Yuan Ye (Carol) IBT07148 Transactional and Transformational Leadership [pic][pic] To: Nour Akalay Management June ‚ 2008 Transactional and Transformational Leadership Leadership has been an important topic in the social sciences for many years. Recently‚ renewed interest in the concept of leadership has been aroused. “The resurgence of interest in studying the topic of leadership appears to be accompanied by an acceptance of the distinction
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McManus (2006)‚ A leadership style is a leader’s style of: providing direction‚ implementing plans b and motivating people There are six common styles of Leadership (...................): Authoritarian Paternalistic Leadership Laissez-Faize Transactional Transformational (each style will have its own slide‚ present general information only) Transformational Leadership Style: (present detailed information) Individualized Consideration – the degree to which the leader attends to each follower’s
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possessed appropriately developed leaders‚ more likely than not‚ these failures would not have occurred. As working with hazardous materials elevates the importance of sound leadership‚ WFC must invest both time and resources to establish transactional leaders. Transactional leadership focuses on the role of supervision‚ organization‚ and group performance (Ifeanyi and Odumeru‚ 2013). It is a style
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Macro-environmental Analysis Children’s Market APPENDICEs Appendix 1.0 Expanded pestle analysis of children’s market An extensive pestle analysis was conducted to highlight the reasons changes have occurred in children’s market. The key issues that affect the market were recognised through thorough research and are talked about in more details below. Political factors • Increased legislation on marketing to children • Increased emphasis ethics and responsible
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PESTEL ANALYSIS Political factors - A government that is based on“A healthier you” strategy - Reporting of organic prices - Safety inspections Services ==> Positive impact Economic factors - Increase of 3.9% in the third quarter - Real Personal Consumption expenditures (increase of 3% in the third quarter) - Temporary Personal Income (increase of 6.1% in the third quarter) - European Markets : Weak dollar against Euro‚ increase in the interest rates. ==> Moderate impact Socio-cultural
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investments to accomplish its strategic goal and objectives. These external factors may include competition‚ ethical‚ legally and technical changes happening around the world which also includes economic and political environment. PESTLE PESTLE analysis (political‚ economic‚ socio-cultural‚ technological‚ legal and environmental) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is a strategic tool for understanding market
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SPRING 2013 INTRODUCTION TO BUSINESS (MGT211) ASSIGNMENT NO. 01 DUE DATE: 2ND MAY 2013 MARKS: 20 ASSIGNMENT: TOPIC: PEST Analysis for New Business Learning objectives To get knowledge about the importance of a PEST analysis. To know about the qualities of a good businessman. Learning outcomes After this assignment‚ student will: To understand the role of PEST analysis for goods and services. To understand the qualities of a good businessman required for the success of a business. Case:
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PEST ANALYSIS Introduction The business our team has chosen to analysis‚ set up and create is a trendy jazz bar‚ located in the heart of Sydney. In order to analyse and build our establishment‚ we must research a variety of aspects that can harm or affect our business in any way. This involves researching our external environment such as the political/legal‚ economical‚ social and technological issues that are current in today’s world. They will all help us to determine our goals and objectives
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There are three types of leadership styles‚ Transformational‚ transactional‚ and Charismatic. Transformational leadership style is a style of leadership in which the leader moves and changes things in a big way by communicating to followers a special vision of the future‚ tapping into the follower’s higher ideals and motives. Followers trust and respect transformational leaders because they have a strong vision for the future of the organisation. Some of the Core characteristics of transformational
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Transactional Flowchart: Guidelines and Examples A Transactional Flowchart depicts all the activities in a process‚ from beginning to end. You can use a Transactional Flowchart to: • Provide a pictorial representation of each activity in a process • Show the sequence of tasks for each activity • Show the flow of inputs and outputs for each task in a process • Analyze the relationship of tasks involved in each activity This guide provides basic instructions for creating a transactional flowchart
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