Order from us for quality, customized work in due time of your choice.
The company has recorded great success in a period of fifteen years. While under the leadership of Max Blue as the companys founder as well as chairman of the Board. He played a significant role in the production of the services and goods which led to the companys success. Most people described his type of leadership as being autocratic. However, while this style has proven effective in the early years, it has not been as quite effective in other times. For instance, it has not been effective in the companys adaptation. Currently, the firm is lesser adapted in the contemporary market. It is imperative that the business chooses an appropriate leadership style which adequately prepares the employees to counter challenges boldly and certainly (Gray, & Larson, 2014). Currently, the autocratic leadership style has lead to reduced self-efficacy of the employees. Mr. Willis, the VP, is experiencing inability in developing a consensus. This, coupled with reduced adaptability, the company had to establish a reactive management orientation. This lead to the need to align the autocratic leadership style with the enterprises vision and goals.
The company has experienced numerous internal and external developments which have facilitated the need to implement a transformational and immediate set of initiatives. The firms managerial style and historical structure were known to encourage self-protection and to satisfice. However, the company is facing the problem where the vice presidents are not able to engage in the pricing issues. This avoidance and detachment have led to a poor motivational climate. These negative attitudes among the staff is a result of the firms lengthy staff tenure and placement of the vice presidents under different divisions. Currently, the company lacks a coercive vision or goal and is less adaptable to changes. As such, it is similar to a ship which has no captain (Gray, & Larson, 2014).
Managerial effectiveness may be measured based on the ability of managers to attain the organizational goals. It is high time that the company initiates having strategic planning and meetings which were not there while Max Blue was the CEO. These meetings should be meant to establish the firm,s mission and vision as well as clearly define the organizational goals. With regards to decision making, the company does not clearly ascertain the role of its vice presidents. While abdicating roles were effective while Max was there, it may nit be the same with Mr. Willis who has so far proven to be rather participative. Currently, the company finds it difficult and challenging to make decisions it is imperative for the company to institute reliance among its divisions (Gray, & Larson, 2014). Also, it should also enhance the manner in which information is shared and communication efficiency.
The company should also make structural changes which should be put in place once there is a mission, vision, and goals. Such a move will mark the beginning of a coercive strategy. Also, the contemporary retirement packages ought to be employed as incentives in motivating the senior staff (Meredith, & Mantel, 2012). The strategy to restore the companys success is geared towards restructuring the organization. It should focus on setting firm and clear vision, mission, and goals. Also, the company should also focus on empowering its employees and enhance its decision-making process. The achievements of the firm can be measured based on the rewards brought forth by the changes (Gray, & Larson, 2014).
References
Gray, C. F., & Larson, E. W. (2014). Project management: The managerial process, 6TH Edition. McGraw Hill Publishing.
Meredith, J. R., & Mantel, S. J. (2012). Project management: A managerial approach. Hoboken, NJ: Wiley.
Order from us for quality, customized work in due time of your choice.