Learning Outcome 1: Method to improve personal and professional skills required to achive strategic goals AC. 1.1: Skills required for effective strategic management In order to develop vision, mission and long term objectives for the company and make the entire organization aligned with these goals and objectives, there is a need for an effective strategic manager who is able to carry on all the functions sucessfully. In order to achieve long term objectives of the firms, the strategic manager acts
Being Globally Savvy is a Demanding Charge The global nature of business requires today's leaders to acquire knowledge of the company’s worldwide business structure and develop a deeper understanding of international business issues. Increasingly, senior leaders are engaged in transacting business and interacting with stakeholders across the globe, where practices & processes are different from their home country. They have direct or matrix reporting relationships which spread across the globe
towards achieving set goals and objectives (Ward,2017). A good leader must, therefore, be able to communicate these goals to his/her team in an effective way. A leader is an inspiration to his/her team. This means that through the process of communication he/she is able to spark new energy among employees or team. But, how does a person become a leader? Leadership is attained through various ways. Through election to the post, by a unanimous decision by members of a group, promotion to a post, vetting
Leadership Assessment John Maxwell said, “A leader is one who knows the way, goes the way, and shows the way.” Being a leader whether within an organization or not, one must possess certain qualities or attributes to succeed. An individual in such a position is relied upon not only to lead a group of people but to encourage, assist, and motivate etc. leaders must also develop positive relationships, respect, and trust with their employees, by doing so leaders develop a stable foundation with staffs
knowledge into intellectual property, employees have to be willing to share their experience and knowledge with other members of the organization. Knowledge is the power that enables organizations to improve productivity and to provide value to the group and individuals. Intellectual capital is the competitive value of any business system. The appeal of an organization or of belonging to a certain group depends upon the satisfaction of each group member. A manager, who wants a team comprised of satisfied
am interested in and find a professional job with stable income to support my family. It may sound an ordinary and unambitious one, but it definitely means a lot to me. For me, studying business is the right choice. Among many different subjects available in the university, I want to study business. I think business is very different from other subjects like language, science or arts. It has many things for me to explore. It does not only study the past incidents but
Background of Study For the smooth functioning of the business, effective communication at the workplace is very important. In an organization a two-way communication is a must. Managers should have personal contacts with their subordinates. They can help reduce absenteeism amongst workers and also increase their productivity through proper communication. They should properly communicate the goals and policies of the organization to their subordinates and also get proper feedback from them
the interpersonal skills that are being developed by the graduates. Raybould and Sheedy (2005) also viewed that employers are looking for vital interpersonal skills in graduates and their period of work experience rather than degree of specific knowledge. To support that, Knight and Yorke (2002) stated that some employers consider degree subjects studied are not as important as the graduates’ ability in handling complex information and communicate it effectively. The skills presented by graduates
similar hobbies and interests , and can be an exceptionally successful business strategy for business organizations, journalists, managers, artists or specialists. A great number of people are immensely keen on, for example, books, TV, computer games or films. Social media permit us to contact with people that have the same hobbies. One of the greatest new advancements on the internet is the social networking. Social communication permits you to communicate with relatives and friends, sending pictures
Skills and talents of a Corporate Communicator :- Before get started with the key role of a Corporate Communicator, we must know the communication process in a corporate sector. Now a day's, corporate sector means all business hubs including private banks, it is mainly known as business sector. If we look into the word 'communication', it implies that it is the imparting or exchanging of information by speaking, writing, or using some other medium. So in all Corporate Communication is a total