Leading and Managing People of the company - Myassignmenthelp.Com

Question: Discuss about the Leading and Managing People of the company. Answer: On creating a shared vision the company may face some challenges if the values are not clear. The vision of the company should have a significant purpose and the organizational manager should describe the current position honestly. Hiding or concealing any fact from the staff members can cause severe consequences later. The company needs to set clear organizational goals and strategies to move forward. In addition to this, the company needs to involve their employees on setting the goals, so that they get a clear understanding of the changing policies and procedures. The current changes are to be communicated to the employees in order to reduce the problems (Ramthun and Matkin 2012). The internal business factors which can affect the organizational success are; the structure, culture, economics and others. Effective internal communication forms the foundation of the organizational culture. It includes the interpersonal relationships, newsletters, training materials, philosophical policies and statements. In an organization, be it big or small, employees happiness matters the most. It is to be kept in mind that the employees are valued and respected. The employees must be encouraged on a regular basis to voice their opinions and views. In addition to this, their achievements must be recognized (Wheelen and Hunger 2017). The external competitors are the most critical factors in a business. The company needs to keep a track of the other companies behavior and strategies. In accordance with that, they need to plan their strategies. On developing the business products and philosophies, the company needs to strengthen their production, customer services as well as operational efficiencies. In addition to this, the company should also meet the political, economical and legal aspects, in order to generate their ethical standards. Moreover, the technological evolution helps in Management the companys need to adapt as well as constantly research for their improvements (Wang, Chen and Chen 2012). In order to ensure the success of the multicultural leadership effort, the leader needs to be motivational and supportive. Firstly, he/she needs to be trustworthy and honorable. Being honest and trustworthy also means being polite and decent. This would help him/her to earn respect from others. Secondly, he/she needs to motivate and encourage the employees to perform their best. Transformational leaders know how to influence their employees to perform their best. Thirdly, good communication skills can prove to be beneficial for the leaders. At the same time, he/she needs to have good listening skills and be compassionate. Fourthly, the organization needs to take care that all the employees are accepting diversity in the organizational policies and multicultural leadership (Aritz and Walker 2014). References Aritz, J. and Walker, R.C., 2014. Leadership styles in multicultural groups: Americans and East Asians working together.International Journal of Business Communication,51(1), pp.72-92. Ramthun, A.J. and Matkin, G.S., 2012. Multicultural shared leadership: A conceptual model of shared leadership in culturally diverse teams.Journal of Leadership Organizational Studies,19(3), pp.303-314. Wang, C.H., Chen, K.Y. and Chen, S.C., 2012. Total quality management, market orientation and hotel performance: The moderating effects of external environmental factors.International Journal of Hospitality Management,31(1), pp.119-129. Wheelen, T.L. and Hunger, J.D., 2017.Strategic management and business policy. pearson.