Research Paper about Management 2022

   

Added on  2022-10-15

8 Pages2237 Words19 Views
Running head: MANAGEMENT
MANAGEMENT
Name of the Student:
Name of the University:
Author note:
Research Paper about Management 2022_1
MANAGEMENT1
Introduction
Leadership skills are the groundwork of a leader’s achievement and a resilient
foundation is required to build up a company vision. Without robust leadership techniques,
many good businesses tend to decline. Many of the world’s most valued leaders constitute
several personality attributes in common. Some of the high distinguishable traits are the
competence to initiate change and motivate a shared vision and knowing ways to ‘encourage
the heart’ and model the expertise and skills which are essential to attain the desired
objectives [1]. Contemporary leaders in recent times have exhibited the ability to illustrate an
understanding of the business setting and way it impacts on the organization’s strategy. The
system objectives require being attuned with this strategy and establishing at relevant levels
within the organization. The aim of the following research paper is to analyse Indra Nooyi, an
Indian American business executive leadership styles and the way she implemented her
strategic decisions during global financial crisis as a leader.
Discussion
Indra Nooyi’s Decision Making Attribute changed the face of PepsiCo
Indra Nooyi entire life has appeared to have encircled her for the position of the CEO
at the Pepsi Co. Indra Nooyi became the chief strategist and initiated to stimulate Pepsi Co in
order to reshape its brand reputation and possessions [2]. As per the reports of Kumar, and
Deoki (2014) in 1997, Pepsi Co has been profoundly influenced by Nooyi to develop as
distinctive entities from its restaurant unit, as KFC, Pizza Hut, Mc Donald and Taco Bell
have been under the same division. Nooyi persistently indicated Pepsi Co in the right
direction and negotiates as well as acquired $3.5 billion procurement of Tropicana orange
juice along with $ 15.5 billion purchase for Quaker Oats. “The success of an enterprise
usually comes down to one thing: the team’” However, to develop this vision into realism,
Research Paper about Management 2022_2
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Pepsi Co CEO employs her conceptual skills to shed light on sustainability and explaining
true meaning of her strategies.
Nooyi is positioning PepsiCo to attract new talent through its ethics and standards, as
well as retain its existing talent by meeting the employees at their value level. In addition,
Nooyi makes sure that her employees and followers feel challenged, appreciated, invested
and upright regarding their daily activities within the company. “In the end, transformational
leadership results in employees developing enhanced ideas and their contributions to the
greater common good” [3]. This sentiment is consistent to Nooyi’s vision of Performance
with Purpose. The company applied the proceeds of the sale to reduce its $8.5bn debt by
more than half, a move that also allowed the business to accelerate its share buyback strategy,
giving it the financial flex to invest in further business development.
Transformational theory accentuates leadership effectiveness
Transformational theory of leadership sheds light on the efficacy of leadership that is
reliant on aligning leaders’ approach of the right situation. With transformational leadership
attributes Nooyi coincided with the global financial crisis by setting about transforming
PepsiCo into consumer goods brand which is profoundly grounded in the company’s
‘performance with purpose’ philosophy along with the aim of changing consumer
inclinations towards healthier snacks and beverages. Reports of Tillberg-Webb and Collier
(2019) have revealed that under the leadership, PepsiCo total revenue increased from $US
35.5 billion in 2006 to $ US 64.5 billion in 2017 along with the stakeholder’s returns which
increased by 163% over the same period [4].
Delegation and Empowerment
Whether bank failures have been caused by highly complex financial instruments,
misguided policies and misinterpreted systemic risks or outright insatiability, leadership
inadequacies, US consumers developed as a fundamental cause. By following short-term self-
Research Paper about Management 2022_3

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