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MGMT5982 Management Theory
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MGMT5982 Management Theory
0 Download7 Pages / 1,530 Words
Course Code: MGMT5982
University: University Of New South Wales
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Country: Australia
Question:
Take this below topics and write a reflection which answers the following questions: A) Leadership 1. why this topic you find most interesting? Give a short description (with referencing) of the topic. 2. Write a personal reflection (with two or three supporting reasons) why you found this topic of great interest3. How do you think you could apply it in your present or future professional career?B) decision making1. why this topic you find most interesting? Give a short description (with referencing) of the topic use literature review.2. Write a personal reflection (with two or three supporting reasons) why you found this topic of great interest OWN words3. How do you think you could apply it in your present or future professional career?
Answer:
A) Leadership
Leadership is a very important topic for the understanding the ways the managers will run the show in the organizations (Vaccaro et al., 2012). The leaders play a huge role in the overall success of the organizations. It has to be noted that the leaders will have to motivate the employees so the employees can provide their best efforts for the success of the organization. The leaders must have the proper idea about all the strengths and weaknesses of the employees. This will help them to assign the proper tasks to the employees as per their capabilities. The leaders will have to stand by the employees in their bad times (Bolden, 2016). Another important role of the employees will be to guide the employees in the best ways so they can complete their works. The leadership of the managers will build up the proper employee morale indeed. Thus the leaders will surely be the friend and guide to the employees in a democratic leadership environment in organizations (Finkelman & Finkelman, 2012). The way the leaders manage the difficult situations is very much appreciable and they deal with their team members with a helpful attitude as well. They help out the weaker members of the team and give them the needed motivation and confidence as well. This becomes very important for team members to succeed.
This topic of leadership arouses in me a great sense of interest. In my professional career I have gone through many ups and downs that have helped me to grow as a successful professional (Northouse, 2018). At the beginning of my career I was not able to understand the things that were expected from me. Then I began to realize that I needed the proper motivation so I could complete the tasks assigned to me. The best fact I like is the leaders in the contemporary organizations are not the strict dictators who will order the ways on how should we carry out our works. They will come up to us and ask what changes must be done within the organizations for the better productivity (Bolden, 2016). The leaders in my current organization have always asked me to work with the other people as a team. This will help the organizations to work even more smoothly and the leaders should be able to handle the team in a better manner (Antonakis & House, 2013). The team work is a very important aspect for the leaders as they will lead the team as a group and take the decisions by judging the needs of everyone.
I know it will be much difficult to become a true and inspirational leader in the organizational setting. This is why I must be able to sit down with my team mates in the organization and talk with them on how I could improve myself as a professional organizational leader in the future times. I believe it would be very much helpful for me to consult with all the members of my team to gather their ideas on how to bring in the needed changes within the organizations. The innovative ideas of all the employees will be much evident to understand how I would be able to make the best choices (Finkelman & Finkelman, 2012). I must always respect my team members so they can give me the respect as well. I must work in a manner that they should rely on me. I will try to provide the team members all sorts of facilities they deserve for their hard work. I will have to reward them for their achievements as well. Thus I will be able to become a successful leader. As a successful leader my target will always be to inspire my team members so they can be able to outdo their performances positively. This will surely be helpful for them to progress in their professional career. I will show them the way of how they can overcome the difficulties and come out with flying colors.
B) Decision Making
Decision making is a very important perspective for the organizational success. It has been seen that the organizations face several difficulties in their operating environment. This aspect is significant since the organizational managers have to take some strict decisions to make the higher business profits (Bhatti et al., 2012). It is the responsibility of the management to make the sound decisions while they face the difficulties in employee communication and other issues. The employee communication is one of the most important events that should be mad prompt for the smooth functioning for the task divisions and other issues. It is interesting since the proper decision making activities will benefit the customers. As the customer satisfaction is the primary goal for the organizations (Oshima Lee & Emanuel, 2013). The decision making process will make some changes that will provoke the customer satisfaction at its proper place. The managers will think upon two or more alternatives and finally decide which thing should be implemented properly. This will enhance the business operations indeed (Pettigrew, 2014). It is indeed very important to note that the organizational managers will need to make the best decisions that will support their changes. These changes can bring them higher benefits through the multi channels. The customers will surely be pleased by the new and improved ways of offering the products and services to them.
I have found this fact to be very much interesting through some of my professional experiences. I must mention that I was facing some difficulties in communicating with my employees properly and the annual reports showed that we were running at a loss. To prevent this, I chalked down some plans to change the way of our business operations. My business partners gave me some options on how I should bring about the change and end the trouble I was having. It was indeed difficult for me to make the decisions. However, I found out that I should urge the employees to talk to the customers. This will be much fruitful since the customers would be able to make their desires and needs clear to the employees. This decision of mine was very much positive and I found that our company had gained some better momentum in terms of profits. Thus decision making process in the organizations has been very much motivating for me. There are other interesting aspects of decision making as well. The capabilities of the leaders to take the teams to better positions are measured by how they take the strict decisions. This reflects their leadership qualities.
After going through the details of this process it will be very important for me to apply this in my future times. At first I would have to identify the problems within the management that are disturbing the smooth operations. Next I would set up the proper objectives for the needed change. These objectives would let me address the critical situations in the positive manner. I would go on to consult with my peers and my team mates and develop selection criteria. After that I should make evaluation against the selection criteria. The best alternative would be chosen that would best fit the selection criteria. The best selection criteria would then be implemented for the overall success of the company (Bhatti et al., 2012). I will try to focus on the normative and cognitive decision making styles so the company can achieve higher profits. I would rather try to chalk out the difficult situations that I have faced within the organization. Then I will discuss it with my team mates and judge the strengths and weaknesses of the different plans. This will help me to decide which plan I would choose for the best interest of the organization.
References
Antonakis, J., & House, R. J. (2013). The full-range leadership theory: The way forward. In Transformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition (pp. 3-33). Emerald Group Publishing Limited.
Bhatti, N., Maitlo, G. M., Shaikh, N., Hashmi, M. A., & Shaikh, F. M. (2012). The impact of autocratic and democratic leadership style on job satisfaction. International Business Research, 5(2), 192.
Bolden, R. (2016). Leadership, management and organisational development. In Gower handbook of leadership and management development (pp. 143-158). Routledge.
Ferrell, O. C., & Fraedrich, J. (2015). Business ethics: Ethical decision making & cases. Nelson Education.
Finkelman, A. W., & Finkelman, A. W. (2012). Leadership and management for nurses: Core competencies for quality care. Pearson.
Huczynski, A., Buchanan, D. A., & Huczynski, A. A. (2013). Organizational behaviour (p. 82). London: Pearson.
Jones, G. R., George, J. M., & Langton, N. (2013). Essentials of contemporary management. McGraw-Hill/Irwin.
Northouse, P. G. (2018). Leadership: Theory and practice. Sage publications.
Oshima Lee, E., & Emanuel, E. J. (2013). Shared decision making to improve care and reduce costs. New England Journal of Medicine, 368(1), 6-8.
Pettigrew, A. M. (2014). The politics of organizational decision-making. Routledge.
Vaccaro, I. G., Jansen, J. J., Van Den Bosch, F. A., & Volberda, H. W. (2012). Management innovation and leadership: The moderating role of organizational size. Journal of Management Studies, 49(1), 28-51.
Vaiman, V., Scullion, H., & Collings, D. (2012). Talent management decision making. Management Decision, 50(5), 925-941.
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