My Development as a Future Leader

My Leadership Style

The leader plays a critical role in the management of a company and thus, the business development. There are many theories of leadership, but as a leader, the argument that is most suitable is the contemporary style of leadership. The possibility of the individual as a leader is what the theory tries to explain (Waddock and Bodwell, 2017). My choice of leadership style is charismatic style of leadership. It is because I feel that my personality and mentality suits this style of leadership style and concept. As charismatic leaders aid its subordinates by their speech and motivate them by being a companion and showing the brighter side of an operation and this is what an ideal leader should do.

(Indiatoday,2017)

Many great leaders like Indian freedom fighter Mahatma Gandhi, Former U.S president Barack Obama etc followed charasmatic style of leadership.They attracted many followers through their charm and personality and motivated them to achieve the goals.

In a company, using the authority to force the employees into doing some job is not something that is practical because it ultimately leads to the decline of productivity. The employees do not create things under this type of traditional leadership as they fear that their leaders would not understand their goals.

Figure : Charismatic Leadership Style
(Source:Maaket al., 2016 )

The leader has the power to create a robust and integrated corporation so that the system that is built can also help the society and the people who work for the company. Interpersonal skills are significant aspects that help to develop an efficient leader since these types of leaders try to realize how people perceive their aims and their opinions. The ways that a leader undertakes to motivate his or her subordinates is the best way to judge the capability of that leader. There are various ways in which the leaders may motivate the staff- he may use his authority, through speech and charisma and power-coercion (Kanget al., 2015). 

Figure: Ways to Measure the effectiveness of leadership
(Source: Waddock and Bodwell, 2017)

My Leadership Experience

During my MBA course in term 1 we had different group activities and assignments where new groups were formed and each student were given the opportunity to become the leader. So in my first week of course itself i was given the opportunity to become the leader. To lead the group members with new group is really difficult as all the members are new and are from different cultures,backgrounds,speaking different languages etc.

Picture clicked during Group activity

During my projects and group activities, I have observed that when I motivate my team members into doing a work, they complete the work with efficiency. They believe the fact that I trust them and hence, they are always loyal to the target that I have set for the team. They believe in integrity as I do, that is me and my team share the common goals which is very important to accomplish success in any kind of professional work or project. The reciprocal nature of the relationship between a leader and the members of a group was the greatest lesson that everyone in my team identified during the course of the project. The employee-oriented leader always sheds light on the interests of the employees and identifies the individual differences (Amanchukwuet al., 2015). They gain the trust of their employees through their actions and sees everyone as equal. They focus on how the work can be completed and what are the strategies that are required to achieve their target. The leader must also assess the characters that he or she provides to the subordinates (Maaket al., 2016).

Feedback from Group Members :

1st Group Member : Jeet Lakun liked my Motivational and communicational skills. The way I motivated team members when the goal was really difficult to achieve is what a quality of a good leader. He also said that I have excellent communication skills and good body language and I maintain proper eye contact while communicating to others.

2nd Group Member :Yasmin Mouhoub found me very creative and found my confidence level to be high at all the given tasks. For example in Lego blocks task, Our group was running out of time to build the tower and it was impossible to be complete the tower but when i guided everyone to use the different way of doing the task and my confidence that the tower would be completed and this not only helped us to complete the tower  but also made us to win that tower task.

3rd Group Member : Muhammad Rinaldi finds me to be charismatic leader. My charming personality makes me easy to get along everyone. He finds me more friendly and reliable which makes my team members to trust me more. He thinks that I need more time to be perfect charismatic leader, I am a charismatic leader in making.

Personal Development Plan :

I was able construct my strengths and weaknesses after constructive feedback from my team mates. Famous blogger Seth Godin  said that “Charisma doesn’t cause to become a leader. Being a leader makes you Charismatic.(Patel,S. 2017) So many years of experience is needed to become a perfect charismatic leader. After returning to my home country I would use this leadership skills to expand my family retail business globally as now this leadership class has helped me develop skills where u have to co-ordinate with different people of different country and this would help me in future for appointing and working with the employees from different countries and leading & motivating them in a charismatic style.

Refrences

Amanchukwu, R.N., Stanley, G.J. and Ololube, N.P., 2015. A review of leadership theories, principles and styles and their relevance to educational management. Management, 5(1), pp.6-14.

Kang, J.H., Solomon, G.T. and Choi, D.Y., 2015. CEOs’ leadership styles and managers’ innovative behavior: Investigation of intervening effects in an entrepreneurial context. Journal of Management Studies, 52(4), pp.531-554.

Maak, T., Pless, N.M. and Voegtlin, C., 2016. Business statesman or shareholder advocate? CEO responsible leadership styles and the micro‐foundations of political CSR. Journal of Management Studies, 53(3), pp.463-493.

Patel, S. (2017). The5 Characteristics That Make a Charismatic Leader. [online] Entrepreneur. Available at: https://www.entrepreneur.com/article/297710 [Accessed 4 Jan. 2019].

Waddock, S. and Bodwell, C., 2017. Total responsibility management: The manual. Routledge.

Change Management

Image result for change management
Source : Axelos (2015)

Change is something that cannot be avoided in the course of any process. It is essential to embed the changes that come in the way positively and use it to the full potential. In the same way, businesses are always subjected to changes in demand of the market. The companies have to be tactful and swiftly incorporate the modifications that are required from the market. To achieve the goal of excellence, an organization adapts to the changes that are needed of them. The stakeholders, employees and the company, all of them, undergo a process of change whenever a minute modification occurs within the organization (Cameron and Green, 2015). Change is inevitable, and hence the leaders, management and the workers have to adapt to it

The phenomenon of change management comprises of various phases and there are some factors which should be considered while going through the phases. Factors are as follows :

Source :Researchgate (2015)

Visionary Leadership: It is necessary for the leaders to ensure that whatever change is incorporated into the system is compatible with the organization and the employees, hence, a decision-making meeting involving the staff and the leaders is essential so that everybody can present their views on the matter and the impact of the change on the company.

The sense of Urgency: Some of the times it so happens that the demands of the market change so rapidly that the company needs to fulfill them in a short notice.  If they do not, the customers may move onto buying the products from rival brands. Hence, to ensure that this does not happen, the organization must be ready at all times to accept the change rapidly and work through it. 

Communication Programs: The company must present the future view of their strategies so that the employees can figure out how they must collaborate to achieve their goals. To build excellent startegy, it is required that the interaction among the leaders and the workers is a two-way relationship. It is in this way that the work culture can be developed and the change can be brought about positively .

What is Brexit ?

Brexit is the short word used for British Exit from the European Union – which is political and economic union of 28 countries which trade with each other and allow the people to move easily between the nations. So by 29th March , 2019 UK will leave EU. So this will have a huge impact on the UK based companies as after Brexit there will no free movement of goods and services, labour, capital and the companies will have to make different changes in their strategies to go through this situation. (BBC,2018)

Impact of Brexit on the Organisation – Example of GlaxoSmithKline

Source : (Forbes,2018)

Brexit or British exit from the European Union will be affecting the industries of the United Kingdom in a significant way. The automotive industry, airline industry, pharmaceutical companies will all feel the change due to the absence of Britain in the European Union. GlaxoSmithKline is a UK based pharmaceutical company established in the year 2000 having its head-quarters in Brentford, London. (GlaxoSmithKline, 2019)

In the year of 2018, GlaxoSmithKline Limited has experienced a decline in its revenue of about two per cent and it has been traced to the indirect consequences of Brexit. The company estimates Brexit related costs as high as 70 million pounds as Britain’s biggest pharmaceutical company looks to keep up an unfaltering supply of items to patients around the globe.(Paton,2018) The operating profits were also not doing well and were affected by exchange rates. The constant exchange rates or CER have fallen by three per cent and if it continues to maintain this rate of decline, then it is estimated that the company will witness a decline of approximately five per cent in revenue. (GlaxoSmithKline, 2019) GSK was the world’s sixth largest pharmaceutical company as of 2015 but now I have been shifted to 9th position have very serious effect on the goodwill of the company.(Forbes,2018)

Figure: GlaxoSmithKline sales and revenue chart
(Source: GlaxoSmithKline, 2019)

The solution is to keep increasing the quality of the products manufactured by GSK and building marketing strategies that would help to increase the sales all over the world. The action plan has to be made by taking advantage of the positive aspects of the company and simultaneously working on the weaknesses that would help to bring down the negative aspects.

Possible Action Plan

GlaxoSmithKline will be  indirectly impacted by Brexit and in the long run of the company, it will observe a higher influence if it does not formulate a possible methodology to transform these negative outcomes into a positive and profitable one. So they have planned to : extend their capacity in the EU and the UK  market and also conduct  re-testing and accreditation of drugs; Exchanging Marketing Authorisations enlisted in the UK to an EU market; updating packaging and packaging leaflets; amending manufacturing and importation licences, and securing additional warehousing.(GSK,2018) The strategy for change management must be created based on the study of human resources and human dynamics, develop the bond among the organisation’s employees which ultimately leads to an enhancement in productivity. An increase in productivity would also result in a higher trade among the countries.

Conclusion and Recommendation

It is recommended that the companies must be prepared for the possible changes that they might be exposed to in the future. There are several phases through which the company must go through to incorporate the modifications in their system. Since a lot of people are involved in the development of an organization, the change affects every one of them. Everyone must get the idea of the need for a new system or technology and then develop their ways of implementing it.

Refrences :

BBC (2018). Brexit: A really simple guide. Available at: https://www.bbc.co.uk/news/uk-46318565 [Accessed 2 Jan. 2019].

Cameron, E. and Green, M., 2015. Making sense of change management: A complete guide to the models, tools, and techniques of organizational change. Kogan Page Publishers.

Forbes (2018). Available at:https://www.forbes.com/global2000/#57de629e335d [Accessed 4 Jan. 2019].

GlaxoSmithKline (2018)  Available at https://www.gsk.com/ [Accessed 2 Jan. 2019]

Gsk (2018). Our approach to Brexit | GSK. [online] Available at: https://www.gsk.com/en-gb/media/resource-centre/our-approach-to-brexit/ [Accessed 4 Jan. 2019].

Hayes, J., 2018. The theory and practice of change management.

Paton, J. (2018). Bloomberg – Are you a robot?. [online] Bloomberg.com. Available at: https://www.bloomberg.com/news/articles/2018-03-15/drugmaker-glaxo-sees-up-to-100-million-in-initial-brexit-costs [Accessed 2 Jan. 2019].

Contemporary Leadership Styles: How relevant are they in today’s changing world ?

Source : theedadvocate (2016)

Leadership is the key aspect of an organization. It is a value that needs to be built and just cannot be put into a corporation. A good leader is a boon to the company while leaders who fail to keep the employees’ interests before them prove to be a curse for the organization. Since the introduction of technology in today’s era has reduced the requirement of manpower, the leaders must work in building people who work intelligently and not depend on technology solely for creating new ideas (Wagner,2016). This is the primary challenge that the organization faces.

Contemporary Leadership styles

With respect to the constant changes, the society is exposed to contemporary leadership which helps to accomplish the common set of goals and aims. Contemporary leadership stresses on the fact that the changing environment and the ability of the effective leaders to adapt to those changes along with his subordinates is the primary requirement for the development of an organisation. The leaders will be chosen on the basis of their personal and cognitive capacity to handle the situations which are complex and contradictory.  The different kinds of this leadership are:- transformational, transactional and charismatic leadership theories. Transformational leaders have the capability to initiate a change in the environment and at the same time encourage their employees to bring it about in the organisation. Transactional leaders motivate their subordinates by providing them rewards for their contribution in the company. (Mullins and Christy, 2016) Charismatic leaders on the other hand can create an impact on his or her followers through their speech, charm and personal features. Charismatic leaders gain the trust and loyalty of their employees who trust the vision of their leader. This type of leaders do not use their authority to control their subordinates but instead use their influence to achieve the aims of the company. (Patel, 2017) (Mullins and Christy, 2016)

Traditional Leadership styles

Traditional leadership usually describes how the employees must be controlled and supervised. Types of traditional leadership are the behavioural leadership model, situational leadership model and the train theory model. Behavioural leadership model talks about how the personality and behaviour of a leader affects their role.  This is again of three kinds- autocratic, laissez-fire and democratic. Situational leadership talks about how the subordinates eagerly works for achieving the goals that the leader has set for them. Trait leadership concept explains that the characteristics of an individual decide whether he is capable of supervising the people under him.(Mindtools,2016) (Mullins and Christy, 2016)

Significance of Contemporary Leadership styles

Contemporary leaders help to accomplish the goals by making efficient decisions,use their emotional intelligence and influence to drive their subordinates into achieving their goals and accomplishing their maximum potential. Contemporary leadership is therefore a lot advantageous, effective and practical than the traditional leadership styles .

Women as a leader

Figure : Global Gender Gap Report

Women as a leader helps to build integrity and increase interaction among the employees which is very important factor of contemporary leadership. Gender must not be the judging  factor in choosing a leader instead the traits must be the factor to help assess the leadership quality such as  the personal strengths and weaknesses along with the overall personality of the individual. But from the above graph it can be seen that , in different sectors while appointing women as a leader of the company they are given less chances as compared to men and hence men are appointed as a leader. Even if they have good leadership qualities, due to gender inequalities they miss the opportunity. It has been observed that some companies even indulge a policy of pay parity between male and female workers which is completely illogical. In fact, the women prove to be better leaders compared to men with more qualities of contemporary styles of leadership which are the requirement of current changing world. Women fear to speak about their ambitions openly and accept whatever position the company provides them. (Sandberg , 2015)

Marissa Mayer

Source : Dailyexpress (2017)

Marissa Mayer is the women who transformed Yahoo company to exceptional position with her Contemporary Leadership Style. She was the CEO of Yahoo and is also known as one of the most technology-oriented female leader of all time. She was placed 8th of 50 Most Powerful Women in Fortune Magazine of the year 2013 (Forbes,2018).Marissa Mayer shows that she has unique, paradoxical of transformational leadership and very exacting, perfectionist focus on individual tasks. Under her transformational leadership style, she was able to change the face of the Yahoo website and make it relevant compared to its competitors for example, Facebook and Google. There have been haters of Mayer with how she managed the budget of the company with short acquirements. But, her appreciators were impressed by the courage that she has shown to take the company at a level where it competes with major companies like Google.(Beugre,Acar,Braun,2006)

Conclusion and recommendation

From the above discussion, it can be recommended that leadership is an essential aspect of an organization and contemporary leadership styles are more relevant in today’s business world than the traditional leadership styles. But sometimes due to changing situations, combinations of different leadership styles should be developed by the leader to lead the organization. For turning this important aspect into a positive outcome, the leaders must be chosen wisely. The role of a leader must be understood properly, and he or she must earn respect from the employees of that company. A woman leader has equal opportunities to garner success for the company with her leadership qualities when compared to a male leader. In Overall, be it a male or a female leader both of them have to adopt a proper leadership style (i.e contemporary leadership styles) as required by the changing world.

Refrences

Beugre, C., D., Acar, W., & Braun, W. (2006) Transformational leadership in Organizations. An environment-induced model. International Journal of Manpower,27(1),52-62

Forbes (2018)  Marissa Mayer. [online] Available at: https://www.forbes.com/profile/marissa-mayer/#29af98814c5e [Accessed 2 Jan. 2019].

Mullins, L. and Christy, G. (2016). Management & organisational behaviour. 11th ed. Harlow, England: Pearson.

Mindtools (2016). Core Leadership TheoriesLearning the Foundations of Leadership. [online] Available at: https://www.mindtools.com/pages/article/leadership-theories.htm [Accessed 2 Jan. 2019].

Patel, S. (2017) The 5 Characteristics That Make a Charismatic Leader. [online] Entrepreneur. Available at: https://www.entrepreneur.com/article/297710 [Accessed 2 Jan. 2019].

Renz, D.O. (2016) The Jossey-Bass handbook of nonprofit leadership and management. John Wiley & Sons.

Sandberg, S. (2015)  Lean in-Women, Work and the Will to Lead.

Wagner, W.E. (2016) Leadership for a better world: Understanding the social change model of leadership development. John Wiley & Sons.

Can Culture Be Managed Within An Organisation ?

The definition of organizational culture goes on to say that it is a practice of sharing similar opinions, hopes, values, and ethics that decide how people communicate and work with each other. The main deciding factor of how workers of an organization are going to interact with their colleagues depends on how the systems of that organization work. The functionality and unique features of a system helps to understand the culture of the corporation. The organizational culture is usually controlled by the head of the company along with their supervisors. Their leadership helps to train the employees and understand how the organizational culture can be enhanced to increase business and ultimately lead to the development of the company (Bourne, 2016). The influence of the managers thus plays a very important role in the development of culture.

The success rate is governed by the aspect of organization culture since it affects the methodology that the company adopts and the processes through which they are managed. Moreover, the managers must help the employees to incorporate the idea of trust and loyalty for the organization and also provide the proper training to build the interaction between the colleagues. Healthy competition is always encouraged by an organization. But, at the same time, people must also be sensitive towards each other and think for the company before they think for themselves. This is the critical trait on which the concept of organizational culture thrives.


Figure: Characteristics of Organizational Culture
(Source:Elsmore, 2017)

Corporate Culture and its significance

Source : (Cloudreach,2018)

The Cloudreach company in the United Kingdom is a computer consultancy firm that follows the notion- the managers of the company believe in being the leaders, who motivate their employees and pushes them to achieve their potential. Recently, reviews have come up that they are complaining about the work culture of the company (Cloudreach, 2018). The organization has been hiring a lot of freshers, and some of the times it is unable to control them. In addition to this, some of the staff complain about the extended long hours, and they feel completely drained. The workaholic cultures become unbearable in some of the situations. The management of the company does not provide much help to the employees, and hence they have put up reviews which ultimately shows that they are not satisfied being a part of the company and wants changes to be incorporated so that they work with a clear mind and focus on their target.


Figure: Organizational Culture Model
(Source: Pinterest,2018)

The core values of an organizational culture which can be used to improve situation in Cloudreach company are as follows:

Collaborate: The organization must induce the value of working together and understand the views of their colleagues (Kucharskaand Kowalczyk, 2016). It is essential to incorporate the values of teamwork, and team effort within the workforce as unity helps the business to move forward in a positive direction.

Create: The organization must realize the important things in their culture and try to resolve them or enhance the existing strengths of the company. Some of the times, the management is unaware of how the things are operating in the basic level within the firm. There must be strategies and tactics to understand if the employees are satisfied with the job that they do and are the company is able to understand their dreams so that it can help them achieve it (Gao, 2017).  Innovative ideas are always welcome, and the management must continuously motivate the workers into pouring their ideas.

Control: The hierarchy of the organization must understand the needs for doing things correctly and do as fewer mistakes as possible. The bigger companies like Cloudreach have to pay a bigger price for a small error.

Compete: The performance of the company is decided on the basis of how its product and its services sell in the markets. The technology has transformed the world to a huge extent. The business developers are always trying to find out some strategy or the unique features within their products that would increase their sales (Elsmore, 2017). All these things must be done quickly as the market, and its demand keep on changing. The organization needs to embed the changes quickly to compete with the best brands in the market and this processes are only possible if the employees of the company are happy.

Conclusion and recommendations :

Cultures can be managed within an organisation but it is advised that the significance of organizational culture must not be taken carelessly. It is the value that helps to build the foundation of any company. Employees enjoy a creative and interactive workplace that aids in understanding their requirements. Cloudreach is a highly reputed corporation and to receive the trust of its workers the management and the supervisors must improve their work culture in every way possible. It is also recommended that since the employees are the driving force of any company, their needs and satisfaction must be the priority of the system. The relationship between the company and the employee is reciprocal; if the organization works for them, the employees will work for the company.

Reference list

Elsmore, P. (2017) Organisational Culture: Organisational Change?: Organisational Change?. Routledge.

Gao, Y. (2017) Business leaders’ personal values, organisational culture and market orientation. Journal of Strategic Marketing, 25(1), pp.49-64.

Bourne, L. (2016) Stakeholder relationship management: a maturity model for organisational implementation. Routledge.

Kucharska, W. and Kowalczyk, R. (2016) Trust, collaborative culture and tacit knowledge sharing in project management–A relationship model.

Cloudreach (2018)  Available at https://www.cloudreach.com/ [Accessed 2 January 2019]

Pinterest. (2019). Organizational Culture Model / Kim Cameron & Robert Quinn | UX Process, Models & Other Diagrams | Pinterest | Model and Diagram. [online] Available at: https://www.pinterest.co.uk/pin/108438303510841849/ [Accessed 2 Jan. 2019].