Strategy Planning and Implementation

Strategy Planning and Implementation Task 1a) The organisation of my choicce in discussing the Strategy Planning and Implementation assignment would be Pantaloon Retail India Limited. The reason behind choosing this organisation as matter of discussion can be mentioned as follows: i) I am an ex-employee of Panataloon Retail India Limited being on the rolls of the company for nearly 4 years overseeing comapanys Marketing Business Operations in the state of Gujarat, India encompassing 5 Pantaloon Retail Lifestyle stores in the cities of Ahmedabad, Baroda, Surat Rajkot in Gujarat. ii) Organised retailing is emerging in Indian sub-continent with Pantaloon Retail India Limited being the forerunner. iii) Started from a humble begiining in late 20th century with single outlet operation today it is Rs.10 billion turnover, with a presence over 30 cities with combination of 500 mega stores, super stores and lifestyle stores with over 20,000 employees. Task 1b) Stakeholders are the persons or a community(group of people) who are directly or indirectly associated with an organisation for attaining its objectives and are directly or indirectly affected by the actions, decisions and policies made by the organisation. Stakeholders of the company are its Directors, Employees, Creditors, Customers, Vendors, Government Agencies, Owners and Shareholders. Hence, in other words all the human entities directly or indirectly associated with the organisation are the stake holders of the organisation. In particular, the major stakeholders of my chosen organisation are the Employees, Customers and Vendors. Retail is man intensive industry and hence the role and importance of team work is the essence of providing international standard experience of shopping to its customers. Customers are king of the retail business. Custmers are listened, obliged, serviced and are given the primary importance in Pantaloon Retail India Limited. It is believed here that if Customers are happy then the company will survive. The company follows the M.K.Gandhis famous qoute, A customer is the most important visitor on our premises, he is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so. Vendors are the blood line of the organisation. Vendors provide the organisation with the right product win desired quantity. The also support the organisation in terms of payback period giving an edge to maintain healthy cash flows for development. Hence, we observe that these stake holders are of considerable importance to the organisation growth and to combat fierce competition and to meet customer satisfaction. The specific considerations that the company has for these stakeholders are as follows: Employees: The employees should be suitably compensated in terms of monetary and other intangible benefits so that the high level of enthusiasm towards work and customer focus is maintained. The happiness and retention of customers can be ensured only with satisfied employees. Customers: As mentioned above, Customer is the key focal point of Pantaloon, hence all the business persepective should be should be suitable oriented towards customer needs and wants. The company consideration would be providing Value for Money experience to its customers and reaching them the products wherever and whenver they want. Vendors: The company considers Vendors as partner for growth. The company has taken measurable steps towards assessing them, procuring procedure, payments and to deal with the grievance. The company has further taken a step ahead by incorporating electronic touch points to minimise the lengthy procedure and ensure time saving. Task 1c)Organised retail is agressive and is becoming challenging every moment. All the strategies formulated in Retail have been centered around the most important entity The Customer. The company has always focussed towards attracting customers, retaining the existing customers and giving customers an experience which would enable to come back again and again. The crieteria that Pantaloon focussed are: 1.Cost: The most challenging factor in todays business. A good earnings to cost ratio would only decide the fate of the retail business. No matter what top-line or bottom line a company desires, Pantaloon has always focussed on Cost Strategy to offer maximum benefit to its Customers. 2. Market Penetration: After opening its various retail formats in the metro cities in India, the company has decided the Cluster Development Strategy viz. 8 city strategy for market penetration. By doing this the company will focus towards only cluster of cities for market reach in step wise manner. 3. New Product Strategy: The company strategy has always been+ based on Ideas to give their customers something new and unique. The company looks to achieve a healthy share of each Rupee spent by the customers. Thus company started from garments retailing has moved into Food Retail, Fast Food and Speciality cuisine, Gaming, Hyper market segment, home products, e-shopping and insurance sector. 4. Square foot sales : The strategic objective of the company is to seek healthy square foot sales in order to maintain good profit margin in terms of attaining healthy top line. 5. Private Brands: One of the most important criteria for attaining strategic management objective is introducing Private Label Brands which would ensure gaining a healthy bottom-line margin. 6. Vendor Strategy: Touch screen single point operation for vendor slection, product identification and payment procedure. The company believes vendors or manufacturers are partners to the business and hence venodr management is key importance to the company. Task 1d) Pantaloon Retail India Limited was formed to deliver organised garment retailing in India. The company wanted to blend fashion with affordability. Due to its fast expansion and growth the garment trader and the dictribution channel(middle man) has also earned huge margins. They are the trader who used to source the material from the manufacturers and used to store and supply the merchandise to Pantloon. There was a sudden demand in raising the margin of the merchandise by the intermediary channel. Pantaloon used to source 80% of their merchandise of reputed brands from these channels. This sudden raise could not have direct implication on the customers as increase in price to the final product would mean losing business. Hence company initially bear this loss. After sometime the comapny wanted to discuss with these intermediate channels for price renegotiation, failing which the supply of the goods were stopped creating a vacuum in the supply. This was affected by poor merchandise and customer complaints which continued for several months till the time the company had done renegotiation with new set of Intermediary channel including contacting the manufacturers directly. Bu this, the company felt the necessity of having their own private brands including manufacturing and aquiring manufacturing set up of few other companies. The company took around 6 months for consolidation exercis e and thereafter Pantaloon relaunched its Retail Stores with nearly 80% of private manufactured merchandise. Task 2) Develop Vision, Mission, Objectives Measures a. For your chosen organisation, list down its ethical, cultural, environmental, social and business objectives. How are these influenced by the current business and economic climate? Pantaloon Retail India Limited with its multi-retail business in various sectors has consolidated its operations under the umbrella concern of Future Group. The company has laid down and oberve the following values to cover its ethical, cultural, environmental, social and business objectives. The values are as below: Ethical i) Respect Humility: Respect for every individual associated in business and be humble to all. This value entails the core people function. The company pays utmost respect, listen and act accordingly to its Customers, Employees and Vendors through various channels. The Senior Management evaluates and acts accordingly on any grievance, comments and suggestions made by Customers, Employees and Vendors. ii) Openness: To be open and receptive for new ideas, knowledge and information. The company has various platform of communication with its people and analyse all the ideas or comments and shares its opinion with the Stakeholders. E.g. the company has Share With Us Book placed in all the retail stores through which a Customer can communicate with the Senior Management. Cultural i) Valuing Nurturing Relationships: To build long-term relationships. Business particularly retail business is strategic in nature. It has complete reliance on Relationship building and nurturing the emotions.It is observed that it requires more money to attract new customers rather that retaining and satisfying new customers. ii) Simplicity Positivity: Simplicity in thought, business and actions. Thinking simple yet positive render positive vibrations in the economy and earn respect from its stakeholders. Environmental i) Flow: To respect and understand universal laws of nature. The company follows the natural way of business and respect and adheres to the rules and policies laid down from time to time. It also acts accordingly keeping in mind the current economic condition and takes steps relevant in order to satisfy needs of its stake holders. Social i) Indianness : Confidence within ourselves and amongst our product. The company respects Indian culture and offer the products that suits Indian households. ii) Adaptability: To be adaptive and flexible to meet new challenges.The only thing that is constant in the Universe is Change. Hence the company is always open to change and modify accordingly its product lines as per the need and demand of the present market. Business Objectives i) Intropsection: Leading to purposeful thinking. The company from time to time does meaningful invigoration of its entire process in order to audit and take any corrective action if any. Based on the outcome the company re-strategise any of its process or function. ii) Leadership: Leadership in thought and idea and its application in business. The comany belives to be Number 1 in whatever business they are and work hard to retain its position. (Source:Pantaloon Retail India Limited website id http://www.pantaloon.com/corporate_state.asp,Dated October 26, 2009) Based on the above, it is clearly observed that Pantaloon Retail India Limited is equipped with broad range of measures to handle stressfull business environment and economic changes that may occur. Specifically, particular change in any macro economic policies are treated with utmost sincerety and needed change is implemented to overcome it. Thus more recently the economic crises has very little effect on Pantaloon, as the company could envisage the problem and taken specific measures to overcome this. The percentage of leased out premises to its its total retail outlet was nearly 65% towards the beginning of year 2008. The companys outflow in rental expenditure was a large sum of money. The company could oversee the challenge of offereing competitive pricing during the era of economic meltdown. Based on the same company started having its own premises by creating a special vehicle Future Capital Holdings which is 100% subsidiary of Pantaloon Retail India Limited. This has brought d own not only the rental outflow but also ensured better offering to customers in terms of competitive pricing as compared to its competitors.

History Of Swimming :: essays research papers

Swimming Swimming is the act of moving through the water by using the arms, legs, and body in motions called strokes. The most common strokes are the crawl, backstroke, breaststroke, butterfly, and sidestroke. Some scientists believe that human beings are born with an instinctive ability to use their arms and legs to stay afloat. That instinct, however, disappears within a few months after birth. Later in life many children and adults learn to swim in order to be safe around the water, to have fun, and to participate in competition. Most people learn to swim by imitating others, most often their parents, brothers, sisters, and friends. Most youngsters in also take lessons at swim clubs, community centers, schools, and recreational facilities. In addition, the American Swim Coaches Association (ASCA) and the American Red Cross sponsor programs that teach children about water safety. Instructors teach students skills that will make them safe, efficient, and confident swimmers. Beginners first put their heads in the water and blow bubbles by exhaling. Gradually, students progress to floating, treading water, and ultimately, learning the techniques of the major strokes. Individuals should not swim in conditions that their ability and experience will not allow them to handle. For inexperienced recreational swimmers, many safety hazards exist, even in a pool. These hazards include misjudging a dive and hitting one's head on the bottom, holding one's breath too long, becoming exhausted, and experiencing sudden cramps while too far from shore or other swimmers. The history of swimming dates back thousands of years. One of the earliest representations of swimming is an ancient Egyptian wall relief that shows soldiers of Pharaoh Ramses II. Swimming was very important in ancient Greece and Rome, especially as a form of training for warriors. In Japan, competitions were held as early as the 1st century BC. In Europe, swimming was less popular during the Middle Ages, swimming didn’t pick up until the 19th century. In the late 19th century amateur swimming clubs began conducting competitions in the United States and Britain. In the United States, colleges and universities such as Yale University, Indiana University, and the University of Southern California played an important role in spreading interest in swimming as a competitive sport. In 1875 Matthew Webb of Great Britain became the first person to swim across the English Channel.

Ernest Hemingway Essay -- essays research papers fc

Ernest Hemingway   Ã‚  Ã‚  Ã‚  Ã‚  Ernest Hemingway was a great American author. He was a giant of modern literature. Hemingway was born on July 21, 1899. He was the first son of Clarence and Grace Hall Hemingway and the second of their six children. Hemingway’s gather was a doctor and his mother was a music teacher. Hemingway’s parents owned a cabin in northern Michigan where he spent most of his summers hunting and fishing, being separated from the rest of middle-class society. Hemiongway’s mother was a strict person and tried to impose a moral order her children. This caused hostility between mother and son. A major dispute arose between the two when Hemingway returned home from the war and went to the family cabin to get through the physical and psychologically rough experience he had. His mother complained about his slow pace re-adjustment to normal, civilian life. Ultimately, Hemingway left his secluded cabin and went to Paris in the 1920s.   Ã‚  Ã‚  Ã‚  Ã‚  Hemingway’s father was having a rough time during this portion of Hemingway’s life. His father was suffereing from diabetes. He also had some financial misfortune and chronic depression. This all ended in 1928 when a self-inflicted pistol shot ended his life. This is when Hemingway was just starting to see the material rewards of his developing literary career. Hemingway did not have a very good childhood. Although his youth was bad, and unhappy, Hemingway viewed it as an essential artistic and personal resource for the development of an individual ‘heroic code.’   Ã‚  Ã‚  Ã‚  Ã‚  About the time that Hemingway graduated from high school, the Untied States was entering World War I. He tried to enlist in the army, but was not accepted due to a vision problem. When he heard that the Red Cross was taking volunteers to be ambulance drivers in the war, he took the opportunity and made it to the war. Hemingway was assigned to the front lines in Italy. After he had only been at the front for a few days, and a few days before his nineteenth birthday, Hemingway was wounded. A mortar fire at Fossalta di Pivi sent shrapenel into his legs. While Hemingway was injured, he met a nurse and fell in love with her. He proposed marriage, but like Granny Weatherall, he was jilted and his nurse married and Italian officer. Hemingway... ...sh them as â€Å"the best rules I ever learned for the business of writing.† This writing ethic was used by Hemingway and reinforced to him through lessons he learned from the works and advice of T. S. Eliot, Gertrude Stein, and Ezra Pound. Hemingway had a very modernist approach to writing. Part of this was he left out all extraneous verbiage and authorial intrusion. Instead he presented sharply focused images that stood out on their own. Hemingway also developed a writing discipline. He would write one thousand words a day and refine the copy back to around three hundred words. He did not want to bore the reader with a bunch of nonsense and rambling on.   Ã‚  Ã‚  Ã‚  Ã‚  Ernest Hemingway was a great American author. His stories were written about and through personal experiences. His stories directly reflected on his personal experiences and indirectly reflected on his unhappy childhood and his misfortune with the ladies. He had his own style and own ways of keeping that style up. He was a great man. Works Cited All Hemingway. http://www.allhemingway.com/criticism/essays.php?essay+Hemingway’s=style Hemingway, Ernest.â€Å"The Big Two Hearted River.† 1953

The Glass Menagerie: Existentialist Responsibilities Conveyed Through t

The story of a young Tennessee Williams is poetically portrayed through a 1945 Broadway Play, The Glass Menagerie. The main character, Tom Wingfield, lives in his family’s apartment with his mother, Amanda Wingfield, and sister, Laura Wingfield. Their father left the family, and he remains a silent character appearing as a portrait on the apartment wall. Throughout the seven scenes, the immaturity of each family member is revealed. In search of adventure, Tom has dreams of being a writer and wishes to leave his family and factory job, like his father, to join the Merchant Marines. Laura lets her disability, a braced leg, hinder her finding a job or a husband, while Amanda stays in denial of her children’s failure by living in the past with her â€Å"gentlemen callers.† Tom’s main responsibilities, created by Amanda, are to take care of Laura and the family. Amanda and Tom are constantly fighting about their different views of what they wish the futur e to bring. To cope with his problems, every night Tom ventures off to probably a bar, gets drunk, and then tells his family he was at the movies ("Plot Summary: The Glass Menagerie"). Williams tries to express a personal struggle about trying to leave his family with out feeling guilt (John Lahr) through fictional characters paralleling his family. These struggles are seen as failed responsibilities in the view of an existentialist. The responsibility of being an existentialist is conveyed through Tennessee Williams’ autobiographical character Tom and his failed responsibilities, guilt of the past, and denial of reality in The Glass Menagerie. The play takes place during the Great Depression in the 1930s, but America was in World War II when Williams wrote the play. The ... ...ge. "Sartre's Philosophy through 1945: Phenomenology and Ontology." Jean-Paul Sartre. Boston: Twayne, 1983. 36-38. Print. Clinton, Craig. â€Å"The Glass Menagerie: Tennessee Williams." The Facts on File Companion to American Drama. Ed. Jackson R. Bryer and Mary C. Hartig. New York: Facts on File, 2004. 178. Print. Crowell, Steven. "Existentialism." The Standford Encyclopedia of Philosophy.Winter 2010. Web. 26 Apr. 2012. "Existentialism-A Philosophy." AllAboutPhilosophy.org. AllAboutPhilosophy.org, 2012. Web. 03 May 2012. The Glass Menagerie. Drama for Students. Ed. David Galens and Lynn Spampinato. Vol. 1. Detroit: Gale Research, 1998. Print. Lahr, John. "Telling It Like It Isn’t." The New Yorker. 06 May 2010. Web. 2 May 2012. "Plot Summary: The Glass Menagerie." DISCovering Authors. Detroit: Gale, 2003.Gale Student Resources In Context. Web. 17 Apr. 2012.

A Place That Gets Worst From Time To Time

There is a country in South East Asia known as the Philippines. It is composed of 7.100 islands and has its roots dating back to Spanish occupation. The country has a long history of being an occupied nation.Spanish slavery by the Americans only to be occupied by the Japanese during World War II. The Americans once again liberated it and eventually gave the country independence.The country has never stood a chance to develop and become a player in the emerging economies of the world due to poor political leadership. It was under a dictatorship spanning twenty years begging in the 70's.The dictator president, Ferdinand Marcos was ousted in a bloodless revolution known as People power only to have the new leaders hounded by countless military uprisings that continue into the present leadership of the country.It is this political turmoil that has caused regression in the country. It has been getting worse since the Americans left because the people do not know how to govern themselves. They could be the Asian equivalent of Nigeria in the future most specially with their national elections, known for its violence, being underway with the opening of the campaign season this January.In the end, it seems like bad leadership and selfishness is causing an already bad situation to get worse in a country that seems to be getting into even worse situations with each passing day. In this situation that seems to have no solution, only the ordinary citizens of the country come out at the losers because they do not have the voice to be heard and the conviction to fight for what is due to them. Â  

Medical Records Security Paper

In my paper, I am going to explain technology threats that an government might face with having aesculapian exam checkup records vomit on a infobase. I am to a fault going to explain the in initializeion that bequeath be encourageed in health check examination records on the database. I lead excessively go over any(prenominal) the latest security mea accepteds available to booster keep these databases threat free so the health check examination records will be natural rubber on the com attributeer. I will also explain what I would do to attend keep my organizations checkup records secure.When an organization has a rung dimension of one soul to 100 sight that can draw out the organization to big trouble as far as following rules and procedures that fatality to be followed as far as following authoritative rules like enduring solitude and security. Having a round ratio that small can lead to unretentive cuts by staff to get things make faster and that ca n lead to mount ups like pulling up mortal elses medical record or giving someone the wrong prescription. That is wherefore it is so important to make sure the staff to patient of ratio is qualified to meet all the needs of the organization.If the staff to patient ratio is adequate staff will slow down and do things right because if they do not they will be in a get by of trouble. There atomic number 18 a pattern of threats that effect organizations that maintain electronic medical records (Jeanty, 2010) . These threats come from both internal and external sources and from both those with venomed and maligned intent. The potential exists that individuals with malicious intent energise the potential to contract to devil the records, and there exists the potential for records to be accessed/changed unintentionally.There are a number of sundry(a) threats that can happen on a database an example would be a virus or a bug. Organizations need to be careful some these sor ts of things and get packet for their com go underers to keep their databases free of these parasites. Especially if they kick in multitudes medical records on their computers. The major concern with medical records in the electronic realm is the protection of a patients privacy and confidentiality (U. S. Department of Health and gracious Services) . The privacy of documents on digital format is always vulnerable to threat.Luckily, todays electronic medical record programs come with built in security measures such as passwords, firewalls and various other security functions. What is especially important in the arena of medical records is the justness of the respective medical record. Errors in a medical record could be fatal. The likelihood of errors could also increase when many people have the ability to enter data into a record. Therefore, who has access and the control of access to the medical records is imperative. That is why only doctors should have access to their pati ents records because they are the ones diplomacying them.That way only one somebody will have access to medical records and not a whole flock of people. That will help minimize errors on medical records. In regards to entropy kept up(p) in medical records that needs to be protected, the utmost importance is the patients personal information to include their SSN, and other personal information. However, the patient medical information is important to protect as well. In a spacious sense, it is important to protect the confidentiality of the patient medical history, but more importantly, it is important to protect the integrity of the data.In evidence to keep my organizations medical records secure I would have the demand software to keep my database running smooth. I would also have security measures put in place on the database as passwords put on in order to access patient records. I would also only have doctors access medical records because they are the ones that treat the patients and they are the ones that should have access to them not everyone else. That will help minimize all problems associated with medical record privacy. Conclusion defend a patients medical records is the most important thing that n organization must do for the patient. Patients medical records represent who they are, organizations must understand that, and embody up to all the Hipaa rules that are put in place to protect people from patient invasion of privacy. Think about it how would you like it if people were invading your privacy by looking at your medical records when you did not want them to.References Jeanty, J. (2010, August 10). HIPAA Rules That allude Technology. Retrieved from www. ehow. com. U. S. Department of Health and Human Services. (n. d. ). Regulations. Retrieved from www. hhs. gov.

DEVELOPING STRATEGIC MANAGEMENT AND LEADERSHIP SKILLS Essay

IntroductionLeadership and management, these are two words we use on daily basis. But the questions like how do we realise good leaders, what qualities, attitude, style and behaviour do they exhibit, are frequent. The ability to lead is not connected to education, although most leaders what are intelligent people. Many qualities required for a leader are also possessed by managers.Although it is unique to everyone there are a total number of common ways.I think, by developing our leadership skills, we are assured a more rewarding and successful career. There is no doubt that, leadership potential can be developed. With commitment, effort and practice, anybody can move beyond the skills you how are born with to be an excellent leader.â€Å"The most dangerous leadership myth is that leaders are born—that there is a genetic factor to leadership.Leadership differs to direction.

Bennis. Globalisation has resulted in diversity. To maximise contribution, each organisation and its managers are now challenged with creating inclusive cold working environment. They need to understand effective leadership style and culture to build trust and effective relationship.There are various means of considering leadership, that vary extract from focusing on the character traits of leadership that is excellent to highlighting facets of the scenario that help determine how folks lead.The strategies how that were effective yesterday are not necessarily effective in the same situation today†-QuinnLook more:  strategic management process essayIn order to face the growing competition in the market, it is very urgent for organisations to build potential leader. Developing strategic management and leadership skills should be a part of organisations’ actions.1.1 Explain the link between strategic management wired and leadership Strategic Management consists of t he analysis of any organisation, decision making and necessary actions in order to create and sustain competitive advantages.It is merely one of many other assets a thriving manager must possess.

Usually it is considered as the responsibility for the overall direction of the organization sums up what strategic management is all about. It can consider also define as the process of identifying and executing the organisation’s strategic goals (mission, vision and objectives) by matching its capabilities with the demand of its environment.Strategic senior management contains a set of managerial decisions. Leadership is the ability of a person to get other willingly to follow.Its something which is accomplished when a individual motivates individuals in a group.Equally, a good leader free will also be a manager. Majority of practical people are interested primarily in what they have to do, and not whether it should be labelled ‘leadership’ or ‘management’ or both. â€Å"It is very true that I have said that I considered Napoleon’s presence in the field equal to forty thousand other men in the balance† —Duke of Wellington. Difference between strategic management and leadershipManagement| Leadership|Intended to plan, organize, co-ordinate and evaluate| Job is to inspire and motivate| management administrate the organisation| Leaders innovate | senior Management tries to maintain the organisation| Leaders tries to develop| Focused on system and structure| Focuses on people|They focus on the present situation | They look towards future| React to problems logical and issues| Proactive to issues and problem| Prefer to control| Knows how to delegate|Minimising risk| Taking risk|  There are thousands of examples for leaders in the world.Leadership and top management arent synonymous.

2 Analysis of impact of management and leadership styles on strategic decision There are different leadership and management styles. Different various styles work well in different situations. They are based on different assumptions and theories. Strategic decisions taken by leaders depend upon their style.Leaders that are supportive understand and good sense women and men feel.2. Democratic styleThe leader involves employees in the decision making. This kind of style is usually appreciated by the employees or subordinate. how This style would bring problems in a situation where there are wide ranges of opinion and there is no well-defined way of taking the first final decision.They also need to make sure they manage change effectively.

Transactional leadershipThe assumption behind this kind of leadership is that people how are motivated by rewards and an organisation work well with a clear chain of command. This kind of leader works thorough creating all clear structures. Subordinates duty  will be well defined and also the reward they get for following the orders. Punishments are not always mentioned, but they how are also well-understood and formal systems of discipline are usually in place.Your leaders are the best factor on your companys capability.Transformational leaderThis style is based on the assumption deeds that employees will follow a leader who motivates them and a person with vision and passion can achieve anything. Transformation strong leadership start with the development of a vision, a view and path to future. That will excite and converter the employees. Transformational religious leaders are so committed always.Youre a pioneer, even in case you dont know it.

Understanding the situation 3. Applying appropriate skills and techniques.Leaders having different styles empty can have different levels of key elements. So the way and level in which they identify their personality can differ."Every leader has a certain style of political leadership thats innate.Especially when a strategic decision needs to made quickly. The impact of this style is for many people, this style feels harsh, a first great possibility of demotivation. Rest of people  assured leader can demonstrate consideration and compassion for team while using the Autocratic style, even though the team is not directly involved in the decision. There are situations in which leader wants input from employees or teams.Leaders are common now.

There is a more common thought that leaders who listen considerately to their follower’s opinion before making final decision get good result as compared to non-listeners. In the case of democratic style, the leader gives up ownership and control of a decision and allows the group to vote. Advantage of this own style is fairly fast decision, and an amount of group participation. No organisation or leader can implement a single style to deal with the multitude of decision that needs to be made during change process (Nancy, 2007).It could mean the folks who own and short run the company.Charismatic leadership style got few drawbacks. The complaint against Lord Browne was administration by media and business associates fuelled his charismatic new style and he ignored day to day core business activities.1.3 How leadership styles can be adopted to different situations? Success of an political organisation or a group dependent on the effectiveness of the leader.When employees are empowered theyre more prone to make decisions which are at the very best interest of the particular client and the organization also.

Leaders must be up to date of the situations. Leaders must be prepared to step in and show the way in all kind of situations.Different style can be adapted to different situations in relation to 1. Business- situations 2.Are such far more likely to reveal their very own loyalty the moment it matters.We know that high risk situation needs very strong and active direct involvement by the leader to keep it control. The people or team members: – In every organisation, there will have different different kind of employees or members.Differ by characters, talents, skills, attitude etc. identifying the team members is a tough task.IT leadership theory Learn the best way to be.

He made a resolution to transform GE into one of the world biggest firm. With his unique leadership style and character, Welch made history during his 2-decade journey at GE. His way of leading was based on some concepts. Lead, not manage:- according to him political leadership can be found in as long as they come up with good ideas and can energize rather than depress and control.Face reality: – good company was losing its market values and there was too much bureaucracy when Jack Welch joined the company. He realised the social realities and brought out strategies and  initiatives that made things better. Simplify the business: – his goal at GE was simplify the business. He didn’t think deeds that business had to be complicated.It can mean opportunities, good ideas, new business or new products (kevin, 2007). Lead by more energizing others, not managing by authority: – Welch called his leadership ideal ‘boundary less’, which means an open organization, free of bureaucracy logical and anything that prevents the free flow of ideas, people and decisions (kevin, 2007). His choice was inspiring others to perform well. red Lead by doing- one of the leadership style adapted by GEInformation technology is critical to the future of GE.The basic assumption behind the theory is that individual characteristics’ make how them suitable leaders only in certain situations. Each situation requires a leader to vary behaviour to fit the conditions. In other words, there is no right or wrong way in leading all the time. Fred Fiedler’s contingency theoryIn 1967, Fred Fiedler proposed his contingency theory.

According to Fielder, the direct relationship oriented style is more effective in situations which are intermediate in favourableness. When an intermediate situation is present, the leader can self help to build confidence and cohesion by focusing on the personal needs of the individuals (Henman, 2007). Hersey and Blanchard theoryIt is another situational theory. This economic theory was introduced 10 year after Fiedler’s theory.That is, followers are not mature or immature in any total or chronological sense; rather, they have varying degrees of maturity depending on knowledge of or experience with a specific goal (Henman, 2007). Leader-style theoryThis theory was introduced by Vroom and Yetton. They explain the different ways leader can make decisions and necessary following guidelines for leader in order to determine the extent to which subordinate should participated in decision making. Charismatic leadershipCharisma, as explained by Max Weber, is a certain good qual ity of individual personality, by virtue of which he or she is apart from ordinary people and treated as a personality with exceptional power or qualities.An effective leader needs to diagnose the needs and wants of followers and then react accordingly.The impact of different theories of management on organisational strategy will be different. giant IBM needs extraordinary leaders who can create high-performance work climates and foster employee engagement; people who not only succeed but enable others to as well. A disciplined process of identifying and developing high achievers and leaders has been a main stone of IBM’s strategy to regain market political leadership in the IT industry.As Fiedler explained, task oriented leaders are very effective when conditions are favourable or unfavourable. When conditions are favourable, members relations how are strong, there is a positive relation between team and leader. Hence new strategies can bring and work it out well so easily. In unfavourable certain circumstances or in stressful situations, a leader’s structure and control can remove undesirable ambiguity and the anxiety that goes with it.

2.2 Create a leadership strategy that support organisational direction Leadership strategy for General ElectricsThe General Electric Company, or GE, is an American multinational conglomerate corporation incorporated in New York. Company operates in five sectors via energy, technology infrastructure, capital finance, consumer andindustrial.It old has been almost a decade since Jack Welch retired as GE’s chairman and CEO, the brain behind the success of GE.If we consider their way in which they lead, and how their decisions, it is clear that they preferred transformational leadership style. Even though both used the same style, Jack Welch had been more opposite extreme than his successor. Leadership strategy: – choosing a best leadership style is the major step in leadership strategy. Leadership at company such like GE is very crucial.It is concerned with emotions, values, ethics, standards, and long-term goals and includes assessing followers’ motives, satis fying their needs, and treating them as full human beings†- (Northouse). The reason behind the selection of this leadership style is this style motivates the followers. The leader and followers are full well aligned in this system. A transformational leader can motivate the followers by setting challenging goals.We have seen the different leadership style and their impact on organisation. Even though, no particular leadership style is better always. It depends on the situations. The best style GE can use is transformational leadership because of based its unique advantages.

The leaders should have collective capabilities like providing direction, motivate the followers, engaging employees in decision making and to gain their active support in implementing planned cross-functional actions, implementing successful innovations, adapting to change, ensuring transparency just like former leaders, developing talents logical and being responsive to customers like Jeffrey Immlet. Since the corporate strategy is becoming more global, it require greater cultural sensitivity among leaders, enhanced representation of different geographies at top level, enhanced language skills to enable cross cultural relationships and greater understanding of local laws and business arrangement in strategy making.3.1 Use appropriate different methods to review current leadership requirement We know the important of leaders.These programs build perfect foundation for accelerating  learning and development in a particular domain, from commercial to operations, from human res ources to information management, from finance and communications to modern technology (GE, Leadership Programs, 2013).There are more than 300,000 employees in GE. The company operates through different sector. GE consistently ranks as the most admired and respected new company in the world.CEO of GE believes that ideal situation for a global firm was to have its factory on a barge that you could first move around the world to wherever it was the best competitive environment at the time. Their strategy is to expand business globally, instead of just looking for alliances.Fast moving anti Globalisation opens new opportunities for a global firm like GE. Hence leadership requirement at GE is tremendous.But they need leaders not only in quantity great but also in quality.3.2 Plan for the development of future situations requiring leadership Requirement of leaders in the GE increases. Leaders are logical not only required in the top level but also in the various bottom levels also.

Leadership Programs: – GE has various leadership programs. As part of their strategy to achieve commercial excellence and drive organic growth, they are developing a pipeline of strong sales logical and marketing leaders at GE through  the Commercial Leadership Program (CLP).CLP offers a curriculum that boosts the development of commercial skills and various techniques that are critical to success in all GE businesses. CLP prepares candidates for a successful career in sales or first commercial operations by providing the opportunity to learn about GE’s products, industry, and customers while making valuable contributions to the on-going success of GE.As compared to their profit growth, they need more to build leadership qualities in their employees. Human resource leadership program: – In GE’s Human Resources Leadership Program people are gaining real-world business experience, contributing to GE businesses and getting in first line for HR leaders hip roles across the company.HRLPs can build countless HR leaders within GE. Experienced commercial leadership programs: – The Experienced Commercial Leadership Program (ECLP) prepares time MBA graduates and experienced professionals for GE leadership roles in marketing and sales.But under certain specific condition, they need specific skills. The more basic skill required for leaders are explained below.Integrity: – this is the basic quality of a leader. This quality makes people trust the leader.They can speak openly logical and accurately about their limitations. Self-regulation: – People who are in control of their feelings and sudden  temptation are able to create an environment of public trust and fairness. Appropriate self-regulators are usually thoughtful and resist making impulsive decisions. These are definite qualities of a good leader.

Communication skills: – to deliver leader’s idea properly, private communication skill is very necessary. A good communicator can pay attention and listen carefully. Lead by example: – One of the best ways to red lead is by example – use where needed, lending a helping hand, and making sure that the work you do is clearly understood by apply your team. Leadership skills strataplex: –Leadership skill requirements are often described as being stratified by organizational level.They are comprised of those skills related to basic cognitive capacities, such as collecting, processing, and disseminating information and learning and are the fundamental skills required for a large portion of the activities in which political leaders are engaged (Mumford, 2007) .These skills include skills like oral communication, written communication, ability to learn and adapt etc. 2. Interpersonal SkillsThese are skill relating to interacting keyword with and influe ncing others.Strategic SkillsStrategic skill requirements are highly conceptual skills needed to take a systems perspective to understand complexity, deal with ambiguity, and to  effect political influence in the organization (Mumford, 2007). This includes skills for planning, visioning etc. â€Å"Leaders are not born, they are grown†- this is the word by the heavenly father of management, Peter Drucker. Leadership ability is not an inborn skill most times.1. Entry level program or Commercial leadership program (CLP) is an example for it. The CLP is a 12 to 24 month program that develops marketing and sales skills through a strong very core curriculum and challenging assignments. 2.

The ECLP program consists of three, eight-month rotational assignments within the marketing and sales functions of one of GE’s businesses (GE, Experienced Program, 2013).4. normal Operation management Leadership program (OMLP): OMLP accelerates development of entry-level talent and produces leaders capable of meeting the challenges facing the Operations, Supply Chain, Manufacturing logical and Quality functions at GE (GE, Entry level program, 2013).4.Commercial leadership program (CLP) provides candidates with valuable training, personal experience and exposure to a team of motivated colleagues and helpful mentors that can accelerate their careers. HRLP (Human Resource Leadership program) has created countless generations of HR leaders at GE. The program continues today and still focuses on taking talented people, providing forgive them with globally diverse challenging experiences, and developing them into world-class HR leaders. Candidates will have formal training, ro tation, seminars, business molecular simulations and community service activities.Another way of developing leadership skills is to get familiar with your followers. It will great help you in understanding their feelings and their needs, which in turn will help you in managing preventing their needs. Different plan for the development leadership skills includes conducting seminar, training programs, meetings, job rotations etc.ConclusionThis assignment is used to explain the important link between strategic management and leadership.Style should be adapted according to the business situation, team members and culture of the organisation. Different leadership theories are discussed in the assignment. Situational theories and contingency theories have been applied. The situations in which different theories can be applied are explained.

In this competitive world, organisation best can only sustain if and only if they can bring strong leaders.There are different ways of enhancing the leadership skills for future requirements. And there should be a plan of developing these skills. The new plan should cover all the current and  future needs for leadership and is helpful in the overall progress of the organization.Leadership style : A powerful model. TJ. Derue, S. (2011).Entry level program. Retrieved 2013, from www.ge.com: http://www.Retrieved may 5, 2013, from www.ge.com: http://www.ge.

ge.com: http://www.ge.com/careers/culture/university-students/experienced-commercial-leadership-program/india GE.com: http://www.ge.com/careers/culture/university-students/experienced-commercial-leadership-program/india GE. (2013).ge.com/careers/culture/university-students/information-technology-leadership-program/india GE. (2013, January 1). Leadership Programs.com/in/careers/leadership_program/index.html Goleman, D. (2004). Leadership That Gets Result.