Value-Based Leadership: Challenges and Opportunity
A Value Based Leader is someone that align an organization’s values, mission, and processes into one standard style of management. Although a Value-Based Leader has the mission of the organization in mind when developing a strategy plan he or she will still face challenges. There are six challenges in which today’s organizations face and they are Technology, Ethics, Globalization, Knowledge, Diversity and Change. I would like to focus on two challenges faced by leaders today which are Change and Technology.
The core values of a leader within an organization often establish the pattern of the employees in which he or she will lead. Robert McDonald, COO of Proctor and Gamble, believes that it is important for a good Leaders to be a leader with purpose as well as character which could assist a leaders in dealing with today’s challenges. If a leader leads with a purpose for the organization, he or she will share a desire for a positive end result or set an attainable goal in which all involved will be determined to see the purpose fulfilled with maximum outcome.
With Change so often an organization has to adjust to these changes in order to adapt to whatever changes that will affect the end results. Sometimes the change for an organization could be as major as a change in the economy or as simple as a change in a style trend. In a recent CNNMoney article fashion trend setter Abercrombie & Fitch had a fall out due to declining sales. It was suggested that the companies challenges were due to macroeconomic conditions. Abercrombie clients are trendy teenagers and Twitter followers which snub the company due to a fall out of a popular teen idle which resulted in a drop in sales and a desire for the popular clothing line. It’s amazing that something as simple as a twit could affect the increase or decline in sales of a major organization. In this case, a...