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Hi, need to submit a 1000 words essay on the topic Leadership and Management: Defining the Competitive Edge.Download file to see previous pages... While this may seem like a simple task, keeping the w
Hi, need to submit a 1000 words essay on the topic Leadership and Management: Defining the Competitive Edge.
Download file to see previous pages...While this may seem like a simple task, keeping the workforce focused can be difficult when goals are abstract and roles can change with time. Here is where an effective management team steps in to keep the workforce working towards the strategic vision of the firm.
Management's role within the company is to take the strategic vision of leadership and create policies and procedures that will keep the workforce working towards those goals. The effective manager will be able to interpret the corporate vision and put it into the day-to-day context of tasks, process, and procedure. As part of this vision is the corporate culture that forms the foundation of the firm's strength. The CEO must have the effective communication skills required to assure that the managers understand the vision, strategy, and corporate culture. According to Brunnelle (2004, p.404), "CEOs and middle managers who make the conscious decision to plan, create, implement, and nurture a specific corporate culture have the potential to reap significant benefits". These benefits include the organization of a consistent framework for decision making, behaving, and communicating (Brunnelle 2004, p.404). In addition, culture affects everything from employees' attitudes towards safety to the relationships that they have in regards to corporate ethics. This helps management stay on the same page as they serve as consistent sources of confidence for the workforce. When times get rough, good management can pull the workforce together, make collective sacrifices, and do what ever is necessary to weather the storm (Erven n.d., p.1). Leadership creates the vision and the culture, but management must materialize the vision and execute the...
This essay discusses that .the effective leader recognizes opportunities and is able to take advantage of new trends that the firm can capitalize on. The successful leader then communicates this strategy to the workforce in a way that instills belief and confidence in the future of the firm.As the discussion stresses .management's role within the company is to take the strategic vision of leadership and create policies and procedures that will keep the workforce working towards those goals. The effective manager will be able to interpret the corporate vision and put it into the day-to-day context of tasks, process, and procedure. As part of this vision is the corporate culture that forms the foundation of the firm's strength. The CEO must have the effective communication skills required to assure that the managers understand the vision, strategy, and corporate culture. .Global diversity has made cultural differences in management and leadership styles more important than at any other time in history. Managers from one culture may be called to perform in another part of the world. Leaders and managers both must be aware that significant differences exist between cultures that must be accommodated, and not overcome. .As India transforms into the 21st century of competitive global economics, it is transforming some of its traditional management characteristics such as, "notions of authority and hierarchy, the role of familial networks, indigenous ethical-philosophical frameworks and community boundaries".
