Transformational Leadership Research Paper Example | Topics and Well Written Essays - 750 words - 1

Transformational Leadership - Research Paper Example Leaders have the responsibility of identifying the causes of slow and adopt a transformational leadership strategy to limit the adversities associated with slow death. One of the elements of transformational leadership is individualized consideration. A transformative leader attends to the needs of his followers in the organization. Through adopting a transformative leadership, leaders in the institution will give empathy and support, keep communication open and place beneficial challenges before the followers. During the process of extensive communication, institutional leaders will have the opportunity to identify possible evidences of slow and death counteract them before they mature (Verlage, Rowold & Schilling, 2012). Additionally, transformative leaders have a will and aspirations for self development in addition to intrinsic motivation towards their work. Chances of transformative leaders experiencing slow death are minimal because they have the intellectual stimulation to adopt innovation and creativity when approaching organizational problems. According to Shields (2011), deep change is a function of discipline, courage and motivation. Leaders can achieve inspirational motivation if they are transformative leaders. Leaders with inspirational motivation are usually challenged to leave abandon their comfort zones, convince themselves about optimism concerning future goals, and provide meaning for task at hand. This motivation can also be translated into junior employees to develop a strong sense of purpose for work. Inspirational motivation prevents possible victimization, psychological death and even active exit because it does not allow postponement of responsibilities (Verlage, Rowold & Schilling, 2012). Situational leadership model also focuses on self-motivation as critical element of proper leadership. The proponents of

Thornton's plc Essay Example | Topics and Well Written Essays - 3000 words

Thornton's plc - Essay Example The study will dwell on situational analysis of Thornton Plc, to get an insight on the overall aspect of the company on the point of view of an investor. As an investor, information provided will lead to decisions for investing particularly in choosing companies in the same category. The situation analysis should take into account the market, competitors, staff, structure, technology, control systems, production and supply, performance and financial state. (Policy Coordination and Planning Section, pp 7-8) A situational analysis will be done to analyze performance to Thornton, Plc. It will present a detailed picture of the present state of the company. It will consist with a review of the past data and its translation into future trends with regard to marketing, production and financial system of the company.. Financial state will make use of scoreboard and benchmark information analysis. What is a balanced scorecard? The balanced scorecard of the company is defined as â€Å"a performance measure which will present whether the operational activates of the company are aligned with its company’s objectives in terms of vision and strategy†. .(Wikipedia) What is a benchmark. This is defined as a â€Å"security or index against which the performance of other securities is judged.† It is explained as a â€Å"goal to meet or beat†. For example, investors use the S&P 500 Index as a benchmark, and if their returns is more than the benchmark, the investor have beaten the benchmark, meaning the company is a good investment. The theory behind this is the expected return of investment must at least be equal or more than the benchmark or otherwise, investor may well at least invest in the benchmark (Investors Glossary) Market. Thornton Plc has been in the market of confectionary since 1911 manufacturing and selling quality chocolates to

The notion of corporate social responsibility of business Essay

The notion of corporate social responsibility of business organizations - Essay Example It is evident from the study that various business organizations, ranging from small and medium sized enterprises (SMEs) to large corporate organizations, exist across the globe providing some service or products to their clients. Essentially, the businesses engage in some activity like production of goods or delivery of service to generate some revenue to enhance its sustainable development. This becomes the traditional economic role of the business organization. However, the operations of these business organizations are carried out in some societal context involving the human population and the environment. Thus, there is interrelation and mutual interaction between the company and the society. Besides, the business operations have to be carried out according to legislative provisions in a given country in which the organization operates. The governments and other regulatory agencies have legislation stretching across various social sectors including health, environmental, the fis cal policies, and the monetary policies among many others. Ethical considerations also need to be considered in executing the business operations by an organization. Various individuals affect, and are affected by, the operations of a given organizations. These individuals are termed the stakeholders of the organization. The interrelation has generated debates among academic scholars on the roles that business organizations need to play in the society. The societies have their interests and so do the business organizations. ... Corporate social responsibility involves performing roles that go beyond the legal obligations that prevail in a given region (Fontaine et al, 2006). It involves the organizations’ role in promoting social and economic developments in the communities while working with the employees, their families, the customers, the shareholders, the community members, and the larger society. This paper expounds the notion of social responsibility of business organizations. The rise of corporate social responsibility for business organizations Even though the notion of corporate social responsibility has come into the brighter limelight in the past three decades, the debates on this issue began as early as the 1950s (Heath & Ni, 2008) when scholars began to question the role of businesses in the society. The evaluation has since extended to non-profit and governmental agencies as well. The main point of concern in CSR is whether the business organizations add any value to the societies in wh ich they operate as they strive to achieve their mission and vision (Heath & Ni, 2008). CSR emerged and developed as a realization by the members of the public that the business organizations should no longer belong to their owners or founders (Carroll & Buchholtz, 2008, p.82). The society has developed various new expectations on the business organizations. The major characterization of corporate social responsibility in a business organization is how the organization involves its stakeholders like the customers, the stockholders, the employees, suppliers, the governments, non-governmental organizations, and international organizations in its business operations and strategy development (Fontaine et al, 2006).