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Leadership Assignment - Leading Business Organizations

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Added on  2020-06-06

Leadership Assignment - Leading Business Organizations

   Added on 2020-06-06

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Leading BusinessOrganisations
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Table of ContentsINTRODUCTION...........................................................................................................................3PART A...........................................................................................................................................3(1) Critical discussion on leadership theories and models..........................................................3(2) Leadership styles of Philip Clarke and David Lewis............................................................5(3) Motivational theory that should be used by the leader of TESCo.........................................7PART B..........................................................................................................................................10Covered in PPT.........................................................................................................................10CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................10.......................................................................................................................................................12
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INTRODUCTIONLeadership can be defined as a practice of instructing or guiding others so that they cancontribute in the achievement of set goals of firm. A leader is that person who motivates, guidesor instructs the employees towards pre-specified goals (Kotb and Roberts, 2011). Leadership ismost important element for getting success so manager should adopt style as per marketingsituation and working environment. If in an enterprise there will be no good leader then companywill not be able to achieve its desired result or outcome because without manager, employeeswill not perform according to the specified standards due to lack of proper guidance orinstructions. This project is based on TESCO which is a multinational grocery and generalmerchandise retailer. The study will state about leadership problems that are being faced by thechief executive of TESCO along with various types of theories and models of it. It will alsodescribe an appropriate style which will be suitable in summer of 2017.PART A(1) Critical discussion on leadership theories and modelsIn TESCO, the chief executive officer, Mr Dave Lewis who attempts to buy BookerGroup is criticized by many people as he has taken some decision related to business expansionhe did not get the desired results. For gaining the desired outcome of made decision, he canadopt one of the following leadership theories and model which are given as below-Behavioural theory- This model focuses on the behaviour of leaders. According to thistheory, leadership can be the result of effective role behaviour. A leader can get betterresults by his behaviour rather than showing his traits. Mr Lewis can adopt this strategyfor getting success in the market. A leader should behave according to the environmentso that it can produce effective results. This theory is divided into two parts which areconcerned with the tasks as well as people (Craig and Campbell, 2012).Contingency theory- As per this concept, there is no specific way for leading people andso, a leader should adopt the style as per existing condition. This theory is the bestbecause it adjusts itself as per prevailing environment that assists in achieving specifiedtargets on time as well as in effectual manner. It is basically divided into three partswhich are given as below-3
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Identifying leadership style which will help in motivating the people. It can be knownthrough questionnaire.Defining situationMatching style with existing situation (Bello, 2012) Chief Executive Officer of TESCO should adopt contingency leadership theory whichwill assist in attaining success in the market and can also guide to its employees in an effectivemanner so that they can contribute in the achievement of specified vision or mission statement(Aftab, 2013). This concept will help in dealing with any critical situation in an effective andefficient manner by which TESCO can achieve its desired result or outcome. According to thisframework, leader can change himself according to the changing environment which will aid inhandling the team effectively and efficiently. Because of Summer 2018, this company is facingsome problems such as-Job cut- Because of this, many people are being unemployed and facing financialproblems due to facing loss in the business (Odumeru and Ogbonna, 2013). As per givenscenario, it is said that TESCO is facing financial failure in their business that's why it isterminating their employees.Budget problem- After purchasing of booker group, TESCO is facing budget problems.Now it has no more money to expand their business (Schyns and et. al., 2011). Thisproblem arise because of purchasing new group in which it has to invest their capital inthat business. Decrease sales- Because of less number of staff, its sales is also reducing because peoplewill not be served according to their expectation. If there will be less number of workersthen customers will not be served on time or according to their requirements then theywill switch to other brand (Prochaska, 2013). Do not know about target market- The major problem of TESCO is that it does not knowabout its target market such as its supermarket is providing their services to that areawhere products' demand of Sainsbury and Waitrose are high which is the biggest issuebecause company will not be able to generate desired result. This problem arises because4
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