How would you go about developing a set of objectives for the organization you are analyzing in
your Senior Projects?
Solution
In order to develop realistic, achievable as well as aspirational objectives for any firm it is
always important to study the broad corporate objectives and strategy of the firm. It is important
to know about the strategic positioning of the firm and also its long term vision with regards to
its position in the market, introduction of any new product or staring a new segment which
would help in setting objectives.
It would also be pertinent to benchmark its performance in terms of financial and operational
metrics with other firms in the industry and set a goal for the important metrics. That way the
firm can assess its current situation as far as those metrics are concerned and then set an
objective to improve its performance through goal setting and in line with its long term strategy
to improve further..
Andreas Schleicher presents at the launch of What does child empowerment mean...
Identify and explain the elements of transformational leadership..pdf
1. Identify and explain the elements of transformational leadership.
Solution
Elements of Transformational Leadership.
There are four elements of transformational leadership
In this leader serves as a positive role model and display a charismatic personality which
influences others to become more like them. Transformational leader’s take risks and follow a
core set of values, convictions and ethical principles in the actions. Because of his idealized
influence the leader builds trust among his followers and thus followers develop confidence in
their leader.
2. Inspirational Motivation
The second element is InspirationalMotivation in which transformational leaders combine with
Idealized Influence have the ability to inspire and motivate followers. This transformational
leadership requires superb communication skills continued optimism, enthusiasm and ability to
point out the positive as the leader convey his messages with precision, and a sense of authority.
3. Intellectual Stimulation
Transformational leadership values creativity and the leader challenges followers to be
innovative and creative by involving them in the decision-making process and encourage them to
be as creative and innovative to identify solutions.
4. Individualized Consideration
Individualized Considerationis where in which transformational leaders demonstrate genuine
concern for the needs and feelings of their followers, each follower or group member have
different needs and desires. For example, some are motivated by money while others by change
and excitement. Through eavesdropping or observation, leader must recognize and determine,
what motivates an individual. This can be done through one-on-one coaching and mentoring,
these leaders provide opportunities for customized training sessions their team member. The
personal attention to each follower is the key element to bring out their very best efforts, and in
developing the follower’s leadership potential
.