This kind of assignment is usually to development an organized leadership advancement plan. Generally there includes to report the CEO about the review the strategic managing and management of the organization.
In current situation, Myanmar is in the move period in both political and monetary surface. The treaty of ASEAN cost-free trade location which will start impacting Myanmar from 2015 is a challenge to get Myanmar SMEs. As usual consequences of alter, while some will certainly benefits from this, some will face challenges.
As the existing organization is one of the SMEs in Myanmar, transform management which can be adaptable intended for the situation of Myanmar needs to be made. In addition the organization needs to prepare for the alterations and for adapting corporate and up to date management. Organization Profile KKK is a manufacturer of authentic Myanmar traditional foods including types of pre-packed ready-made ingredients for traditional curry. Their products are situated at the top end of the market in terms of the two quality and price. Head office of KKK is situated in 78th Avenue, Mandalay.
Manufacturer is situated in Chan Aye Tar Yoga Industrial area. The Plant is operating with about 500 employees from top to bottom line operation. KKK has been around business today for five years and has grown in popularity. The thing that was once a business targeting exclusively the Myanmar traditional Foodstuff community is continuing to grow into a business that has significantly broader charm. KKK offers several objectives that they will obtain to maximize reveal of local market in pre-packed foodstuff industry within the next three years.
The very first is an increase in revenue reaching five thousand Lakhs by Yearly from regional market. KKK also would want to achieve major margins to become above 54%. KKK also hopes to include 20 diverse outlets that may distribute their particular product. Yangon outlet is a first step of the objectives finally the organization should be to become known as the premier real Myanmar traditional food manufacturer internationally with an ever-increasing geographic distribution area.
Task-1 1 . 1Explaining the link between strategic management and command Strategic managementStrategic Management is focused on identification and description with the strategies that managers can carry so as to attain better performance and a competitive advantage for their very own organization. A company is said to acquire competitive edge if it is profitability is definitely higher than the average profitability for a lot of companies in the industry. | | Strategic management is a continuous process that assess and handles the business and the industries by which an organization is usually involved; evaluates its competitors and sets goals and ways of meet every existing and potential rivals; and then reevaluates strategies frequently to determine how it has been applied and whether it was successful or can it needs substitute. (www.managementstudyguide.com, Strategic management) Leadership The ability of any company’s managing to make audio decisions and encourage others to execute well.
Powerful leaders have the ability to set and achieve tough goals, for taking swift and decisive action even in difficult situations, to outperform their competition, to take worked out risks and also to persevere when confronted with failure. Strong communication abilities, self-confidence, a chance to manage others and a willingness to embrace transform also define good command. ( www.investopedia.com, terms leadership) A simple meaning of leadership is the fact leadership is definitely the art of motivating someone to act to achieving one common goal. ( www.sbinfocanada.about.com,leadership) The hyperlink between proper management and leadership Ideal decisions are very important for the expansion and advancement any organizastion and change according to different supervision and different leadership styles.
The change is definitely the function of leadership and strategic decisions means decisions leading to substantial changes in managing processes. Consequently, Strategic Supervision and Management are tightly related or in other words, amigo. In fact , the terms management and proper management happen to be interchangeable as a leader performs key function like starting, planning, helping, controlling, considering, etc . Their other responsibilities include building, developing keeping a team and achieving one common goal keeping the individual part of the team motivated. As ideal leaders, top rated level managers must slowly move the firm in a ways that lead to formation of strategic purpose and strategic mission.
This guidance may result in goals that stretch everyone in the business to improve all their performance. Griffin, R. W. 1999 Proper management is a process of coordinating technological, financial, material and human resources of the organization for enabling it and its stakeholders in obtaining stipulated focus on efficiently and effectively. Strategic management is a extensive term in comparison to leadership as far as scopes have concerns because leadership is mainly limited to organizing, leading and supporting individuals or the human resource in order to achieve the stipulated target whereas proper management refers to all resources within an organization.
Strategic management plays crucial role in responding to the challenges which businesses have to face due to rapid changes in technology, growing competition and globalization. (www.mbadissertations.blogspot.com, link between strategic management) Strategic aims of KKK is to increase share of local marketplace in pre-packed food market within the next 36 months. The first is a rise in sales getting five thousand Lakhs by Annually from regional market. KKK also want to achieve major margins to get above 57%.
KKK likewise hopes to include 20 diverse outlets that could distribute all their product. Yangon outlet may be the first step of the objectives last but not least the organization is usually to become known as the premier genuine Myanmar traditional food producer internationally with an ever-expanding geographic syndication area. To offer the strategic objective of the firm, there are ought to be ways intended for leaders attempt to get the targets. Leaders must do to be ideal management.
To begin with, analysis after current and future scenario has to be manufactured. In examining current scenario, SWOT examination, PEST evaluation techniques can be used. Current condition of Myanmar is a lot of challenges.
Yet very close to in future, as a result of AFTA of ASEAN organization from all over the world enter Myanmar and SME’s in Myanmar have to deal with business form ASEAN countries. Our business, traditional food developing and circulation industry has got even more competitive benefit than other sectors because the organization is based upon traditional foodstuff. Leaders of KKK meals manufacturing firm has to analyze the strength, weak spot, opportunities, and threats intended for the current and situation of Myanmar and foreign marketplace and have to assess political, financial, social and technological research along with the research of the external and internal environment in the organization to fulfill the ideal objectives.
To make analysis the latest system and infrastructure of KKK meals manufacturing must be considered. More employees must be trained and even more materials need to be required. To spread out branch offices, communication and cooperation with authorities needs to be made.
The leaders must considered whether the raw materials can easily supply the demand of the industry and vehicles condition can be supply the natural in time or not. The best has to consider the competitors’ strategy in current market. After which decision is a second important matter.
That manufactures, the advanced machine like packing equipment, mixing machine and powering machines should be mounted to get more fruitful. And proper shop ground management pertaining to human resources must be implemented. In Pricing and branding tactics, differentiate with low-cost approach is suitable for neighborhood market. Target for only traditional technique is also enough.
Moreover frontrunners are required to allocate the necessary methods and to design the organization to intended strategy to reality. The leader of KKK food manufacturing should make an effort to get the goals by the subsequent ways in the diagram. Merchandise plan/development 1 ) 2 Examining the impact of leadership models and supervision on proper decisions You will find five primary types of leadership designs like Autocratic, Bureaucratic, Charismatic, Democratic, Laissez- faire, etc . (Richard L. H. and Katherine C. B. 2005) 1 . Autocratic leadership style: when the frontrunners use absolute powers for making decisions.
This can be more prevalent in military and Adolf Hitler is a good example of it. In corporate world, United Modern aviation Services (Dubai) is known to get autocratic management. 2 . Bureaucratic leadership: when the leader uses the strict theories of leadership defined in ebooks. This design is adopted where safety precautions are visible specially taking care of machines.
3. Charismatic management: When the supporters are highly inspired by the head and consider blindly within their leader. Mahatma Gandhi was obviously a Charismatic head. 4. Democratic leadership: When ever team members will be included in making decisions by the head.
This helps in building staff spirit and motivating all by increasing trust, skill and confidence. five. Laissez-faire command: When the innovator leaves the team members for taking decisions and their own and monitors them. This is applicable with successful and competent teams. ( D. Deb. Warrick Journal of Experiential learning and simulation 1981 ) The culture of KKK Firm is production and syndication.
Currently, most of the functions in the firm physical exercises bureaucratic leadership style. In day to day manufacturing operation, division and office work practices Bureaucratic Leadership Style. This style seem to be powerful because staff are doing routine duties over and over. Staff need to appreciate certain criteria or methods.
They are dealing with dangerous or perhaps delicate tools that requires a definite set of procedures to operate. That manufactures area, security or protection training has been conducted. Personnel are executing tasks that want handling money.
In all daily operation of KKK food manufacturing, bureaucratic leadership design is currently physical exercises. The consequence of the current leadership design of KKK would be that the organization suffers from slow creation to get to the objectives from the organization. In making strategic decisions in manufacturing group the employees experienced frustrated and increase turnover rate and absenteeism. In office work and transaction function, the style results the happening of the loop whole. Employees feel uninteresting in working environment and also is definitely suffering from increasing turnover rate.
So excising bureaucratic style purely in the whole organizing arise slow creation to reach the goal. 1 ) 3 Analyzing how leadership styles may be adapted in order to situations Leadership styles tailored to different circumstances. It is noticeable from the numerous scenario with the given that several leadership models are required to become adapted in different situation.
Autocratic Leadership Style This command style continues to be greatly criticized during the past 30 years. It is the best style inside the following circumstances: Fresh, untrained personnel who are not aware of which duties to perform or which techniques follow Effective oversight can be supplied only through detailed requests and recommendations You will find high-volume development needs each and every day There is limited time in which to produce a decision For example , Militaries in the countries, and training parts of the organization follow autocratic leadership variations.
For the corporation of KKK manufacturing, this kind of style must be followed in training section under the HUMAN RESOURCES department so that the new given employees may understand the methods and can apply in their day by day operation precisely. By applying autocratic in schooling section, faults and risks occurred by newly given employees can be reduced in mass manufacturing environment. For instance , audit businesses, and executive firms, mass production industrial facilities are applied the bureaucratic leadership style. For KKK food developing, the bureaucratic leadership style is designed in development firms in order that the routine jobs can be effective and effecient. Operators must follow the production treatment and standards.
Employees in production division must deal with dangerous tools like taking, blending, trimming machines and refined materials just like food which must need to be hygiene. Democratic Leadership Style Democratic leadership is suitable for the problem of high quality and high volume work for a long time. Many personnel like the trust they get and react with assistance, team heart, and excessive morale.
For example , arts entrainment firms like broadcasting TV SET and car radio channels, businesses based on modern technology like Apple and Microsoft apply he democratic leadership design. For KKK food manufacturing, democratic style leadership design is satisfactory in office work and long term strategy. In top level management strategic decision making, the style is appropriate. Laissez-Faire Leadership Style The management style is suitable under the scenario of: 2. Employees are highly skilled, experienced, and educated. * Employees have satisfaction in their work and the drive to do it efficiently on their own. 2. Outside professionals, such as personnel specialists or consultants being used * Employees are reliable and knowledgeable.
For example , sectors like resort and hospitality, dealing with skilled vendors, working with audit firms and legal consultant organizations need to be applied the command style. Intended for our organization, KKK, we must handle vendors like Unilever food solution with regards to training the employees and endorsing the manufacturing procedure in line with international meals manufacturing types of procedures. In dealing with exterior experts, staff specialists and consultants the laissez-fair management style is effective.
Leadership Command is a process of giving goal to ordinaire effort, and causing ready effort being expended to attain purpose. (Jacobs and Jaques, 1990, pg 281) Command is the capacity of an specific to affect, motivate, and enable others to contribute toward the success and accomplishment of the organization. (House ainsi que al, 99, pg 184) Every leaders attempt to attain organizational goals through other people ( their subordinates) by themselves ways. Renowned examples of charismatic or autocratic leaders happen to be Winston Churchill, Bill Clinton, Mother Teresa and Adolph Hitler. They used their very own authority in highly manner and by organized set of incentive and administration.
A popular example of bureaucratic leader can be Paul Tetu Sr. and Paul Tetu Jr. motor bike production in America. The leaders enforce their subordinates to rule. Carlos Ghosn (born 9 03 1954) Director and key executives expert of Renault, France and CEO of Nissaan, Japan, has the type of democratic command. He usually empowers his employees to adopt decision. This individual provided his employee’s difficulties to perform better at the same time produced them noticed that he trustworthy them and the capabilities.
One other famous head who applied the Laissez-fair style is usually Mahatma Gandhi, National head of India. All specialist or power given to the individuals and they determine goals associated with decisions, and resolve challenges on their own. Therefore , many leaders apply diverse leadership approach through all their people on their own way in line with the situations. There are numerous theories of management and leadership in organizational approach like Wonderful Man hypotheses, Trait hypotheses, Behaviorist theory, Situational management, Contingency theory, Transactional Theory, transformational theory, etc . Several organizations are influenced by different theories of management and leadership.
John Adair’s Action Centered Leadership (Greatman Theory) Resource: www.adventuremas.com, Improvements in Management Advancement Three Dimensions Theory There are three dimensions to effective management, each that is within the control of the leader, and each of which can be developed through appropriate support and guidance. Effective command is about expanding your ability in all the three measurements and then choosing to apply your skills and abilities within a balanced, 3d way.
Supply: (www.mapleassociates.com, Sue Batty MASTER OF BUSINESS ADMINISTATION MCMI Three-Dimensional Leadership the balanced approach) Every single dimension features equal importance, which means that frontrunners who have expansion needs in one or more in the dimensions, will display behaviours that indicate an opportunity for improvement. Simply expanding an already strong dimensions will not function; a power overplayed may become a weak point. Values The first dimensions of leadership is that of values. These are the internal thoughts that influence the way a leader landscapes the world surrounding them. Some ideals are deeply embedded within our moral construction.
For example , they guide us in the big difference between proper and incorrect, good or bad. Developed as we improvement through the child years, are increasingly challenging to change or change, as we grow older. Success In order to business lead people efficiently, the individual innovator must 1st be able to self-manage. This means that they need to be personally effective’ in performing important tasks.
Time management (or rather, successful use of time), is a primary example. Frontrunners who fail to identify and manage their own priorities happen to be unlikely to help team members go better. Worse still, they might feel threatened by a part of the team who is more accomplished through this basic managing skill than they are.
Effect It is important to notice that really influential frontrunners are not necessarily those who are seeking the popular vote. Leaders who have use their particular personal charisma, or acceptance, to inspire and impact, whilst neglecting to develop their very own values or perhaps effectiveness measurements, need to beware of the following, How the enormous fall if the popular election disappears! ‘ Charm may work for a while, but real trustworthiness and value are relying on the ability to deliver results in all areas. (www.mapleassociates.com, Sue Batty MASTER OF BUSINESS ADMINISTATION MCMI Three-Dimensional Leadership the well balanced approach) Transformational Theory Transformational leadership theory is all about management that creates positive change in the fans whereby they take care of every single other’s interests and work in the pursuits of the group overall.
James MacGregor Burns first brought the concept of transformational command to prominence in his comprehensive research into leadership. The four pieces of the transformational leadership style are: (1) Charisma or perhaps idealized impact the degree to which the best choice behaves in admirable ways and displays convictions and takes stands that trigger followers to distinguish with the innovator who has a definite set of principles and provides a role unit for the followers. (2) Inspirational inspiration their education to which the best choice articulates a vision that may be appeals to and inspires the followers with optimism regarding future desired goals, and offers which means for the latest tasks available. (3) Perceptive stimulation the degree that the leader issues assumptions, energizes and motivates creativity inside the followers by providing a framework for followers to find out how they hook up to the leader, the business, each other, as well as the goal] they can creatively overcome any kind of obstacles when it comes to the quest. (4) Personal and specific attention the degree that the leader attends to each person follower’s requirements and provides a mentor or perhaps coach and share respect to and gratitude of the individual’s contribution towards the team.
This fulfills and enhances every individual team members’ need for self-fulfillment, and self-worth in addition to so performing inspires enthusiasts to further achievement and expansion. (www.ezinearticles.com, Stephen Warrilow Transformational Leadership Theory The 4 Essential Components in Leading Modify & Managing Change) Supply: Model of Transformational Leadership, www.managementstudyguide.com For the selected organization KKK transformational command theory, If at all possible mergers, obtain, joint endeavors have to be proven. The above three theories, David Adair’s theory, 3D theory and transformational leadership must be adequately combined and used in our organization.
Through personnel, utilizing suitable leadership design in different portions, individuals engages with each other which is able to make a connection that result in increased motivation and morality in both followers and leaders. Leaders can also initiate, develop, and put into action important changes in a self-confidence, extroversion, and understand the value of the business. Our changing strategy is to meet the requirement of the time of AFTA (2015) and can get competitive edge in food manufacturing sector via traditional food. ASEAN Free Control Area (AFTA) AFTA is a free trade zone in Southeast Asia where affiliate countries contain Malaysia, Singapore, Thailand, Philippines, Indonesia, Vietnam, Laos, Myanmar, Cambodia and Brunei.
The AFTA agreement supports the effort to relax transact barriers among member countries in order to obtain direct trade benefits. The objective of a SWOT analysis with the manufacturing sector is to determine the key factors that impact the success in the industry. The four factors considered part of a SWOT analysis will be: strengths, weak points, opportunities and threats. A SWOT evaluation estimates the hazards for a particular market.
1 . Strengths * The strengths in the manufacturing market are that it is relatively secure. Although the demand for manufacturing is likely to fluctuate with the ups and downs in the economy, it really is characterized by standard periods of recovery subsequent any downturns. Moreover, developing has become remarkably efficient over the last century, having the ability to maximize the two productivity with the workers and machines to increase profits. Weaknesses * A weakness in the manufacturing sector is that much of it is created on the creation of non-essential goods. This means that a severe downturn in the economy can have a crippling effect on this.
Another some weakness is that this can be a mature sector. This means that there exists heavy competition and little room pertaining to growth. Consequently, the developing industry can be quite a cash cow for those who are previously in this but can be unattractive to new traders. * Sponsored Links Opportunities * Chances in the developing industry happen to be in the technology and bio-technology areas.
These are generally growing market segments with higher income. Additionally , they may be knowledge-dependent industry segments that want highly particular workers, which makes it difficult pertaining to low wage countries to compete through this market part, thereby providing an edge to more industrialized countries. Overseas markets with a growing middle class happen to be providing options for technology and bio-technology manufacturers to increase their success through exports.
Threats * The largest risks to the production industry in developed nations around the world are coming from low wage countries. The low wages of the countries have made it impossible for many businesses in developed nations around the world to remain competitive, requiring these to either close or move overseas to find cheap labor. Increasingly, India is a level bigger menace to the production industry, having its ability to supply highly informed workers at low income to complete roles in the high-tech production market part.
Read more: SWOT Analysis of producing Industry | eHow. com http://www.ehow.com/about_6767951_swot-analysis-manufacturing-industry.html#ixzz2HdkmsvMX 1 ) Strengths, Weak points, Opportunities and Threats STRENGTHS A few expenditure about food is vital for everyone which is considered a well established part of the home budget. Many food products are deemed necessities and they are unlikely to get harshly impacted by any downturn in the economy. It is discretionary spending that is usually badly hit in a recession, which can be, therefore , more likely to harm sales of luxury’ foods.
The UK includes a well-established source structure, when it comes to both it is production basic pertaining to meat, dairy products, fresh and processed vegetables, bakery products and fish, particularly as well as its network of retail outlets mainly as major many. Using a period of intensive rationalisation and restructuring, the united kingdom food market can now take advantage of more focused businesses and generally more effective supply stores. The food-processing sector has also gained from loan consolidation, which has developed more vertically integrated firms and more financial systems of level.
Buyer demands for convenience have got served to improve the chances for foodretailing, which are not anymore confined to the standard food retailers or to hours of sunlight. As well as minimising missed chances, it also permits the industry to capitalize on behavioral instinct purchasing. In such a fully developed industry, the competitive pressure on suppliers ensures a high degree of item innovation.
DISADVANTAGES Couple of brands delight in high levels of consumer commitment and in selected sectors, including cereals, bread and yogurt, it is specifically limited. Therefore, product moving over and the regarding own product labels are harming sales of some brands. The buying power of the large superstore chains, and the demand for lower-priced supplies, offers put even more pressures about food-industry margins especially upon producers with commodity groups, such as milk. (It is achievable that foreseeable future EU laws will prevent someone buy of goods listed below cost price and will set a 2 .
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