Use Your Selected Company From Weeks 1–2 For This Week’s Ass ✓ Solved

Use your selected company from Weeks 1-2 for this week’s assessment.

Use your selected company from Weeks 1-2 for this week’s assessment. A primary technique of deeper analysis of an organization is the Porter’s Five Forces Model. This technique is often used when looking at your competitive advantage. Looking at your competitive advantage is important to aligning your operational needs with your business strategies. Review sources on your company.

Write a 700- to 1050-word proposal to the company of your plan to align the operational needs with business strategies based on your analysis. Include the following in your proposal: An analysis of the company based on Porter’s Five Forces An analysis on the effectiveness of the leadership model the company is currently using Consider the current leadership style or styles in place at the company. Determine the effectiveness of the leadership style/s and whether an alternative style/s would be more impactful. Assess how to determine effective leadership. What makes a leader effective or ineffective?

Consider sources of managerial power when leaders are effective. Recommendation for the following actions: Leadership model changes 2- to 3- actions needed to align operational needs with business strategies identified in Week 1 Include and cite 1 other resource besides the text. Format your citations according to APA guidelines. Utilize the Center for Writing Excellence and the Reference and Citation Generator for assistance with APA style formatting.

Paper For Above Instructions

In today’s dynamic business environment, aligning operational needs with business strategies is crucial for organizational success. This proposal aims to analyze [Selected Company] using Porter’s Five Forces Model, evaluate the current leadership model, and provide recommendations for enhancing effectiveness. The insights gathered through this analysis will help the company navigate competitive pressures and improve overall performance.

Analysis of [Selected Company] Using Porter’s Five Forces Model

Porter’s Five Forces Model provides a framework for understanding the competitive forces that shape an industry. The five forces at play for [Selected Company] are:

  • Threat of New Entrants: The barriers to entry in [Selected Company’s Industry] are [describe barriers, e.g., high capital requirements, brand loyalty]. This reduces the threat of new competitors entering the market.
  • Bargaining Power of Suppliers: In the current market, suppliers hold [high/low] power, influenced by [factors such as the number of suppliers, availability of substitute inputs]. This can affect [Selected Company’s] cost structure and sourcing strategies.
  • Bargaining Power of Buyers: Customers have [high/low] bargaining power due to [e.g., availability of alternatives, price sensitivity]. This requires [Selected Company] to continually innovate and enhance customer satisfaction to retain loyalty.
  • Threat of Substitute Products or Services: The availability of substitutes that fulfill similar needs poses a [high/low] threat to [Selected Company]. Addressing this threat demands a focus on differentiation and unique value propositions.
  • Industry Rivalry: The level of competition within the industry is [high/low]. Key competitors are [name some competitors], which necessitates effective marketing and operational strategies to maintain market share.

Effectiveness of Current Leadership Model

The leadership model currently in use at [Selected Company] is primarily characterized by [describe leadership style, e.g., transformational, transactional, etc.]. The effectiveness of this leadership model can be assessed based on its influence on employee engagement, organizational culture, and goal achievement.

[Selected Company’s] current leadership style has resulted in [positive/negative outcomes, e.g., improved employee morale, high turnover rates]. The advantages of this approach include [list advantages], while the disadvantages are [list disadvantages]. Comparatively, an alternative leadership style, such as [suggest an alternative style], could potentially enhance performance by [explain how].

Assessing Effective Leadership

Determining effective leadership involves evaluating a leader's ability to inspire, motivate, and guide teams towards achieving business objectives. Key attributes that define effective leaders include emotional intelligence, strong communication skills, the ability to adapt to change, and decisiveness (Goleman, 1998). In contrast, ineffective leaders often struggle with communication, lack vision, and fail to inspire trust and confidence in their teams (Kotter, 1996).

Sources of managerial power, such as expert power, referent power, and legitimate power, contribute to a leader's effectiveness. Leaders who combine these sources successfully can cultivate strong relationships with their teams, leading to increased performance and organizational commitment (French & Raven, 1959).

Recommendations for Leadership Model Changes

To optimize alignment between operational needs and business strategies, the following recommendations are proposed:

  1. Adoption of a Transformational Leadership Model: Transitioning towards a transformational leadership approach can enhance motivation and encourage innovation, which is essential for adapting to market changes.
  2. Enhancing Communication Practices: Implementing regular feedback mechanisms and open lines of communication will facilitate transparency and trust within the organization, ultimately leading to improved morale and productivity.
  3. Leadership Development Programs: Investing in ongoing leadership training and development initiatives can equip leaders with the skills and knowledge necessary to navigate the complexities of the business environment effectively.

Conclusion

In conclusion, through a thorough analysis using Porter’s Five Forces Model and an evaluation of the current leadership approaches, [Selected Company] can identify areas for improvement. Implementing recommended changes to the leadership model and aligning operational needs with business strategies will position the company for sustained success. By fostering effective leadership, cultivating strong communication, and focusing on transformational practices, [Selected Company] will enhance its competitive advantage and drive future growth.

References

  • French, J. R. P., & Raven, B. (1959). The bases of social power. In D. Cartwright (Ed.), Studies in Social Power (pp. 150-167). University of Michigan Press.
  • Goleman, D. (1998). Working with Emotional Intelligence. Bantam Books.
  • Kotter, J. P. (1996). Leading Change. Harvard Business Review Press.
  • Porter, M. E. (2008). The Five Competitive Forces That Shape Strategy. Harvard Business Review. Retrieved from https://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy
  • Northouse, P. G. (2018). Leadership: Theory and Practice. Sage Publications.
  • Mintzberg, H. (2009). Managing. Berrett-Koehler Publishers.
  • Kotter, J. P. (2007). Our Iceberg Is Melting: Changing and Succeeding Under Any Conditions. St. Martin's Press.
  • Yukl, G. (2010). Leadership in Organizations. Pearson.
  • Burns, J. M. (1978). Leadership. Harper & Row.
  • Robinson, S. P., & Judge, T. A. (2019). Organizational Behavior. Pearson Education.