Saturday, February 22, 2020

Role Of A Leader In Managing Crisis. Toyota case study Essay

Role Of A Leader In Managing Crisis. Toyota case study - Essay Example A leader’s primary role is to set the goals for the crisis management strategy which requires to be based on the organisation’s values. Leadership qualities are measured through the commitment involved in drafting crisis problem along with the firm’s top management. Further identifying the levels of problem related to crisis management will enable a leader to create a friendly and supportive environment in the organisation. The next step for the leader lies in identifying the team to lead the crisis management. The purpose of the team will be to identify the crisis in the organisation. The main role of the leadership here will lie in empowering the team and making the team competent to analyse the crisis by different components such as process, location, pressure, market place and industry (Goel, 2009, p. 247). The tertiary role of the leadership is to implement strategy leading to effective communication with both internal and external sources such as employees, stakeholders, partners, etc. Apart from this regular training to the employees regarding crisis management is another important aspect to measure the leadership attributes. External forces An organisation’s ability to identify external forces which can impact the internal environment of the organisation is an important mechanism related to crisis management. This requires the incorporation of scrutinising mechanism by the leadership to continuously analyse the external forces and convert them into values for the organisation and the members associated with it. ... Example: A hospital’s ability to foresee the impact of technology advancement and the ability to adopt the latest technology in its various departments can be adjudged as the modification in its internal atmosphere to convene the fundamental change in the external force related to technology (Porter-O’Grady & Malloch, 2010, p. 230). Internal forces Like external forces, the internal forces too have an impact on the organisation and its ability to adapt itself in the changing environment. It is important for the leadership to maintain a balance between work and process to be able to change the work mechanism as demanded by both internal and external forces. This concept of liveliness is very important for the leadership to understand the current dynamics of work. Example: Distribution channel of pharmacy, supply chain management of materials are the representatives of internal work structures and needs to change with the changing environment. Akio Toyoda’s respons e in related to the Toyota crisis can be examined in a more illustrated manner in the following manner: Dysfunctional organisation culture The leaders of Toyota are the main culprits as they are the ones responsible for the crisis. Akio Toyoda took the control of the organisation when it was not in best of shape; expert advice was often neglected over safety measures which ultimately had an impact on organisation. Crisis cannot always be spun Akio Toyoda made the mistake of taking the situation lightly and not paying much heed to the consequences. Instead of responding that the organisation is replacing the faulty parts and will keep doing the same in the near future, Akio Toyoda should have

Thursday, February 6, 2020

Market Reaction Paper Essay Example | Topics and Well Written Essays - 250 words

Market Reaction Paper - Essay Example I could see that all kinds of vegetables and meat products were available at this market with fair pricing policies. I visited the market twice to observe how its vendors work and perform their duties. Once I went there in the morning. Citarella market usually remains open from 10am to 6pm. I went there at 10am, right at the time and I could see the vendors were decorating their baskets with vegetables, fruits and other products. On the corner side of the market, a mini-bakery shop was full of rush. I could not even believe that this market is going to be crowded with people so early but it was. The people were mostly buying breakfast items from the mini-bakery. I loved to spend most of my time among the vendors who were raising their voices to attract the people for the purpose of selling their items. Then I left the market at 12pm and again came here at 4pm. Only two hours were left before this market could shut down. I decided to spend the two hours wandering into the adjoining streets. The market is surrounded by residential area so I could easily find various restaurants, houses and business buildings around. It was a nice time to spend at Citarella market and I loved the way its vendors and sellers deal with buyers. Mostly the buyers were Asians, as the market is situated in the hub of the town where Asians