Restructuring Expansion & Restructuring Within a Company Essay

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Restructuring

Expansion & Restructuring within a Company

Describes your leadership style model

In this company, I serve as the Managing Director. The main objective of the organization is to expand and restructure its structures, communication, concepts, and culture with the aim of increasing the level of revenues and profits at the end of the financial year. In order to achieve this objective, it is appropriate to adopt and implement my leadership style (Democratic/Participative Leadership). Democratic leadership/participative refers to the leadership style that enables members of the group to take part in the decision-making process. This indicates that the team members will take participative role in the achievement of the objectives and goals in relation to expansion and restructuring of the company (Judge & Robbins, 2007).

This leadership proves to be effective and efficient through depiction of higher productivity, quality contributions, and enhancement of morale of the employees. Democratic leadership increases or encourages the concept of creativity through rewarding of quality participation. Members of the organization will also feel engaged in the process of expansion and restructuring with the aim of realizing the targets. This leadership style provides an opportunity for the group members to share ideas and opinions in an effective environment. Despite this participation by team members in sharing opinions and ideas, the final decision rests with the manager or the leader of the relevant project. Through this leadership style, I have the opportunity to evaluate various views in relation to expansion and restructuring of the concepts and culture of the organization. This is essential for the achievement of an effective approach to achieve the goals and targets (Yuki, 2006).

Identify strengths and weaknesses of your leadership style

Strengths of Democratic/Participative Leadership style

Democratic leadership style possesses numerous benefits or strengths towards the realizations of the targets of expansion and restructuring of the company. One of the essential strengths is the ability of the group members to share their thoughts, ideas, and opinions. This enables the leadership to adopt and implement better and creative ideas relevant in solving company's problems and issues. This leadership is essential in evaluation of views from various members of the group with the aim of adopting the most effective approaches towards the achievement of the common goal. Democratic leadership is also essential in the provision of opportunity for the engagement of the group members in the process of decision-making. The group-members feel like part of the project thus increase in the level of commitment towards the achievement of the organizational goal (Yuki, 2006).

Members of the group will also care for the results of the project because of participative role in the execution of the objectives of the process. This engagement of the workforce in decision-making process has the ability to yield quality contribution and productivity levels thus efficient in the achievement of the concept of expansion and restructuring of the company. Democratic leadership style is also effective in the development of the skills of the members of the group as they take part in the decision-making process thus part of the process. This leadership style also contributes towards realization of high job satisfaction because of the encouragement of participation. Members of the group have control of their destiny thus the achievement of motivation to pursue organizational targets and objectives.

Weaknesses of Democratic/Participative Leadership styles

Despite the fact that democratic leadership style is the most effective and efficient leadership style within the context of an organization, it has various shortcomings or potential downsides. Democratic leadership style has a tendency of generating communication failures and incomplete projects in some cases. For instance, in case of unclear roles or critical time factor, this leadership style will generate communication failure within the organization thus essence of incomplete projects. In some cases, members of the group lack necessary knowledge and expertise to contribute effectively and efficiently towards decision-making process.

This will result in provision of inappropriate opinions and ideas by the members of the groups thus ineffective towards the achievement of the goals and objectives in relation to expansion and restructuring.

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This leadership style is also effective in areas where there are skills and eagerness to share knowledge. Time is also an essential factor towards effectiveness of democratic leadership style. This will enable individuals to contribute and develop a plan before provision of the opportunity for the leader to make the final decision in relation to the views and ideas by the group members. This indicates that democratic leadership style is a challenge when time and efficiency factors are critical towards the achievement of the goals of the project (Yuki, 2006).

Personal strengths and weaknesses

One of my personal strengths as a leader is the ability to communicate effectively efficiently. Communication entails listening and interacting with the team members appropriately. Communication is essential in the sharing of ideas and opinions during group interactions thus effective in the context of democratic leadership. Another personal strength is the promotion of creativity as an important factor of leadership. Creativity is vital in the development of various solutions and views to a particular problem or issue affecting the organization. This strength is also vital in enabling members share their views and opinions with minimal restrictions thus quality contribution towards the achievement of the goals and objectives of the project.

I also have the ability to listen to others' perspectives thus the opportunity to incorporate variety of solutions to a particular issues affecting the organization. I tend to focus on the details thus concentrating on the main objective such as expansion and restructuring of the concepts and culture of the organization. This is vital for engagement of individuals and members of the group to focus on the main objective in relation to the project. I am also effective in team building. This is because groups or teams are vital in the promotion of objectivity and creativity essential in the transformation of an organization. I also have the ability to evaluate and implement various ideas and solutions to particular problems within the organization. This is essential in the implementation of the democratic leadership style. One of my weaknesses as a leader is the process of decision-making. Decision-making is sometimes problematic thus the need to include members of the group in the participative role in the process. I also tend to develop emotions or connection to individual co-workers. This impartiality proves to be a problem in the execution of duties and functions as the leader.

Compare and contrast leadership theories

Trait Theories

This theory focuses on the illustration of adoption or inheritance of certain leadership qualities and traits. This theory also relates to the identification of shared personality and behavioral leadership qualities. According to this theory, leaders are born.

'Great Man' Theories

Like the trait theory, this theory believes on the inheritance of the capacity for leadership. The theory indicates that great leaders are born thus the concepts of mythic, heroic and destiny in the context of leadership. This theory draws the name from the concept of male chauvinism in leadership positions in the context of traditional society.

Situational Theories

This theory focuses on the ability of the leaders to adopt and implement best course of action in relation to the situational variables. This indicates that different leadership styles are effective in the context of unique situations thus the need to adopt and implement this theory. In this theory, leaders have the opportunity to shift from one leadership style to another because of the variation of situations.

Contingency Theories

Contingency theories focus on specific variables in relation to the environment with the aim of achieving the most effective leadership style for the situation. This theory indicates that no leadership is effective and efficient for all situations. The theory also indicates that leadership success relates to various factors or variables thus the need to….....

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