Leadership Effectiveness Style and Ethics - 800 Words

Leadership Effectiveness: Style and Ethics Culture is a powerful force in organizations. Leaders must build and share a vision with followers which is ripe for the culture and current climate. Leaders must also recognize when an organization’s culture no longer supports the mission. Target Corporate Target is a corporate pillar in Minneapolis, Minnesota. Target’s mission is, â€Å"to make Target your preferred shopping destination in all channels by delivering outstanding value, continuous innovation and exceptional guest experiences by consistently fulfilling our Expect More. Pay Less. ® brand promise† (Target, 2014b, para. 3). Target brands itself as the best company ever and declares itself fast, fun, and friendly (Target, 2014a). Target†¦show more content†¦Leadership Effectiveness A common measure for the success of a leader is leadership effectiveness. Leadership effectiveness is measured by multiple indicators including employee morale, organizational commitment, and job motivation (Jogulu Wood, 2006). Leadership effectiveness is a result of leadership style and ethics. Leadership Style Leadership style definitions have evolved from trait centric theories of a â€Å"Great Man† (Jogulu Wood, 2006) to today’s highly regarded transformational style (Limsila Ogunlana, 2008). Organizations have become employee oriented instead of production oriented, elevating employee performance to new heights (Limsila Ogunlana, 2008). Target is highly Team Member oriented, albeit to a fault which reduces its ability to deliver. Target values face-to-face meetings to ensure all stakeholders are on board before implementing. Meetings are challenging to schedule because of required attendee and room availability. Team Members are granted unlimited sick and volunteer time away, not to mention they are expected to meet with their network regularly. Execution halts while Team Members wait to meet. Ethical Leaders Focus on ethical leadership has increased with the fall of companies such as Target, Enron, and Tyco. Ethical leadership examines the heart of leadership, comparing leader professional morals and style with the organization’s mission (Palmer, 2009). When leadership actions are inShow MoreRelatedThe Leader s Ethical Values Influence Leadership Style Essay1658 Words   |  7 Pagesamaze you if you discovered that ethics and leadership style are correlated? The leaders come from various industries for instance, public, private, government, and non-profit/for-profit. The leader’s ethical values influence leadership style. The research suggests that the transformational leadership style is established on deontological ethics whereas transactional leadership is based on teleological ethics. Leader values and transformational/ transactional leadership suggest that a divergent setRead MoreEssay on Applied Business Research Case Study935 Words   |  4 Pagesthe world’s biggest corporations to failure, researchers and business leaders realize the need for ethical and sound leadership. The need for ethical and sound leadership helps to facilitate and manage daily operations and to sustain their competitive advantage within the global economy. However, with this evolution, numerous research studies add to the understanding of leadership theories and the effects on organizational climate and culture. The following findings concentrate on research limitationsRead MoreIndividual case study1382 Words   |  6 Pagesï » ¿1. How is ethical, authentic and morally based leadership demonstrated in the Pierian Centre case study? According to Grace (2006) defines ethical leadership is that ‘knowing your core values and having the courage to live them in all parts of your life in service of the common good.’ Ciulla suggests the three categories to ethical leadership: intentions, relational and the ends (Schedlitzki and Edwards 2014). Intentions are the ethics of leaders themselves (Schedlitzki and Edwards, 2014, p.221)Read MoreConcept Of An Advancing Leadership Style1660 Words   |  7 Pagesconcept of an Advancing Leadership Style. I will identify the characteristics of a leader, and the external and internal environments that would play a part in any leadership style. Additionally, I will demonstrate how this leadership model assists in moving the organization forward in the direction of the mission or goal and assist in defining the organizational culture. Finally, I will show how this model is useful to the leader and followers by comparing other leadership models and their effectsRead MoreThe Fundamental Roles Of Leadership And Organizational Change858 Words   |  4 PagesThe fundamental roles of leadership are to affect change and to enhance their follower decision and actions. According to Northouse (2013) leadership is defined as a process where an individual influence a group of individuals to achiev e a common goal (p.5). Within my organization, my leadership approaches are prevalent to the mission, vision, and goals for the Los Angeles County, Child Support Services Department. In particular, my leadership role consists of supporting and achieving consensusesRead MoreEthical Behavior Is Distinguishing And Performing One s Actions1490 Words   |  6 Pagesaccording to individuals, customs, morals and beliefs. Ethical behavior represents a value system that has been developed from a logical analysis of society, established by fairness, integrity, the desires and privileges of people and oneself. Ethical leadership encompasses two aspects. First, ethical leaders have to perform and make ethical judgments. Secondly, ethical leaders should direct fairly, through daily interactions with others, through the motivations of employees and team members, and throughRead MoreCharacter Analysis Of The Galileo Seven1720 Words   |  7 PagesSpock needs to take commands to achieve their mis sion. However, his strictly logical leadership style often conflicts with his crew, causing tension and resentment to arise. Therefore, this paper will examine the leadership style and behavior of Mr. Spock to measure its effectiveness as well as justify its suitability for such circumstance. According to Fiedler’s Contingency Model (1978), ‘effective leadership is contingent on, or depends on, the characteristics of the leader and of the situation’Read MoreDisney Pixar s Up Released922 Words   |  4 Pagesinto great adventure where ethics, purpose, and conflict will be put to the test and battle for priority in the leadership styles of many dominating characters of this plot. The way that leadership is best exemplified in this fil, and worded perfectly by Exploring Leadership, â€Å"Leadership has to do with relationships, the role of which cannot be overstated† (Komives, Lucas, McMahon, 1998). This quote is the embodiment of leadership that is exhibited in this film. Leadership can be found in nearly everyRead MoreWhat Makes A Good Leader?905 Words   |  4 Pagestruly effective) one is when they display authentic leadership. I will discuss two specific methods that characterized my manager’s display of authenticity in his leadership style as an accounting manager: ethics and trust, and other-centeredness (described by Robbins and Judge as, â€Å"socialized charismatic leadership†) (2011). Authentic Leadership through Ethics and Trust What role do ethics and trust play when we determine the effectiveness of a leader? Robbins and Judge point out that thereRead MoreThe Contingency Approach : Strategic Leadership And The Implications Of The Main Contingency Models On Different Management1069 Words   |  5 PagesIntroduction The contingency approach to leadership is the need for the leaders to be formable in their superior choice of leadership styles based on their situation thus if the leaders first attempt is to influence the group is failed ,the next suggested action will be to adopt a different style of leadership which is more compatible with the situation. Current theories and models of leadership explain the influence of position upon the satisfaction and performance of employees. While dissenting

Microeconomics Ice Cream Analysis - 2638 Words

ECO 201 : Microeconomics Research Paper The Unilever Group Ben and Jerry’s Homemade Inc. Ice Cream June 9, 2011 Deborah Minassian ECO 201 : Microeconomics Research Paper The Unilever Group Ben and Jerry’s Homemade Inc. Ice Cream June 9, 2011 Deborah Minassian Abstract Ben Jerry’s Homemade, Inc. has been in business since 1978. Approximately 40% of the world s frozen dairy desserts, 5.6 billion liters per year, are manufactured at more than 450 U.S. ice cream plants. This makes the United States the largest producer of ice cream and related products in the world. With the world s largest milk supply, an abundance of land, and investments in research development, U.S. frozen dairy dessert production has remained†¦show more content†¦If all exchange rates remained equal they would have reported a decline in profit of 1.0% which is a result of the world economies. The Unilever Group’s report on ice cream stated that they saw volume growth and share gains in most markets. Specifically they saw a strong performance in Western Europe, Mexico, Indonesia and Australia. Much of this growth was due to the Magnum Gold acquisition and the marketing of this product in these markets. Product quality improvements helped their Klondike line achieve strong results in the U.S.A. The Unilever Group maintained a negative price growth in ice cream. The negative price growth reflected slightly lower gross margins, at constant currency, with commodity costs higher. According to Market Line a leading business information company, in 2007, the companies with the largest shares in the ice cream business was Unilever, Nestle and General Mills. The breakdown is as follows: This chart demonstrates the amount of market share Unilever had among its competitors during 2007. Competitive Advantage Although Ben and Jerry’s is owned by a large international corporation, company s mission statement continues to describe what Ben Cohen and Jerry Greenfield started in an old gas station: A social mission to operate the company in such a way that a concern for the global community is calculated in corporateShow MoreRelatedMicroeconomics ( Short Written Response ) Essay1358 Words   |  6 Pagesany other file format please discuss this with your lecturer well before the assignment submission date. Student Name: Sumit Sharma Student ID No.: 22654049 Unit Name: ECONOMICS AND QUANTITATIVE ANALYSIS Unit Code: ECO82001 Tutor’s name: Badri Bhattrai Assignment No.: 2 Assignment Title: MICROECONOMICS ( SHORT WRITTEN RESPONSE) Due date: 5,DEC,2016 Date submitted: 5,DEC,2016 Declaration: I have read and understand the Rules Relating to Awards (Rule 3 Section 18 – Academic Misconduct IncludingRead MoreSavoury Ice Cream Pr Brief3268 Words   |  14 Pagesstatement We are the Skyline consultancy and the Savoury Ice Cream campaign is designed and planned by:....... Our client is Bill and Joey’s (â€Å"BJ†), a newly formed British company who are planning to produce a savoury ice cream product for the UK market. Executive summary The skyline consultancy has been asked to plan a campaign for the BJ Company which will be launching a range of savoury ice cream in the UK. We will carry out market analysis which identifies the target market, followed by theRead MoreFrost Gelato Shoppe Europe : An Italian Inspired Ice Cream / Gelato Business2120 Words   |  9 PagesFrost Gelato Shoppe Europe is an Italian inspired ice cream/gelato business which is located in Tucson, Arizona, USA. It is steered under the leadership of co-founders Jeffrey Kaiserman and Stephen Ochoa, alongside their 22 years experienced gelato master chef, Nazario Melchiondia (Orr, 2009). Over the years the business has flourished resulting in the opening of new shops, including franchises that have been established in Kuwait and US states such as Chicago and Phoenix (Villarreal, P, 2011). MoreRead MoreAshford ECO 204 Principles of Microeconomics1078 Words   |  5 Pagesï » ¿CLICK TO DOWNLOAD Ashford ECO 204 Principles of Microeconomics Week 1 Discussion 1: Circular Flow Diagram. Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market and a way that it interacts in the products market. Discussion 2: Supply and Demand. Analyze how the law of demand applies to a recent purchase that you made. Describe how the product has changed in price and explainRead MoreSwot Analysis Of Wensley ( And Nestle )1067 Words   |  5 PagesSwitzerland The most important figures Peter Brabeck-Eetmat (Chairman) Paul Bolekh (Chief Executive Officer) Number of employees 276 050 (2007) Industry Food Industry Products baby food, coffee, dairy products, confectionery, bottled water, ice cream, food animals Revenue ââ€" ² US $ 121.103 Billion (2007) Web site Nestle.com The history of the company The beginning of the company was in 1860 when a pharmacist Henri Nestle developed a special food for infants achieved great success when the recipeRead MoreNegative Externalities And The Effect On The Perception Of A Student At Cal State Dominguez Hills And Why It Essay1384 Words   |  6 Pageseffect. If the impact on the bystander is contrary, it is called a negative externality, on the other hand, if it is beneficial, it is called a positive externality. I will explain how microeconomic tools and materials we have covered this semester apply towards externalities and then follow on to its historical analysis. Then I will take it back to the role of the government with externalities which will then lead to how externalities are relevant in my daily life as a student at Cal State DominguezRead MoreMicroeconomic Analysis Questionnaire2929 Words   |  12 Pagesï » ¿BEO2264 MICROECONOMIC ANALYSIS TUTORIAL QUESTIONS TOPIC 1 Question 1 (a) Discuss how microeconomic theory can help to explain the effects of lowering the minimum wage for teenage employees in the retail industry (b) How is the usefulness of a theory evaluated (c) â€Å"Observation without theory and theory without observation are equally useless in explaining the complexities of the real world†. Discuss. Question 2 (a) Distinguish between positive analysis and normative analysis. (b)Read MoreEcomonic Study and Market Analysis of Jollibee Food Corporation3262 Words   |  14 PagesECONOMIC STUDY AND MARKET ANALYSIS OF JOLLIBEE FOODS CORPORATION JOLLIBEE FOODS CORPORATION: A COMPANY OVERVIEW Jollibee Foods Corporation is one of the biggest known fast-food companies in the Philippines. Jollibee is a dominant market leader in the country that enjoys the biggest market share which is more than all the other multinational brands combined. Jollibee was founded by Tony Tan and his family with its humble beginnings as an Ice Cream Parlor which later grew into an emerging globalRead More Ethnographic study at McDonalds Essay2112 Words   |  9 Pageshandle the orders. Despite that, she was friendly and with a smile on the face to welcome the customers. The most common food they offered - popular to the customers - involved hamburgers, chicken sandwiches, French Fries, shakes, nuggets, rice and ice creams. After I paid and took my order, I looked around and there was an empty table in the corner. The tables and the floor were cleaned as soon as a customer leaves. I noticed a small group of young boys and girls entering in the McDonalds’ shop. TheyRead MoreAdvanced Placem ent Microeconomics23462 Words   |  94 PagesAdvanced Placement Microeconomics Instructor, Mrs. Peggy Pride Study Notes to accompany Economics Principles, Problems and Policies, 15th Ed. Campbell McConnell Stanley Brue AP MICROECONOMICS SEMESTER PLAN Instructor, Mrs. Peggy Pride TEXT: Economics, Principles, Problems and Policies, 15th Edition, McConnell and Brue Video: Econ U$A series with discussion Class Activities: APIP workbook activities, reinforcement and writing activities and other teacher-developed materials This semester-long

Management Accounting Steel Pty Ltd.

Question: Discuss about the Management Accounting for Steel Pty Ltd. Answer: Introduction: The current scenario mainly depicts the situation in which the fundamental laws of acquisition are being discarded to achieve sustainable growth and profitability. In addition, the evaluation of cash flow statement is essential to determine the overall liquidity and viability of the financial statements presented by Steel Pty Ltd. In addition, the two threats, which could arise if the fundamental principles are ignored, are as follows. Self interest Threat: The overall self-interest threat mainly indicates that the auditor has been compromising and using unethical measures to evaluate the financial report. In addition, scenario 1 mainly portrays the unethical measures, which is suggested by CFO. In this context, Zeff (2016) stated that audit association board and IFRS effectively monitors the auditors, which helps in reducing the unethical practises conducted in organisations. On the other hand, Power and Gendron (2015) criticises that some auditors to increase their personal gain help companies to identify the loopholes in accounting standard, which might support their future endeavours. This threat is only conducted if the auditor is forced or willing to compromise with the CFO of the company. Advocacy Threat: When an auditor uses unethical measure and changes the fundamental accounting rules for supporting the suggestion of the company head, then it is mainly knows as advocacy threat to the fundamental principles. Moreover, the auditor to comply with the request of the CFO of Bolts Ltd mainly neglected the cash flow statement of Steel Pty Ltd and only depicted his analysis on the profit and balance sheet statement. Bateman et al. (2014) cited that auditors to increase their personal income mainly compromise with the statutory rules laid out by the IFRS. On the other hand, Mironeasa and Codina (2013) criticises that due the monitoring and punishment process, auditors are keen on not supporting the unethical endeavours of the organisation. Identifying the fundamental principles that could be breached: After evaluating scenario 1 major fundamental principles, which are at risk is as follows. Professional behaviour: The above fundamental principle mainly states that an auditor should comply with the laid out rules and laws, which are depicted by Associate Chartered Accounts (ACA). In addition, in scenario 1 the auditor mainly presents a risk to the fundamental principle of ACA and might portrays the report without adding the evaluation of cash flow statement. Griffith et al. (2015) mentioned that with the help of lucrative offers auditors inflate the financial statement of the company, which in turn help in attracting potential investors and increase liquidity of the organisation. Objectivity: The Second fundamental principle that is at risk is objectivity, which mainly depicts that an auditor should not allow any bias, conflict or under influence statement to support their personal endeavours. However, the auditor in scenario 1 mainly helps the CFA of Bolts Ltd and is bias in evaluating the financial performance of Steel Pty Ltd. Serbanica et al. (2015) stated that fundamental objective mainly help in reducing the unethical measures conducted by auditors. Scenario Second: Evaluating the scenario with the help of American Accounting Association decision-making model and recommending the action taken by Luke: Figure 1: Showing the steps in American Accounting Association decision-making model (Source: Mintz 2016) Step 1: Establishing facts of the case Luke effectively knows that there is a personality conflict between the Zane and the client, which mainly resulted in the registration of a formal complaint. However, the complaint also pointed out that Zane was late and missed certain issues within the audit. However, after the evaluation of the books, Luke found out that Zane had conducted an effective audit. Step 2: Identifying ethical issues The ethical issue is late appearance of Zane in the work place and personality conflict with the client. Step 3: Identifying norms and principles related to the case Customer satisfaction Punctuality in work place Step 4: Identifying alternative course Zane and Luke both could be assigned to the client so that audit and client satisfaction both are met. Luke could adopt methods of Zane to continue identifying issues in the audit report. Zane could apologize to the client and continue his work in the auditing firm Step 5: Identified norms are overlaid in alternative options Adoption of Zanes methods could help Luke in increasing its service quality and ensuring high end customer service. Zanes apology to the client could increase customer satisfaction and punctuality at work place, which will be beneficial to the audit firm. Step 6: Considering the consequence of the action Consequence 1: Zane will leave the job on Ego basis and audit firm will lose an effective auditor. However, the audit firm will again trust of the client, which might help in advancing future business. Consequence 2: Zane will not teach Luke his methods of audit and instead leave the auditing firm. Step 7: Decision is made Zane will apologize to the client and continue to work for the audit company. Table 1: Showing the decision in the terms of American Accounting Association decision-making model (Source: As created by the author) Evaluating and recommending the scenario with the help of Mary Guy decision-making model: Figure 2: Showing the steps in Mary Guy decision-making model (Source: Craft 2013) Step 1: Defining the problem Late appearance of Zane in the work place and personality conflict with the client Step 2: Identifying the goals to be achieved To increase customer satisfaction by reducing complaint of the client To increase punctuality in work place Step 3: Listing all possible solutions to the problem Taking a apology letter from Zane and providing it to the client Terminating Zane on the basis of irregular punctuality Providing evidence of good work conducted by Zane to the client Training Luke with Zane to increase efficiency of the workforce Step 4: Evaluating each alternative to determine the requirement best suited for the situation Providing evidence of good work conducted by Zane to the client Taking a apology letter from Zane and providing it to the client Step 5: Identifying the action that is most likely to produce the desired consequence of the situation Producing an apology letter to the client from Zane and depicting the significant issues that had been identified by him. Step 6: Make a commitment to the choice and implement it Encouraging Zane to maintain punctuality in work place and increase customer satisfaction level. Table 2: Showing the decision in the terms of Mary Guy decision-making model (Source: As created by the author) Scenario Three: Listing the key assertions at risk in relation to accounts payable: After evaluating scenario 3 the Transaction-Level Assertions and Account balance Assertions are at risk. In addition, the identification of key assertion mainly helps in evaluating the efficiency of the audit report. Mock and Fukukawa (2015) mentioned that identification of adequate assertion mainly helps the auditors to evaluate the accounts payable statement of the company. Effectively depicting the justification for each assertion: Transaction-Level Assertions: The wrong depiction of transitional data might mainly reduce the efficiency of the overall financial statement and portray inaccurate profitability of the company. Moreover, the assertion mainly helps in evaluating the slow flow of information within the accounts department of Peak Sawmill Limited. Johnstone et al. (2013) cited that owners use changing prices of commodity to reduce their profitability and retain unethical personal income from the business. Account balance Assertions The unprocessed invoices, timing difference and credit request mainly change the overall account balance of the company. In addition, the identified account balance assertion mainly depicts the low responses of the management to the accounts department regarding revised prices of the logs. In this context, Mueller et al. (2013) stated that due to the positive impact of rules and norms government are able to reduce unethical measures conducted by companies Depicting a substantive test for each assertion, this could help in obtaining appropriate audit evidence: Inquiries, observations and inspections: The Transaction-Level Assertions could be effectively controlled with the help of inquires, observations and inspection test conducted on Peak Sawmill Limited. These tests could mainly help in evaluating the right transactional prices quoted by the log suppliers. In additional, this test could mainly help the auditor to record right transactional data in accounts book. Abdel (2013) mentioned that continuous inquires and inspections mainly help in maintaining the ethical practices conducted in an organisation. In addition, the evaluation of the transactional level assertion could mainly help auditors to depict the adequate transaction and determine accurate financial position of the company. Evaluating and reperforming clients activities: The Account balance Assertions could be effectively evaluated with the help of evaluation and reperforming of clients activities. In addition, reperforming clients activities could eventually help the auditor to effectively evaluate the actual prices of the logs as per the transactions. Moreover, this test evaluation mainly helps in providing accurate transaction data with correct price structure depicted from the suppliers. On the other hand, Stanley and Marsden (2013) criticises that some auditors mainly uses unethical practises to inflate balance sheet and depicts wrong financial statement of the company. Reference: Abdel-Khalik, A.R., 2013.Accounting for Risk, Hedging and Complex Contracts. Routledge. Bateman, N., Hines, P. and Davidson, P., 2014. Wider applications for lean: an examination of the fundamental principles within public sector organisations.International Journal of Productivity and Performance Management,63(5), pp.550-568. Beattie, V., Fearnley, S. and Hines, T., 2015. AuditorClient Interactions in the Changed UK Regulatory EnvironmentA Revised Grounded Theory Model.International Journal of Auditing,19(1), pp.15-36. Craft, J.L., 2013. A review of the empirical ethical decision-making literature: 20042011.Journal of Business Ethics,117(2), pp.221-259. Francis, B., Hasan, I., Park, J.C. and Wu, Q., 2015. Gender differences in financial reporting decision making: Evidence from accounting conservatism.Contemporary Accounting Research,32(3), pp.1285-1318. Griffith, E.E., Kadous, K. and Young, D., 2015. How Insights from the New JDM Research Can Improve Auditor Judgment: Fundamental Research Questions and Methodological Advice.Auditing: A Journal of Practice Theory,35(2), pp.1-22. Hassani, M., Khodayari, R. and Mehdizadeh, S., 2013. Audit ethics in international business.Advances in Environmental Biology, pp.1725-1731. Johnstone, K., Gramling, A. and Rittenberg, L.E., 2013.Auditing: A Risk-Based Approach to Conducting a Quality Audit. Cengage Learning. Mintz, S., 2016.Ethical obligations and decision-making in accounting: text and cases. McGraw-Hill Higher Education. Mironeasa, C. and Codină, G.G., 2013. A new approach of audit functions and principles.Journal of Cleaner Production,43, pp.27-36. Mitra, S., Song, H. and Yang, J.S., 2015. The Effect of Auditing Standard No. 5 on Audit Report Lags.Accounting Horizons,29(3), pp.507-527. Mock, T.J. and Fukukawa, H., 2015. Auditors' Risk Assessments: The Effects of Elicitation Approach and Assertion Framing.Behavioral Research in Accounting. Mueller-Wickop, N., Schultz, M. and Peris, M., 2013. Towards Key Concepts for Process AuditsA Multi-Method Research Approach.Proceedings of the 10th ICESAL, Utrecht, The Netherlands, pp.70-92. Peytcheva, M., Wright, A.M. and Majoor, B., 2014. The impact of principles-based versus rules-based accounting standards on auditors' motivations and evidence demands.Behavioral Research in Accounting,26(2), pp.51-72. Power, M.K. and Gendron, Y., 2015. Qualitative research in auditing: A methodological roadmap.Auditing: A Journal of Practice Theory,34(2), pp.147-165. Rouibah, K., Lowry, P.B. and Hwang, Y., 2016. The effects of perceived enjoyment and perceived risks on trust formation and intentions to use online payment systems: New perspectives from an Arab country.Electronic Commerce Research and Applications,19, pp.33-43. Serbanica, D., Radulescu, V. and Cruceru, A.F., 2015. The Role of Marketing Audit in Evaluation Sustainable Marketing Performance in Romanian Organizations.Amfiteatru Economic,17(40), p.1011. Stanley, T. and Marsden, S., 2013. Accountancy capstone: Enhancing integration and professional identity.Journal of Accounting Education,31(4), pp.363-382. Zeff, S.A., 2016.Forging accounting principles in five countries: A history and an analysis of trends. Routledge. Zipf, G.K., 2016.Human behavior and the principle of least effort: An introduction to human ecology. Ravenio Books.