An advantage is that they know each time a customer orders an item that is not in stock anymore. They can use this history to try and avoid turning down more customers. But how to decide which items they will like? Customer behavior is extremely difficult to predict or even understand afterwards. Items are hierarchically classified, and there are lots of layers : merchandise groups, demand centers, item sequences and individual items (about 6 000).
Ben Lewis Leadership Styles Leadership, according to Ken Blanchard, is a process which requires leading a team of people and working alongside them in order to achieve specific goals. While the description is deceptively simple, the techniques used to attain the desired result can vary wildly depending on a number of factors and scenarios. These can range from the specific demands of the task, to time constraints, and personality types, of both the leader and team members. Recognising behavioural traits is important when evaluating leadership techniques because decisions and judgements are made by team members based on the personality and behaviour of the leader. There are a number of models that have been developed to analyse leadership styles and to help me explore my own, I am going to use Douglas McGregor’s “XY Theory”, Ken Blanchard’s “Situational Leadership” and John Adair’s “Action Centred Leadership.” Douglas McGregor – XY Theory X Y Autocratic Style Democratic style McGregor’s theory describes a continuum whereby “X” is at one end of a sliding scale and “Y” the other.
With ABC, it will help us see where our costs are going so that we can respond to increases in orders without increasing (unduly) our overall cookie costs. It will, overall, help us see where we are spending our money and how to use it more efficiently to the most cookies and customer served for a larger profit. If Cosmic Cookie switches to backflush costing, Just In Time inventory systems can help insure that not only do we not have excesses of inventory lying around but that we are at our breakeven point consistently. We do not want unsold cookies/cupcakes/etc lying around that could have been sold. By using backflush, however, we can add back in any excess inventory as opposed to buying more than we needed initially.
A procedure can be build to help the managers and consultant at the customer interface achieve new insights into the customer’s requirements and favorites. Lastly, customer-focused strategy is to enter industry that has strong strategic relations to the core adjoining industries. This is a mainly tempting alternative when the core industry is moving toward its operating effectively, produce surplus cash for reinvestment and full capabilities. Therefore industries are most situated to this strategy because it creates relationship with the customers. The executive growth strategy- The three customer-focused growth strategies explains the need supporting infrastructure to raise the chance of victorious implementation.
Even then, though the concepts were misunderstood, there was a difference. Some Managers maybe leaders, some Leaders maybe managers and leadership can be exhibited by other than management personnel. You do not have to be in a leadership or management position to be a leader. Leadership is the art of influencing others to accomplish individual and organizational goals by providing purpose, direction, and motivation. Management on the other hand, is the process of working with and through individuals and groups and other resources such as equipment, capital, and technology to accomplish organizational goals.
Leadership is derived from its root word lead. Lead is means to go before or with to show the way; to influence or induce; to guide in direction, course, action, opinion; and to command or direct. Leadership is an often debated topic. Everyone has their own opinion of the types of characteristics leaders or management should possess. Employees and staff often have their own ideals about their managers or supervisors leadership style.
Authority provides direction, protection, and order. Authority can be formal or informal. Ethical behavior must begin at the top of an organization. Improve your ability to lead the organization successfully leadership must set the great example with vision, passion,
More recent conceptualisations of leadership include contingency theory (), and transformational leadership (). Each of these theoretical models has a contribution to make in forming a comprehensive understanding of the relationship between leadership and organizational change and we shall explore how adopting a definition for leadership or organizational change infers the role of the other. However we define leadership, the concepts of organizational change and leadership can be argued to be inextricably linked. If a leader was not able to effect any change within an organization then it is hard to imagine a way in which such a leader could be effective in their role. Thus organizational change is at the very heart of a leader’s role.
This is typically accomplished through a combination of control and influence. Both power and politics applies to situations where a person attempts to gain approval for an unpopular decision, or to get team members on board. Power and politics work hand-in-hand as a tool used by organizations to both survive, and fulfill company goals. Ultimately, they both work together towards the success of an organization. How does power and politics in organizations contrast?
In this cut throat competition which is prevailing in the market, it is my understanding that leadership and proactive strategy plays vital role in overall organisation’s success. In addition to this it has become apparent that strategic management and leadership operate at parallel level in an organisation. Leadership According to (John P. Kotter, 1999) “Since change is the function of leadership, being able to generate highly energized behaviour is important for coping with the inevitable barriers to change. Just as direction setting identifies an appropriate path for movement and just as