Lockheed Martin has woven the corporation’s mission, vision, values, and goals into is leadership, management, and governance. This blend of leadership, management, and governance position to the corporation to be an industry leader and solid competitor.
According to its website, Lockheed Martin employs a “Full Spectrum Leadership Model.” At Lockheed Martin, leadership is about more than just meeting performance objectives. Leadership is achieving results the right way—through ethical behavior, supporting diversity, and making decisions that protect the health and safety of employees as well as the natural environment. Full Spectrum leadership promotes and accelerates the company’s ability to create its own destiny and ensures that it will
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continue to succeed. This leadership style is well-aligned to Lockheed Martin’s mission, vision, values, goals, and objectives. For instance, Full Spectrum leadership has an emphasis on ethics and diversity which is the perfect match for the organization’s values of, “Do what’s right; respect others; perform with excellence.” The leadership style also promotes an environment of employee well-being, which in turn will promote creativity and innovation. The workforce’s creativity and innovation subsequently advances scientific discovery—Lockheed Martin’s vision—and solves the customer’s complex challenges—Lockheed Martin’s mission. Lockheed Martin has taken a number of steps to ensure it managers develop the knowledge, skills, and abilities needed for effective performance.
As explained on Bloomberg.com, in addition to establishing its Full Spectrum Leadership Model, Lockheed Martin created its own leadership development center. The leadership development center includes its own cable channel and deploys a team of high-potentials and middle managers to determine the best way to engage front-line leaders. Moreover, the organization has embedded the leadership imperatives into the employee survey to enable the organization to chart their progress and identify areas for …show more content…
improvement. Lockheed Martin’s current CEO, Marillyn Hewson, is the perfect fit for the organization. Her educational background and experience, along with her personal attributes, make her a tremendous asset to the organization. Throughout her life, Marillyn Hewson has had close ties to the military and federal government. Her father was a civilian working for the army and her mother was a member of the Women’s Army Corp. When she graduated from college, she began working at the Bureau of Labor Statistics—which is a unit of the United States Department of Labor. (PR, 2012) Ms.
Hewson earned a bachelor of science in business administration and a master of arts in economics from the University of Alabama. Later, she attended the Columbia Business School and Harvard Business School executive development programs. (Kowitt, 2013)
When she first joined Lockheed Martin, Marillyn Hewson accepted a position as a senior industrial engineer. Two years later, Ms. Hewson was accepted into Lockheed Martin’s general-manager development program. She was subsequently placed in a variety of different roles, within different business areas and functions throughout the company. This program and the series of 19 positions over 30 years gave Ms. Hewson a vast and unparalleled breadth and depth of knowledge of Lockheed Martin. (Kowitt, 2013)
Presently, Ms. Hewson is the President and CEO of Lockheed Martin. She chairs the Sandia Corporation board of directors and serves on the board of DuPont. In addition, Hewson is a member of the Association of the United States Army Council of Trustees and the University of Alabama’s Culverhouse College of Commerce and Business Administration Board of Visitors. (PR,
2012) Marillyn Hewson is known for her work ethic. Her mother saved a note that she wrote as a young child asking her father to wake her up at 6am because she had a lot of work to do. During high school, she worked at Dairy Queen and put herself through college working as a nighttime switchboard operator. Her predecessor, Bob Stevens, commented that Ms. Hewson loves a challenge. As a result, her colleagues would mention her whenever a difficult assignment came up. (Kowitt, 2013) Marillyn Hewson is also known for her commitment to continuous learning. During her early career at Lockheed Martin, she taught economics in the evenings so that she could stay abreast of developments in the field. Additionally, throughout her career at Lockheed Martin, Ms. Hewson continued to take on roles of increased complexity that pushed her to learn even more. (Kowitt, 2013) Marillyn Hewson’s behaviors, decisions, and actions contribute to the organization’s mission, goals, vision, objectives and reputation. Most notably, Ms. Hewson’s close personal ties to the government and military make her relatable to the corporation’s customers and helps her to better understand their needs. Similarly, her extensive and varied career at Lockheed Martin has provided her with incredible knowledge and a unique perspective which enables her to understand the challenges that the organization and its workforce face. Ms. Hewson’s ability to understand both the customer and the corporation has undoubtedly enabled her to successfully lead the organization to achieve its objectives. Ms. Hewson’s work ethic has also influenced the organization and given it a passion to achieve the most challenging goals. Lockheed Martin’s corporate governance structure helps ensure the organization is successful. Like other corporations, Lockheed Martin has a board of directors elected by its shareholders who have a fiduciary responsibility to the shareholders. What is different about the organization’s governance structure, is the number of special committees that make up the board. While organizations are only required to have three different special committees (which typically include audit, compensation, and nominations), Lockheed Martin has 7 special committees. In contrast, Northrup Grumman, one of Lockheed Martin’s top competitors, has only four special committees—audit, compensation, governance, and policy. Those additional committees helps ensure the organization’s corporate governance is well-aligned with the company’s mission, vision, values, goals, and objectives. For instance, Lockheed Martin’s special Classified Business and Security Committee was established because of the sensitive and oftentimes classified information that the corporation encounters when doing business with the department of defense. And, it’s also clear that this committee was established to help further the organization’s objective to keep people safe. Similarly, the board of directors has also established an ethics and sustainability special committee—with the objective of furthering the organization’s commitment to Do What’s Right. Lockheed Martin’s governance structure is formally documented on its corporate website. The information is centrally located on the website’s dedicated corporate governance page. The corporate governance pages include a number of documents and other information that are helpful to current and future employees, shareholders, and board member. The website includes a listing of the board of directors and highlights their impressive professional experience and qualifications. In addition, the web page includes the corporate charter, bylaws, stock ownership requirements, insider transactions, related persons transaction policy, ethics policy, and the corporate governance guidelines. The corporate governance guidelines explains the role and responsibilities of the board—including the requirement that the board members provide expert oversight and make independent decisions. Lockheed Martin’s corporate governance structure stands out from its competitors because of the additional oversight committees that provide additional focus on the organization’s mission, visions, values, and goals. The additional oversight and guidance provided by the Classified Business and Security Committee serves as a competitive advantage. Similarly, the board’s hyper focus on ethics is also a valuable competency that makes Lockheed Martin a leader in the industry. Lockheed Martin’s leadership, management, and governance are a perfect fit for the corporation. In addition, the organization has ensured that its mission, vision, values, and goals are reflected in its leadership, management, and governance. These actions position Lockheed Martin to be a clear leader in the aerospace and security industry.
Since Full Spectrum Leadership was introduced in January 2006, it has provided a consistent foundation for selecting, developing and assessing the performance of leaders at all levels. Full Spectrum Leadership has become embedded in the Lockheed Martin culture, and it has changed how leaders perceive their roles in the company.
“Military leadership qualities are formed in a progressive and sequential series of carefully planned training, educational, and experiential events—far more time-consuming and expensive than similar training in industry or government. Secondly, military leaders tend to hold high levels of responsibility and authority at low levels of our organizations. Finally, and perhaps most importantly, military leadership is based on a concept of duty, service, and self-sacrifice; we take an oath to that effect.”
Introduction According to the Oxford Dictionary, a leader is defined as “the person who leads or commands a group, organization, or country” (Oxford Dictionaries, 2013). Though there is a definition for what a leader is, people still have different ideas about what a leader should be and how he or she should act. There has never been a concrete idea of what a leader is; the only thing we know is that this person is the one in charge of the unit. We look at characteristics of those people we see as leaders and use those attributes to compare other people to see if they are able to be as good as, or even better than, those aforementioned leaders. We have to keep in mind that in different situations, leaders must do different tasks which indicates the need for different qualities.
Lockheed Martin is an organization that heavily relies on its defense contracts in order to generate revenue. In 2005, 95% of Lockheed Martin’s revenue came from the US Department of Defense, other US Federal government agencies and foreign military customers (Defense News, 2007). Lockheed Martin earns this revenue by winning government contracts. As previously noted, Lockheed Martin has a large customer base with the US Department of Defense. The company is the largest provider of IT services, systems integration, and training to the government (Lockheed Martin, 2008). Other customers that provide revenue for Lockheed Martin are international governments and some commercial sales of products and services (Lockheed Martin, 2008).
Leadership is contagious throughout the world and most importantly in the Army. It is not just my view, but of all leaders, at all levels, that organizations are responsible for setting conditions that lead to long-term organizational success. As I reflect on my experiences, through experience and observation, I realize how my values, beliefs, and perspectives about leadership continuously evolve over time. Recognizing these changes over time helps me better understand that people in organizations have different perspectives in life. This leadership narrative serve as important guiding principles for how I will lead at the organizational level and represents my thought, values and beliefs.
The SWOT process will start by examining the internal strengths of the Boeing Company of today. One of the most dominant strengths possessed by Boeing is its ability to follow the changes in a market that is continually changing. The type of products produced by The Boeing Company demands the use of state of the art technology while maintaining all the proper safe guards for sa...
Leadership is the action of leading a group of people or an organization. Leadership is leading a group of people or company to reach a result or further and the organization. A leader is supposed to be an example of how all employees are expected to act and what they should be striving for. Good leaders also don’t use their position within a company to take advantage of the company and its employees. A good leader is supposed to be able to perform their job with high standards, efficiency, and honor. However, for every good leader, there are bad leaders and the worse the leader the more detrimental he or she becomes to employees and the company they run. Poor leadership skills can ultimately ruin a company 's chance of success. The attitude
Leadership is not a position but an action that is undertaken by an individual. Leadership is not just about giving orders, yet it is the action of serving others. According to Robert Townsend, “A leader is not an administrator who loves to run others, but someone who carries water for his people so that they can get on with their jobs” (2013). A good leader will support his or hers employees because a leader is not judged on their own actions, but they are judge on the success of those that they support. In the modern era, we look at business leaders in the same way that historians view military commanders or kings of the past.
With this in mind, we strive to excel in every aspect of our business and approach every challenge with a determination to succeed. Mission Statement Lockheed Martin is a diversified technology company serving the needs of United States government, military and selected international customers. The current mission, vision, and value statements are written very broadly to provide the five divisions within the company with an overall direction and strategy. Each division then interprets the strategy and goals to develop operational processes, procedures, tactics and plans to implement and achieve those goals.
"Boeing: History -- Introduction - The Shared Heritage." The Boeing Company. Web. May 2011. .
Leaders are the individuals who help to create options and opportunities. They help in identifying the choices and solve the problems. They build commitment and coalitions. Leaders do this by inspiring others and working along with them to construct the shared vision of the possibilities and commitments of a better group, organization or community. They engage the followers in such a way that most of the followers become leaders in their own right. The variety of demands of an increasingly complex world very often require that leadership be shared by most of the members of an organization, in appropriate ways for different situations. A leader is the on...
Several factors contributed to their success, discuss them. The individual I am researching is a woman by the name of Ursula Burns. Ursula Burns is the chairman and chief executive officer of Xerox Corporation. Ursula joined Xerox as an intern in 1980 and during her career she has held leadership posts spanning corporate services, manufacturing and product development. She was named president in 2007, chief executive officer in 2009 and chairman in 2010.
Alan Mulally’s development as a leader began at childhood and continued late into his career at Boeing. In an interview with scholars Prasada Kaipa and Mark Kriger (2010), Mr. Mulally attr...
The practices of a leader can have wide spread implications. They can impact individual stakeholders and the organization as a whole. Clark (2013) states that “you must be the role model you want others to grow into” (para. 9). A strong leader leads by example, is ethical, and earns the trust and respect of their followers. They are also conscientious of the impact they have on the world around them. They practice impeccable communication and learn to inspire others with a positive vision for the future. Clark (2014) describes leadership as the methods of influencing others to accomplish objectives in a collective manner in the direction of the organization's vision.
Many people associate leadership with a specific job title or form of power within an organization. However, through personal experience, I have concluded that leadership can come in many forms and position as well as from multiple sources of roles and job titles both with and without power. Based on the definition of leadership, anyone can be considered a leader as long as they have the ability to influence people to achieve a particular result or goal which benefits the organization or group as a whole. Individuals with a secure sense of self and understanding, acceptance of diversity within an organization tend to be the strongest leaders that not only make others want to follow, but they also encourage other leaders to gravitate to their