Leadership - Introduction to Leadership Introduction to...

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Unformatted text preview: Introduction to Leadership Introduction to Leadership How can I How can I be a good be a good leader? leader? Leadersh ip Manageri al roles Planning Organizin g Leading Controllin g Four Manageme nt Roles were Identified Plan Organiz e Direct Control Plan Organiz e Control Lead Lets discuss an issue! Lets discuss an issue! Access the Access the following following reports from reports from Mikes Bikes Mikes Bikes Found under the Industry Reports menu Industry Benchmark Found under the Financial Management Menu Performa Funds Available Industry Benchmar k Report Market Summary Income Statement Balance Sheet Cash Flow Statement Reports to focus on: Access the link in this Access the link in this module called Results module called Results from Rollover 5 to from Rollover 5 to review a rank order of review a rank order of the shareholder values the shareholder values for all teams in the for all teams in the class class Review the Year Ahead and Scenario information Revisit firms specific strategy and tactics Communica te and make specific decisions retail selling price estimated level of sales advertising expenditures by media type PR expenditures planned production brand awareness expenditure sales promotion support retailer margins capacity versus idle time quality target versus pricing strategy repayment of loans or additional borrowing buying back shares or sale of shares and/or paying of dividends Specific decisions include: Review the Year Ahead and Scenario information Revisit firms specific strategy and tactics Communica te and make specific decisions Enter a complete set of data for this Rollover Review the proforma funds available and the forecast results Managerial roles Leadersh ip Planning Organizin g Leading Controllin g Demographics Demographics Leadersh ip Manageri al roles Planning Organizin g Leading Controllin g Benefits of Strategic Planning Provision of a road map Develop a sense of security Shape course of events and provide consistency in actions and directions Balance short-term crisis management with long-term vision and direction Encourage rational and logical thinking Develop a frame of reference for decision making Encourage creativity from everyone in the organization as they think ahead In implementing a strategic plan, a business In implementing a strategic plan, a business needs to consider the culture needs to consider the culture How culture is considered in the implementatio n of a strategic plan will determine how the organization supports or hinders elements of the plan Competitive Competitive Forces Forces Video, The Five Competitive Forces That Shape Strategy...
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Leadership - Introduction to Leadership Introduction to...

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