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Data Analysis of Winning by Jack Welch with Suzy Welch

Category: Arts & Education Paper Type: Report Writing Reference: CHICAGO Words: 900

            The analysis of the effectiveness of mission statement, from the literature of researchers that they have done previously as well as the evaluation of the theories and strategies, that maintain the balance between possible and impossible actions. Moreover, it develops the sense of encouragement and self-confidence among the individuals as they matter a lot as well as it provides the direction to the people regarding to profitability and other aspects that are important for their benefits. In the company, during the development of the any mission, it is the right of individuals to say something regarding to the mission. However, the allocation of resources in differentiation occurred where leaders are responsible for all the matters whether they are good or bad because the company hired the leaders for this job and paid according to their job. As the company has enough time for the management activities and money. Moreover, the company where pay back is higher the most efficient leaders work and wining the aims and goals of the company as the company provide them facilities. Furthermore, the differentiation is the process in which the management of the company takes place properly as managing the people according to their potential, capabilities and skills as well as manage the business- related activities (Welch and Welch 2013 ).   211

        Furthermore, different skills improve the growth of business-like management skills that develop the systematic environment within the company as it is used in planning, building and direct system of the organization according to the aims and goals of the organization that flourish the growth and reputation of organization among its competitors. Whereas the leadership skill is an important skill with the aim to introduce the change within the organization effectively by providing guidance, direction as well as the motivation and encouragement of the people working in the organization (Algahtani 2014).    88

        The Balanced Scorecard is that process in which the management of the business is takes place in a sustainable way as it overcome all the problems regarding to the conventional methods used in the management systems of the business in an effective way. Moreover, it is providing the three different pillars that develop the sustainable development as implemented strategic management (Figge, et al. 2002).  67

        The role of organizational culture is important in the development of the organization as it improve the performance of organization. Additionally, it creates the positive impact on the attitude and behavior of employees as they improve the work performance and development of the organization. However, effective leadership introduced effective and innovative strategies that enhance the performance of organization and develop the positive attitudes among the behavior of employees and they started work for the development of organization (Hao and Yazdanifard 2015).

        The organization that manages its employees in a proper way as takes care of their needs and provide all facilities that they demand and deserved according to their performance. The training of employees also conducted from their executives who help their employees to learn from their expertise. Moreover, there are also options available for the companies to provide outside training to their employees so that they can improve their skills according to the requirement of the organization. In the modern time, competition is too tough therefore, it is hard for the organization to provide lifetime jobs to their employees but every organization can still play vital role in the lives of their employees by providing them opportunities of learning and development through the training program and at the same time it is the right of the employees.

        Moreover, to survive in the rapidly growing business world, an organization has to embrace change with the passage of time but to implement change is not possible without the support of the employees because employees usually restrict change as they feel that they cannot work effective with the integrated business environment therefore, they create resistance against change. Likewise, majority of the people react negatively towards the change because they feel that through the change they might lose their jobs. In this situation, the employers should develop a plan to effective manage the change and by encouraging the employees to be a part of the change. In this regard, the employees should communicate with the employees and they have to integrate their skills through the training programs. It enables the company to not only get rid of the resistance but it also support the change process that enables the company get the required results from the change process (Welch and Welch 2013 ). Likewise, in the case of the car wrecks if the employer adopt these strategies then he cannot merely stop resistance against the change but the training and the reward system can also help him to reinforce the change process and to take full advantage of it. Subsequently, in the change process, the organizational leadership and management play vital role and their policies to address the change has direct impact on the overall results produced from the change process (Welch and Welch 2013 ).

References  of Winning by Jack Welch with Suzy Welch

Algahtani, D. A. (2014). Are Leadership and Management Different? A Review. Journal of Management Policies and Practices , 2 (3), 71-82.

Figge, F., Hahn, T., Schaltegger, S., & Wagner, M. (2002). THE SUSTAINABILITY BALANCED SCORECARD LINKING SUSTAINABILITY MANAGEMENT TO BUSINESS STRATEGY. Business Strategy and the Environment , 269–284.

Hao, M. J., & Yazdanifard, D. R. (2015). How Effective Leadership can Facilitate Change in Organizations through Improvement and Innovation. Global Journal of Management and Business Research: A Administration and Management , 15 (9).

Welch, J., & Welch, S. (2013 ). Winning (Enhanced Edition). HarperCollins.

 

 

 


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