Importance of Leadership
Is the ability to positively influence and motivate employees towards achieving business objectives during a transformation.
It is focused on employees current job, and is aimed at improving their skills, knowledge, etc
What is staff trainingi
Involves a business implementing processes that increase the percieved value of its good or service.
improving quality in production
Corporate culture
An organization that facilitates the growth of its members and continuously transforms itself to adapt to changing environments"
Learning Organisation
Is the process of monitoring and implementing strategies within a business to assist with change
What is change management?
Is concerned with the desire to do things
what is staff motivation
may reduce waste and inefficiencies by reducing excess transportation, reducing deficits, etc.
Initiating lean production techniques
Involves the shared views, and values that a business aims to achieve
Official corporate culture
Existing assumptions and generalizations that must be challenges so that learning and transformation occur in an organization
Mental models
Prepare themselves, communicate effectively, provide support and training.
What are characteristics of a succesful leader?
Can have a positive impact on employee motivation and performance, improving a business's ability to meet its objectives
If a business has high level of waste or inefficiencies in its operations it may redeploy resources
involves shared values and beliefs that develop organically within a business
Developing real corporate culture
An aspirational description of what an organisation and its members would like to achieve
shared vision
The process of reducing a businesses expenses
cost cutting
If a business is to remain competitive, it needs to lower costs, improve quality and meet customer demand by increasing supply
Global sourcing of inputs
Tailoring employee, hiring a range of staff, changing office layout
Strategies for developing real corporate culture
The discipline of personal growth and learning alligned with ones values and purposes
High OR low risk strategies
+ Support and communication
+ Employees feel valued
- Incentives can be seen as bribes
Strengths and weaknesses of high risk strategies