Tuesday, December 24, 2019

How Would You Characterize the Leadership of Walmart...

Part 5 Question 2: How would you characterize the leadership of Walmart founder Sam Walton? The leadership of Walmart is Authentic Leadership which refers to individuals who know and understand themselves, who espouse and act consistent with higher order ethical values, and who empower and inspire others with their openness and authenticity. There are 5 key characteristics of authentic leaders, which are: (i) Authentic leaders pursue their purpose with passion, (ii) Authentic leaders practice solid values, (iii) Authentic leaders lead with their hearts as well their heads, (iv) Authentic leaders establish connect relationships, (v) Authentic leaders demonstrate self-discipline. First characteristic is authentic leaders pursue their†¦show more content†¦They must keep smile when they meet other people. It is clear when he mention that â€Å"just because we work hard, we don’t have to go around with long faces.† Besides that, to Sam Wilton, the stunt contained an important business lesson. The stunt can attract people to whom they want to attract and they will be pay up. Thus, even though we are in pressure, we must hide it and show our dedication to other person through smiling. If the leaders practice the solid values, it will make other worker to do so. Indirectly, the leader became a role model to the worker in their work. Leaders have big responsibility to be handling, by practicing the solid value, it will smooth the management. Third characteristic is authentic leaders lead with their hearts as well their heads. All leaders sometimes have to make tough choices, but authentic leaders maintain a compassion for others as well as the courage to make difficult decisions. In Walmart, the newly minted manager got to work recruiting 350 new associated, and initiated all hires with the same cheer. The manager should decide the new worker appropriately even though she a new manager. She also works with confident and told the new recruit that she start work on 19 years old. Than she was told that, the worker in Walmart is someone who’s extroverted and loved to deal with customers. Leader must do their job in full feeling to increase their reputation as a leader. Leader must have criticalShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesmechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book, and the publisher was aware of a trademark claim, theRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesBusiness Review Finance Articles The Power of Management Capital Feigenbaum−Feigenbaum International Management, Sixth Edition Hodgetts−Luthans−Doh Contemporary Management, Fourth Edition Jones−George Driving Shareholder Value Morin−Jarrell Leadership, Fifth Edition Hughes−Ginnett−Curphy The Art of M A: Merger/Acquisitions/Buyout Guide, Third Edition Reed−Lajoux and others . . . This book was printed on recycled paper. Management http://www.mhhe.com/primis/online/ Copyright  ©2005

Monday, December 16, 2019

Management Role Free Essays

There are several meanings and interpretations that are engaged in the word management. Also, the roles and work that are associated in this position also defends on the knowledge of that particular person about the term. It can be said that most people view management as the position in which you can get the things done through other people. We will write a custom essay sample on Management Role or any similar topic only for you Order Now Still, there are some views regarding the role of management in an organization that can be considered quite apart from the traditional view of management roles such as to support employees in order to maximize their ability for the betterment of the organization and as well to help employees to be productive members of the community. However, for most employees it can be said that the term management refers to the group of people with the responsibility to make decisions about the organization. The activities of the board as well as program and/or executive directors are also referred to as management. In Joe’s case, he had misconceptions of the responsibility that had been put into his shoulders by the time that he was appointed manager for the Best Made Mfg. Thus, Joe was placed back into his previous position, in the production line after merely 3 weeks.   Joe expected to do the same kind of work, only lighter than before after being placed into a new position. In can be seen in this case that the roles and responsibilities of being a manager is quite different from being in the production line. Being a part of the production line means working side-be-side with the people on the said workplace. It means that you are likely to do what most people do. Thus, being a manager is a totally different scenario. In order to better see the differences, let us look closely to the part and role of the management in the progress and development of the company. In the traditional interpretation, management is referred to as the activities of groups of people in which their main responsibility involves planning, organizing, leading and as well as controlling/coordinating. In order to have a better picture of the role of management, let us look closely at each of the four functions mentioned above. Planning involves the identification of goals, objectives and methods that the company intends to do and achieve. The resources that will be used in the companies operation is also part of planning as well as to identify the responsibilities of personnel’s and the completion date of a certain task. There are many kinds of planning of which strategic, business, project, staffing and as well as advertising and promotions planning are included. Another responsibility of the management is to organize the resources of the company in order to achieve the goals of the company in the most advantageous manner. It may include the organization of new departments, offices, file systems, human resources and as well as the reorganization of the business and others. Another consideration and responsibility that is in the hands of the management is to influence the persons that are part of the company. Leading is an important consideration in order to motivate the employees. Thus, to set the direction that must taken by the individual employees is an important factor in order to maximize the potential of the company. Leading not just involves striving to achieve the goal of the company but to influence the employees to the same thing as well. Controlling/Coordinating is also an important task of the management. It involves the processes, systems and structures of the organization in order to reach the organization’s goals and objectives in the most effective and efficient manner. This may include the monitoring and adjustments of the systems and other structures of the company as well as the collection of feedbacks. The performance management process, financial controls together with the policies and structures are some of the examples. Thus, the task of those in the production line and management involves two different tasks. The main distinction is that those in the production line are guided by the management but does not have the authority to make decisions. This is the job of the management along with all the other responsibilities and task mentioned above. Being part of the management and of the production line are two different tasks that involves different approach. To treat them as having the same function and responsibility will surely cause you some trouble just like Joe’s case. Reference Davidmann, M. (1998). Role of managers under Different Style of Management. Retrieved December 12, 2007 from http://www.solhaam.org/articles/clm2su.html Heathfield, S. (2007). When Management Systems Fail. Retrieved December 12, 2007 from http://humanresources.about.com/od/motivationsuccess/a/manage_systems.htm McNamara, C. (2007). Basics—Definitions (and Misconceptions) About Management. Retrieved December 12, 2007 from http://www.managementhelp.org/mgmnt/defntion.htm How to cite Management Role, Essay examples

Saturday, December 7, 2019

Pegasus airlines case study Answers free essay sample

Question no.1 Give examples of needs, wants, and demands that Pegasus customers demonstrate, differentiating these three concepts. What are the implications of each for Pegasus’ practices? 1. Examples of needs can be Pegasus customers need diversification. 2. Examples of wants can be customers want to improve airline industry and reflect their opinions. 3. Examples of demands can be low-cost airline, many destinations they want to go, improved quality of services and many benefits related to customers. We can conclude the implications of each for Pegasus’ practices are customer-oriented company. In other words, they want to meet customer’s expectation. Question no.2 Describe in detail all the facets of Pegasus’ product. What is being exchanged in a Pegasus transaction? Pegasus gives customers many things. First of all, Pegasus is the first low-cost airline in Turkey. They create credit (loyalty) card to reduce insurance rate. They have refund strategy when departure is delayed to alleviate customers’ dissatisfaction. We will write a custom essay sample on Pegasus airlines case study Answers or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page And they run social network relationship like Facebook, Twitter and Vodafone etc. Pegasus sometimes opens an event for free tickets. And they always try to listen customers’ voices to know better their tendency and thinking. Question no.3 Which of the five marketing management concepts best applies to Pegasus? Answer no.3 We saw Pegasus’ many activities to go happily together with customers. So we can call them a marketing-oriented company. Because marketing orientation requires something fulfill customers’ desire. Question no.4 What value does Pegasus create for its customers? Answer no.4 1. The Pegasus has significantly determined the need and wants of the consumers and delivered them the satisfaction that they wanted. 2. They also provide them the facilities above their expectations like they provide them with the discounted insurance rates, a specific guarantee policy, parking space and valet parking, a cafà © etc with a low-cost ticket to fly. Question no.5 Is Pegasus likely to continue being successful in building customer relationships? Why or why not? Answer no.5 Yes! It has demonstrated that even in the airline business, entry barriers can be lowered and a powerful brand can be created. It ensures successful service through safety, training and its devoted employees. It employs creative communication with its customers. It offers great destinations easy access to great international hubs and it uses efficient management techniques. To be successful in the low cost airline industry, great attention needs to be paid to customers changing travel patterns and needs. Booking flights, post purchase evaluation through regular customer relationship management and intangible value created by a variety of details makes Pegasus successful in building customer relationsips.