Blog 2- My development as a future leader

Leadership is the process of influencing others to understand and agree about what needs to be done and how to do it (Yukl,2010:26). Leadership is not only about the leader, it is also about how an individual builds confidence in his team. (Leading In a Changing World, 2012)

Leadership plays an important role in the business environment. There are different types of leadership some of them are:-

                                        Fig 1. Types of leadership style.

All leadership have its own importance where as I come from a country where autocratic leadership style in this leadership the power is in manager’s hand he takes all the decision in the team. Where as in United Kingdom democratic leadership style is used in this leadership style power is in the group they interact with each other and make decision.

My leadership brand

Academic theories helped me in developing my leadership skills. The  most important thing I learnt here is to have patience and dedication towards the work this is an symbol of a good leadership. Activities run during our seminar helped me to develop my communication skills. While managing activities during MBA that helped me to adopt transformational leadership.

                                     Fig 2.Transformational leadership

With the skills I learnt in academic that helped me to recognize difference between autocratic and transformational leadership. Working with in a team and working with the team members from different culture this added many more things to my knowledge. I was changing according to the situation as I had never worked in a team I came to know how efficiently work can be done in a team. Team members always motivated me this helped me to work effectively and helped me to manage situation and the upcoming challenges.

                                     Fig 3. 4v’s ethical model of leadership

 According to Bill Grace, 4v model of ethical leadership ethics plays an important role in leadership. With the help of 4v model I understand how the values, virtue, voice and vision are important in building a strong and ethical leader this model help me to pursue and fulfill my ethical leadership style. In order to developing myself as an future ethical leadership I am working on my own core values which will help to reach my goal as a future ethical leader. It also helped to set a clear vision towards my way to success.

Relevance of Leadership Brand to my Career

In my home country we have a family business I started working from the age of seventeen we are into retail clothing business. I decided to pursue MBA as my goal is to expand my retail business into manufacturing business.  After completing my MBA my goal is to work in the top clothing industry of United Kingdom. As the nature of business is changing throughout the world currently the business environment in UK is dynamic in nature. As I mention in blog 1 how BREXIT has affected the business of Jaguar Land rover they should make an action plan and take decision for the future uncertainty.

After few years of job experience in UK I want to set up a manufacturing unit in my home country. In my country we have autocratic leadership style but I would like to approach transformational leadership helps to take decision and work in the team with a mutual understanding and this leadership style add value for creating a clear vision for success.

Current strength and development needs

                             Fig 4. Belbin’s team roles

Belbin’s team role is an effective way to know the strength and weakness of a team this helps the team to improve the performance of team (Belbin, 2012). According to Belbin’s team role model I am a Co-coordinator and team worker every team member has different qualities and different thoughts this makes the team. The team roles describe the characteristics and behavior of an individual for the progress of the team (Belbin, 2012).

According to the feedback from the team members one of the strength I have is to work in a team I prefer to work in a team rather than working alone. Working in a team listening to others thoughts and ideas makes the work more efficient. And weakness is not having a patience and lack of self confidence I get stress easily but while working in a team I am improving those skills.

Development plan

Listening to others is also one of my strength so sometimes it helps me to overcome on my weakness.  As the feedback we got from the team members rather than criticizing the feedback we should take those in a positive way and work on the feedback because of my team members my patience are increasing. On the other hand using my own ideas I can improve my confidence to perform well by sharing thoughts and ideas with my team members this is increasing my confidence. Before going to professional life I am planning to develop these skills. I am improving myself and soon my weakness will convert in one of my strength.

References

Belbin, 2012 Team Roles at Work. Routledge

Leading In a Changing World. (2012). Theories and Models of Leadership and Management. [online] Available at: https://culcmsralte.wordpress.com/2012/04/01/theories-and-models-of-leadership-and-management/ [Accessed 21 Nov. 2019].

Yulk, G. (2010) Leadership in Organizations. 7th edition. New Jersey: Pearson Prentice Hall

Blog 1:- Change management

Change is the process that requires efforts not only from leaders and management but also from the employees to be a part of change process. Change is the key to success while analyzing the operations of the organization.

BREXIT and Changing dynamics of business environment

In the year 2017, British government decided to leave the European Union but the implementation is still uncertain. ‘BREXIT’ has impacted the operations of different agencies and companies working in United Kingdom. BREXIT can have different impact on different sector. Automobile industry is a star performing industry of United Kingdom compared to other manufacturing sector the output of this industry has increased by 60% from the year 2010 (Bailey and De Propris, 2017).

In the past five years £8 billion has been invested in automobile industry and this industry serves 800,000 jobs in UK (Bailey and De Propris, 2017).” Around 80% of the car manufactured in UK are exported to EU and the two third cars are sold to those countries which has a trade deal with EU” (Campbell, 2019).

According to SMMT 2019, report there will be reduction in on traffic barriers between UK and European automobile sector. “Automobile sector is the main pillar of UK’s economy as it contributes 12.8% in the export of UK goods” (SMMT, 2019))

More than 8 out of 10 cars manufactured in UK are exported to the European countries on the other hand, less than 4 out of 10 cars manufactured in EU27 are exported (Acea.be, 2018)

Impact of BREXIT on Jaguar Land Rover

The estimated sales growth of UK’s automobile industry is 3.2% as the result of BREXIT there is a downfall in a growth by 1%. UK is a huge and major market for automobile industry. The company like BMW is planning to close the plant near oxford on the other hand Honda is planning for 6 days closure. (Hotten, 2019)

Jaguar land rover is UK’s largest carmaker company. Due to uncertainty of BREXIT the company decided to cut the jobs by 4500 to plan £2.5bn of cost savings. (Hotten, 2019).
https://youtu.be/Bwvd5HRZnJo (ITV News, 2019)

”No deal BREXIT” can cost the company more than £1.2billion profit each year. As the sales of the company in the previous year were up 8.4% which is reduced to 3.7% down compare to previous year and Europe sales has decreased by 4.5% due to the diesel uncertainty of BREXIT (Jaguarlandrover, 2018). Company imports the parts required for manufacturing from different part of Europe more than 40% of parts used for manufacturing cars are imported. Company imports 20 million parts everyday from European countries (Jaguarlandrover, 2018).

Solution to tackle the uncertainty of BREXIT

Change is the essential and important need of every business. As the company is dependent on other European countries for the manufacturing parts the company cannot change the supplier easily but due to uncertainty of BREXIT company should look for the alternative suppliers as it has become the basic and important need of the company. For every manufacturing company stable growth is the basic need from sales perspective and it is only possible having an unsaturated market available for the automobile manufactures, rather than depending on the European market.

‘No deal’ in this situation there is a need of the company to adopt proactive approach to deal with the uncertainty situation. As the company is UK’s biggest car manufacturing company cannot be dependent on the future scenario they should have a backup plan to face the future circumstances. In this case we can use Fayol 5 elements of management. Company should plan according to the future uncertainty and organize things whenever needed in the future.

Action plan for the change

Change is an essential and most important factor for the company to be stable in a competitive market. In this situation there is a need of kotter change model suits the current situation of the company.

Create urgency as the company relay on European market for the parts to manufacturing the cars so to ignore the future additional cost due to BREXIT this can impact overall industry. There is a need to have an alternative option and the company should develop powerful vision for the change process whether the deal or no deal takes place. Clear objective in required for the sake of the company and to communicate with the vision for the future uncertainty. In this case a good leadership quality can be helpful for the change management.

Learning outcomes

The overall business will be affected due to BREXIT. The process of change is not one time as the changes can occur any time in any way as BREXIT so other than this a company should change according to the new trend as it is a long term process. And change requires patience and good management skills on the other hand vision plays an important role and it add value effectively to achieve certain future goals.

References

Acea.be. (2018). Motor vehicle trade between the UK and its main EU partners | ACEA – European Automobile Manufacturers’ Association. [online] Available at: https://www.acea.be/statistics/article/motor-vehicle-trade-between-the-uk-and-main-eu-partners [Accessed 20 Nov. 2019].

Bailey D. and De Propris, L. (2017). Brexit and the UK Automotive Industry. National Institute Economic Review, 242(1), pp.R51–R59 [20 November 2019]

Campbell, P. (2019). No-deal Brexit an ‘existential threat’ to UK car industry. [online] Financial Times. Available at: https://www.ft.com/content/912856f0-afbe-11e9-8030-530adfa879c2 [Accessed 20 Nov. 2019].

Hotten, R. (2019). Brexit: Jaguar Land Rover extends shutdown over no-deal fears. BBC News. [online] 24 Jan. Available at: https://www.bbc.co.uk/news/business-46993480 [20 November 2019].

Henley, J. (2018). How would a no-deal or hard Brexit affect Jaguar Land Rover? [online] the Guardian. Available at: https://www.theguardian.com/business/2018/jul/05/how-would-a-no-deal-or-hard-brexit-affect-jaguar-land-rover. [20 November 2019].

ITV News, 4,500 jobs are to go at Jaguar Land Rover (2019). 4,500 jobs are to go at Jaguar Land Rover | ITV News. [online] YouTube. Available at: https://youtu.be/Bwvd5HRZnJo [Accessed 1 Dec. 2019].

Jaguarlandrover.com. (2018). Jaguar Land Rover – Annual Report 2018/19. [online] Available at: http://annualreport2019.jaguarlandrover.com/\

SMMT. (2019). UK Automotive Industry -SMMT. [online] Available at: https://www.smmt.co.uk/industry-topics/uk-automotive/.[20 November 2019]..

SMMT. (2019). UK Automotive and the UK Economy – SMMT. [online] Available at: https://www.smmt.co.uk/industry-topics/economy/uk-automotive-and-the-uk-economy/.[21 November 2019].

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