Developing Leadership Skills Using The Semco Case Study

Developing Leadership Skills Using The Semco Case Study Purpose of the report: The purpose of this report is to understand the relationship between Strategic Management and Leadership . The different Leadership styles used for identifying organisationss strategic decisions, the impact of the leadership theories on the organisatiton and the methods of developing leadership skills using the SEMCO case study . Introduction: In 1982, Ricardo Semler took control of Semler Company, a business founded and, until then, managed by his father, Antonio Curt Semler. At that time, the companys organizational structure, was as such of treating employees in a fatherly manner, especially by providing for their needs without giving them rights or responsibilities. A pyramidal hierarchy led by an autocratic leader. Then, Ricardo took over the relatively small manufacturing company from his father . And by renaming the company as SEMCO , eliminated all clerical positions,and implemented an insistent product diversification policy. Most observers predicted that these actions would wipe out the company. Leadership Styles: Leadership style is an approach of implementing plans, providing directions, and motivating people working towards the organisation. A leaders must be able to acquire certain strategies and must follow a certain style of leadership which suits the situation of the organisation. The following are the leadership style followed by Ricardo Semler and their evidence : Authoritarian Leadership (Autocratic): Authoritarian leaders, also known as  autocratic leader, provide clear outlook for what needs to be done, how it should be done, and when it should be done. These types of leaders take their decision on their own with little or no help from their subordinates or followers. There is also a clear distribution between the leader and the followers. The analysts found that decision making was less creative under authoritarian leadership. Authoritarian leadership is best applied to situations where there is little time for group decision making for a possible outcome or where the leader is the most knowledgeable member of the group. (Lewin et. al, 1939). While Ricardo Semler was in law school, in 1980s,his father Antonio Curt Semler decided to make Ricardo the president and then shortly left him for a long Europe vacation, saying only, Do what you need to do. When the senior executives of SEMCO insisted on waiting out the declining shipping industry, Ricardo decided to fire 60% of the top managers in a single afternoon. The departing executives wanted to return and while the frightened customers demanded their return, but Ricardo was determined and remained firm. Ricardo could not afford liquidation taking place in the company . Participative Leadership (Democratic): The democratic leadership style or participative leadership is a very open and its characterized style by having power and authority that is given equally among colleague of running a team. Ideas move freely and are discussed openly amongst the group. And discussion is relatively free-flowing. (Lewin et. al, 1939). SEMCO seeks the best by trusting their employees and to motivate them to apply their creativity in service of the whole enterprise. And to make some important decision related to the flow of work, which also includes the selection and election of their bosses. Employees are given a chance to express their feelings regarding the decision making process. Profit sharing also plays an important role in the organisation , which leads to very low employee turnover , and active involvement of all the employees. Employees are given a chance to select their managers which brings into good working condition in the organisation. Delegative Leadership (Laissez-Faire): In this leadership style the leader offers little or no guidance to the member of his team and leaves the decision making process on the team members, but the leader is responsible for the decisions made by his sub-ordinates. The leader allows the employees to take decisions if they can evaluate the condition and relies how the problem could be solved. (Lewin et. al, 1939). SEMCO encourages its employees to choose what, when and where they want to do it complete freedom is given to the employees for the task performance . About 3000 SEMCO employees set their own working hours and their salaries. Their supervisors are hired and reviwed by the subordinates. If the employees had spent Saturday afternoon in the office then they are encouraged to spent their Monday morning at the beach. There is no organisational chart as such in the organisation, no corporate value statement, no 5 year plan is implemented as most of the organisation does. The employees are not required to follow any dress code. There are no written rules or policy statements, as SEMCO is quite flexible. Impact of Leadership Styles: As Ricardo Semler followed the above mentioned leadership styles, the following are the impacts of these style on SEMCOs strategic decisions: The company has become more consistent and responsible. The turnover of the company had gone from $4million to $160million. Which is also considered as a highest growth. The annual sales had increased upto 24%. In 1982, there were just 90 employees working in the company, and by the year 2003 it went upto 3000 employees working for SEMCO. The overall staff strength has increased due to which the companys profit has increased. SEMCO has diversified into different business unit. The company has generated balance between short-term and long-term goals. The products are offered at fair prices. Customers are provided by variety of products and with a differentiated service styles. It had brought innovation and creativity. As it encourages every employees participation and the decisions are imposed from top-down management, good outcomes are brought due to motivated employees. 2. Strategic Management and Leadership Theories: Strategic management  is used to establish a mission, values, vision, goals, objectives, roles and responsibilities of any organisation. There are various theories to identify and to formulate the above mentioned points for an organisation: Henry Fayol Taylor Peter Drucker Mintzberg Functions of Management Scienticfic Management Techniques Five forces Roles Planning Establishing Goals Setting Objectives Informarion seeker, maintain inter personel contacts Forward information to others Spokesperson Organising Optimum use of resourses for meeting goals Organising the task Motivates and direct the employees Maintain informational links . Commanding Reward system for meeting goals Motivating employees New projects are initiated, identifying business developing areas Decisions are taken together during crisis Resources allocator who decides who gets the schedule, budget and priorities. Negotiator who represents department during negotiations with unions and suppliers. Co-ordinating Measurement of good oblectives Controlling Developing skills by giving training Trait Theories: In Trait theories people become heir to certain qualities and traits which makes them better suited for leadership. Trait theories often categorize soem behavioral characteristics shared by leaders. Contingency Theories: According to the contingency theory no leadership is best suited for all the situation. It depends on the variables which are related to the environment the determines what particular leadership suits the situation. Situational Theories: In Situational theories the leaders choose the best possible action based upon various situations i.e. depending upon the types of situation. There may be different leadership styles suited for different decision making. Behavioural Theories: In Behavioural leadership theory the actions of the leaders are not Focussed on what they are from their mental qualities or internal states as the leaders are not made but they are born leaders. Participative Theories: In this type of leadership all the employees are encouraged to contribute their input as a part of the decision making team for an organisation. The leader also retains the right to allow inputs of others. Great Man Theories: As great leaders are born and not made, this theory portray thar great leaders are mythic, heroic and who are always designed to bring up leadership when needed. Management theories(Transactional): Transactional theories are based upon the system of rewards or punishments. For instance when the employees of an organisation are successful they are rewarded, and on the other had if the employees of the organisation fail , they are punished at the same time. Relationship Theories(Transformational): Transformational theories focus upon inter personal relationship between the leaders and followers. These types of leaders help the group members to be inspired and get them know the importance. These leaders are focused on group performance , but at the same time these leaders also expect that each employees should fulfil their own potential. 2.1 Link between Leadership Theories: The Strategic Management and Leadership theories can be linked by using Mckinseys 7-s Frame work. The McKinsey 7-s frame work model involves 7 interrelated factors which are further categorized as hard element and soft element. Hard elements are easy to identify or define the managements as it is related to the Managers which includes Strategy, Structure and System. Whereas Soft elements can be identified or defined as these are related to the Leaders which includes Shared values, Skills, Style and Staff. Strategy:  It is a plan of action or a widespread plan to help create a competitive advantage which also involves the way of maintaining this advantage. Structure: It is a basic hierarchy of an organisation which helps to understand who is responsible for what and who is suppose to answer to whom. Systems:It includes the daily activities and procedures of the employees who are assigned for task performance in the organisation. Shared Values:  These values are considered as the core values of the organisational, mostly ethical values. Style:  These are the style adopted by a leader in an organisation. Staff:  These are the members of the organisation who are categorized according to their capabilities.   Skills:  This helps in identifying the basic skills each employees possess in the organisation for performing different tasks. 2.2 Impact of Leadership Theories on Organisational and Leadership Strategy:

The Flowers

†The Flowers† by Alice Walker Summary: â€Å"The Flowers† 1973 is written by Alice Walker who is an Afro-American author. â€Å"The Flowers† is a short story about a girl named Myop. Myop is a black 10-yeard old girl who lives on a farm with her poor sharecropper family in the countryside. She staggers around and plays with animals and discovers beautiful nature in her pleasuring never-ending childhood. But while exploring the land she lives near with flowers in her hands she accidently discovers a horrible crime. The remains of a hanged man reveals in the soil.She lays down her flowers and the summer was over. Analysis: When the ignorance of an innocent child collides with the harsh reality of the miserable slave-history, will the idyllic life, flourishing hopes and dreams of the little ones, soon be gone and forgotten. But this loss of innocence is likely to be replaced by maturity, which makes a clear distinction between child and adult. The story is writ ten as a 3rd person omniscient narrator. The harvesting of corn, cotton, peanuts and squash indicates that the story takes place in the Southern states since these crops were commonly harvested there. Myop and her family live in sharecropper cabin with rusty boards that could indicate that they are poor. Therefore it’s likely that the story is taking place in the 20th century where racial discrimination was at its peak. In the beginning of the story there is dominating use of positive phraseology and the environment is described idyllically. â€Å"†¦ Made each day a golden surprise that caused excited little tremors to run up her jaws. †3 This idyllic description is also equivalent to how peaceful Myop is enjoying her childhood.She seems to be unaware about her presence in the American society where there was an explicit difference between the black and white. The author tries to describe this racial problem symbolically when she mentions how â€Å"tiny white bub bles disrupt the thin black scale of soil†¦ † But the idyllic setting drastically changes at line 18 when Myop finds herself more than a mile away from home. She is walking further away from her secure surroundings. Now the there is negative use of phraseology such as; Strangeness, not pleasant, gloomy, cove, damp air, silence, close and deep etc.She is no longer secure. When trying to escape the strangeness she steps on her history and reality and she is forced to face the suppression for her first time, this is the symbolic meaning of the corpse she steps on. The man is obviously black since he has been lying there rotten and totally forgotten. His blue denim overall cloths also indicates that he was a black poor farmer or slave. Back in the 1960’s the Ku Kux Klan (KKK) executed a lot of executions where they hang black people in the woods.She tries to ignore this ‘reality and suppression’ when reaching out for a pink flower that she associates with her secure childhood. When she notices the hanging noose spinning restlessly in the breeze she lays down the flowers – laying down the flowers symbolizes Myop letting go of her innocence and secure surroundings. â€Å"And the summer was over† means that her childhood is over and she is entering the life as an adult. T Note 1: Line 1 Note 2: Line 2-3 Note 3: Line 2-3 Note 4: Line 10-11

International Business Adapting Products for Export

The major problems facing companies, especially smaller ones, in resolving product-adaptation issues are things that can differ in different cultures such as the taste of the product, the style, the color, or symbols, language, but also more specific like differences in technology, environmental differences, religion etc. The taste of a product is very important for the food, drinks and cigarette industry. Style is more important in car and fashion industry, which also includes the color and symbols. The meaning of a color or a symbol can differ from culture to culture. The package of the product can also need adaptations. Special symbols and the language need to adapt to the country/culture. Some symbols can be offensive in one†¦show more content†¦4. Propose ways in which intellectual property piracy could be stopped permanently. I believe that it is simply not realistic to speak of eliminating all piracy, as there will always be at least a small segment of the population who can’t be deterred from stealing others’ ideas and creativity. Instead, what we can and should strive for is the reduction of piracy to the lowest levels possible; levels that will not rob authors and copyright owners of the incentive to create and distribute their works. I believe that this could be accomplished through a two-step copyright protection program of: 1) crafting a proper legal framework and 2) the adequate and proper implementation of the said framework. The legal framework provides the basic rights to copyright owners and establishes procedures for the enforcement of those rights. Those procedures must provide the opportunity to obtain adequate remedies when those rights are violated as well as the possibility of punitive monetary judgments and, in appropriate cases, imprisonment of the infringer. 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Securitization Pros Cons - 1159 Words

Executive Summary The introduction of financial sector reforms in India has led to innovations in financial markets and instruments. One of the most prominent developments in the international finance in recent times that is likely to assume even greater importance in future is ‘securitisation’. Securitisation is the process of pooling and re-packaging of homogenous illiquid loans into marketable securities. Increased pressure on operating efficiency, on market niches, on competitive advantages, and on capital strength, all provide fuel for rapid changes. Securitisation is one of the solutions to these challenges. 2. Reserve Bank of India, as a facilitator, has attempted to explore the intricacies of securitisation as a process of†¦show more content†¦v) SEBI may consider removal of prohibition on investment in mortgage backed securities by Mutual Fund Schemes. vi) Tax neutrality of Special Purpose Vehicle. 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