Tuesday, August 13, 2019

How situational leadership can help raise your organisation's Essay

How situational leadership can help raise your organisation's performance - Essay Example Over the period of time, there have been different attempts to define leadership and its overall impact on the organization. There has been extensive research on understanding the relationship between the organizational performance as well as the style of leadership. Different authors have attempted to link specific leadership styles with the way an organization performs when a particular set of leadership style is in place. Situational leadership is one such concept outlining that there is no single best concept or style of leadership. The best leadership therefore is task related and therefore the most successful leadership is the one which can easily adapt its style to the level of maturity. Robbins et.al outline that the overall performance of the leader as well as the organization critically depends upon the nature of the relationships between the followers and the leaders. Under situational leadership, the overall organizational effectiveness as well as the performance largely depends upon what followers do and how they do it. The overall organizational performance under the situational leadership therefore largely depends upon the notion of the task as well as the supportive behavior from the followers. This paper will therefore discuss as to how the situational leadership can actually allow an organization to perform better and how it can raise the performance standards of the organization. Leadership Defined Over the period of time, it has been unanimously agreed by almost all the academics and researchers that leadership is probably the single most important factor in the success and failure of an organization. One of the lasting impressions of the successful leaders is that the environment and culture set by the leaders remain after they depart. Such a lasting influence and impact on the way leaders impact the organizations and societies therefore deserve special attention in carefully defining the overall concept of leadership. (Boaden, 2006) Accord ing to Robbins et.al there are different explanations and definitions of leadership which have evolved over the period of time. It is however, critical to note that the different authors have disagreed on the use of formal as well as informal influence as an integral part of the overall leadership concept. (Robbins, Millett, & Waters-Marsh, 1998) According to Robbins et.al the leadership is the ability to influence others in order to achieve common goals which can contribute towards any worthwhile goal. (Robbins, Millett, R, & Waters-Marsh, 1998) This definition therefore outlines some important ideas regarding leadership besides indicating the parameters within which leadership as a concept can be assessed. Robbins et.al have also clearly separated the use of force and use of influence as two different aspects and it has been argued that the leaders do not force others to do something but rather they influence them to achieve a common goal. Apart from achievement of common goals, l eaders are also expected to give a shared vision as well as a worthwhile purpose. Situational Leadership Situational leadership is a relatively new concept developed two different authors during 1970s and 1980s. Developed by Paul Hersey and Ken Blanchard, the theories of situational leadership are considered as one of the most important contributions towards the field of leadership and its impact on the organizations. Both the authors have developed their own set of theories and models based on the situational leadership concepts. The basic or core idea behind the concept of situational leadership is based on the idea that there is no preferred style of leadership whereas the effectiveness of a leader can be judged only by the ability of the leader to adapt to maturity. The leaders therefore are considered

Monday, August 12, 2019

Micro Economic Theory Essay Example | Topics and Well Written Essays - 1750 words

Micro Economic Theory - Essay Example This essay stresses that hence microeconomic theory is relevant in the case of flat screen technology. It illustrates how important it is to carefully assess the short term and long term production possibilities and how they will be impacted by the financial factors listed above which could cause changes in demand and supply. Such changes, not only in terms of short term demand and supply but also in terms of aggregate long term demand and supply will impact upon the level of profits that can be expected. While some factors can be easily anticipated and provision made for them, long term changes cannot be so easily anticipated. The law of diminishing returns also begins to apply in terms of the demand and supply of the product. This paper makes a conclusion that microeconomic theory is important in that it enables the establishment of a certain level of foresight in making economic decisions and helps to predict with a reasonable degree of accuracy how the factors of demand an supply are likely to impact upon profit maximization of a product and this a company can plan its long term production output on this bases. For example, the production of flat screen technology instruments must take into account, the factor of entry of foreign imitators of the product, glut in production of the product due to other companies joining in what appears to be a financially lucrative product and the impact of such production gluts upon demand and supply of the product.

Sunday, August 11, 2019

Mexican Americans Essay Example | Topics and Well Written Essays - 750 words

Mexican Americans - Essay Example While the author describes the grandmother as an â€Å"awful grandmother† because of her persistent desire to maintain the traditional church doctrines, the rest of her significant others and other younger generations are embracing a new way of life that is more liberal. This conflict of traditional and modern ways puts the religious grandmother and her grandchildren into constant conflicts. In the story, the grandmother maintains the ways of the church, observing the doctrines of the Catholic Church to the latter. First, the grandmother maintains the use of light candles and use of rosaries when praying for the her family, while the daughter never attends the mass as would be desired by the grandmother. The grandmother maintains the traditional church ways, and use her prayer times to pray for the entire family who are seemingly drifting away from the church and embracing the more liberal approach to life. According to the grandmother’s designated way of life, which ex emplified the conservative ways, there are specific material things that are supposed to be completely shunned. First, the people should shun eating fast foods such as fries, should not spend money on comic books, and should not stay anywhere else other than near the church. The desire to maintain ‘purity’, according to the traditional church doctrines, led to strict ways of life that only matched grandmother’s standards and not any other members of the family. For instance, the son is noncommittal on matters church, and the grandchildren are busy Americanizing their lives from language to general behaviors. It is apparent that the subject family in the story is natives of Spain. However, while only the grandmother is able to speak and understand Spanish, her grandchildren struggles with the native Spanish language, thereby causing some sort of barrier to communication. This exposes the fact that there is an adoption of a different culture from that of the native Spain. The successive generations struggle with the native language, a fact that the older generations understand quite well. While the grandmother's generation lived within the church doctrines, their goals focused into the price that is of a society that is prayerful and bent on defending the outright ways of the church, the changing American society of the younger generation do not mind doing things that are outside the realm of church teachings. For example, the young boy challenges the status quo that he sees as against his good. By telling the sister he is the Flash Gordon, and that the sister is â€Å"Ming the Merciless and the Mud People†, the young boy is trying to spate his ability from that of the sister, portraying himself as the strong righteous one. The younger generations, as represented by the young boy, challenges the role of church rituals such as buring of the candles, kneeling down when praying, and taking of the holy water. To the younger generation, suc h rituals never changed anything as far as reduction of human suffering is concerned. The constant church rituals did not stop people from getting sick from worms and life threatening problems such as depression. The society has played a role in the changes in the attitudes of the young generation. For example, the narrator’s little brother is claiming to want to be a flying feather dancer, but in the process somehow subconsciously expresses what he has seen the surrounding, the second world war

Saturday, August 10, 2019

Evidence based practices Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Evidence based practices - Research Paper Example workers concerned in applicant dispensation have been furloughed habitually, and in March, 2009, the Town Council permitted a three-month hiring freeze (Nostrand, 2007). Hence, the LAPD, as well as other law enforcement agencies, can undoubtedly profit from evidence-based approaches to assessing recruitment programs along with reformation the application process. Using the Los Angeles Police Department and city administrative data from financial years 2007 and 2008, this paper will estimate impacts, in line with applicant numbers, for LAPD’s employment efforts and will revise a model for prioritizing candidates established by Lim et al. (2009). Recruitment and maintenance are long-lasting worries for large urban law enforcement agencies (Lim, 2009). Over much of the last couple of years, police departments from San Diego to New York City have gone through considerable difficulty in finding and maintaining police officers. Even though, the number of police officers countrywide increased by 3.4% between 2000 and 2004 employment did not keep pace with population increase and was well underneath the rate of law enforcement development in the 90s. In addition, 20 out of the 50 largest local police groups in the country decreased in size between 2000 and 2004, in some departments by as high as 10 to 15% (Matthies, 2011). The countrywide economic recession, which started late in 2007, has attested to be a double-edged knife for law enforcement employment. Many candidates are applying for the job, but the funds for hiring and recruiting have been cut. Sheriff and Police departments around the nation have reported large increases i n the number of candidates, as is the Federal Bureau of Investigation (FBI). However, financial woes brought on by the economic recession are stopping agencies from taking advantage of the larger applicant pools. A high number of the applications have cancelled due to the lack of available finances to pay the cadets’ incomes. Nowhere else

Friday, August 9, 2019

Financial Accounting questions Essay Example | Topics and Well Written Essays - 4750 words

Financial Accounting questions - Essay Example ----- 36 Consolidated Balance Sheet on 1.1.2001 (after acquisition)Blue Verta Group Note Assets: Property, plant & Eq. 150 120 270 Current assets 108 105 213 Goodwill 66 - 66 1 Investment in Verta 210 - - Total 549 Capital and Liabilities Equity Capital of Blue 300 120 300 Retained earnings of Blue 78 60 78 Current Liabilities (90 +45) 90 45 135 Minority interests - 36 2Total 549 Solutions to problems of Consolidation of Accounts Question 5 1. Computation of goodwill: Note 1: Blue's investments in Verta Co 90 Less: 60%... Scenario 3:H owes 60% of voting rights of S which, in turn owns 20% of voting shares of S1. Hence, effectively, H owns 60% of 20% ie 12 % of the voting rights in S1 through indirect holdings. He also owns 20% directly. In Toto, his voting shares are 12 + 20 = 32 % of the total voting shares in S1. It may be said that, barring other circumstances, H cannot exercise majority holdings in S1 in none of the three scenarios mentioned above, since his holdings are not above 50% of the total voting shares. The consolidation of accounts arises in the context of holding companies and its subsidiary companies, including acquired holdings and acquisitions of companies by the parent or holding company. The acquired subsidiaries may be independent units having separate product lines and profit centers for the purpose of management accounting and presentation of company accounts. However, since aspects like inter company sales, dividends and profit allocations become necessary, it becomes necessary for the accounts of the subsidiaries to be merged, or consolidated with that of the holding companies in order to present a true and fair view of the state of affairs of the Group on the Balance Sheet date. The reason for consolidation arises because non routine transactions between the holding Company and its acquired subsidiaries need to be smoothened out for stock transfer implications, dividen

Thursday, August 8, 2019

Assignment Essay Example | Topics and Well Written Essays - 500 words - 91

Assignment - Essay Example The entire history of the horses was contained in the international museum of the horse in the park where visitors get the opportunity to learn about horse history (Clarke, 2013). Apart from the world horse history, I also liked the parks sculptures of horses starting with the life-size Man O War statue that captures the attention of any visitor at the entrance of the park. Also other statues include that of Bret Hanover and the United States 1973 winner of the Triple Crown Secretariat (Clarke, 2013). While at the Kentucky Horse Farm I experienced a guided 40 minutes of horseback trail riding as a group activity and dressing in the authentic riders costume for the event. The viewing the parks sceneries from the back of a horse through the trails and bridle paths was such an exciting experience of a life time. I was enchanted as the trail took us to the immense serene view of the blue plains of Kentucky through the beautiful countryside of the park. In addition to horseback riding I got to experience a ride in the horse drawn tours and carriages through the streets of the Kentucky Horse Park just like in the ancient days in history. At the Alltech indoor arena I attended the daily equine horse presentations that were so spectacular. The event showcased the different breeds of horses in the park doing their awesome presentations to the anticipating crowd of viewers that were packed to capacity at the arena. The Kentucky Horse Park fosters the regional and community identity of the people of Lexington a town commonly referred to as the Horse Capital of the World by providing visitors with a spectacular display of man and horse relationship (Clarke,2013). The park cherishes horses that are the Lexingtons community identity together with its horse racing culture at the Keeneland Race Course. The park also keeps the history of horses in order to keep the

Wednesday, August 7, 2019

Corporate Income Taxes - Client Letter Research Paper

Corporate Income Taxes - Client Letter - Research Paper Example Equity financing on the other is when a company issues shares of the company’s stock and receives money in return. Depending on the capital raised through equity, the company may relinquish about 25% to 75% of the business. The advantage of using debt to finance capital expenditure is that you will not give up control of your business. The lender who is usually a bank or lending institutions does not have any right to manage or oversee how things are run in the business. By simple means, your only obligation will be to repay the loan in regard to the agreed terms. Additionally, interest paid on the loan is tax deductible thus it could be savings in term of tax when the business is still small (Hovakimian, Opler, & Titman, 2001). There is some predictability with debt as the corporation knows exactly how much it owes. The disadvantage for this form of capital formation is that the money has to be paid within a fixed period regardless of the business success. Relying too much on debt may prove to be strenuous if the business cash flows do not balance. Potential investors may also run away as a huge debt is termed as a high risk. Loans are not just expensive, the lender might also ask for collateral which includes the business assets or personal guarantee which will put you on the hook in case the payment defaults. Equity financing on the other hand does not have to be repaid. The risks and liabilities of the company are shared between the ownership and the investors that come on board. Since no debt is being repaid, cash flows generated can be used to reinvest back into the company and promote further growth or may be to diversify to other areas of interest. Having a low debt equity ration is advantageous as it puts the company on a better position to acquire loans in future (Klein, O’Brien, & Peters, 2002). Equity investment may sound good but it also means that the corporation has to give up