Leading Business Organization

Added on - 03 Dec 2019

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Leading Business Organization
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Theories of motivation.................................................................................................................1Motivating employees at Marks and Spencer’s...........................................................................3TASK 2............................................................................................................................................4Leadership styles.........................................................................................................................4Evaluating Steve Rowe’s leadership style...................................................................................5Determining appropriate leadership style for M&S....................................................................6TASK 3............................................................................................................................................7Organizational Structures............................................................................................................7Contribution of organizational structure to company’s success..................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12
TABLE OF FIGURESFigure 1: Maslow's Need Hierarchy Theory....................................................................................2Figure 2: Herzberg’s Two Factor Theory........................................................................................3Figure 3: Functional Organizational Structure................................................................................7Figure 4: Divisional Structure.........................................................................................................8Figure 5: Matrix Structure...............................................................................................................8
INTRODUCTIONLeadership is a very important aspect of business operations. It is important that it is usedand managed in a proper manner, so that firm can gain the best results and fulfil its goals andobjectives (Osterwalder and Pigneur, 2010). Leadership styles affects motivation of theemployees, organization’s performance, etc. In this study, different ways that can be used byM&S, one of the prominent retail organizations in the world, to motivate its staff. Further ananalysis of leadership style being used by the new CEO Steve Rowe has been done in the report.It explores the possibilities of ways in which M&S’s organizational structure will help it growand contribute to its success.TASK 1Theories of motivationIn order to ensure employees perform to the best of their abilities, their motivation levelsplay a crucial role. Over the years numerous academicians and experts have developed differenttheories and concepts of motivation (DiMaggio, 2009). These principals guide companies on bestways to motivate their employees and enable them to perform to the best of their abilities. One ofthe very popular theory of motivation is the Maslow’s Need Hierarchy. It separates the processof motivating a person into five different stages. Until the preceding stage is completed, the nextstep cannot be performed. According to Maslow, to motivate an individual, the best way is tofollow a certain process. An individual can be motivated to a great extent by following suchstages, as dedication of an employee towards the company is carried out step by step only(Haeckel, 2013).1
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