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Showing posts from May, 2017
A635.8.3.RB - Transformational Strategies                In both of the videos, leadership realized they had to make a transformational change and they had a lot to learn in the process. Both of these individuals learned a valuable lesson that cannot be taught in a textbook, they both learned lessons of leadership through real life experiences of trial and error, success and failure.                McIngvale (2012) explained that he realized there was a need for change in his furniture store and transformational change was dependent on the company surviving. First, he did research and reading to inspire and motivate the change. Then, he trained his employees using up to date technology to follow up, communicate, and personalize individual experience in the store to bring up sales with customers. His change in business practice boosted sal...
A635.7.3.RB - INSEAD Reflection             The video and the brief discussion on self-managed teams are insightful and interesting because this is not a new concept, yet many organizations do not carry out the process because it requires teams to work without micromanagement. Markova, Perry (2014) explained that self-managed teams often lack formal mechanisms to persuade individual participation and each team member is expected to contribute. In addition, members often have equal rights and performance duties and these rights and duties create unique team dynamics. Tesluk (2008) explained that self-managing teams are not a new phenomenon and self-managing teams have a formal responsibility to decide how they will manage their work and get it done.             There are several benefits for self-managing teams which include: 1.       Indepen...