Leadership Essay Example | Topics and Well Written Essays - 1250 words - 5

Leadership - Essay Example Discipline thinking is important in minimizing strategic blunders as plans are thoroughly thought through. It promotes a system of self/ internal correction while at the same time enhancing clear modes of formulation and implementation of ideas. It enhances an organization’s self-discipline, self-monitoring and self-corrective thinking and apart from enhancing and effective and open communication within the organization, it enables effective interpretation of ideas leading to solid conclusions and solutions, testing them against relevant criteria and standards. Strategic thinking saves costs that may be incurred from poor decision making - capital that can be redirected towards further development (Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship, 2013). The organization has overtime exhibited disciplined thinking and behavior that has served to propel it to global heights. For example, the idea to establish offices worldwide has helped expand the market and consumer base to every corner of the world and boost its competitiveness. Also, the increased variety of goods and services offered such as loan and banking services, video game equipment, mobile phones, televisions, music and sound systems, clothing amongst others has seen to a capturing of millions of varied consumers on a global scale. Disciplined thinking is a process that can be enhanced in an organization by promoting and encouraging new ideas amongst workers and motivating employees to feel part and parcel of the organization. The workers must feel that the organization’s problems are their problems in order to be innovative and creative enough. Cases of ridicule of ideas and negative office gossip must be weeded out from the workplace and those who have seen their ideas fail or get rejected by the organization must be encouraged to soldier on and not throw in the towel as further innovations and ideas could offer a breakthrough and shape fortune of the organizatio n. Strategic thinking can further still be promoted by constituting idea sharing forums, seminars and suitable, convenient channels amongst all workers with enhanced open upward, downward and sideways communication for flow of ideas. Workers should be offered a conducive, calm and peaceful work atmosphere and their efforts and breakthroughs recognized through promotions, pay rises, employee of the duration awards, parties, trips and vacations fully catered for by the organization and so on. Positive deviance is

BUSINESS OUTLOOK REPORT for a food retailer of your choice but not to Essay

BUSINESS OUTLOOK REPORT for a food retailer of your choice but not to include Tesco - Essay Example ercent share is genuinely an accomplishment when taking into consideration that this type of business model has very high operating costs and with growth in convenience stores in the country that provide competitive threats to the chain. This report identifies long-run prospects for Sainsbury’s over the next five to ten years with an emphasis on specific trends in the external market that will likely serve as the drivers of change with the retailer and with the food sector. The report further provides an evaluation of whether Sainsbury’s is well-positioned for key changes in the external environment. Sainsbury was highly responsive in adapting to changing market conditions, especially as it pertains to consumer growth in ethical consumption. Ethical consumption is a type of consumer activism that dictates whether to boycott a product or make purchases based on consumer perceptions that the organisation offering the product maintains an ethical stance and set of ethical objectives and values (Grande 2007). Contemporary business research recognises that companies with the aforesaid ethical values and focus maintain higher profitability (Lys, Naughton and Wang 2013). As a result of recognising these trends, the company began adding what is referred to as Steering Committees that are involved at the highest level of governance in areas of assessing the firm’s commitment to corporate social responsibility, providing a quality and enjoyable place to work for employees, and even a climate change committee (Sainsbury 2011). All of the activities and strategies developed by the St eering Groups are highly publicised to ensure that consumers are drawn to the ethical framework of business practice provided by the company leadership. Having such a strong ethical set of values and beliefs also provides Sainsbury’s with minimised costs in relation to human resources. Companies that have very strong ethical cultures also have much less problems with employee turnover