck in terms of earning per share targeted growth of 15% to 20%. In addition to this, through their ethical consideration he developed a stronger performance some of their example are it is committed to aids clients to improved nutritional choices through developing commitment to minimise sugar by 25%into their indulgent beverages by 2020 within any new syrups. In addition to this, he had enhances their growth of around 5% into U.S. As well as miss their targeted which is a negative sign for them. They are also responses to radical discrimination incident within 13 April, 2018. This particular case is considered a negative element. He has also closed all the 379 Stores of Teavana into U.S. that outcomes the underperformance. Starbuckscontinuestodeveloptheircorporatesocialresponsibilitypracticesfor addressingtheconcernsofvariousgroupsofit.Themainstakeholdersofitarestaff, clients, ,suppliers, investors and governments. Among all these some views his leadership style as a positively as well as negatively. As he opt servant leadership so the employees working their are viewed it as positive way as they do feel that they are their superior support them very much in respect of their work. For example: In case of ethical consideration that is response to radical discrimination incident. KJ's personal brand Kevin Johnson has strong personal brand as an effective global leader due to following reasons: Johnson is not afraid to make big change- In order to work in corporate world, Johnson believes in taking big risk so that positive outcomes can be gained in an effective and efficient manner. As being CEO of recognised coffee i.e. Starbucks, Johnson never afraid in making big changes for their business. When he left Microsoft organisation, economy of US was at worst situation. During that time, Lehman Brothers were also collapsed in 2008 so it was clear to bring changes in order to survive and sustain at marketplace. In such condition, Johnson managed and handled unexpected changes took place at market and tackle situation in best possible manner 10
(Kim and Mauborgne, 2014). If changes are not made then it is too late to survive and sustain at market place. He also made 100 day plan in advance before he took office. He has adopted strategy where he made investment ofhis time and people to connect with him. Johnson has focused on leadership team, key customers, partners, board, investors and employees in best possible manner. From the very first day, he started making alteration to be happened in business. Johnson Prioritizes Employees- A colleagues named as Brad Brooks who worked with Johnson during Microsoft and Juniper Networks. He focused on encouraging employees in order to become part of company's growth. The main aim of Johnson is to improve their employees in proper manner so that they can perform work and achieve business goal and objectives(Klettner, Clarke and Boersma, 2014). It is very important to give importance to employees so that they get attached to business and achieve positive outcomes. Johnson consider technology as a crucial part of his business-He started his career as an engineer at IBM, but he didn't consider himself as a techie. He has effective leadership roles in marketing as well as sales which involved him in working closely along with tech focused group or teams at his workplace (3 ways CEO Kevin Johnsonās leadership style could shape Starbucks,2019). At that place he showed his effectiveness in technology which lead to business growth which he mentioned in a post of Starbucks website. Johnson also consider himself responsible for every situation for his team, so he always try to be innovative as well as creative through their products and technologies which help him in becoming effective leader at the marketplace (3 ways CEO Kevin Johnsonās leadership style could shape Starbucks.2019). Two recommendation The major recommendation for the Starbucks that they are under the pressure of an increase in crowed coffee market and they favour to consume from the lower priced rivals that offers better quality of coffee. Respective issue in front of Starbucks hinders their self interest. So first and foremost factor that they have to improve for gaining competitive advantage is to position their product and build for every range of consumers so that they can reach at large no. of consumer base. Also they have to enter into the mind of consumers to become a leader by using their existing products and services(Laureani and Antony, 2017). They can also create new category of products or services in which they currently not operating by looking a niche market that are lack in their categories of products. The general rule is to start on focusing on 11
specific need of consumers and work on it to provide it in proper manner to the ultimate consumers. It has been realized that there are no. of coffee lovers who are unhappy with the available options that are provided by the Starbucks so it is recommended that they look towards the naturally process, authentic coffee beverages in order to enlarge business opportunities positively. The another recommendation is that Starbucks have to work more efficiently to make their staff happy as well as satisfied. For instance,, they have to provide them more rewards as well as recognition to them as per their performance and work. It will allows them to fulfil its requirements. In addition to this, also they have to focused upon the strategies which is helpful for them to keep staff motivated and this will outcomes in more profitability and productivity. Also, this will maximising their brand loyalty as respective company staff are inspired to work in effective and efficient manner. CONCLUSION As per the above report, this have been concluded that style of leadership are vital to be opted through person for assuring organisational performance development. The leadership theories as well as key aspects along with leaders contribution into attaining firm's mission and vision are needs to be examined for understanding leaders operations as well as concepts. Also, strategies and motivational theories aids in ascertaining its performance. Self evaluation is associated to leadership assist to ascertain as which professional development is needed through person for becoming successful leader. Moreover, the servant leadership is distinguished from traditional leadership in which the leader's main concern is to thrive of its organisation. This style will aids them empowering its staff as well as keep them happy. Kevin Johnson has strong personal brand as an effective global leader asJohnson is not afraid to make big change, Johnson Prioritizes Employees and many others. All these assists them to become efficacious leaders effectively and successful. Also, the leadership style of Kevin Jonson's is positive as well as negative for some stakeholders such as customers, government, suppliers and many others. Moreover, some recommendation are provided to the respective company that they have to make tehir staff happy as well as satisfied and so on. 12
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REFERENCES Books and journal Bolman, L. G. and Deal, T. E., 2017.Reframing organizations: Artistry, choice, and leadership. John Wiley & Sons. Cavusgil, S. T. and et. al., 2014.International business. Pearson Australia. Dartey-Baah,K.,2015.Resilientleadership:Atransformational-transactionalleadership mix.Journal of Global Responsibility.6(1). pp.99-112. Day, D. V. ed., 2014.The Oxford handbook of leadership and organizations. Oxford Library of Psychology. Engelbrecht, A. S., Heine, G. and Mahembe, B., 2017. Integrity, ethical leadership, trust and work engagement.Leadership & Organization Development Journal.38(3). pp.368- 379. Erasmus, B., Strydom, J. W. and Rudansky-Kloppers, S. eds., 2016.Introduction to business management. Oxford University Press Southern Africa. Follett, M. P., 2013.Freedom and co-ordination (RLE: Organizations): lectures in business organization. Routledge. Harris, A., 2013.Distributed school leadership: Developing tomorrow's leaders. Routledge. Jansen, W., 2017.New business models for the knowledge economy. Routledge. Kim, W. C. and Mauborgne, R., 2014. The four pillars of blue ocean leadership.Blue Ocean Leadership Series.pp.1-4. Klettner, A., Clarke, T. and Boersma, M., 2014. The governance of corporate sustainability: Empirical insights into the development, leadership and implementation of responsible business strategy.Journal of Business Ethics.122(1). pp.145-165. Laureani, A. and Antony, J., 2017. Leadership characteristics for lean six sigma.Total Quality Management & Business Excellence.28(3-4). pp.405-426. Leitch,C.M.andVolery,T.,2017.Entrepreneurialleadership:Insightsand directions.International Small Business Journal.35(2). pp.147-156. Tideman, S. G., Arts, M. C. and Zandee, D. P., 2013. Sustainable leadership: Towards a workable definition.Journal of Corporate Citizenship.(49). pp.17-33. Zerfass,A.,VerÄiÄ,D.andWiesenberg,M.,2016.ManagingCEOcommunicationand positioning: A cross-national study among corporate communication leaders.Journal of communication management.20(1). pp.37-55. Online DefinetheBusinessContext.2019.[Online]AvailableThrough: <https://www.businesswire.com/news/home/20180201006534/en/Define-Business- Context-Needed-Complete-Strategic-Initiatives> The CEO of Popeyes says becoming a 'servant leader' helped her turn around the struggling restaurantchain.2015.[Online]Available Through:<https://www.businessinsider.in/The-CEO-of-Popeyes-says-becoming-a- servant-leader-helped-her-turn-around-the-struggling-restaurant-chain/articleshow/ 46679003.cms> 3 ways CEO Kevin Johnsonās leadership style could shape Starbucks.2019. [Online]. Available through:<https://www.cnbc.com/2017/04/03/3-things-you-need-to-know-about-new- starbucks-ceo-kevin-johnson.html>. 13