The leadership style that was previously undertaken by the CEO, Max Blue was one of a autocratic leader. Max Blue seemed to think that planning was not necessary and did not like to hold meetings. Due to his nature of being an autocratic leader, a leader that exercised absolute control, accepting little or no input from team members. This is probably the reason why he felt that planning and meetings were unnecessary, because he wanted to control every situation. Unfortunately, because of his leadership style, the works became very passive as they could not previously make decisions on their on.
Now, there seems to be several leadership styles within the company, dependent on the department that you were in. Each of the new leaders are much more aggressive and want to expand clientele and product lines.
Willis, the new CEO is more of a collaborative leader. In this form of leadership, Willis has worked with the VPs of each department hoping to capture their full potential. Willis, with this leadership style, more than likely believes that each VP wants their department to succeed, collaboration helps
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A strategic plan can place the focus on the important issues for Blue Sky, will allow Blue Sky to analyze the internal business culture and evaluate its impact on the company's performance, recognize the impact the changing business environment is having on the company and affect the needed changes in direction, allow them to identify and analyze available opportunities and potential threats, they will be able to set more realistic objectives that are demanding, yet attainable, will allow for growth in the business to be accelerated and improved. The areas of Blue Sky that are poor performing, such as the automotive sector can be identified and possibly eliminated, and one of the most important aspects, develop better communications with those both inside and outside the
| Most successful companies utilize business strategic planning to set priorities and goals for the organization's future; outcomes include short-term goals and long-term strategies. A clearly written, well designed strategic plan can align business units, divisions and employees so that the vision of the management team and the mission of the company can be fulfilled. As companies evolve and the environment changes it is critical for companies to maintain a disciplined execution of the strategic plan.However, if they are not
Transformational and transactional leadership is evident at T.J. Maxx, however, there are some leadership styles reviewed by Anderson & Sun (2017) in the International Journal of Management Reviews that are applicable, such as intellectual
Strategic planning is designed to leverage the strengths of a firm while minimizing the effects of its weaknesses. It is difficult to know the potential advantage a firm may have unless external analysis is done well. For example, a company may have a talented marketing department or an efficient production system. However, the organization cannot determine whether these internal characteristics are sources of competitive advantage until it knows something about how well the competitors stack up in these areas.
If the company wants to solve its problems and become attractive for the potential investor, it should solve all its problems. The most important, company has to develop a business plan. In this plan, all the problems will be solved through stating company’s vision, mission, objectives, marketing, production and financial plan.
Urban Meyer is the head coach for The Ohio State Buckeyes football team. He is 49 years old and was born in Toledo Ohio. He attended University of Cincinnati where he played football. Coach Meyer is married and has three children. Prior to coaching Ohio State he retired from coaching was working as a sports analyst for ESPN. Before retiring and working for ESPN, Coach Meyer was the head coach for the University of Florida. He led the Gators to two BCS championship wins and he held the highest percentages of wins for any active college football coach. (www.ohiostatebuckeyes.com).
Strategic planning can dictate the success of any organization if properly planned as well as the failure of an organization if not implemented as planned. Strategic planning is all about making choices. It is a process designed to support leaders in being intentional about their goals and methods. Simply stated, strategic planning is a management tool, and like any management tool, it is used for one purpose only—to help an organization do a better job. This portion of the strategic plan will explain why an
Strategic planning within a company is a tool used in companies that help mature areas in total quality management. This type of planning creates a cohesive management system for lower level employees to better adapt in. “Strategic planning determines where an organization is going over the next year or more and how it 's going to get there. Typically, the process is organization-wide, or focused on a major function such as a division, department or other major function”(McNamara, 2008). In order to plan effectively one must first make a clear assessment of the plan and have an analysis on the corporations mission statement and objective.
A strategic plan is a tool that delivers guidance in achieving a mission or goal with maximum proficiency and control for an organization. Strategic planning is used to transform and revitalize organizations. The plan helps provide an inclusive understanding of opportunities and challenges both internally and externally for the organization. The plan delivers an assessment of the strengths and limitations that are realistic within the company. A well-developed strategic plan will offer a comprehensive approach and empowerment for the stakeholders involved. It is an opportunity for learning and understanding priorities that will drive the business to succeed. Jones (2010), describes how in health care organizations, strategic plans
The organization that I chose to do a strategic plan on is my wife’s business “A Piece of Jamaica”. It’s extremely small right now, she is currently running her business out of our home, I will be discussing the products that she will be selling and the possible competitors that her company many face in the near future. I will be explaining its current situation in the market and develop an S.W.O.T to distinguish its potential growth and find ways to make it better. I will develop and implement a strategic plan that will assist in the betterment of this company.
Ethically, he should be serving the role as CEO, and allow the managers to serve their roles, and the managers can allow the employees to server their respective roles. With that said, it is important to realize that he identifies a problem within the staff, he has hired me to complete team building, his ability to sense the issues, signal that he is willing to change, although this may not be his history, perhaps he will be willing to embrace the changes. Therefore, at this moment in time, Purplesky, Inc. lacks integrity, trust, and effective decision making. A similar example is a case study that I worked with, XYZ spa, is an organization that I worked with, the owners began the company as massage therapists, and in ten years, they had grown to more than a dozen locations. Their theory had always been to run each location exactly as they had run their first location. This had proved to be an unrealistic goal, they were so busy trying to split their time, and energy evenly, and ensuring that each employee understood their personal goal for the business. The Managers and staff felt micro-managed, lack of trust, poor communication as well as a
According to Bruce Avolio, “What we have clearly learned is that leaders who can balance transactional and transformational leadership across time, situations, and challenges are the most effective” (Avolio 2011, 49). “People have a greater sense of ownership at the highest levels in terms of identification and are willing to provide the extra effort needed to succeed” (Avolio 2011, 49). Yet, Rusty Ricketson wrote, “Those who embrace the followerfirst perspective are not dependent on titles or positions in order to gain a sense of identity and worth. They understand that good leaders are good followers” (Ricketson 2014, 197). Although Avolio supports Full Range Leadership and Ricketson support Following-Leaders there are both
Strategic planning is the process of gathering information from stakeholders, market players, professional entity, and government agency. The purpose of gathering information is formulating a realistic and a workable framework that any organization can implement and work with. Evaluation of information is a key aspect in determine the kind of plans that the organization wish to a chive over certain a period. Strategic planning ensures the implementation is, crafted well, and parties involved be acquitted with it. Developing a good Strategic plan helps a company to implement its missions and visions effectively, and helps the company to evaluate
Each organization requires different strategic planning, as there is no single strategic planning model that suits all organizations. Every organization has to develop model of strategic planning according to its own development, its nature of business and as per their own planning process. These models provide an extent of options on the basis of which different organizations might be able to select an approach and initiate to grow their own strategic planning process. Any organization might select to combine the models suitable to their planning process, for example, they can use a Basic model to recognize strategic issues and aims, and then they can select an issues-based model to develop approach to initiate the issues and grasp the
Strategic Planning is one of the most fundamental factors in the success of an organization. This research project will discuss the importance of strategic planning as well as the different components of strategic planning. Many organizations fail to accomplish their goals and tasks due to the lacking of strategic planning. In order for their businesses to be successful, organizations need to be well informed about how the strategic planning process works.
Strategic planning is central to management study. It defines the long term direction for the company and all other business functions orbit around their established strategies. This article studies how a company formulates business-level strategies, optimize their competitive positioning and obtain a competitive advantage over their rivals.