Core competence (strengths and weakness) Introduction In order to anticipate changes in business‚ management should build an appropriate strategic plan. Focusing on a company’s core competencies establishes a unique integrated system that competitors cannot replicate. By the definition as Prahalad and Hamel (1990) stated‚ core competency is a collective knowledge about how to combine company’s diverse resources‚ technologies and know-how. As the foundation of competitive advantages for enterprise
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Company Background Gee Cantik Bridal House began its operating in 1995. It was founded by Mr. Abdul Raman Bin Jaafar. Initially‚ the business was started from his own house at Alor Gajah‚ Melaka. He starts doing business by just doing sales of curtains for 17 years at home. At that time‚ he has only 17 employees. After several years of doing business at home‚ eventually moving to shop store which is at Masjid Tanah‚ Melaka. There is another branch which is in Klang. As the business grows‚ the number
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Transformational Leadership Position Paper on a Case Study and Strength/Weaknesses While researching and reading about Transformational Leadership I ran across an Italian Proverb: “A rotting fish begins to stink at the head.” This quote sums up what transformational leadership means to me. Regardless if the leader is encouraging what society views as positive or negative behavior‚ the fact that he/she is influencing those below him/her is what matters most. Some of the great leaders who possessed
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Transactional leadership styles are more concerned with maintaining the normal flow of operations. Transactional leadership can be described as "keeping the ship afloat." Transactional leaders use disciplinary power and an array of incentives to motivate employees to perform at their best. A transactional leader generally does not look ahead in strategically guiding an organization to a position of market leadership; instead‚ these managers are solely concerned with making sure everything flows smoothly
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According to Stone‚ Russell & Patterson‚ (2003)‚ transformational leadership is a kind of leadership style that can inspire and stimulates positive changes in individuals that follows. Transformational leaders are usually emotionally intelligent‚ energetic‚ passionate‚ and fervent. Transformational leader also concentrated on assisting every follower of the group succeed as well. Transformational leaders are individuals‚ who encourage and inspire followers together to attain astonishing values and
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TRANSFORMATIONAL AND TRANSACTIONAL LEADERSHIP STYLE ABSTRACT In this global competitive environment‚ effective leadership style is necessary to reduce the attrition rate. From the effective leadership styles only it is possible to achieve organizational goal productively. This paper wanted to see the transformational and transactional leadership style. Where Transformational leadership can be categorized into Charisma‚ Inspiration‚ Intellectual Stimulation and Individualized Consideration. While
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Since the tenth grade I have been tutoring many students; these students have all demonstrated a wide range of abilities‚ in both their strengths and weaknesses‚ and which span across several subject areas. I began tutoring in a program at my high school called I-Block. The school offered tutoring program was developed in order to allow for older‚ eligible students to help mentor and educate younger students who showed difficulties within their studies. Since tutoring in I-Block I have developed
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more efficient‚ what workloads can or can’t they handle‚ overstaffed/understaffed‚ and so forth. SWOT analysis’s are an excellent tool for anyone or business striving to be on top and stay there. When a business conducts a SWOT analysis‚ the strengths they should focus on are their product line‚ locations‚ technology they use‚ and possibly their internal staff. All these can contribute a great workforce and product if used at its potential. The weaknesses should focus on failed products‚ weak
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TRANSACTIONAL VS TRANSFORMATIONAL LEADERSHIP The concept of transformational leadership‚ which is a constituent of Bass and Avolio’s “full range leadership theory”‚ is one in hundreds of the most world-wide researched paradigms in the fields of leadership and have showed material accuracy for assigning probability to a number of outcomes including leader performance and productiveness rating in addition to follower gratification and stimulation. Transformational leaders act as advisers to their
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Transformational versus Transactional Leadership Leadership and Team Development-Fall 2011 Abstract This research paper addresses various aspects of transformational and transactional leadership styles. It mainly presents a comparative overview of these leadership styles. Further‚ it talks about an example of each transformational and transactional leadership in real-world. This leads to mentioning various applications that each leadership style finds in today’s business. Analysis of strengths
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