Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … Leadership Theories
Select one of the leadership theories and then identify how you might apply the principles of this theory to aid in merger and acquisition.
In any organization, the overall leadership style will play a major role in determining the direction of the company. As the actions that are taken by managers, will set the tone for future growth and how the staff will focus on achieving their different objectives. One of the most common leadership principals that are used is: situational leadership. This is when executives are looking at different circumstantial variables, to determine the most appropriate course of action. Where, their underlying amounts of leadership will be adjusted, to reflect the changing conditions. (Cherry, 2010) A good example of this can be seen with the merger that would take place between: Exxon and Mobile in 1999. What happened was oil prices were hitting at all time low, which was squeezing the profit margins of both companies. To reduce costs and increase their overall reach around the world, the two entities would merge together. This would help the new company...
("The Merger," 2010) This is important, because it shows how the situational leadership theory, can help executives to identify new opportunities, based on the changing conditions that are taking place. As the principals from this theory, will help managers be able to identify when an organization needs to be adapting to various changes. At which point, executives can begin to spot mergers and acquisitions that would benefit both organizations.
Develop a leadership plan for your proposed merger and acquisition based on the theoretical and practical dimensions of effective leadership.
To develop a plan for any proposed merger using situational leadership requires utilizing a number of different principals to include: determining the current environment, recruit members of the staff (who can help implement the strategy), create a transition team that can work between both companies and set predetermined benchmarks for evaluation. Determining the current environment is when executives are looking at…
Bibliography
The Merger. (2010). ICMR. Retrieved from: http://www.icmrindia.org/casestudies/catalogue/Business%20Strategy2/Business%20Strategy%20The%20Exxon-Mobil%20Merger%20Controversy.htm#The Merger Rationale
Cherry, K. (2010). About.com. Retrieved from: http://psychology.about.com/od/leadership/p/leadtheories.htm
Lopen, S. (2010). E How. Retrieved from: http://www.ehow.com/how_6946237_do-evaluate-public-school-environment_.html
E. leadership (Pruyne, 2001, p. 6), but also that "determining how to abstract a set of leadership concepts that apply across contexts without sacrificing an understanding of how the conditions and qualities involved in leadership vary among those same contexts" remained elusive (Pruyne, 2001, p. 7). Experts provided extended series of examples, mostly from the 20th century, demonstrating how leadership characteristics change over time and vary with context. Therefore future,
Leadership Philosophy PHILOSOPHY A leadership philosophy can be described as the way we perceive ourselves as leaders. Not only our actions are guided by this philosophy but it also alters our behaviors and moulds our thoughts. Both internal and external forces are responsible for influencing our individual philosophies. By changing one's philosophy regarding leadership, one can definitely change himself/herself as a leader. Leadership philosophies can change an individual once he/she starts to
Theory Y Theory X Theory X / Theory Y Theory X / Theory Y reflects Douglas McGregor's suggestion in The Human Side of Enterprise that managers tend to fall into two categories, in terms of how they see human nature. Theory X managers take a 'carrot and stick' approach when motivating subordinates. They assume that workers are inherently resistant to labor and will do all they can to avoid doing work so
Theory and Practice of Business Psychology Table of Contents 1 Introduction 3 2 Motivators in the Workplace 3 2.1 Herzberg’s Two-Factor Theory of Workplace Motivation 3 2.2 Vroom’s Expectancy Theory 5 2.3 Maslow’s Hierarchy of Needs Theory 7 2.3.1 Primary Motivators in the Workplace 8 2.3.2 Secondary Motivators in the Workplace 10 2.4 Extent of the Impact of Primary Motivators 12 3 References 12 Introduction Motivation can be delineated as a psychosomatic feature, which urges individuals to achieve both personal and organizational
By integrating aspects of transformational leadership into his leadership, Alonso would have inspired his crew to follow him while also becoming leaders by themselves. However, this could have only been made possible if his thoughts, feelings, and actions were consistent. As a leader of change Alfonso should have shown some element of connection to himself, the world, and the people around him and be grounded in reality. He ought
Leadership Models LITERATURE REVIEW OF SITUATIONAL LEADERSHIP Situational leadership is a leadership paradigm proposed by Hersey and Blanchard as an alternative to the simplistic trait theories of leadership in vogue at the time. The main feature of the situational leadership theory of Hersey and Blanchard is that leaders are able to adapt their leadership styles to the level of readiness of the followers (Bovee et al. 1993). Employee readiness is a function