Leadership, Innovation and Change Essay Example | Topics and Well Written Essays - 2500 words

Leadership, Innovation and Change - Essay Example The paper tells that the roles played by top leaders are fundamental in determining the market position of a company’s product. Considering the fact that top leaders are involved in the development of both corporate and business strategies, their ability to influence market performance cannot be ignored. Whereas there is evidence that leaders and their leadership style can have an impact on the market performance of the company, it is not clear the level of impact involved. Researchers have sought to analyze whether the influence of leaders is an extremely significant contribution to the market performance of a company or whether the critical importance of other factors supersedes the role of leaders. The top leadership in any organization indulges in active planning and development of the leadership strategy, corporate strategy, and the business strategy. The development of these strategies depends on the leaders understanding of the potential strengths and the weaknesses of the company as well as a critical analysis of the possible threats and opportunities. The role of strategic planning is basically to ensure that a company has in place initiatives that promote and utilize its strengths and opportunities while taking measures of handling threats and minimizing the weaknesses. Such strategic planning is impossible if top leaders do not understand both the internal and external environment of the organization. Leaders face the compulsion of ensuring that strategic planning brings together different departments in an appropriate response to both external and internal factors. Moreover, leaders need to be informed on different issues regarding the industry they operate in. They need to understand the ensuing trends and be able to predict what the future holds.

Corporate Governance Essay Example | Topics and Well Written Essays - 3000 words - 2

Corporate Governance - Essay Example Certainly, in spite of its characteristic past origins and its shortcomings, it is evidently coming out as the global benchmark. However, queries of institutional shifts are untimely. It is worth noting that towards the end of the 20th century, the German and Japanese models of corporate governance was most preferred in the world, and it served as the worlds best from 1990-early 2000 (Goergen, Manjon & Renneboog 2008). Experts believed in the bank-centered association capitalistic approach to deal with the social disturbance brought about by the American narrow-minded shareholder orientation. The intrinsic worthiness of "Toyotaism" and the exemplary performance of some of the Asian economies and business establishments that emulated the German and Japanese corporate framework influenced the business reporters to herald the surfacing of the Anglo-American method of control Keiretsu (Wood 1991; Herbig & Shao 1994). The reports stated that unregulated Anglo-Saxon capitalistic mode of corporate governance is encountering challenges in dealing with the current situation. They therefore argued that the American bus iness organizations ought to have been supported to institute Keiretsu-like groupings that insulated the management from mid-term to short-term business and stock market forces devoid of developing them into ineffectual managers (Lincoln, Gerlach & Ahmadjian 1996). In summary, the most prolific economies were successful due to their corporate governance frameworks, at times referred to as communitarian or association capitalism. They subdued the signs from intolerant economic markets and promoted collaboration among business corporate organizations and their suppliers, contrary to what the American framework of investing capitalists. Certainly, agreeing on which evaluator of performance to employ and what period to concentrate on results to divergent