Give An Example Can Be Applied In Business-Myassignmenthelp.Com

Question: Discuss About The Give An Example Can Be Applied In Business? Answer: Introducation Business ethics is the moral compass that guides ones behaviors while doing business with other people or organizations. One way on how ethics can applied in business is by the creation of a culture of honesty both internally and externally (Dickson, Castao, Magomaeva Hartog, 2012).Describe three different leadership styles identified by lewin.identify situations where each style is most appropriate. Autocratic In this style of leadership the leader makes decisions without involving other members and the decisions made are financial and abiding. Democratic In a democratic style of leadership, when the leader makes decisions he will often involve people even though the final decision rests with the leader. Laissez-Faire The laissez-faire style the leaders involvement in decision-making is minimal, hence other people get to make decisions themselves. Laissez-faire works best when individuals are competent and roused in settling on their own choices. Explain what consultation is and what are its aims? Consultation is a vigorous procedure where the management of an organization brings forth both formal and informal methods of communication channels among the association and its partners .it is aimed at creating awareness and also educating the parties involved on the issue at hand. Mission; The business will provide a complete service, including free quotes and designs, building and construction and all associated services, after sales maintenance and a seven- year guarantee covering workmanship. Purpose; ABCDecks recognizes the importance of environmental sustainability; therefore, it is our commitment to only use sustainable materials in all our projects. Objectives and values; Over the next 12 months, ABCDecks will undertake 25 renovation jobs valued at $12,000 each. Over the next 12 months, ABCDecks will generate $300,000 in sales ABCDecks will have a working capital of $41,000 by the end of April. Over the next 12 months, ABCDecks will have served 30 new clients, have quoted a further 200 clients and have completed projects of $10,000 plus for 50% of clients. How can organizations manage change successfully? Change can be implemented successfully if one the management readily supports the process it is important that the management shows initiative and the will to make the change when interacting with staff. The other way to manage change would be to create a case for change not many people want to make changed just for fun .a case change can be from different sources e.g. data collected and shows need for change. for change to work all employees must be involved at all levels of the organization and should also be made to understand the reason and the process that they need to follow for change to happen. How the change is communicated to employees also matters and this should be done systematically. Communication efforts should be proactive to reduce resistance from employees once the change is announced how to implement the change should follow and should be communicated effectively making note of timelines and indicating resources that shall be involved in the process of change. Its critical to always make a follow up after change has been implemented this is to assert if change brought the desired outcome that was expected or were their any flaws. If any barriers are noted it is wis e to remove those barriers can be as a result of lack of training am employees .employees refusing to implement the change or lack of resources all this should be identified and removed. Finally it is wise to celebrate a job well done employees appreciate the change and accept it even better How an effective leader can build trust confidence and gain respect amongst a diverse group? First, is by develop the skills of all employees when the entire employees have skills that suit their jobs they have more confidence in the work they do. Second, keeping group members truthfully informed; informations is key in a group this is because there is less friction since there is no room for speculations. Third, confront hard issues in a timely fashion. It is wise to tackle issues as they arise to avoid a backlog of problems and dissatisfied group members. Finally, protecting the interest of all group members in the group; do not favors anyone in the group makes it clear all members are equal and interests are protected (Schaubroeck, 2012). Atleast 3 different methods of communication a leader can use when communicating and /or consulting with staff. A) Meetings b) Telephone C) face to face according to Susan Heath field, what are 3 of the 12Cs for team building. Commitment: team members should ask themselves if they really want to be in the team and participate in it. Is the mission of the organization important to them and how committed are they towards accomplishing those goals? Do they see themselves adding any value to the organization and to their own lives and are they excited by the changeless offered by being in the team. Competence: How competent do team members feel, and do they see themselves as the right people to be in the team ,do they see other team member as qualified to be in the team and do they have the know how and required abilities to tackle issues which will be raised in the team. Collaboration: the team members should get a clear picture of the team process and different stages of group development and the roles each member plays in the team in order to avoid conflict have consensus in decision making and thus accomplish team goals on time. Communication: Are colleagues clear about the need of their errands? Is there a built up strategy for the groups to give criticism and get legitimate execution input? Does the association give critical business data consistently? Do the groups comprehend the entire setting for their reality? Do colleagues impart plainly and sincerely with each other? Do colleagues convey different suppositions to the table? Are fundamental clashes raised and tended to? Choose one of the factors in question 3 and describe in your words how this makes the performance more consistent among members? Communication is essential for good performance of the team members reason being that when the team members know exactly what is expected of them they are bound to perform better. What causes a groups performance to level as it grows in size? a)loss of individuality; individuals loss their self awareness and thus sense of accountability and responsibility for their own actions b) Groups can be exceptionally adaptive. It gives the idea that groups and structure changes can successfully defer process misfortunes as gathering size increments. Gathered together individuals can marketing the versatile changes deliberately or accidentally c) As Group size increases some group members might loss focus and thus affecting the performance of the team and thus not achieving intended goals. Make available (a man or association) with materials, cash, personnel, and different resources fundamental for viable operation. What are two ways that a person could participate with industry groups to maintain professional currency? Networking; taking time to attend conferences so that one can build up on knowledge in latest trends within the specific industry Build skills with studying; do more research and take up studying to update on skills in the industry. Briefly describe what you understand workplace culture to mean. Organizational culture is clearly the viewpoint, way of life morals and ways of which people in that organization interacting with each other and that give to the unique societal and emotional environment of an organization. Referreing to page 84 of the workbook list five of the elements that make up an organizational culture. A) Values b) Rites and rituals c) Norms D) Communication networks e) Stories, myths and legend References Dickson, M. W., Castao, N., Magomaeva, A., Den Hartog, D. N. (2012). Conceptualizing leadership across cultures.Journal of World Business,47(4), 483-492. Schaubroeck, H., (2012). "Embedding management leadership within and across organization levels."Academy of Management Journal55.5: 1053-1078.