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fuck this aos. I'm gonna do DP2 as its own thing bc it's scaring me how big it is
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leadership
the skill of a manager to influence and motivate employees towards the achievement of business objectives
Hemerling’s theory of leadership through change
inspire through purpose
go all in
give people what they need to succeed
instil a culture of continuous learning
demonstrate directive yet inclusive leadership
corporate culture
the shared values and beliefs of people within a business
official corporate culture
the set of values and beliefs that the business wishes to establish
formal written expressions and is visible
real corporate culture
the actual or prevailing valuese and beliefs of a business
refers to the real relationships and interactions between people in the business
strategies to develop corporate culture
changing management styles
business policies
preserving stories, narratives, and rituals
changing management styles
businesses may choose to incorporate more decentralised decision making or two way communication
business policies
a written statement of processes, procedures, rules, and regulations
helps maintain consistent and expected behaviours
perserving stories, narratives and success setories
tell stories about heroes and success stories
celebrate events such as birthdays
host social events
Senge’s learning organisation
where people continually expand their capacity to create the results they truly desire, where new and expansive patterns of thinking are nurtured, where collective aspiration is set free, and where people are continually learning to see the whole together
the five principles of learning organisation
systems thinking
personal mastery
mental models
building shared vision
team learning
acrostic → Maddy Stopped Business To Play
systems thinking
involves the manager seeing the entire organisation rather than small segments
analysing the relationships that exist within an organisation
personal mastery
where individuals within the business undertake continual learning towards their personal vision
mental models
deeply entrenched assumptions, generalisations and images of how people understand the world
people within an organisation should challenge any entrenched mental models
building shared vision
creating a ‘shared picture of the future’ that all people within the business believe in
visions should come from a range of people and not just the leader
team learning
the process of aligning and developing the capacities of a team to create the results its members truly desire
advantages of Senge
organisations become more flexible, adaptive, and productive in times of change
creates a culture where people are driven to learn and improve
increases creative thinking, innovation and hence business productivty and competitiveness
employee motivation and skills increase
disadvtanges of Senge
requires cultural change, which can take time
large businesses can struggle to share ideas and knowledge between all members
low risk strategies
participative approach to implementation of change, use of communiaction, empowerment, work groups, and support for those who are impacted
communication
process of creating and exchanging information between people that produces the required response
use two way communication
communication should be open and honest
adv of communication
employees understand the reason for the change and why it is necessary
employees are informed about the impact on them and they are kept up to date
disadv of communication
time consuming to organise staff meetings or communication
empowerment
giving employees permission to make limited decisions without having to consult superiors
decentralised decision making
allow employees to offer suggestions in the process of change
adv of empowerment
employees are more likely to be a driving force because of their involvement in change
better decisions and strategies can be generated with employee input
disadv of empowerment
employees may not have the skills or knowledge to meaningfully participate in decision making
it is time consuming
the eventual change might not be the change desired by management due to employees having different ideas
support
designed to show care, encouragement and acknowledge for employees’ work
adv of support
employees will feel more comfortable with the change
employees won’t feel insecurity and fear
inspires confidence in staff that they won’t be left behind by the change
disadv of support
time consuming
expensive to provide support services
incentives
inducement offered as a way to gain support for the change
needs to be seen as encouragement and not a bribe
adv of incentives
less resistence because employees have incentive not to resist
empowers employees and enhances their support
disadv of incentives
can be costly for the business
employees may feel they are being manipulated into the change
high risk strategies
autocratic approach to implementing change, involving the use of force, threats, and manipulation of situation
manipulation
where the business may provide selective information and not disclose the full impact of a particular change
managers may make the change sound more advantageous to employees than they really are
adv of manipulation
can get employees on board with the change quickly
doesn’t cose the business money
quick, easy and cheap
disadv of manipulation
if employees discover this has occurred, it could damage trust and relationship with management
decrease employees’ feelings of worth in the business
it can be considered deceptive and unethical
threats
forcing employees to embrace the change or risk negative consequences
adv of threat
employees may not resist change in fear of consequences
doesn’t cost money or resources
quick, easy, and cheap
disadv of threat
will harm the relationship bewteen management and employees
will negatively impact corporate culture
employees may resist by becoming unproductive or can start industrial action
three step change model (lewin)
unfreeze the current sitaution/status quo
change from the current to the new situation
refreeze the new situation and embed the change
step 1: unfreeze
breaking down the exisiting situation or status quo
steps include:
identifying what needs to change
creating urgency by demonstrating a need for change
challenging current beliefs that may resist change (restraining forces)
assisting people to unlearn their current behaviour
this is where force field analysis occurs
step 2: change
switch from current to the new desired state (with new processes and practices)
it is important that open communication and support is used in this stage
people should be empowered to take action
step 3: refreeze
ensure that the new behaviour and change are stabilised and reinforced
embedding the change into policies, procedures and culture
continuous support and training provided to employees
celebrate successes
ensures the new way of doing things is consolidated and the business does not revert to its old ways
corporate social responsible
the commitment by businesses to go above and beyond legal obligations to ensure they are acting in an ethical manner in relation to social, economic and environmental considerations
CSR and employees
most employees want to work for businesses that practise CSR
employees can contribute to their community through volunteer work
tasks and jobs may be modified due to CSR considerations, and may require training
new and better candidates may also consider CSR when applying to business
CSR and managers
managers want to work in a business that is contributing beyond profit and allows them to make an impact on others
during times of change (particularly with downsizing) managers need to ensure they maintain regular communication with employees
they should also consider consultative or participative management styles
CSR and customers
customers want to buy goods and receive services from a business that is contributing to society
businesses may experience improved revenue and profits due to their improved reputation
they should also consider the impacts on quality when altering products
CSR and community
there is an expectation that businesses will contribute to and improve the wellbeing of society
businesses need to consider the interests and opinions of the public, and examine ways to reduce waste and emissions to support greener tech
CSR and community
suppliers will often align with businesses they see as being socially responsible
businesses may also wish to work exclusively with local suppliers
relationships are likely to change when codes of conduct and other procedures are implemented
how to ensure change is successful
commit to the change
consider effect on people
ensure the skills and knowledge to execute are in place
reviewing KPIs to evaluate effectiveness of change
businesses use KPIs to evaluate their performance
this drives the business to implement changes
businesses then review KPI data to assess if changes have been successful
this allows businesses to continue on the same path or make modifications
importance of reviewing KPIs
can see if there are any trends emerging after change
a range of KPIs should be checked against projected plans and compared with competitors to get a holistic evaluation of change
KPI can be used as evidence for successful change