Note: Document below may appear distorted but all corresponding word document files will contain proper formattingExcerpt from Document:
3. Background to the study
The idea for the study was raised by the realization of the multitude of elements which impact the modern day business society and the curiosity of how organizational leaders respond to the emergent challenges. The background is constituted by a series of previous works focused specifically on the dynamics and rapidity of change in the business community, understood as the totality of social, cultural, technological, economic, political and otherwise elements which impact the business community. Some relevant examples in this sense include:
- Changes in the means in which the populations perceive the importance of environmental stability. Traditionally, the populations would engage in high levels of consumerism without regard to the impacts these had upon the natural environment. Today however, the customers are becoming more environmentally concerned and they as such force economic agents to pollute less, to produce items which are less environmentally damage, to dispose of their waste in a more environmentally responsible manner and so on.
- Changes in the purchasing powers of individuals. Before the 2007 economic crisis unfolded, the purchasing powers of the populations were on the rise. As the crisis takes its tool however, the people are less able to make their purchases, and this subsequently impacts a multitude of industries which depend on the purchasing powers of individuals. This basically means that economic agents need to retail their products and services at lower prices, which in turn generates the necessity for internal process of change within the organizations.
- The metamorphosis of the staff members from the force operating the machines into the most valuable organizational assets. This transformation forces organizational leaders to better motivate and retain the staffs who reveal the ability to support the organization reach its overall objectives.
In light of these new challenges, as well as in light of several other challenges and environmental changes which have been addressed in previous research endeavors, a question arises as to the means in which economic agents overcome the challenges[continue]
"Situational Leadership Model" (2010, October 29) Retrieved October 13, 2015, from http://www.paperdue.com/essay/situational-leadership-model-6439
"Situational Leadership Model" 29 October 2010. Web.13 October. 2015. <http://www.paperdue.com/essay/situational-leadership-model-6439>
"Situational Leadership Model", 29 October 2010, Accessed.13 October. 2015, http://www.paperdue.com/essay/situational-leadership-model-6439