Saturday, July 27, 2019

Principles of Management Essay Example | Topics and Well Written Essays - 1500 words

Principles of Management - Essay Example The decision-making process entails recognizing the issue, choosing an alternative and assessing the usefulness of the decision taken (Robin & Coulter, 2004). Since the problems have already been identified, I would proceed with the latter aspects of the decision making process. As being new to the company, I would try to gain the trust and confidence of the employees. For this purpose, they would be lead by exemplary performance in the firm. I will listen to their problems and would strive to solve them. Informal sessions would be conducted to find out the employee way of performing job role prior to my appointment. This would give me an idea as to how changes should be implemented. Bringing changes in Company XYZ would not only involve alterations in the current organizational structure but also in the behavior of the employees. To bring about this change, there would be a requirement of a team of change agents which will assist me in implementing the change. It often happens that people show resistance to change. To overcome this problem, I, along with my team members, would communicate the changes to the employees and address their grievances or fears related to the change. These problems would be dealt in the following manner: Leadership is an important aspect of any organization. With sound leadership, companies can prosper. On the other hand, the weak leadership can lead to the downfall of any organization. Leadership is not only important for employees in the top management rather it is essential for employees at any level; be it top, middle or lower level. The reason why leadership is necessary at all levels is that through effective leadership skills, employees can influence other employees (especially their subordinate) and thus obtain good results and performances. The question here arises is what are the leadership skills? Or more importantly, what leadership skills are lacking in the employees of Company XYZ? According to the trait theories, based on the research conducted in the 1920s and 1930s, seven traits were identified.

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