Term Paper Example | Topics and Well Written Essays - 1250 words

Term Paper Example 1. Supply Chain Problems in Business Organizations The external environment of business corporations is countering large amount of changes in regard to alterations in demand for the products and services by the consumer sphere. Therefore, business organizations feel the requirement of strategizing the business operations in strict adherence to changing market demands. Supplies of goods and services must reach the end consumer on time. Furthermore, the manufacturing and supply chain operations need to be carried out with a focus on the changes in the demand sphere. Absence of demand driven supply chain systems for business organizations tends to make the production activities obsolete, leading to a loss of productivity, profitability, and blockage of working capital (Tai, Ho, and Wu 5397-5398). 2. Concept of Transformational Leadership Transformational leadership or the ability to transform focuses on incorporating a visionary approach in dealing with a change or alteration of the pre sent state of operations or conduct. Such visionary approach implies that the transformational leader focuses on generating key strategies based on objectives the organization is to achieve. A transformational leader is required to work on effective communication to help people working at different levels to receive a clear understanding of their way of approach. Such enhancement of the communication activities helps in generating confidence in the minds of the people to work collaboratively in the atmosphere of change. The change leader is required to reflect on the benefits the people and the concern will accrue in regard to the change process. Such transparency in communication between the leader and the subordinate groups instills confidence and, therefore, motivates the people to work more productively (Chen, Preston, and Xia 258-259). The transformational leader in regard to business organizations is found to incorporate the systems of information technology to enhance the wor king potential of the firm. The incorporation and use of information technology on a mass scale helps the firm to augment the level of resource utilization in achieving key managerial objectives. The transformational leader observes that the use of information technology in regard to business operations helps enhance the skills of the employees and efficiency of business processes. The alignment of information technology with the firm’s operations helps the concern enhance the operational and business processes, helping them to meet market demands effectively. The transformational leader gains efficiency in aligning the information technology incorporated with human and other organizational resources in different departments and levels. Transformational leaders are thereby required to effectively train, and communicate to, the people based on new objectives and skills to be gained to achieve the objectives underlined. Therefore, transformational or change leadership is a dema nd-centric approach which works best when focused on changes or alterations in the market demand for the services or commodities (Grant 471-472; Defee, Stank, Esper, and Mentzer 70). 3. Transformational Leadership in Generating Business Solutions The following segments reflect the transformational activities involved in supply chain systems, which an organizational leader can effectively

Owning My Own Assignment Example | Topics and Well Written Essays - 750 words

Owning My Own - Assignment Example Social responsibility in business also ensures that the company has a positive impact on its customers, stockholders, community, employees and the environment. Social responsibility helps guide a business on its mission and what it stands for and will uphold for its consumers, employees, stockholders and the community (Werther and Chandler, 2010). Discussed below are ways and procedures put in place to ensure that incorporation of self responsibility in business will satisfy consumers, employees and stockholders. Consumers are a vital part of business since they purchase the company’s products. To ensure social responsibility on consumers, the company has to strive and produce high quality and standard goods. In ensuring the quality of products, a company addresses ethical and quality standards expected in business (Werther and Chandler, 2010). A company has to produce high quality products which meet the satisfaction of the consumer. The products should not be harmful to cons umer health. The company should also meet set standards expected of the product. It should offer the product at fair prices to their consumers. In order to meet consumer social responsibility, a company should have a quality control department that checks on the product and service quality. By having a quality control department, the company addresses and ensures consumer satisfaction by producing quality products and services to its customers. Employees provide the company with the workforce or labor needed for creation of products and services in the business. In pursuit of the business missions and goals, social responsibility incorporates employees. A company should be able to ensure that its employee’s needs become met. Social responsibility in ensures that matters such as employee remuneration, bonuses, hiring and training or education get addressed (Werther and Chandler, 2010). A company should ensure that its employees get paid in time and according to labor laws. The company should be able to meet the required labor laws. The company should also enhance employee training and education. Employees should get to attend workshops and seminars to gain more knowledge in order to produce quality products and services. Hiring of employees should be conducted as par the companies required rules and regulation and only qualified candidates should become hired. To ensure that employee social responsibility is met within the business, the company should set up a human resource department which should look up at all matters concerning employees. Stockholders refer to persons or corporation that own shares or equity within a company. The expectation of a stockholder is that the company makes a return on investment (Werther and Chandler, 2010). Stockholder may also be referred to as shareholders or owners of the company. Social responsibility in business gets concerned with ensuring that the expectations of stockholders are met. To ensure that the stockholder s get return on their investment, the company should seek at ways of maximizing its profits. To ensure maximum profits, the company should employ competent management that runs the company smoothly and ensure that it competes fairly and effectively. The company management becomes encompassed with the responsibility of ensuring that all departments work hand in hand to ensure that the company is successful financially to maximize profits. Profits become