Strategy Briefing Paper Essay Example | Topics and Well Written Essays - 500 words - 1

Strategy Briefing Paper - Essay Example According to Nishino (1996), there is rapid expansion in the automobile industry around the world because of the growth in the demand of passenger vehicles and the overall increase in the demand for cheaper automobile components. Governments continue to make efforts in encouraging the growth of the industry in their countries. The demand for high quality vehicles is increasing because of the growth of the population of the middle class population in many countries making the purchase of a vehicle to become a sign of financial accomplishment (Goldberg 1995). As pointed by Berry, Levinsohn & Pakes (1995) the increase in the demand for automobile components has built pressure on automotive producing companies to look for alternatives of reducing the cost of production and embrace more economic methods of production. Through the process of globalisation of the world economy, governments and trade organisations continue to encourage lowering of tariffs and reduction in trade restrictions. This continues to make the industry more competitive as each international car manufacturing company has equal access to the market. Each company is therefore expanding its production to enhance their presence in the world (Orsato & Wells 2007). The focus is mostly on the supply of vehicles that meet the expectation of consumers and at the lowest costs. Apart from cost, the major focus is also on air pollution, energy efficiency and brand meaning (Kolk & Pinkse 2004). The company should come up with models that are more efficient in terms of fuel consumption and low emission of carbon dioxide to match the current demands of customers and enhance the reputation of its brands all over the world. The company has successfully been applying the culture of acquiring other players in the industry as a means of growing and expanding its operations. To enhance the rate of growth, the

Leadership & Organizational Behavior Research Paper - 1

Leadership & Organizational Behavior - Research Paper Example I believe there are many efficient leaders in the past as well as in the current business scenario who gained the ability to significantly influence the business world trends with their unmatched leadership skills. However, when it comes to me, I feel Judy Schmeling is the one who has been performing extremely well as an efficient leader as the EVP and CFO of HSNi LLC (Bloomberg, 2013). I firmly support that she has the ability to perform various tasks efficiently and successfully at any position within the organization. Thus, I believe that leadership style that is being practiced by her is indeed eligible for appreciation. I strongly admit, whenever I get opportunity in my life, I would definitely try to emulate her leadership style into my professional career. Notably, there are different types of leadership styles generally followed by organizational leaders. These different styles of leadership are often observed to be duly adhered in different situations by effective leaders ra ther than focusing on a particular style. It would be worth mentioning in this context that none of the leadership styles is most perfect to act as the most efficient solution in today’s business world. Thus, the selection of the leadership style should be flexible enough to meet the changing requirement of the business and the prevailing business circumstances. I further admit that different leadership styles possess certain advantages and disadvantages. Nonetheless, in my opinion, participative leadership style contributes significantly towards performing various tasks within the company with ease (Rok, 2009). In the most general sense, participative leadership style can be defined as the leadership style wherein joint decision making is duly in practice. In other words, participative leadership style seeks to engage employees, subordinates and peers to participate in the organizational decision making. I believe that participative leadership style dramatically results in m aking the most optimum use of the ideas and creativity of those participants involved in the decision making process of an organization. The major reason why I prefer participative lea