Running Head: Management and Leadership2 Executive Summary The Vodafone Company is in existence from 1984 and it called as a subsidiary of Racal Electronics Plc. In the year 1991, it detached with the Racal Electronics Plc. and run from its own name. Now, it is one of the leading telecommunication companies to be known across the globe. It is the vision and mission of the company to enhance its existence in the international market. The success was not easy and there was tough competition in the market but with its confident and encouragement they achieved it. With their impressive style of management and leadership everything seems joyful and easy. The leadership style that is adopted by the company is transformational, democratic as well as task oriented that made them leading in the international market. Vodafone Group never forces their employees even though they motivate and respect their efforts. The Group adopted many styles and strategies of motivation and leadership. The company has adoptedAbraham Maslow's Hierarchy Theory to motivate its employee. The Company is not attractive only because of its internal structure but due to its outside behavior towards society and morality. It pays huge attention on ethical values and governs principles to every connected person. Vodafone maintain its own foundation where the workforce deals with all social as well as ethical matters. In the past, there was big change occurred in Vodafone in which the company merged with Idea Cellular, which was considered as another top telecommunication network company. Adopting any kind of changes is difficult at any workplace but the mangers and its employees of the company adopted such changes with full confidence and proper planning that made the company more successful in the market.
Running Head: Management and Leadership3 Contents Introduction.................................................................................................................................................4 1.Leadership Style followed by Vodafone:.............................................................................................4 1.1 Management theories of Vodafone:.......................................................................................................5 2.Vision and Mission..............................................................................................................................5 3.Motivational theories:..........................................................................................................................6 4.Ethics and Values................................................................................................................................8 5.Key Change in Vodafone.....................................................................................................................8 Conclusion...................................................................................................................................................9 References.................................................................................................................................................10
Running Head: Management and Leadership4 Introduction Vodafone a world -wide telecommunication network and it is the world’s leading organization with 625 million customers. It was established in 1991 by Ernest Harrison and Gary Whent. Vodafone at commencing was the subsidiary of Racal Electronics Plc. in United Kingdom. After that, in 1991 it separated from Racal Electronics Plc and run with its present name Vodafone Group Plc. The company has large geographic area and brand image in the market. In U.K. Vodafone was the first to launch international roaming calls. It was also listed on London and New York stock exchanges in 1991(Alshmemri, Shahwan-Akl, and Maude, 2017) Its first mobile call was on 1stJanuary 1985 in U.K. and few years later it became one of the most popular brands across the globe. Till 2019 it had 27million customers of broadband and 22 million TV customers. In the below parts there are complete details of Vodafone Group(Ang, 2016) 1.Leadership Style followed by Vodafone: Transformational Leadership: it refers to those leaders who transform and guide their subordinates or team members as per their roles and duties. These leaders are those who inspire teammates and motivate them to achieve goals. The managers and executives of Vodafone use this to encourage their staff and inspire them. DemocraticLeadership:itismainlypreferredbyVodafonetogivetheirstaff opportunities to participate in activities and give their opinions. It reduces the employee’s hesitation and makes them confident for their work. Also, it aids in decision making. Task Oriented: this is used by Vodafone in marketing and sales department because there the management is more worried. The main aim of this is to focus on task of the company. Promotional Leadership: from beginning Vodafone was focused on performing best. They believe that job is not any burden even a joy which aids Vodafone and its employees to perform better. Leadership is base for effective results and therefore, Vodafone kept it as a priority and promoted leadership(Aithal, 2015)
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Running Head: Management and Leadership5 1.1 Management theories of Vodafone: Behavioral theory: it judges the behavior of a leader and its team members. It states how a leader should be and what approach he prefers to engage with employees or its teammates. The theory reflects that a leader must be focused, goal-oriented and people- oriented. In Vodafone there are two types of leaders one is concern for people and another is concern for revenues. Both leaders research from beginning on every decision. In Vodafone it aids to know the behavior of every individual and then initiate to build trust among subordinates(Ang, 2016) Classical Management theory: it is the theory of decision making and profit earnings. It tells and guide managers to be cooperative with employees. It put main focus on growth of company by efficient and effective ways. Vodafone through this theory make plans and execute according to it. Every manager and worker follows this theory principle in Vodafone(Mosca, and Civera, 2017) Human relation Management Theory: the theory is concern for human and its relation in the company. It shows the importance of employees in the workplace and helps in combining the needs of employees and company. In Vodafone managers are very dependent on this and follow this to make policies and decision regarding employee benefits. The management of human relation with the company environment is the main motive of human management theory(Healy, 2016) 2.Vision and Mission ThevisionstatementofVodafoneistobethetelecommunicationleaderinan increasingly connected world(Phadraig et al., 2019) The mission is toenrich our customer’s lives through the unique power of mobile communication(Antonakis, and Day, 2017) 2(b)The aim behind the mission and vision of the Vodafone is to improve people’s lives. With the increase of Vodafone users there will be more connectivity between people and therefore, it will promote in building digital culture. Digital culture will help in growth of economy and will enhance development. Vodafone Company wants to improve the scenario of economy and individual’s life.They want to make the world wholly digital with high class connectivity and
Running Head: Management and Leadership6 technology. It is working to be the leading one across the world and aims at satisfying all its stakeholders such as clients, employees, society and also government. They are on their way to overcome and address the challenges sustainably. With the vision and mission their goal is to transform society people’s lives(Bolman, and Deal, 2017) 2(c)Vodafone is very dependent on its leadership and management as it always focuses towards leadership and management. Every company without a vision is of no worth same way Vodafone have vision and to accomplish it management and leadership is needed. As a leader and manager are two important ingredients of every company and both creates a great impact on Vodafone. The manager work is to focus on business objectives whereas a leader focuses on both business and employees of the company. Both management and leadership make strategies to move towards the company’s vision. The set theories and patterns aid a lot in achieving goals(Bowen, 2018) 3.Motivational theories: Goal-Setting Theory: it defines importance of goals and objectives in every work. It shows that setting of specific and challenging goals leads to better performance instead of easy or general goals. To use this theory of motivation in setting of goals there are five principles:Clarity,Challenginggoals,Commitment,FeedbackandTask Complexity(Schmidt, 2019) Abraham Maslow's Hierarchy Theory: it states human needs from a five-tier model set as hierarchy levels in a pyramid. The needs are: physiological, safety, love and belonging, esteem and self-actualization. It means that each stage should be satisfied first within individuals then move at next stage. It also promotes women empowerment and makes them confident to move ahead(Healy, 2016) Vroom's theory of expectancy: it refers to an individual’s behavior that what he choose to do work. It is assumed that every employee will choose a different behavior to attain goals. Every individual has different expectations and behavior for getting results stated by Vroom’s expectancy theory(Herzog, 2019) Motivation Hygiene Theory: it is also known as two factor theory. It states that there are two conditions in every job one is job satisfaction and other is job dissatisfaction.
Running Head: Management and Leadership7 Therefore, aim of this theory is to provide a healthy and friendly environment that will initiateandmotivateemployeestoperformbetterandalsotheywillfeel satisfied(Alshmemri, Shahwan-Akl, and Maude, 2017) There are some principles which induce workers or employees to be a team as principles initiates team spirit. They are: Effective distribution of resources. Mutual respect amongstteammembers. Constructiveworkingrelationship. Positive look to diversity and equality. Healthy and friendly environment. Cooperative employees and effective leadership(Wolff et al., 2017) 3(b)From the above theories and principles there are some used by Vodafone to motivate its employees as it introduced a “Pathways to success’’ training program to promote women empowerment and motivate them. It was supported byAbraham Maslow's Hierarchy Theory. The training program was attended by number of women’s(Kresak, Corvington, and Williamson, 2016) Another was that Vodafone offers a healthy and friendly environment to its employees. The reason is that Vodafone still known for its employee’s pride. This was attained with the help of Motivation Hygiene Theory.Vodafone has taken many initiatives to recognizes the efforts of employees and appreciate them for their work(Brown, and Capozza, 2016) Apart from that, Vodafone introduced personalized induction program and planned projects before giving them the role as soon as one becomes available. At Vodafone India, it gives mutual mentoringfor women talenton succession projectsand it also satisfieseach and every employee’s behavior. They work to make the individual’s behavior cooperative with others. The behavior of every individual is judged with theVroom’s expectancy theory(Herzog, 2019)
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Running Head: Management and Leadership8 4.Ethics and Values The ethics and values means to know about right and wrong. It includes moral principles, natural justice, difference in good and bad, honesty, loyalty etc. The Vodafone Group treats this as an important tool and ensures that everything goes ethically and legally. There are number of ethical theories such as utilitarianism, ethics of care, rights theory and the theory of justice. There are codes of ethics which Vodafone called as ‘business principles’ and it includes data protection, human rights, political contributions, transparency, social responsibility and environment healthy and safety. Vodafone sincerely pays attention to its ethics policies such as ‘Duty to Report Policy’, for bribery and corruption a policy of zero tolerance and an Anti-Corruption Guidelines program and it has also made for outsiders a Code of Ethical Purchasing (CEP). All these policy ensure that everything should be legal and ethical as prescribed in business principles. Vodafone by itself has established these policies as to build trust in employees and its clients. Every policy of Vodafone is govern under ethical theories(Wolff et al., 2017) It has also lays down principles for its Corporate Social Responsibility. Vodafone has its own foundation whose workforce deals with all social and ethical matters. It is not only concerned for profit in business instead it stands for matters occurring outside. The company is strong with its commitments and never back out from it. One of the examples of its social responsibility that it initiated a program called as “Vodafone Red Alert”. The aim of Vodafone foundation behind this was to help in case of emergencies and disasters(Mosca, and Civera, 2017) 5.Key Change in Vodafone One of the biggest changes took in the Vodafone Company was the merger of Vodafone and Idea Cellular. Both the companies are in top 5 in India and are now merging to be on top. This change was really attractive and public was impressed. Everyone was waiting for the final approval for this merger. The Vodafone and Idea Cellular have to face lot of challenges and issues raised due to this merger and which was no easy. The merger was successful on August 30, 2018 as NCLT has approved it. The manager of company took some steps to facilitate the changes such as: The manager established an integration plan in which he sets a project team including both company’s employees and members whose focus will be on activities of merger.
Running Head: Management and Leadership9 Next, there will be clear communication of goals and vision for the new company. After that, manager of Vodafone focused on understanding the cultural differences in employees of both the companies as he can approach it easily. Vodafone manager has given both sides of employees an opportunity to participate and enhance their abilities. After all the steps there is main step is to develop HR department or restructure it. Every employee is concerned about his job and to satisfy and build trust there is need of HR Practices. Now, the most important tool that is customers therefore, manager shared new company’s informationwiththe customersasit willsatisfy customersand generatetrustin them(Lakshana, 2019) Conclusion From the above report it can be concluded that Vodafone is a top leading telecommunication company. It is very concerned for its goals and commitments and always there to fulfill it. The reason behind this much success is its style of Leadership and management. Vodafone is very focused with its leadership plans and styles. The vision and mission to be the leader and make people’s lives easy is the main concern. The proper management and leadership is the only thing through which goals can be certain. The Vodafone style and policies to motivate employees is always been attractive and impressive. It recognizes the efforts of employees and gives rewards for it. Also, it encourages women and supports them to lead the team. It is not limited up to internal management as Vodafone sincerely look for outside development and support initiatives. It has a foundation through which every ethical, social responsibility is carried out. After years it took a decision to merge with Idea Cellular, India’s top leading telecommunication. The change was not easy and many obstacles raised but the manager and workforce dealt with them effectively.
Running Head: Management and Leadership10 References Aithal, P.S. (2015) How an effective leadership and governance supports to achieve institutional vision,missionandobjectives.InternationalJournalofMultidisciplinaryResearchand Development,2(5), pp.154-161. Alshmemri, M., Shahwan-Akl, L. and Maude, P. (2017) Herzberg’s two-factor theory.Life Science Journal,14(5), pp.12-16. Ang, R. (2016) Vodafone Global Telecommunications: Optimizing Operations.IUP Journal of Operations Management,15(4), p.46. Antonakis,J.andDay,D.V.eds.(2017)Thenatureofleadership.UnitedSates:Sage publications. Bolman, L.G. and Deal, T.E. (2017)Reframing organizations: Artistry, choice, and leadership. New York, US: John Wiley & Sons. Bowen,S.A.(2018)Missionandvision.TheInternationalEncyclopediaofStrategic Communication, pp.1-9. Brown, R. and Capozza, D. eds. (2016)Social identities: Motivational, emotional, cultural influences. UK: Psychology Press. Giusepponi, K. and Tavoletti, E. (2018) Vision and mission statements in Italian universities: Resultsofanempiricalinvestigationonstrategicorientation.JournaloftheKnowledge Economy,9(1), pp.301-328. Healy, K. (2016) A Theory of Human Motivation by Abraham H. Maslow (1942).The British Journal of Psychiatry,208(4), pp.313-313. Herzog, B. (2019) Dynamic expectation theory: insights for market participants.Journal of Risk and Financial Management,12(2), p.77.
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