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Strategic leadership style
Strengths and weaknesses of strategic leadership style
Different communication in a business environment
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Within our group, Clay acted as one of our primary leaders, especially in BizCafe, in which he was the team member with the responsibility to advance the simulation each week. Clay’s top trait according to StrengthQuest is Belief. I think Clay moderately displayed the Belief trait in mostly positive ways. While open to compromise and flexibility, in BizCafe, Clay would enter into situations with an idea already in his head. For example, when dealing with Special Decisions in BizCafe, Clay would always have an opinion on how to deal with the problem, his motivations based in his values or in pragmatism. Sometimes however, usually in trivial cases, these strong beliefs lead to a level of stubbornness and inflexibility, for example, at the beginning …show more content…
In BizCafe and project meetings, Clay consistently initiated and added onto discussions, generally staying on topic and offering good contributions. Clay often lead important discussions but made sure not to talk over the contributions of others. Although he often acted as the de-facto leader, he would always cede with what the majority supported or alternatively try and persuade the group to try a new method if he believed it would benefit the group as a whole. Perhaps the best example of this was on the eleventh period of BizCafe when our numbers were not doing well. At this point, we all felt defeated and with so few periods left we were concerned that there was no way for our team to succeed in the simulation. With new information about how Tigré was running their café, Clay proposed a drastic new strategy of expanding our hours, hiring way more employees, and cutting advertisement. This new strategy turned out to be incredibly successful, even though some of us were hesitant to try it at first. Clay reframed the issue so those who were undecided could understand his viewpoint. Throughout the BizCafe simulation, Clay was one of the most active contributors, proposing changes and strategies large and small. A minor role Clay exhibited was that of Encourager, with I observed both inside and outside of our group. Throughout the semester, Clay has worked to acknowledge the contributions of
The concept of belief perseverance (Myers, 82) can be found in the film, “12 Angry Men”. Throughout the film, the jury members discuss the verdict of a young, Mexican boy. It is essential to note that all twelve men serving on the jury are Caucasian. Somewhat because of the boy’s ethnicity, many of the jurors are initially in support of submitting a guilty verdict. This is made clear in the film when Juror #10 verbalizes what he ‘thinks’ is the opinion of the group; “Now, look - we're all grown-ups in here. We heard the facts, didn't we? You're not gonna tell me that we're supposed to believe this kid, knowing what he is. Listen, I've lived among them all my life - you can't believe a word they say, you know that. I mean
portrays is one of uncertainty and one which has a lack of self control. Faith
As making a decision is a critical behavior, Biz café was absolutely a practical learning experience because it provided me make decisions based on the significant factors of running a business. Moreover, what I have learned from my experience of doing biz café simulation can be divided into two parts such as identifying business essential factors and clarifying the importance of group effects. To begin with, I have become familiar with the significant aspects of managing and running a business although it was difficult to comprehend how to consider the aspects work together at the beginning of the simulation. For instance, vital factors to decide such as managing, marketing and accounting influenced me that I should spend money on acquiring my customers to increase sales and satisfactions as they directly make up a large part of the revenue and net income.
In the last decade, wireless communications technology has grown rapidly in the global business community. The convergence of two key wireless technologies- mobile wireless communications and the internet has presented a plethora of opportunities for organizations through mobile business hereinafter referred to simply as m-business. M-business is a new business model which utilizes the internet for data/voice transmission through the deployment of wireless devices like smart phones, tablets and e-purses (Gartner, n.d. ). According to Picoto, Belanger and Palma-dos-Reis (2013) m-business has revolutionized the way organizations conduct business as customers are increasingly resorting to m-business. This pragmatic shift can be explained by the reliance on mobile devices for example smart phones to shop online. Undoubtedly, the market for m-business is on an upward growth curve with forecasts establishing higher global uptakes in coming years (Picoto, Belanger, & Palma-dos-Reis, 2013). With such high growth potential, one cannot help but ask what value m-business holds for contemporary organizations?
On the surface, the seven-member MGI team which comprised of Henry Tam and Dana Soiman – both current HBS MBA Students, Alex Sartakov – a Berklee College of Music student, Dav Clar – a MIT graduate student, and Alexander (Sasha) Gimpelson, Igor Tkachenko, and Roman Yakub – the MGI founders, seems like an ideal team, with each member bringing different experiences and technical skills to help with the business plan contest at HBS. However, as we will see in this paper, interpersonal dynamics, a lack of clear leadership, resulting in unclear team goals and individual roles, and a lack of healthy group norms, contribute to an ineffective team process at MGI. With the deadline less than three weeks away and the team without even a first draft of the business plan, Henry is certain that the team would not meet the deadline if it continued to function as it had so far.
Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and has not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed-price contracts with little to no stipulations. For this project, Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the project.
Business deals are closed between two entities with one entity being the seller and the other one being
The paper presents a detailed discussion on implementation of BIM in a construction project by defining a BIM team in the various phases of construction i.e. from conception to commissioning. Also, the paper presents a brief discussion on processing the information utilizing the i-rooms.
It seems that Mr. Nardelli and his team followed some of the steps of the Kotter and Cohen’s model, but not all. There are additional steps that his team could have taken to improve morale and develop the team further.
I felt collected and enthused to start. However, it did take me some time to display my confidence within the group and encourage discussion. This can be explained by 'Bruce Tuckman 's ' model (1965) , which consists of five components: forming, storming, norming,
Business to business or B to B (B2B) different from business to consumer (B2C) in many ways:
Preliminary Starbucks – one of the fastest growing companies in the US and in the world - has built its position on the market by connecting with its customers, and creating a “third place” beside home and work, where people can relax and enjoy themselves. It was the motto of Starbucks’ owner Howard Schultz and, mostly thanks to his philosophy, the company has become the biggest coffee drink retailer in the world. However, within the new customer satisfaction report, there are shown some concerns, that the company has lost the connection with customers and it must be taken some steps to help Starbucks to go back on the right path regarding customer satisfaction. I will briefly summarize and examine issues facing Starbucks. Starting from there, I will pick the most important issue and study it from different positions.
Caf? Expresso, as the first mover in the coffeehouse marketplace, which has expanded quickly and become one of the ?big three? players in the global coffee shops chain. However, recently this company is continuously facing a lot of problems in terms of its staff, easy-copied business model and product range, resulting this company lost its leading position to the number three. Therefore, its adjusted visionary goal is ?return Caf? Expresso to the number one position in the marketplace? (Beardwell, 2010). To achieve this goal, Caf? Expresso identifies ?the coffee drinking experience? is significant to achieve competitive advantage and customer value-added, which was delivered through three key elements (graph 1),
Also, the embodiment of both these qualities to the extreme degree was evidenced in Steve is rare in other Leaders, perhaps we as team now believe ― how this bundle of conflicting behavior can coexist in Steve Jobs ( in a single human being )
The stages of team development are forming, storming, norming, performing, and adjourning. Norming is the first stage that involves team members getting to know each other and trying to figure out where they fit in. As a leader, it is important to provide clear directions and set proper goals and expectations during this stage. Storming is the next stage and as the name suggest it is characterized with struggles, challenges, conflicts, and competition among team members. During this stage, I will provide a mediating role and facilitate conversations that steers the team towards the right