Corporate Innovation and Entrepreneurship: Critical Analysis of TUI Group's Leadership and Culture
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This report provides a critical analysis of TUI Group's leadership and culture in the context of corporate innovation and entrepreneurship. It includes theories of leadership and culture, managing the change process using Kaleidoscope model, and recommendations for improvement.
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Corporate Innovation and Entrepreneurship
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Critical Analysis.....................................................................................................................3 Managing the change process.................................................................................................7 Synthesis.................................................................................................................................9 Recommendations................................................................................................................11 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................12
INTRODUCTION Corporate entrepreneurship is a process in which the organisation is able to instigate or able to renew new strategies and methods within the organisation. Corporate innovation is also the process which helps the firm to initiate multiple changes with the changing environments of the corporates. The report aims to analyse about understanding the process of innovation and there are strategic decisions which could be taken by the entrepreneur. TUI group is the leisure which is been providing the travel and tourism services to the customers. TUI AG was previously known as Preussag AG (Grabara, Hussain, and Szajt, 2020). They have changed their business operations from mining now the organisation is been providing services of the tourism to the customers. In this report the main focus is to evaluate the leadership and culture which is been by the organisation.The leadersof the organisationgives the desired directionto employeeswhichhelpsthemtoimprovetheirskillsandcapabilities.Therearevarious advantages which is been used by the organisation and the company also tends to provide the healthy environment which improves the workplace productivity in an effective manner. On the other hand, there is a brief analysation about the change process which is been used to implement the new change in the workplace and understanding about the change process. Kaleidoscope is the process which is been used by the agent groups to solve various problems. There are various steps which is been used in order to solve the problem. MAIN BODY Critical Analysis Theories of leadership –These theories of leadership will help the to understand why certain individuals become leaders (Zheng, and et.al 2021). They focus on developing the essential traits and using various strategies which will help the to become more efficient in the workplace. There are multiple theories of leadership which is been described below: The argument will be presented by the managers and the leaders of the TUI which will be represent as A, B and C Management theory –This is the theory which is been used to boost the productivity of the workplace in an effective manner. It empathies on improving the organisation effectiveness in the market. The leaders of TUI has different opinions there are various things which is been contradicting with each other. A thinks that this theory does not
improve the critical areas of the employees which is the major downside for this particular theory. On the other hand, B agrees to the things which is been suggested by A. C suggests that in order to improve the productivity the theory of transinformation needs to be applied which is the major source of enhancement. Theory of Transformation –This theory suggests that there is a relationship between the leaders and the staff. They need to work in a coordinated manner in order to achieve the goals and objectives in the market (Hampel, Perkmann, and Phillips, 2020). The leaders of TUI thoughts are not matching witheach other. A suggests that this theory encourage the individuals to establish an effective communication with the staff. B thinks that the things which is been suggested by the A is right. The leaders needs to establish and effective communication with the employees. C disagree with that and suggests that the organisation management and leaders has the major duty to provide the right path to the candidates which will help them to achieve growth and they are able to attain great results for the organisation. Theory of Contingencies –This is the theory which suggests that there is no best way to run the organisation. There are various considerations which needs to be taken into favour which help the organisation to achieve greater performance in the market. The leaders of TUI has another opinion towards this theory. A suggests that the best way to run the organisation is to implement an effective working environment which boost the morale of the employees and make them more productive (He, and Tian, 2018). B thinks that this is absolutely perfect to enhance the performance of the organisation. C suggests that the organisation needs to work in a uniformed way. This will help the organisation to provide Berretta services and products to the consumer. Theory of Situations –In this theory there are multiple judgements which is been taken in an effective manner. There are various decisions which is been taken in order to solve the complex problems of the organisation. The leaders of TUI works with the motive o providing the best services to the consumers. A thinks that with the help of the structure the organisation and maintaining the right judgments the organisation is able to solve various problems in an effective manner. B disagrees to that and suggest that the organisation needs use various tools and theories in order to solve the problems and the use of technology will also carry out the operations in an effective manner. On the other
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hand, thinks that the leaders need to self-Internet the capabilities and skills which is been required in order to solve the problems which is been arise in uncertain situations. This argument between the leaders of TUI is described above and there are many differences which is been arise in way of carrying out the operational activities and the organisationleadershasenrichedtheirvisioninordertoprovidetheflexibleworking environment to the employees which helps them to achieve the desired goals and objectives in the market. Theories of culture Hofstede cultural theory suggest that this is the framework which is been used in order to understand the cultural differences in an effective manner (Kahn, 2022). There are multiple phases in this cultural theory which is been described below: Power distance Index –This is the extent which suggests that there is inequality which is been established in the workplace. The workplace structure of TUI is healthy there is open communication which is been established in the workplace. The organisation is providing the healthy working environment to the employees in which various employees can see their overall growth. There are various advantages which is been taken by them in order to perform better in the market. It has been analysed that the TUI leaders A suggests that there needs to be equal behaviour established in the workplace. On the other hand, B agrees in regards to this subject. While C thinks the behaviour needs to be established with the help of ethics and work values which needs to self attained by the leaders and the employees of the organisation. Collectivism Vs Individualism –There are various dimensions which is been inherent in this particular factor. TUI staff is able to achieve the desired goals in an effective manner. They have improved the image the individual has also develop multiple skills and capabilities which helps them to perform in a better way. Collectivism suggest that there is importance of the team they need to work in a coordinate manner in order to achieve the goals of the organisation (Kuratko, Goldsby,and Hornsby, 2018). It has been analysed A thinks that the individual needs to be flexible they need to work with the team in a coordinated manner as well as being the individual. Through this the organisation is able to perform better in the market. B disagree with that and thinks the leaders needs to make the team on the basis of skills and performance of the individual. This will help
them to perform better in every manner. C aggress with b the individual also think that the employees needs to be more skilled in order to carry out the operations in an effective manner. Uncertainty Avoidance Index -This factor tells about the uncertainty which is been implemented in the workplace. The leaders of TUI helps the employees in every manner and help them to achieve growth in the organisation. It has been analysed that A suggests that the workplace needs to work in a uniformed way towards the goals and objectives (Medina Molina, and et.al 2022). On the other hand, B agrees with the knowledge with the knowledge which is been shred by A. C has different opinions the individual suggests that the role of every individual needs to be fixed in the workplace. They need to carry out the duties and responsibilities in an effective manner. Feminity Vs Masculinity –This is the dimension which tells that there needs to be appropriate and equal behaviour established with both the genders. The leaders of TUI provide equal opportunities to both the individuals. A thinks that the organisation needs to provide the recognition and promotion to the employees which will help to improve the overall productivity of the workplace. B disagree with that and the and thins that the organisation needs to adopt to the structure in which the individual can see their overall growth in the coming period of time. C agree with the motive of A in order to improve the productivity of the workplace they need to provide the necessary benefits to the staff in an effective manner. Short term Vs Long term orientation –This is the stage which suggest that the time horizon is the major difference between and the societies views it differently. The management of TUI follows the long term orientation which helps them to achieve the goals which is set for the longer period of time (Popowska, 2020). It has been analysed that A thinks the organisation needs to achieve the short term goals in order to improve the employees morale. B disagrees with that and thinks there needs to be a process which needs toimplement din the workplace which helps the organisation employees to perform in their tasks and work responsibilities. C agrees with the A the individual suggest the short term gaols could leads to higher outputs which can be attained by the employee.
Restraint Vs Indulgence –This is the dimension in which the organisation needs to fulfil the desires of the society by providing them right products and services. TUI has managed to provide best services to the customers due to their structure and the flexibility of the workplace which leads them to higher efficiency. A thinks that there are various ideaswhichimprovetheeffectivenessoftheorganisation(Rexhepi,Hisrich,and Ramadani, 2019). B also agrees with the individual they think that the structure of the workplace and the values helps the organisation to offer best services to the customers. C thinks that with the changing environment scenario the organisation needs to understand the needs of the customers and through this they are able to provide better products to the consumer. Managing the change process Kaleidoscope –Change Kaleidoscope is the process which is been used by the agents in order to solve the complex problems. This model consists of three things which will help to bring flexibility in the workplace. There are multiple stages which is been described below of this particular model: Organisational Change context Time –This is the factor which helps the organisation to foresee the time in which they are able to bring the change in the workplace. With the changing environment scenario TUI needs to bring the desired change in the workplace. They need to become more efficient and needs to provide the right training programs to the individual in order to improve their mind set and knowledge. The organisation is generally being providing needs to bring the creative team which will help them to achieve success in the market. Scope –This is the factor which helps to understand about the factors which to align and separated with the right transformation. In TUI there is scope of improvement the organisation needs to bring the skilled workforce in order to enhance profitability in the market (Si.,and et.al 2020). With the help of right technology, the organisation can become more productive and able to provide better services to the customers. Preservation –The organisation assets plays a vital role and the practices helps to retain during the change (Zahid, and et.al 2021). TUI has various shareholders and company can evaluate various funds which will help them to improve the critical areas in which
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they are lacking. With the changing needs the organisation also needs to improve their culture to become more diversified and achieve greater performance in the market. Organisational Contextual features Power –There is a need of the right distribution of power while implementing the change in the workplace. TUI is bringing the skilled workforce and the technological advancements. They need to distribute the duties and work responsibilities in an effective manner which will help the organisation perform better in every manner. Readiness –The employees needs to be ready with the new change which is been implementing in the workplace. TUI is hiring the talented candidates which is ready for the change (Tseng, and Tseng,2019). On the other hand, they can also provide the trainingprogramsinordertoimprovetheskillsandcapabilitiesof theprevious employees. Through this they are able to achieve success and offer better products and services to the customers. The technological tools will also help to carry out the operations strategically. Capacity –Thereare multiple resources which is been needed by the company which includes the cash, human resource and time. In relation to TUI they are preparing to bring the new change in the workplace. The organisation has the capacity in order to transform the workplace. Implementation Options Capability –There are various skills which is been required by the individual to become favourable with the change. The management and leaders of the TUI needs to become moreflexibleinregardstothechange.Theleadersneedtounderstandthetrue perspective of the employees. There are various strategies which is been formulated by them in an effective manner. Diversity –In order to bring the change in the workplace. TUI leaders needs to enhance their operations in multiple regions. They need to bring diversity in the workplace by making it more flexible (Ucar, 2018). There are various advantages which can be taken by the organisation. The employees are able to become more productive and achieve the goals an objective which is been set by the management.
This is the method which will help TUI to bring the effective change in the workplace. The model has various steps which will help them to address the concerns and enhance their overall performance in the market. Synthesis It is a part of entrepreneurship and creativity in which all the data which is been collected will be able to assure better practices. it ensures that, there are key practices in relation to formulation of the objectives which occurs within the TUI group. It has created better potential to analyse the key impact on company regrading making changes in the company. All these synthesis shows the overall data collected in the patches to make any further changes in the company. It shows that, change management theories are well presented to apply the change process within TUI group. The change within the organisation can be occur through bringing transformation in the company (Urbaniec, and Żur, 2021). This can be done through promoting better change in order to solve the business problem. The TUI group mainly lacks in generating IT applicants and does not have particular teams. This reflects that, there are key practices in leading areas through undertaking infrastructure and user interference software which enable better practices. for the development of change practices. all the key synthesis area must be created in well manner which includes vision, objective and short term goals of the company. There are necessary areas which will showcase the key paths of TUI group that will ensure better practices in terms of handling various teams like IT and marketing which are crucial for TUI performance in current areas. Therefore, all the necessary areas are being suggested through patch work. It has critical analyse that the organisational and cultural are totally dependent on the leadership qualities. As per the model of Amabile, the model of creativity can be classified in three components which are domain, creativity, task and motivation. When employees will get all these factors within the TUI, they will keen to take participate in new working areas and be ready to adopt risks as well. In order to transform the organisation, there are some ways which are helpful in ascertaining key practices that are described below: Establish a sense of urgency: In order to transform the company, there is requirement of key areas which leads to focus on creating better working environment. The crises which are faced by TUI leads to take major opportunities and do not miss any important areas. Therefore, creating sense of urgency for TUI
to hire IT team will best human resources to carry out their operations on online platforms. The potential crises which can be face by TUI are lack of knowledge and skill gap in hiring good IT individuals. Apart from this, the opportunities are reflecting for the company is all about AI technology, Cloud services and robotics which plays an important role in today’s era. Form a powerful Guiding: In order to adopt the changes within the organisation, building coalition and team work is essential for every business. it is a key for success to work in together efforts and promote good strategies in better way. Also, there is requirement for TUI to eliminate individual efforts and divide the work within team. The change will become easy to operate through taking team collaboration. The TUI group has the pool of experts and leaders who are lead to take courage in the practice of organisation. Create a vision:TUI wants to deliver effective tour and travel services across the world through providing online services which will be easy and accessible for the development of creating better performance of the company. Communicate the vision:It is necessary to form the particular areas that creates the vision for the organisation (Villasana, and Lozano, 2020). The TUI will communicate the vision through social media channels like Facebook, Instagram, and Twitter. All these communications willbepossiblethroughmakingcampaign.Therefore,itisconsideredasapartof communicating the problems that will emphasize on the TUI strategies to attract the customers. Empower others to act on the vision:The TUI group needs to empower the areas to act on their vision. This could be done through empowering the team to take risk in the current dynamic environment. The vision is to make changes in such a manner that employees will get ready to bear risk (Yunis, Tarhini, and Kassar, 2018). This will have done through applying risk management strategies like focusing on barriers in technology and working together for the same mission. Create short term wins:It has analysed that short terms wins are crucial for business to celebrate short success for further motivation. The TUI needs to set plans through initial level and by achieve each milestones, celebration should be there. Consolidate improvements and change: The change can be made through bringing the good improvement strategies that will secure the key practices and actions perform by the company. The TUI group leaders must make
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performance plans in order to identify any mistakes and recommend proper solutions for future security. For that instance, the managers of company need to dislocate the policies like unstructuredpoliciesof communication(Wang,and Zhang,2022). Open communication, collaboration and development of new ideas can be done through making culture of feedbacks which strengthen the limits. Institutionalize new approaches: New approaches which require in the better practices to initiate better guidelines in the organisation. It demonstrates that, all the necessary practices require great leadership to get success in the company. New approaches to bring change in the company can be done through leadership styles. Therefore, success can be measure through past and current performance of TUI. Recommendations As per the above discussion, the company is facing major problems regarding technology and bringing positive culture in the organisation. The areas which are required to perform by the TUI group are described below: The company needs to invest more in hiring skilful employees by fulfilling skill gap from the organisation. The change must be regulating in company through setting power and feedback culture in the organisation which will helps in bringing creativity and innovation in the company. This company has to make changes in policies in terms of managing diversity and equality in the organisation. These policies must support the betterment of employees towards analysing requirement of people and provide them compensation, incentives, equal opportunities and career growth. CONCLUSION The report has concluded that change management is a crucial practice for the organisation to bring innovation and creativity in the company. It can be done through setting effective plans like vision, risks, strategies communication channels and integrated improvements. Also, the patches which has prepared for the change management process synthesise some important solutions for the company. This includes bringing new IT teams, involve AI and robotics techniques to ensure great online services to the customers.
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