Max Lionel Reality (MLR) Leadership, Budget, and Action Plan Report

This report provides a comprehensive analysis of Max Lionel Reality (MLR), a real estate company. Assessment 1 covers the company's mission, vision, values, strategic directions, and the importance of workplace safety, including the responsibilities of managers and agents. It identifies the leadership styles employed by MLR managers. Assessment 2 presents MLR's budget plan for 2015-16 and outlines an action plan for implementing change, detailing durations, accountabilities, and resource requirements. A communication plan is also included, specifying stakeholder descriptions, frequencies, and formats. The report concludes with a list of references used in the analysis.

Provide Leadership Across
Organization
ASSESSMENT 1& ASSESSMENT 2

ASSESSMENT 1

a) Mission, Values and Strategic direction of Max Lionel
Reality Business.
Background of company
• Max Lionel Reality (MLR) is a real estate company. It was
founded in 2008 Max Lionel.
• There are about 100 employees are employed by the company in
which 80 employees are licensed as real estate agents.
• On the behalf of range of there clients they manage property
sales and rentals (both commercial and rentals).
• Company is also engages in investment activities like land and
property development.
• Since 2008, company is the member of Real Estate of Victoria
(REIV) and follows all the code of conduct as per REIV.

CONTINUE..
Mission
• “To achieve the highest return of company's clients and to deliver a
client experience”.
Vision
• “ To establish the Max Lionel Reality (MLR) brand within 6 years”
Values
• Integrity, active encouragement of excellence, client-focus, and
continuous improvement and innovation., team work and recognition
of the diversity as well as expertise of MLR employees and agents.

CONTINUE..
Strategic Directions
The strategic directions by which Max Lionel Reality company
will able to achieve its mission and vision with the help of-
• Developing reputation as well as goodwill for integrity.
• Involving and Engaging with clients as well as customer's.
• Innovative thinking and ideas will be supported.
• Good management and leadership skills.
• Developing a high performing as well as high profitable
company

b) Link between the objectives, standards, relevant legislation
and the responsibilities of managers and agents for safe
workplace.
• Safety is very important in the workplace. It is the responsibility of managers
to provide the best working place to employees.
• It is the responsibility of each and every employees to work in safe and
protected atmosphere.
• There is direct link in between objectives, standards, relevant legislation and
the responsibilities of managers and agents for safe workplace.

CONTINUE..
• Here the responsibility of managers and agents which are as follows-

CONTINUE..
• It is the duty of manager to work with the board of directors to oversee the
business as well as set overall strategic directions, management of risk and
sanctioned large financial transactions so that company can achieve its gaols and
objectives.
• It is the responsibility of manager and agent to conduct orientation and training
of employees regarding safety and healthy workplace. Training is very important
element of training as it make understand how the machines and equipment are
used, store and maintained so that company can achieve its gaols and objectives.

CONTINUE..
• Enforce safe work practices is also the responsibility of manager as it is very
important to have safety at workplace by correcting unsafe conditions so that
company can achieve its gaols and objectives.
• This is the responsibility of manager or agents to reduce workplace stress by
providing incentives and rewards on less mistakes and errors at workplace so
that employees are motivated and automatically it reduces the stress of
unhealthy workplace so that company can achieve its gaols and objectives.

c) Appropriate leadership style followed by the
managers of Max Lionel Reality (MLR).
There are various types of leadership style that is follows by the managers or
leaders of Max Lionel Reality (MLR) company are as follows-
• Transformational leadership
• Autocratic Leadership
• Democratic Leadership

ASSESSMENT 2

Max Lionel Reality Budget Plan of 2015-16 by
activities to be undertaken
INCOME:
Commission, fees from clients
Investment Income
Cost of Goods sold
Total Income:
AMOUNT
$3,245,112
$2,324,000
$170,413
$5739525
EXPENSES
Wages, salaries
Consultancy Fees
Communication Expenses
Premises expenses
Staff travel, accommodation and transportation
Capital Expenditure
Amortization and Depreciation
Office supplies
Professional Fees
Total Expenses:
AMOUNT
$1,625,453
$60,000
$32,000
$88000
$48000
$1,70,000
$1,54,000
$74,000
$72,225
$2323678
SURPLUS (INCOME - EXPENSE) $3415847