MGT557 Leading The Company Of The Future Assignment Sample SUSS Singapore
Companies today are not just experimenting with how they approach the competitive marketplace of products, services and experiences; but also considering what type of social glue will make their employees want to stay. They’re rethinking structures that were once thought of as static entities for them all to work together more effectively – both inside a company’s walls (so-called continuity) as well externally through partnerships that can provide surpassing advantages over competitors who don’t think outside these traditional boundaries.
The future of work is now beginning to take shape. With the rise of Artificial Intelligence and automation, companies are being forced to adapt for them not only to survive but thrive as well! This course will teach you how to design your company’s leadership strategies so that it can continue adapting to change while still meeting goals set forth by management throughout time.
MGT557 Leading The Company Of Future examines all aspects from managing people through leading a team effectively–to overcoming challenges faced when implementing new technologies into an organization. This course will provide you with the skills and knowledge necessary for not only managing a company today but for leading a company into the future.
The course will help students understand how to manage complex challenges in their organisation. They’ll be equipped with the knowledge, frameworks and tools needed for innovation-driven organisations where everyone has an entrepreneurial mindset.
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Assignment Task 1: Appraise “head and heart” of everyday leadership, individual decision making, group decision making, and manage motivation
The “head and heart” of leadership refers to the ability to rationalize and make logical decisions, as well as the ability to empathize and connect with others. To be an effective leader, you need to be able to do both.
In terms of everyday leadership, this means being able to make quick decisions based on logic and reason, while also being able to understand and relate to the people you are leading. It’s important to be able to manage both sides of this equation, as they are both essential for effective leadership.
When it comes to individual decision making, the head is primarily concerned with making sure that the decision is rational and well-thought-out. The heart, on the other hand, is more concerned with making sure that the decision is emotionally intelligent and will resonate with others.
Group decision making is a bit different, as the head and heart need to be in balance to reach a consensus. In this case, it’s important to consider both the logical and emotional implications of any given decision.
Finally, motivation is another key element of leadership. The head is concerned with setting clear goals and objectives, while the heart is concerned with inspiring and motivating others to achieve those goals. Again, both sides are important for effective leadership.
Assignment Task 2: Assess the priorities in negotiation, feedback and coaching, conflict management, and lead high impact changes
The priorities in negotiation, feedback and coaching, and conflict management are to lead high impact changes that can result in an organization’s success. To achieve this, it is important to maintain focus on the goal or objectives of the organization and work collaboratively towards a common goal. It is also necessary to have trust and honest communication among team members to successfully resolve conflicts. Finally, providing effective feedback and coaching can help individuals reach their full potential and contribute positively to the organization.
The priorities in negotiation, feedback and coaching, conflict management, and leading high impact changes may vary depending on the situation. However, some general tips that can help assess these priorities include:
- understanding the goals of each party involved
- understanding the interests of each party involved
- communicating what is important to each party involved
- actively listening to each party involved
- seeking common ground between parties
- being willing to compromise when necessary
- being assertive and standing up for what is important
- being open to feedback and learning from mistakes.
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Assignment Task 3: Design structures, processes, and systems that can deal with the many complexities and challenges associated with organisational life
Organisations can be thought of as living things – they grow, change, and respond to their environment. To thrive, organisations need structures, processes, and systems that can deal with the many complexities and challenges associated with organisational life.
One of the biggest challenges is dealing with ambiguity and chaos. In a fast-paced, ever-changing world, it’s impossible to have all the answers or control everything. Organisations need flexibility and the ability to adapt quickly to survive and thrive. This means being able to make decisions in a chaotic environment, and also being able to learn from experience and change course when necessary.
Other important factors include effective communication, trust between team members, clear goals and objectives, and a shared sense of purpose. A well-designed organisation takes all of these factors into account and strives to create a culture and environment where employees can flourish.
Assignment Task 4: Create organisational change, with an understanding of organisational culture and decision-making, including decision-making pitfalls and ethical traps
There are a few key things to keep in mind when trying to create change within an organisation, especially when it comes to organisational culture and decision-making.
First, it’s important to understand the culture of the organisation and how decisions are made. Often, some ethical traps and pitfalls must be avoided to successfully make a change. For example, micromanaging or trying to take control of decisions that are not yours can often backfire and lead to resistance from those who are already comfortable with the way things are done.
Second, effective communication is essential for creating change. This includes setting clear expectations and explaining why changes are being made in a way that is relevant to everyone within the organisation. It’s also important to listen to feedback and allow for open dialogue so that everyone feels heard and respected.
Finally, it’s important to have a plan in place for how the change will be implemented. This includes setting timelines, assigning responsibility, and ensuring that there are adequate resources in place to support the change. Trying to make too many changes at once can often be overwhelming and lead to failure, so it’s important to take things one step at a time.
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Assignment Task 5: Recommend strategies and practices for leading in a future-forward manner
There are a few key things to keep in mind when leading in a future-forward manner:
- Be open to change and new ideas. The world is constantly changing, so it’s important to be open to new ways of thinking and doing things.
- Stay informed about current trends and developments. Keeping tabs on the latest trends and developments will help you stay ahead of the curve and be better prepared for what’s to come.
- Anticipate potential challenges and roadblocks. It’s always good to be prepared for potential challenges and roadblocks that may arise down the line.
- Plan for the long term. Thinking long term will help you stay focused on the bigger picture and ultimately be better equipped to lead in a future-forward manner.
- Be flexible and adaptable. Things will inevitably change, so it’s important to be flexible and adaptable in your approach.
Assignment Task 6: Formulate innovative and entrepreneurial business decisions related to high-impact leadership
High-impact leadership is all about making decisions that are innovative and entrepreneurial. This means that you need to be constantly thinking about ways to improve your business and push it forward. To do this effectively, you need to have a strong understanding of both the current market trends and the future potential of your industry. There also needs to be a high degree of confidence in your abilities as a leader; without this, it will be very difficult to make the tough calls that are often required in business.
Finally, always remember that employees and customers are often the best sources of new ideas, so make sure to create an environment where they Feel free to share their thoughts and suggestions freely. By following these tips, you should b well on your way to making high-impact decisions that will help take your business to the next level.
Assignment Task 7: Develop critical and analytical thinking skills
One of the best ways to develop critical and analytical thinking skills is to read a lot. Read books, articles, and anything you can get your hands on. Try to engage with the material by asking yourself questions about what you’re reading. What are the author’s main points? Are they well-argued? What evidence or examples does the author provide? Is there another perspective that could be explored?
Another way to develop critical thinking skills is through questioning everything you hear and see. Don’t just accept things at face value – ask yourself why something is the way it is, and whether there might be another explanation. Be open to different viewpoints and don’t be afraid of change. Critical thinkers are adaptable and can change their minds if presented with new evidence or arguments.
Finally, practice brainstorming and problem-solving. Come up with different solutions to problems, and think about how you would go about implementing them. Be creative and don’t be afraid to think outside the box. The more you practice thinking in this way, the better your critical and analytical thinking skills will become.
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