Friday, December 6, 2019

Transformational Leadership †Free Samples to Students

Question: Discuss about the Transformational Leadership and Organizational Change. Answer: Introduction: In the prescribed video, the prime characteristic of strategy is being discussed. According to David Kryscynski strategy in itself is a wide expression. He insists that it is important that organizations identify the distinction amid strategies and tactics. An important idea learned from the video is that strategy along with emphasising on the things that must be done, also clarifies the things that must be avoided. The author elaborated the ideas with the help of the case of Ikea. The Ikea illustrates strategy which gives clarity about the dos as well as the donts for the company. The company has clear idea about its core competencies of specific product differentiation along with leadership in cost. Ikea also recognises its market positioning as not a high-end furniture brand and therefore does not try to compete in that segment. In an agreement of the author it could be said that companies practise open systems approach when their environment influence then and when they use the r esources available its surroundings (Kryscynski, 2015). It could be said that the practitioners of open system approach are the organizations which give back to the environment through their products and services. This in a way describes all the business organizations (Kryscynski, 2015). However, it could be conferred that whetherorganizations are open systems or not is not as important as the extent to which they are actually an opensystem. The learning outcome of the prescribed video is that the strategy must have a strongly focused approach as well as must be well-thought of prior to its implementation. The application of the key understandings of the prescribed videos can be done in numerous types of situations and organisations. It could specifically used for the companies which have certain doubts in choosing the type of strategies for them. It could be further explored by taking the example of e-Commerce site, e-Bay. E-Bay has its global presence and clientele from across the world. The strategies used by e-Bay involve both product differentiation for certain countries as well as cost leadership for others. A precise understanding of system theory of strategy development and implementation is important for e-Bay to succeed in various international markets. The experts in the area of Open Systems Theory suggest that this theory depicts the notion and associations among groups, organizations and individuals (Boga Ensari, 2009). The existence of multi-level organizations within the limits of one organization, in the form of departments, gives complexity to the Systems Theory (Boga Ensari, 2009). Therefore, with the organization which has several levels must also have clarity of strategies. The things that should be accomplished must be clearly evident through the strategies along with the things that must be avoided. Similarly, e-Bay being multi-national company, must understand various needs of things to be done in a particular country and other that to be avoided for successful business. The present video emphasises on the important connection of innovation with the business model. The increased competition and globalisation in the business world has made it imperative for the companies to use innovation in their business models. According to the author leaders in the world of business have important role of not only comprehending the systems approaches, but also demonstrate adaptability in their management capabilities (Gallen, 2013). The role played by social workers, therapist, teachers, doctors and other such professionals in the society gives support to the needy people. People or the exterior sources thereby dictate the assistance desired. With the view of an organization, Open systems are valuable, though they could generate issues. The great deal of exterior influences on concentration and resources could create complex problems. Open system approach in any organization could give ample support to innovation. It is suggested that such type of systems is made up of numerous varied agents who could be considered to be rooted in highly vibrant and likely hostile surroundings. Also, as the system designer do not have much control on the objectives and behavior of these agents, therefore only very few hypotheses could be concluded for them (Anders et al., 2016). Thereby, summing up the issues generated from such systems. Generally, it is hard to establish partnership and teamwork between two entities which are diverse in nature. Often two different environmental agents or varied departments could involve in working in competition with each other instead of working in collaboration to achieve the organizations objective. The effectiveness of any organization is adversely affected when it follows a closed and steep hierarchal type of control. The application of the prime learning of the prescribed video that innovation has a pivotal role in business model could be done in various business scenarios and organizations. The example of world leaders in innovations, Tesla Motors could be considered to understand the learning outcomes of the video. Tesla Motors is ranked number one in the Forbes List of Worlds Most Innovative Companies (Forbes Media LLC, 2016). The company is heavily dependent on the individual contributions from its employees to bring in as much innovation as possible in its business functions (Li Tan, 2017). The management and leaders of Tesla Motors gives encouragement to its employees to do out of the box thinking to make processes efficient. The culture of innovation has been created at Tesla Motors which is slowly been incorporated in its business model. Thus, innovation has become core competence and strength of the company. This not only sets Tesla Motors apart from its competitors but also ensures sus tainability and profitability even in the turbulent market environment. Making innovation part of its business model would help the company to always stay ahead of their competitors and retain their leadership in the global market. References Anders, G., Seebach, H., Steghfer, J. P., Reif, W., Andr, E., Hhner, J., Mller-Schloer C., Ungerer, T. (2016). The social concept of trust as enabler for robustness in open self-organising systems. In Trustworthy Open Self-Organising Systems (pp. 1-16). Springer International Publishing. Boga, I., Ensari, N. (2009). The role of transformational leadership and organizational change on perceived organizational success. The Psychologist-Manager Journal, 12(4), 235-251. Forbes Media LLC. (2016). The World's Most Innovative Companies. Forbes.com. Retrieved 26 April 2017, from https://www.forbes.com/innovative-companies/list/ Gallen. (2013). Business Model Innovation. YouTube. Retrieved 26 April 2017, from https://www.youtube.com/watch?v=B4ZSGQW0UMI Kryscynski, D. (2015). What is Strategy?. YouTube. Retrieved 26 April 2017, from https://www.youtube.com/watch?v=TD7WSLeQtVw Li, H. H. J. K., Tan, K. H. (2017). Transformative innovation: turning commoditised products into radically high-valued products. Journal of Intelligent Manufacturing, 1-14.

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