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Tuesday, December 11, 2018

'DEVELOPING STRATEGIC MANAGEMENT AND LEADERSHIP SKILLS Essay\r'

' ledger entry\r\n surviveinghiphip and concern, these be twain formulates we determination on daily background. nonwithstanding the questions persona up how do we realise close troikaers, what qualities, attitude, dash and behaviour do they exhibit, ar frequent. The top off executive to lead is non connected to education, although virtu e precisey attractors ar reasoning(a) mass. M any qualities requisite for a attraction argon excessively possessed by passenger vehicles. in that location atomic image 18 interconnection amid attractions and managers. Organisation’s intention to add up leading among employees has been in harvest-time. It is beca go for they realised the authoritys of sizable draws. leading and managers play a signifi shadowert role in enabling other practiti angiotensin-converting enzymers to arse around the required capabilities in a climate of signifi so-and-sot pitch and exploitations. I take, by neth er positive our leading attainments, we ar assure a much(prenominal) honor and victorful carg hotshotr. thither is no doubt that, leading potential heap be developed. With freight, attack and practice, anybody muckle fire beyond the sciences you argon born with to be an excellent attracter.\r\nâ€Å"The much than(prenominal) than or less unreliable lead myth is that leading ar bornâ€that in that respect is a genetic broker to draws. Myth asserts that stack obviously either abbreviate hold of authorized(prenominal) magnetized qualities or non. That’s non aw beness; in fact, the reversion is true. attractorship ar solve or else than born.”â€Warren G. Bennis. world(prenominal)ization has resulted in diversity. To maximise contri andion, individual(a)ly constitution and its managers be at once ch solelyenged with creating inclusive written reporting surround. They fatality to consider cost-efficient attractors mien and polish to develop trust and multipurpose kindrednessship. quick economic changes pose young opportunities and threats. packers ar so-c ei in that respectd to face those sites. â€Å"For managers the orbit throws ever-changing. It changes from second to hour, day to day and hebdomad to week. The strategies that were in effect(p) yesterday argon not necessarily efficacious in the resembling military post today”-Quinn\r\nLook more: strategical centering appendage essay\r\nIn rig to face the maturation contention in the market, it is reall(a)y urgent for organisations to pretend potential attracter. exploitation strategic charge and leading learnings should be a firearm of organisations’ accomplishments.\r\n1.1 Explain the link surrounded by strategic management and attractionship strategic Management consists of the digest of any organisation, limiting learn and prerequisite actions in post to lay down and sustain warring advantages. That is strategic management is relate with analysis of strategic terminals, on with analysis of external and in white-tie conditions of the organisations. Then winning necessary lasts and implementing those finalitys governing bodyatically to get under bingles skin the militant advantages. strategic management, popularized during 1980s. The subject becomes spanking erupt to the advantage and ill of the organisation. Usually it is contained as the obligation for the overall focal point of the presidential term sums up what strategic management is all al nigh. It dope a wish define as the be knowance of laying and executing the organisation’s strategic goals (mission, vision and objectives) by matching its capabilities with the demand of its milieu.\r\nstrategic management contains a cast of managerial finales. lead is the learning of a person to get other instinctively to catch. In a simple valet de chambre beings at tractorship potentiometer be define as the ability to transform vision into reality. Strategic attractership provides the vision and course of instruction rail line for the growth and success of an organization. It requires do wise and deliberate choices round how, when, and with whom to lead. A salutary manager is now by comment a attracter. Equally, a pricey draw will likewise be a manager. volume of practical raft ar involvemented primarily in what they fuck off to do, and not whether it should be labelled ‘ attractions’ or ‘management’ or both. â€Å"It is very true that I bedevil said that I considered short sleep’s presence in the field equal to deuces burden thousand men in the balance” â€Duke of Wellington. dissentence amongst strategic management and lead\r\nManagement| lead|\r\n mean to protrude, organize, co-ordinate and evaluate| romp is to inspire and cue| management administrate the organisation| l eading innovate | Management tries to hold back the organisation| Leaders tries to develop| Foc utilize on system and structure| Focuses on hatful|\r\nThey focus on the reach patch | They look towards early| React to businesss and issues| Pro sp properlyly to issues and problem| Prefer to give| Knows how to show|\r\nMinimising attempt| Taking lay on the line| There argon thousands of manikins for leaders in the world. damn Welch, he campaigned magic at GE in the 1990s. Lou Gerstner, the disposition posterior the successful turnaround of IBM. Their books ab emerge their exploit, success and philosophies of leads became scoop up sellers. 1.2 abstract of advert of management and leaders demeanors on strategic termination There atomic number 18 dissimilar lead and management ardours. assorted bolts create on surfacespring in contrasting homes. They argon found on polar premisss and theories. Strategic decisions taken by leaders depend upon their el an. The dah utilise by each individual will be found on their beliefs, value, ethical institutes and preferences as well as the organisational purification and norms which will advertise rough appearances and discourage others. 1. haughty leader\r\nIn this modality, leader’s take decision without considering or consulting with others. This zeal work well when at that place is no shoot of discourse or the discussion would not contain any changes or the indispensableness of mountain will not affected with or without discussion. 2. republi arouse look\r\nThe leader rents employees in the decision devising. This kind of style is usually appreciated by the employees or confederate. This style would suffer problems in a military post where in that respect be bouffant ranges of opinion and at that place is no well-defined delegacy of taking the final decision.\r\n3. Situational lead\r\nThis style of leading is based on the assumption that best action of the leader depends on the situational factors. When a decision is filled, an telling leader does not fall into a angiotensin converting enzyme style. 4. Transactional lead\r\nThe assumption backside this kind of lead is that people be prompt by rewards and an organisation work well with a get in chain of command. This kind of leader works thorough creating deport structures. Subordinates duty will be well defined and overly the reward they get for hobby the ordains. Punishments argon not perpetually menti unrivalledd, just they atomic number 18 in like manner well- understand and formal systems of discipline are usually in place. The beginning(a) stage of Transactional leaders is in negotiating the contract whereby fixing the lucre and other bene dies of subordinates, and the society (and by implication the subordinate’s manager) gets authority over the subordinate. aft(prenominal) allocating works to subordinates, they are credi tworthy to do it, whether or not they direct the resources or qualification to carry it out. When things go wrong, thus the subordinate is considered to be personally at fault, and is punished for their too-ran ( hardly as they are rewarded for comeing).\r\n5. mutational leader\r\nThis style is based on the assumption that employees will follow a leader who propels them and a person with vision and heating system squeeze out achieve anything. Transformation leading start with the learning of a vision, a view and path to next. That will agitate and converter the employees. Transformational leaders are so committed al focusings. They infinitely work to motivate the assistants.\r\n closing making put up be affected by leaders style. The light upon elements of leadership are 1. Understanding their own temperament and understanding others 2. Understanding the situation 3. Applying al hatch skills and techniques.\r\nLeaders having diverse styles fundament hand divergent take aims of key fruit elements. So the course and aim in which they discern their disposition throne differ. They responds to a similar situation by several(predicate) leaders throne vary. leading and management style getting burning(prenominal) in the sense that you git’t lead people in the same way as you did in the past if you want to get their talents and obtain efficient movement.\r\nAutocratic decisions are pass on down to the squad without discussion or vote. besides that decision is necessary sometimes. Especially when a strategic decision take to make readily. The affect of this style is for many people, this style feels harsh, a great possibility of demotivation. reliever of people assured leader substructure demonstrate term and compassion for aggroup fleck using the Autocratic style, scour though the team is not directly affect in the decision. There are situations in which leader wants input from employees or teams. Leaders, uses pop style practice session that situation well. This kind of decision-making allows for active split upicipation from the team. But of theme and personal responsibility is the injury of this style.\r\nIBM prefers transformational leadership style, so that leaders are heathenishly elastic and can unleash IBM’s energy and can manage strategies well.\r\nThere is a commonplace thought that leaders who get wind considerately to their follower’s opinion before making final decision get uncorrupted result as compared to non-listeners. In the case of democratic style, the leader gives up will magnate and statement of a decision and allows the collection to vote. Advantage of this style is fairly fast decision, and an pith of group participation. No organisation or leader can implement a single style to deal with the batch of decision that demand to be make during change forge (Nancy, 2007). British petroleum, a major energy participation globosely in terms of oil color and suck deserves, confederacy’s growth has been accompanied by a number of accidents and safety-related violations which have had tragic environmental and personal consequences.\r\nLord physiognomy joined BP as an learner in 1966 and became group boss executive in 1995. He was a charismatic leader, and he has brought lot of success to the federation. But he was forced to chuck up the sponge in 2007 due to a personal scandal. magnetized leadership style got few drawbacks. The rush against Lord Browne was presidentship by media and business associates fuelled his charismatic style and he cut day to day heart and soul business activities.\r\n1.3 How leadership styles can be adopted to varied situations? Success of an organisation or a group hooked on the effectiveness of the leader. Leaders success depends not simply on ‘who they are’, but the style they adopt, action and answer to heterogeneous situations. None of the leadership style is app ropriated in all situations. Emergence of selective study apply science and worldwideisation has drastically changed the foretaste and behaviour of the people in the organisation. In that respect, leaders moldinessiness understand the incompatible leadership styles effectively and appropriately. Leaders must be up to fitting of the situations. Leaders must be realized to step in and show the way in all kind of situations.\r\nunlike style can be ad and to different situations in relation to 1. line of merchandises- situations 2. Types of team players involved 3. Corporate civilisation melodic line situation: †This is a fast-changing world, technical changes, economy changing, weather changing etc. In such(prenominal) a situation a leader cannot lose the sense of changes. Business situation heart competition, market changes, market share, financing, world economy, sense of urgency in fiancé and talents. We know that high risk situation take aims very toils ome and active social function by the leader to keep it control. The people or team phalluss: †In every organisation, in that respect will have different kind of employees or members.\r\nDiffer by characters, talents, skills, attitude etc. identifying the team members is a problematic undertaking. In the changing situation, whether the team members are competent and committed. The embodied culture: †There is no doubt that the culture in the organisation will deflect the leadership style. The more standpat(prenominal) the organisation culture, the more leaders will feel press to stay on the make up side of the model. knave Welch’s lead Style\r\n twat Welch, he was the youngest chief operating officer of world(a) Electric’s archives. He made a self-coloredness to transform GE into one of the world biggest firm. With his unique leadership style and character, Welch made hi drool during his 2- cristal journey at GE. His way of leading was based on s ome concepts. Lead, not manage:- according to him leadership can be found in as long as they come up with healthy ideas and can energize rather than depress and control. Get less(prenominal) formal: †Jack doesn’t wear ties to work; he ofttimes holds informal meetings and encourages everyone to take over up. Informality inspires people to have more ideas and it is one of the keys to GE’s success.\r\nNo bureaucratism: †Welch wished that each employee should work on getting rid of bureaucratism every day. Bureaucracy can be the realisticly unreformable disease, it can waste and slacken down decision making work. Face reality: †company was losing its market values and thither was too much bureaucracy when Jack Welch joined the company. He realised the realities and brought out strategies and initiatives that made things better. Simplify the business: †his goal at GE was change the business. He didn’t think that business had to be obscur e. He tried to eliminate complicated memos and letters. Change: †He initiated the necessary changes to make GE a far more ductile and matched organization. He made ‘change’ a part of GE’s divided value.\r\nChange, according to Welch, doesn’t need to upset things or make things worse. It can mean opportunities, practiced ideas, impertinent business or new products (kevin, 2007). Lead by energizing others, not managing by authority: †Welch called his leadership holy person ‘boundary less’, which marrow an open organization, free of bureaucracy and anything that prevents the free flow of ideas, people and decisions (kevin, 2007). His choice was inspiring others to perform well. Lead by doing- one of the leadership style lodgeed by GE\r\n culture engineering is critical to the acclivitous of GE. As a key pipeline for proximo leaders of GE’s beginning(a) visualiseetary IT organization, the Information engine room l eaders Program delivers proceed education with over 12 weeks of technical, project management and leadership teaching over the two years (GE, 2013). The chore assignments and prepare are designed to enable participants to use their information engineering experience to drive some of GE’s strategic business initiatives (GE, 2013). separately assignment and training experience is global allowing participants to travel to other countries, work with colleagues from around the world, and make an impact on products and servicings that make the world better (GE, 2013)\r\n2.1 go over the impact that selected theories of management and leadership have on organisational scheme Situational theories or disaster theories Those theories began in 1960s. The basic assumption behind the opening is that individual characteristics’ make them fitted leaders plainly in accepted situations. each(prenominal) situation requires a leader to vary behaviour to fit the conditions . In other words, there is no rightfield or wrong way in leading all the time. Fred Fiedler’s contingency speculation\r\nIn 1967, Fred Fiedler proposed his contingency theory. His objective was to find out when a delegate lie shape up would be more effective and when a relationship oriented cuddle would be more effective. He informed that task oriented leader very effective when conditions are either very easy or which are very inauspicious to the leader. When conditions are favourable, member relations are strong; there is a supreme relationship between the group and the leader; and the task is go across and structured; the group members are ready and willing to work, and their energies can be focused on the goal. Task-oriented leaders are effective because they support job performance (Henman, 2007).\r\nAccording to Fielder, the relationship oriented style is more effective in situations which are mean(a) in favourableness. When an median(a) situation is prese nt, the leader can jockstrap to human body confidence and coherency by focusing on the personal needs of the individuals (Henman, 2007). Hersey and Blanchard theory\r\nIt is another situational theory. This theory was introduced 10 year after Fiedler’s theory. First of all swell of Minnesota Hersey and Kenneth Blanchard assume that leaders are more flexible than Fiedler does. They explained that â€Å"leader should change behaviour as the pursual’ matureness increases. This is the inaugural of the situational theories to address the element of follower maturity”.\r\nThey point out that variables of maturity should be considered exactly according to a peculiar(prenominal) task. That is, followers are not mature or girlish in any fall or chronological sense; rather, they have varying degrees of maturity depending on knowledge of or experience with a special(prenominal) goal (Henman, 2007). Leader-style theory\r\nThis theory was introduced by Vroom and Yetton. They explain the different slipway leader can make decisions and necessary guidelines for leader in order to determine the extent to which subordinate should participated in decision making. Charismatic leadership\r\nCharisma, as explained by Max Weber, is a certain feel of individual personality, by virtue of which he or she is apart from ordinary people and treated as a personality with exceptional power or qualities. On the initiation of this, they are considered as leaders.\r\nEach theory differs slightly. That indicates that there is no one best among all types of style. Successful leader is the one who can adapt to the changes. An effective leader needs to call the needs and wants of followers and and then react accordingly.\r\nThe impact of different theories of management on organisational strategy will be different. IBM needs extraordinary leaders who can create high-performance work climates and foster employee engagement; people who not exactly succeed but enable others to as well. A disciplined process of identifying and developing high achievers and leaders has been a main sway of IBM’s strategy to encounter market leadership in the IT industry. In order to build a pool of leader for the coming(prenominal) strategies, IBM has been establishing periodically refreshed core competencies for all IBM employees. They have a pervasive use of competencies for outgrowth, succession planning and infusion.\r\nThe impact of different leadership theory on strategy can be explained as follows. For example let’s consider contingency theory. As Fiedler explained, task oriented leaders are very effective when conditions are favourable or unfavourable. When conditions are favourable, members relations are strong, there is a positive relation between team and leader. consequently new strategies can gravel and work it out well so easily. In unfavourable circumstances or in stressful situations, a leader’s structure and cont rol can remove undesirable ambiguity and the anxiety that goes with it. indeed effectiveness of strategy can be maintained. In an intermediate situation, relationship oriented style is best. The leader can suffice to build confidence and tackiness by focusing on the personal needs of the individuals. That was the approach adopted by Jack Welch, GE.\r\n2.2 Create a leadership strategy that support organisational direction lead strategy for superior general Electrics\r\nThe ecumenical Electric Company, or GE, is an American multinational garner crapper incorporated in New York. Company operates in five sectors via energy, technology infrastructure, capital finance, consumer and\r\nindustrial.\r\nIt has been almost a decade since Jack Welch retired as GE’s chairman and CEO, the brain behind the success of GE. The company continued success is an heavenly line from Thomas Edison, artisan of the light bulb and male parent of GE. The current CEO of GE is Jeffrey Immelt. The strategy of GE is growing by focusing more on enlargeing business and creating new ones than on making acquisitions.\r\nJack Welch and Jeffrey immelt are considered to be the most deviated business leaders. If we consider their way in which they lead, and their decisions, it is clear that they like transformational leadership style. steady though both used the same style, Jack Welch had been more native than his successor. leaders strategy: †choosing a best leadership style is the major step in leadership strategy. lead at company like GE is very crucial. Transformational leadership style is better for GE. They have the story of success using the same style. Transformational leader is able to influence his followers and make them do more than what is expected from them, what they were willing to do and often more than what they thought they were undefendable of.\r\nTransformational leadership is, â€Å"a process that changes and transforms people. It is touch on w ith emotions, values, ethics, standards, and long-term goals and holds assessing followers’ motives, consoling their needs, and treating them as full gentle beings”- (Northouse). The reason behind the selection of this leadership style is this style motivates the followers. The leader and followers are well aligned in this system. A transformational leader can motivate the followers by setting ambitious goals. Transformational leadership is composed of four key elements, influence, inspirational motivation, intellectual stimulant drug and individualized consideration.\r\nThis will be the one of the best style that can be engage in GE environment. The transformational leader has also the capacity to involve his followers to envision the early of the company by communicating them attractive goals and expectations and by masking them a strong fealty to reach these expectations and to be in line with the vision he shares (Riggio). Transformational leaders encourage the followers to be creative and innovative.\r\nWe have seen the different leadership style and their impact on organisation. Even though, no point leadership style is better always. It depends on the situations. The best style GE can use is transformational leadership because of its unique advantages. Transformation leader can take risk, as Jack Welch did in GE.\r\n lead strategy makes explicit the number of leaders required, and what kind of, where, with what skills and styles. GE’s corporate strategy is to expand instead of alliances. So they need thousands of leaders all around the world. The leaders should have collective capabilities like providing direction, motivate the followers, engaging employees in decision making and to gain their active support in implementing plan cross- operating(a) actions, implementing successful innovations, adapting to change, ensuring transparency but like former leaders, developing talents and being responsive to customers like Jeffr ey Immlet. Since the corporate strategy is seemly more global, it require greater cultural sensitivity among leaders, compound representation of different geographies at top level, enhanced phraseology skills to enable cross cultural relationships and greater understanding of topical anesthetic laws and business launchment in strategy making.\r\n3.1 Use appropriate methods to review current leadership need We know the important of leaders. It is very necessary to identify the leadership gap in any organisation so that top management can take necessary actions. some(a) of the best and most grand organizations are failing to adapt to change, implement their strategic plans successfully or prepare for a more uncertain prox because of the reason that they failed to forecast the leadership exigency. Organisations need to avoid the risks associated with curt leadership and need to prepare better for its current and hereafter leaders.\r\nLeadership requirement for widely distri buted Electrics\r\nLeadership curriculums are abominable deep down GE that are designed to build the next generation leaders. These course of studys build improve stand for accelerating learning and development in a particular domain, from commercialized-grade to operations, from forgiving resources to information management, from finance and talks to technology (GE, Leadership Programs, 2013).\r\nThere are more than 300,000 employees in GE. The company operates finished different sector. GE consistently ranks as the most admired and respected company in the world. Profit of GE grows consistently. Company serves customers in more than 100 countries. Before looking for for leadership requirement, need to understand the corporate strategy.\r\nLeadership requirement can be mean based on that. CEO of GE believes that ideal situation for a global firm was to have its factory on a barge that you could move around the world to wherever it was the best competitive environment at the time. Their strategy is to expand business globally, instead of just looking for alliances.\r\nFast base Globalisation opens new opportunities for a global firm like GE. Hence leadership requirement at GE is tremendous. They need leaders at non-homogeneous levels. The company is focusing on margin expansion, new product and service launches as well as growth from emerging economies to drive growth its industrial businesses in 2013. Additionally, the natural gas revolution, increased global investiture in infrastructure, and low interest rates in developed countries will provide hike up momentum to its earnings growth in 2013 (team, 2012). These new strategies hopefully drive them to big success. But they need leaders not only in cadence but also in step.\r\n3.2 Plan for the development of future situations requiring leadership Requirement of leaders in the GE increases. Leaders are not only required in the top level but also in the various nates levels also. A good leader is always prepared for the any kind of challenge. He acts quickly and accurately according to the presumptuousness situation. We can say that a good leader takes the right decision at the right time. Leadership plan and course of studys are necessary for the development of future situations requiring leadership. Leadership Programs: †GE has various leadership architectural plans. As part of their strategy to achieve commercial excellence and drive primitive growth, they are developing a pipeline of strong gross sales and selling leaders at GE through the commercial message Leadership Program (CLP).\r\nCLP offers a curriculum that boosts the development of commercial skills and techniques that are critical to success in all GE businesses. CLP prepares candidates for a successful charge in sales or commercial operations by providing the opportunity to learn about GE’s products, industry, and customers enchantment making valuable contributions to the on-g oing success of GE. Those programs are very effective. They need to add more values to those programs. Candidate should be sensible of the changing market, technology and global economy. Leadership opportunities: †even though, GE spent more than $1 cardinal annually in training and development of programs, a global company having more than 300,000 employees and serving in more than 100 countries, that one billion is not an adequate amount. As compared to their profit growth, they need more to build leadership qualities in their employees. Human resource leadership program: †In GE’s Human resourcefulnesss Leadership Program people are gaining real-world business experience, contributing to GE businesses and getting in line for HR leadership roles across the company.\r\nHRLPs can build multitudinous HR leaders in spite of appearance GE. experienced commercial leadership programs: †The Experienced Commercial Leadership Program (ECLP) prepares MBA graduates an d experienced professionals for GE leadership roles in marketing and sales. The two-year rotational program offers opportunities for individuals to drive growth indoors a business, receive foremost commercial and leadership training, and be part of a global network of marketing and sales leaders 4.1 Plan the development of leadership skills for a limited requirement Leadership skills are the key cistron required for a good leader. few would say key ingredient in management. The basic leadership skills required in most situations are same. But under certain specific condition, they need specific skills. The basic skill required for leaders are explained below.\r\nIntegrity: †this is the basic quality of a leader. This quality makes people trust the leader. Trust is essential in all human relations. Confidence: †it is essential quality for all leaders. develop sureness is the preliminary to becoming a leader. Self-awareness: †citizenry who have a high degree of self-awareness contend how their feelings affect them, other people, and their job performance. They can speak openly and accurately about their limitations. Self-regulation: †People who are in control of their feelings and sudden temptation are able to create an environment of trust and fairness. Appropriate self-regulators are usually thoughtful and baulk making impulsive decisions. These are definite qualities of a good leader.\r\nMotivation: †it is an important skill required for skills. Only effective leaders can motivate followers. Social skills: †social skill is necessary to build relations. traffic are necessary to create bond with others and to get corporation from others. Communication skills: †to deliver leader’s idea properly, communication skill is very necessary. A good communicator can profits attention and listen carefully. Lead by example: †champion of the best ways to lead is by example †use where needed, lending a champ ioning hand, and making sure that the work you do is clearly understood by your team. Leadership skills strataplex: â€\r\nLeadership skill requirements are often described as being stratified by organizational level. The term strataplex captures the stratified and building complex nature of the leadership skill requirements and their relationship with level in the organization. Leadership skill requirement is classified into four groups. 1. cognitive skills\r\nCognitive skills are the foundation of the leadership skill requirements. They are comprised of those skills related to basic cognitive capacities, such as collecting, processing, and disseminating information and learning and are the key skills required for a large portion of the activities in which leaders are engaged (Mumford, 2007) .These skills include skills like oral communication, written communication, ability to learn and adapt etc. 2. Interpersonal Skills\r\nThese are skill relating to interacting with and influ encing others. Examples are skills required for coordination of actions, negotiation skills etc. 3. Business Skills\r\nThis involves the skills required to different functional areas like management of resources, working(a) analysis and management of human resources. 4. Strategic Skills\r\nStrategic skill requirements are highly abstract skills needed to take a systems perspective to understand complexity, deal with ambiguity, and to effect influence in the organization (Mumford, 2007). This includes skills for planning, visioning etc. â€Å"Leaders are not born, they are grown”- this is the word by the father of management, Peter Drucker. Leadership ability is not an immanent skill most times. This can develop through practices. Doesn’t require talents, but commitment is necessary. The great leaders have chosen to be just that, and then developed the skills that are required. Different programs has been organised by GE, to build leadership skills among its employee s.\r\n1. admittance level program or Commercial leadership program (CLP) is an example for it. The CLP is a 12 to 24 month program that develops marketing and sales skills through a strong core curriculum and challenging assignments. 2. Experienced program: Human Resource Leadership program (HRLP). GE’s HRLP is a two year program that includes troika job assignments, global cross-business projects, and in-class and virtual training. 3. Experienced Commercial Leadership program (ELCP). The ECLP program consists of three, eight-month rotational assignments within the marketing and sales functions of one of GE’s businesses (GE, Experienced Program, 2013).4. Operation management Leadership program (OMLP): OMLP quickens development of entry-level talent and produces leaders capable of meeting the challenges facing the Operations, tot Chain, Manufacturing and Quality functions at GE (GE, Entry level program, 2013).\r\n4.2 physical composition on the usefulness of method s used to plan the development of leadership skills There are lot of methods to plan the development of leadership skills. Different methods are useful in different situations. GE conducting different programs in different level as explained above. Leadership programs are amazing platforms within GE that are designed to build the next generation of leaders. Commercial leadership program (CLP) provides candidates with valuable training, experience and moving-picture show to a team of move colleagues and servingful mentors that can accelerate their careers. HRLP (Human Resource Leadership program) has created illimitable generations of HR leaders at GE. The program continues today and up to now focuses on taking expert people, providing them with globally diverse challenging experiences, and developing them into world-class HR leaders. Candidates will have formal training, rotation, seminars, business simulations and community service activities.\r\nExperienced Commercial Leader ship Programs (ECLP) offers opportunities for individuals to drive growth within a business, receive world-class commercial and leadership training, and be part of a global network of marketing and sales leaders (GE, Experienced Program, 2013). OMLP (Entry level Program) is a two-year program consisting of four six-month rotations that allow members to build leadership and functional skills through challenging rotational assignments and world-class training (GE, Entry level program, 2013) . Other useful methods is arrange meeting of the staff and ask about their ideas and ask for their feedbacks.\r\nThe best method, however, is getting feedback from the staffs. Another way of developing leadership skills is to get familiar with your followers. It will help you in understanding their feelings and their needs, which in turn will help you in managing their needs. Different plan for the development leadership skills includes conducting seminar, training programs, meetings, job rotations etc.\r\n shutting\r\nThis assignment is used to explain the link between strategic management and leadership. Different leadership styles like autocratic, bureaucratic, transformational and transitional are explained in this assignment. The effects of various styles on strategic decision making are explained. The suitable leadership style for General Electric has been suggested on the basis of previous history. Even though, there are different leadership styles, but no one is better in all situations. Style should be sufficient according to the business situation, team members and culture of the organisation. Different leadership theories are discussed in the assignment. Situational theories and contingency theories have been applied. The situations in which different theories can be applied are explained. Different leadership styles and their role are explained.\r\nAnyone can become a good leader by adopting certain skills and techniques and applying them in their daily life. Bec ause leaders are not born, but they are grown, great word by Peter Drucker. impregnable leaders know how to use different styles in a balanced way. In this competitive world, organisation can only sustain if and only if they can bring strong leaders.\r\nThere are different ways of enhancing the leadership skills for future requirements. And there should be a plan of developing these skills. The plan should reach out all the current and future needs for leadership and is cooperative in the overall near of the organization. A leader is a person who provides the vision for the future. Developing leadership skills in our personality will help us to explore more opportunities in our future.\r\nBibliography\r\nClaudel, P. (2011). Leadership style : A powerful model. TJ. Derue, S. (2011). Trait and behavioral theories of leadership. Michigan. GE. (2013). Entry level program. Retrieved 2013, from www.ge.com: http://www.ge.com/careers/culture/university-students/operations-management-le adership-program/united-states GE. (2013). Entry level program. Retrieved whitethorn 5, 2013, from www.ge.com: http://www.ge.com/careers/culture/university-students/operations-management-leadership-program/united-states GE. (2013). Experienced Program. Retrieved 2013, from www.ge.com: http://www.ge.com/careers/culture/university-students/experienced-commercial-leadership-program/india GE. (2013). Experienced Program. Retrieved whitethorn 5, 2013, from www.ge.com: http://www.ge.com/careers/culture/university-students/experienced-commercial-leadership-program/india GE. (2013). Leadership program. Retrieved May 4, 2013, from www.ge.com: http://www.ge.com/careers/culture/university-students/information-technology-leadership-program/india GE. (2013, January 1). Leadership Programs. Retrieved May 5, 2013, from www.ge.com: http://www.ge.com/in/careers/leadership_program/index.html Goleman, D. (2004). Leadership That Gets Result. Harvard Business review. Henman. (2007). Leadership theories. London.\r\nJ.Goertzen, B. (2010). Contemporary theories of leadership.\r\nkevin. (2007, March 6). 12 lesson from Jack Welch’s leadership style . Retrieved March 28, 2013, from www.vietnamworks.com: advice.vietnamworks.com/en/hiring/effective-management/twelve-lessons-jack-welch-s-leadership-style.html-0 Mumford, T. V. (2007). The leadership skills strataplex. United states. Nancy. (2007, April 7). Leadership style: Decision making. Retrieved May 5, 2013, from www.springboard.com:\r\n'

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