Tuesday, December 10, 2019

Leadership in Business for Social and Behavioral - myassignmenthelp

Question: Discuss about theLeadership in Business for Social and Behavioral Sciences. Answer: Introduction: The aim of this study is to understand the way in which the various CEOs of Australia analyze the leadership approaches and the way in which they efficiently manage the workplace and the employees of the business which helps to increase the overall efficiency and effectiveness of the organization. In this project, the first interview is about Andrew Mackenzie who is the CEO of the BHP Billiton Limited and BHP Billiton Plc in Australia. The second interview is all about Rob Scott who is the CEO of Wesfarmers in Australia. Lastly, the third interview session is about Andy Penn who is the CEO of Telstra in Australia. It is interesting to know about the views and opinions of these three famous personalities. In their life, they have struggled and worked hard to achieve success and fame. The strong determination and vision have helped them in developing their business from a low scale to a high level business. As per Arain, et al, by implementing good leadership qualities, these famous personalities have set and achieved challenging goals with the help of swift action and by inspiring the employees to perform well (Arain, et al., 2017). They have maintained honesty, integrity, hard work; trust and ethics which have helped them earn the right to be responsible for the success of the company. Even though they have faced many ups and downs in the course of life, they never thought of stopping and turning back. Instead, they utilized their time and energy in searching the right resources and manpower for their companies. The above mentioned CEOs have not just reached the CEO positions directly without any hard work or struggle (Arsezen-Otamis, Arikan-Saltik Babacan, 2015). They have reached this level by facing many breakdowns in their life and by crossing numerous hurdles. Their dedication and hard work has made them who they are now. It was not an easy journey for these renowned people who have reached this stage. They have always listened to their staff members and responded to their questions and concerns with all dignity and sincerity. They have achieved the new levels of success with the help of effective and clear communication skills (Baldarelli Del Baldo, 2016). They have always looked at where the company is headed and accordingly planned the steps needed to reach success. By visualizing what is possible, following the industry trends and by taking various risks to grow the business, these dignitaries have finally reached this position. The unique thinking and decision making process of these famous people is what makes them stand out from the others. They have a workforce which have endless amounts of energy, which stay focused and encourag ed in their work. So, in order to motivate and encourage the younger youths and individuals of the country, the interviews of these three renowned people were taken (Baxter Al-A'ali, 2014). They are a source of inspiration to the individuals of the country that can learn from the struggles and hard work of these three people and reach new level of success in order to fulfill their dreams. Compare and contrast between the three leaders The work team of the BHP Billiton Limited has done exposure-reduction projects including innovation and use of new technologies in order to establish their fame and name in Australia. The company is an Anglo-Australian multinational mining, petroleum and metals company that is stationed in Melbourne, Australia. The CEO, Andrew Mackenzie said in regards to the historical backdrop of the organization in the meeting as indicated by which the organization was framed with the merger between two little mining organizations BHP and Billiton. It started in Broken Hill, Australia where the Broken Hill Proprietary's (BHP) started with a silver, lead and zincs mine. Afterward, fused in 1885, the BHP began the revelation, improvement, generation and promoting of iron mineral, copper, oil and gas, precious stones, lead, zinc, silver and other scope of common assets. Correspondingly, Billiton started its excursion in 1851 with a tin mine on a little known island in Indonesia, Billiton Island. Afte rward, Billiton turned into a worldwide pioneer in the metals and mining division and a noteworthy aluminum, chrome and manganese metals, combinations, steaming coal, titanium and nickel minerals maker. Be that as it may, today, after the mergence in the year 2001, the organization is a world pioneer in the expanded assets industry (Blakeley, 2015). The workforce of the organization is focused on working with uprightness and code of business lead that particularly denies taking part in untrustworthy conduct of any kind. Working with integrity and doing what is right is one of the key to the success of the company. The team cares about the results in the same way how the results are achieved. By demonstrating these values through actions, systems and interactions, the manpower of the company has successfully been delivering the companys commitments to their shareholders, employees and host communities. The company has grown and expanded around the world with growing pains in developi ng the brand name (Brandt, 2016). As per Cappelli, et al, with the presence and functionality of the company in Africa, Europe, North and South America, Asia and of course Australia, the company has managed to have a global presence throughout the world. Andrew Mackenzie was chosen for the CEO post in the year 2013. He is one of the world's most persuasive connected earth researchers who have influenced a few commitments to geochemistry in his initial vocation to arrange, particularly in the development of oil. He has made real advancements in both specialized and also business fields (Cappelli, et al., 2015). Since his appointment as the CEO of the company, Andrew Mackenzie is playing the leaders role in an effective way and has inspired the massive mass of the country by encouraging the people to act and achieve the goals of the life. Andrew Mackenzie has changed the recent market scenario of Australia by making BHP Billiton reach at one of the topmost position in the world of mining. He has taken steps and efforts due to which the organization has achieved huge success and is still continuously trying to achieve the flying colors in every respect (Chekwa, et al., 2014). The Wesfarmers started in the year 1914 as a Western Australian ranchers' agreeable. Since that time, the organization has developed and developed into one of Australia's biggest recorded organizations. Headquartered in Western Australia, the organization's different business operations cover grocery stores, alcohol, lodgings and accommodation stores, office supplies, retail establishments, home change. Aside from this, the organization has an industrials division with organizations in chemicals, vitality and manures, wellbeing and modern items and coal (Christensen and Iderheim, 2017). Rob Scott who is the CEO of Wesfarmers said in the meeting that the organization is submitted with its nearby groups and limits its natural effect. With the assistance of his administration thoughts, the organization has possessed the capacity to give more chances to the general population to improve their activity execution and build up their professions. A relentless focus is maintained on providing safety in the workplace. Rob Scott has helped in providing and creating an inclusive work environment for the companys work force to enhance their performance (Galanou Farrag, 2015). He is considered as an effective leader as he has never given up on any tough situations and has always come out with the best solution to improve the condition. He was appointed as the CEO of the company recently due to his vast experience and knowledge. The company has always committed in coming up with innovative and creative ideas in its diverse businesses. He works for the betterment of the country as well as the country and has ideas for it. The team of Rob Scott always works to resolve the companys issues and as well as of the country. He has a team consisting of quality people which is one of the greatest competitive advantages. Apart from the employees, the company also appoints contractors in a range of roles (Gallos, 2014). The team works only for the betterment of the production of the organization. Due to the innovative ideas and working procedures of Rob Scott, the company has managed to gain several appreciations and applauds from the citizen as well as the employees even with him just recently taking up the CEO post. Apart from Australia, the company has his presence in other countries also like Bangladesh, Ireland, New Zealand and United Kingdom. The Chemicals, energy and fertilizers business of the company and the safety and industrial division are in the process of reconstructing, streamlining business and cutting costs. Besides, there is a plan to expand these businesses through small add-on acquisitions most likely. The companys Coles food and Liquor and Bunnings business have always been diversified over the year that has helped to increase the overall revenue of the company (Hurst, 2014). Over a long period of time, Wesfarmers has proved that it works very hard and has a very loyal band of shareholders who have enjoyed a long term price growth with the company. The company has thus emerged as one of the most important companies in Australia by employing more than 220,000 people and earning a place in the hearts of the people (Kim Yang, 2015). Lastly, Andy Penn the CEO of Telstra, one of the largest Australian telecommunications and Media Company aims to create a connected future for everyone with the help of his supportive team (Klaus Fernando, 2016). There is a huge development that one can see now in the broadcast communications industry with the system movement becoming speedier than some other timeframe and the consistently changing advanced innovation all through the world. Consequently, Telstra is at the core of this change and the organization designs in helping roll out this improvement occur by associating everything to everybody however much as could reasonably be expected. Andy Penn aims to create a brilliant connected future for everyone with the help of his supportive and expert team. He believes the brilliant connected future to be the most important aim of the company and feels responsible to build this connection for the nation and every market. The company serves everyone as it believes that a change cannot take place if only a few chosen ones benefit. When enough people are in to different technologies that create social, cultural and economic change, then that will be a great transformation for everyone. The purpose of the company is not just enough. Andy Penn believes that the values form the core to any business and so his great team aligns everything that they do with great value and ethics. The five core values that are followed in Telstra are care, togetherness, trust, simplicity and courage. By following these core values, the employees of the company measure all of their actions. Similarly, responsibility, determination, humility, desire to learn and the courage to fight challenges are the other key factors that the people working at Telstra follow in order to put the values into action. The company owns and maintains majority of public telephones in Australia. Later, with the invention of mobile phones, Telstra Mobile became and is still the largest mobile telephone service providers with both coverage and subscriptions. The first digital mobile network in Australia was the Telstras GSM network that was launched in 1993 (Pruzan, et al., 2017). The company also provides internet facilities for business as well as personal purposes. in the future, the company plans on delivering brilliant customer experiences by delighting the customers with the best items and administrations on the best systems with an administration, bolster system and deals that is straightforward and progressively computerized. Additionally, the organization will guarantee to persistently roll out improvements to guarantee that the center of the business is more productive, gainful, manageable, by concentrating on the client and income development and system prevalence. The company aims to expand the international infrastructure and service businesses. So in order to achieve these future aims and strategies, the company plans to invest more in delivering a better and unparalleled network coverage, speed, reliability and security for the people of the country. The people should benefit from an interrupted end to end usage experience of the network in the future. The company also aims to digitize its systems and processes to help the people get an excellent experience. By building and moving to digitals ways of working across the business, the company will be then able to give the people a great digital experience. Besides, Andy Penn and his team are also working on having a cultural shifts and build key capabilities. So for this, the company has also decide to refocus on their core values and ethics to get the desired cultural change throughout the company. Impacts of leadership in organization Andrew Mackenzie There is always a need to have the right type of leadership for any successful organization irrespective of its size or the industry. If there is good leadership then a company will be able to make progress and move forward in the right direction. Similarly, Andrew Mackenzie has moved towards the right direction by adopting to the perfect leadership traits (Mackenzie, 2017). His efforts and leadership qualities have made him earn a good reputation in the Australian market. Time management is one of the top most priority in his list as it is required to stay in touch with the stakeholders (Rakowski Mongan, 2014). His belief in allocating time in the same way one allocates capital is good and interesting. Due to his past experience and strong growth in the numerous projects in the company, he has managed to get the company to a high level. He also has the caliber to do more for the company in the future with his ambitious nature and straight forward thinking (Y?ld?r?m Birinci, 2013). Rob Scott Rob Scott can be called as a man with superior qualities and believe that makes him one of the best out of millions of others. His creative and new ideas and styles, his behaviors and his ability to deal with good as well as bad situations have made him a good leader. He is the perfect choice for leading the company as the CEO with his powerful and great factors (Heffernan, 2017). The company has managed to provide and deliver its stakeholders with satisfactory returns due to his financial discipline and exceptional management qualities. The company believes in having quality people for sustainable business (Spender, 2016). So, each Wesfarmers division operates as a separate business and each of it follows a distinct culture. Thus, his key focus is to always ensure that each divisions of the business have a strong management capability that is accountable to the day-to-day operational performance of the business. He makes sure that each division is looked after and overseen by expert team who are guided properly by a group wide operating cycle and governance framework (Spender, 2016). Andy Penn The most important aspect of a successful leader is that he should understand the importance of teamwork and must know how to incorporate the skills of everyone working with him (Ramli, 2017). If the leader is not able to work with the other people of the business to achieve the goal and objective of the business, then it will become a difficult task to gain the trust and respect of the employees. But Andy Penn has the right leadership qualities and is capable of working with the employees with dedication to achieve the organizations goal (Swanson Frederick, 2016). He has the perfect picture of how to incorporate the skills of everyone working in the company in the right direction. He has the capability to carry all the organizational stress and burden and at the same time he has the quality to manage the resources as per requirement. This extraordinary attitude has helped him in changing and shifting the cultural structure of the company as well (Watson Reissner, 2014). Organizational issues faced by: Andrew Mackenzie In any organization it is very obvious that some sort of organizational issues may build up at some point of time. Initially, Andrew Mackenzie had never thought of getting huge appreciation from the Australian citizens for his new developments (Mackenzie, 2017). But as he had a strong believe in the countrys people, he managed to make the company reach at the high level (Syed, et al., 2016). Recently, there was a drop in the total global iron ore production of the company because of the suspension of work at the BHPs operation Samarco and poor weather conditions during the period. Andrew Mackenzie did not have any action plan ready to push and meet the companys iron ore production at that time. But however, he did not give up and declared the potential to significantly grow despite of the company cutting down its iron ore production guidance this year. His hard work has finally paid off and he has successfully helped the citizens to climb up and has totally changed the market scenari o. He has managed to prepare the company in an incredibly flexible manner so that in the bad times when the market turns around, the company still stays at the top and successfully faces the challenge (Vaduva, et al., 2016). He has always worked hard and managed to handle tough situations. His work team has all the more been supportive and good with him due to the amount of faith and trust people have shown on his previous career road. He has never thought about just success and has always encouraged and motivated his team members to work had for the organizations objective (Verbos, Kennedy Claw, 2016). There were also some cultural issues that the organization faced. Even though he has managed to motivate the employees and the citizens of the country, there were certain issues in the initial stage which the business authorities least understood (Ramli, 2017). So, this somewhat lowered his self-confidence. But when one runs a business it is important to stay motivated. Thus, even in su ch situations, he should not worry and should work according to the demand and opinion of the business authorities (Visser, 2017). In my opinion, a leader has something positive to contribute in the organization. So even in tough situations, a leader should value and utilize this ability in humanity to motivate the individuals to exceed their normal capabilities for a bigger diversity. The same thing applies for Andrew Mackenzie as well who must ensure that the employees are united and face the obstacles with ease and dedication. All organizations face some type of organizational problems in the course of time. But the one who deals with them properly will surely get the fame and success in their life for their determination and will power to overcome the tough situations (Heffernan, 2017). Conclusion: The above discussed instances and study reveals that there are certain set of unique skills and talent which these three famous personalities possess. At bad times, there are things which people cant manage and cant control. Problems are a part of life and business cycle as well. A true leadership spirit is the one where the person fights and tries to overcome the problems. The inner spirit should always be strong and motivated towards fighting any hurdle and obstacle in order to achieve a high position in the world. References Arain, G. A., Sheikh, A., Hameed, I., Asadullah, M. A. (2017). Do as I Do: The Effect of Teachers Ethical Leadership on Business Students Academic Citizenship Behaviors.Ethics Behavior, 1-16. Arsezen-Otamis, P., Arikan-Saltik, I., Babacan, S. (2015). The Relationship Between Paternalistic Leadership and Business Performance in Small Tourism Businesses: The Moderating Role of Affective Organizational Commitment.Procedia-Social and Behavioral Sciences,207, 90-97. Baldarelli, M. G., Del Baldo, M. (2016). Ethics, gift and social innovation through CSR and female leadership in business administration in Italy.uwf UmweltWirtschaftsForum,24(2-3), 141-150. Baxter, J., Al-A'ali, H. (2014). 'Your situation is critical...': the discursive enactment of leadership by business women in Middle Eastern and Western European contexts.Gender Language,8(1). Blakeley, K. (2015). Inspiring responsible leadership in business schools: Can a spiritual approach help.Leadership development: Questions business schools dont ask, 151-163. Brandt, E. (2016). Locating sustainable leadership within a typology of leadership in business.International Journal of Intelligent Enterprise,3(3-4), 190-204. Cappelli, P., Singh, H., Singh, J., Useem, M. (2015). Indian business leadership: Broad mission and creative value.The Leadership Quarterly,26(1), 7-12. Chekwa, C., Ouhirra, L., Thomas, E., Chukwuanu, M. (2014). AN EXAMINATION OF THE EFFECTS OF LEADERSHIP ON BUSINESS ETHICS: EMPIRICAL STUDY.International Journal Of Business Public Administration,11(1). Christensen, J., Iderheim, V. (2017). A mutual path towards a sustainable future;-A multiple case study of the importance of industry-university partnerships for sustainable development and responsible leadership in business education. Galanou, A., Farrag, D. A. (2015). Towards the distinctive Islamic mode of leadership in business.Journal of Management Development,34(8), 882-900. Gallos, J. V. (Ed.). (2014).Business leadership: a Jossey-Bass reader. John Wiley Sons. Heffernan, M. (2017). New Wesfarmers boss to earn millions less than predecessor. The Sydney Morning Herald. Retrieved 3 October 2017, from https://www.smh.com.au/business/retail/wesfarmers-shakes-up-executive-ranks-reveals-ceo-pay-20170529-gwf7zg.html Hurst, D. K. (2014).The new ecology of leadership: Business mastery in a chaotic world. Columbia University Press. Kim, S. H., Yang, D. W. (2015). Empirical study on the influence of emotional leadership on business performance in the fashion industry-Focused on the moderating effects of organizational culture.The Research Journal of the Costume Culture,23(6), 1004-1020. Klaus, L., Fernando, M. (2016). Enacting spiritual leadership in business through ego-transcendence.Leadership Organization Development Journal,37(1), 71-92. Mackenzie, E. (2017). Extended interview with BHP's Andrew Mackenzie. ABC News. Retrieved 3 October 2017, from https://www.abc.net.au/news/programs/the-business/2017-08-22/extended-interview-with-bhps-andrew-mackenzie/8832584 Pruzan, P., Pruzan-Mikkelsen, K., Miller, D., Miller, W. (2017).Leading with wisdom: Spiritual-based leadership in business. Routledge. Rakowski, J., Mongan, M. (2014). Optimizing leadership and business performance: organizational development themes seen through the lens of classical viennese music.International Journal of Arts Sciences,7(4), 477. Ramli, D. (2017). Telstra CEO Andy Penn to sacrifice profits for growth. The Sydney Morning Herald. Retrieved 3 October 2017, from https://www.smh.com.au/business/the-economy/telstra-ceo-andy-penn-to-sacrifice-profits-for-growth-20150930-gjyjal.html Spender, J. C. (2016). Some thoughts on business leadership.Revue franaise de gestion, (3), 57-69. Swanson, D. L., Frederick, W. C. (2016). Denial and leadership in business ethics education.Business ethics: New challenges for business schools and corporate leaders, 222-240. Syed, R., Bandara, W., French, E., Stewart, G. (2016). The status of research on leadership in business process management: A call for action. Vaduva, S., Alistar, V. T., Thomas, A. R., Lupi?u, C. D., Neagoie, D. S. (2016).Moral Leadership in Business: Towards a Business Culture of Integrity. Springer. Verbos, A. K., Kennedy, D. M., Claw, C. M. (2016). Native American values applied to leadership and business ethics education. InTribal Wisdom for Business Ethics(pp. 111-123). Emerald Group Publishing Limited. Visser, W. (2017).Sustainable frontiers: Unlocking change through business, leadership and innovation. Routledge. Watson, G., Reissner, S. (Eds.). (2014).Developing skills for business leadership. Kogan Page Publishers. Y?ld?r?m, N., Birinci, S. (2013). Impacts of organizational culture and leadership on business performance: A case study on acquisitions.Procedia-Social and Behavioral S-ciences,75, 71-82.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.