Unit 7001 - Personal development as a strategic manager

PERSONAL DEVELOPMENT AS A STRATEGIC MANAGER 7001

LEARNING OUTCOME Introduction: The world largest Foods Company which is known by the name of McDonalds is operating more than 119 countries and it has more than 1.5 million employees in its about 31,000 restaurants. And the raw material, finance and other resources are often use of franchisees. This organization used many kind of combined strategies and planning for its success and for its growth to get maximum market shares. Be able to identify personal skills to achieve strategic ambitions 1.1Analyse the strategic direction of the organization Any organization only can survive in a competitive market only if it has good marketing plans that are highly related to the current market. Sometimes a strategy may be look good but this cant be enough for the success of the business and to increase profitability. So these types of strategies are not applicable in the organization where different cultures and different employees with different minds. And it searches the talented people from the whole world for its success. And due to relation with different countries they also come with different cultural values, different languages, ethnicity and education. But these organization manages how to sale products in the competitive market without affecting the cultural environment and its sensitivity. For example the Indian people did not eat meat. So McDonalds sue to some religious reasons. And they view the cow as a deity. So in Indian market the McDonald did force its employees to produce the meat and beef burger as they produce for Americans. So they introduce vegetable burger in Indian markets. And there are also different taste and cultural differences. So companies design the goods to meet the differences. And people like their attitude towards production of such goods. And they also take in mind the religious and traditional days. And this increases its sales and market shares.

1.2Evaluate the strategic skills required of the leader to achieve the strategic ambitions

The ability of any person to influence a group of people toward the accomplishment of said objectives or vision. It is called leadership. And the people who use and appraise the employees for achievement of such goals are called the managers. And the managers are the person who always trained the people. Develop emotional intelligence skills and communication skills. And after the completion of task appraise the subordinates. So it is very difficult to focus on creating technical and rational thinking skills. And there are too many factors that always there to disparate the focus and thinking. McDonald did not use the strict rules and processes for its employees behavior towards their jobs. He thought the precision and stable labor force that employees are the basic factors of production. Given the correct rules and procedures, it was thought that employees would fall into line, and hence management and leaders could focus on the technical and rational aspects of the organization, and did not have to be overly concerned with employees or affective issues. 1.3Assess the relationship between existing, required and future skills to achieve the strategic ambitions: There are sometimes organization has too much difficulties to find the skills of its employees. And we also type the specific skill on the curriculum vitae in which we have great skills. It is not necessary that you have only one skill. There are many skills in every person but they cannot express them. And you are lacking of these skills than try to refine the skills that you have. And try to develop these skills because these are beneficial for you throughout the life.

LEARNING OUTCOME 2 Be able to manage personal leadership development to support achievement of strategic ambitions 2.1 Discuss the opportunities to support leadership development over the past several decades, organizations leadership development programs have often led to the bad combination of high costs and mediocre results. But when the nature of a challenge is itself First of all everyone has to find the reason and understand the relationship between them. And then we solve them to find the reality. And when we have to develop the leadership we should have to learned the informal and societal approaches and opportunities.

Kick Offs. It means that held one or more meetings to getting everyone on the same page. And it is necessary for the accomplishment of goals. And it is the first step for any organization like McDonald. And it convey the whole strategy in the meeting and for the long-term benefits and development of the organization. Pre Assessments It means that you have made a prediction about the skills, personality and characteristic for a comparison in the future. Core Curriculum These gave a chance to the new employees to learn about the new competencies that are beneficial for them Coaching and Mentoring. When there are leadership programs are developed there are one or m o r e l e a d e r s w h o t a u g h t yo u t h e o l d s k i l l s a n d a l s o t h e n e w s k i l l s . For this purpose they held trainings. And informal advice is more helpful for leading and emerging leaders. Action Learning In the real world the main purpose is developing the leaders. In some cases this can even p r o v i d e d i r e c t b u s i n e s s v a l u e a s a s e c o n d a r y b e n e f i t o f t h e development program. Social Learning Social learning means training within the time and naturally on the classrooms or in the e-learning. And the topic must be in touch between the experts and participants. S h a r e applications of new skills in a variety of real-life contexts, and brainstorm approaches to the most challenging situations. Post-Assessment After the core curriculum is concluded, the results of a post assessment can be used to compare with the pre-assessment, to help verify that behavior changes will actually result from the program. After all, a development program is only as useful as the behavior changes it produces.

2.2 construct a personal development plan to direct leadership development

When a person of company makes a plan to check it own style of leadership and working style. It develops a self-made test with online personality test. Then it will be enough to check its personality and to develop a career path for future. And that will develop its skills and for meeting of objectives that are suitable for it future developments. And there is also much type of personalities that can be used for career development and are differentiate you from others. 2.3 Devise an implementation process for the development plan: This plans able us to get our goals and this also make it clear that what is to do and what is to avoid. And for this some professional qualifications are needed for concentration and attention like f i n a n c e a n d t i m e . A n d i t a l s o p r o v i d e s t h e c h a n c e s t o e m p l o ye e s t o show their skills and if they do so they will be awarded and appraised with high designations. If there are two accountants in the firm there is always a competition between them and if ones job is changed then he will not pe rform as well earlier. And will be difficulties for him to learn the new job activates.

LEARNING OUTCOME 3: Be able to evaluate the effectiveness of the leadership development plan 3.1 Assess the achievement of outcomes of the plan against original objectives: By previous some years all firms have to face the property right incentive and McDonald is also included in these firms. And firms getting more profit by stocking the goods. And this stocks options is always depends on the responsibility of the firm and the accomplishment of the goals and implemented planning. And the McDonald give chance its employees to take the shares of its and become the partner of it. And they can become the partner if they invest five times more than their basic salaries. And it also says that you can also get 30% bonus every year on your personal skills based. And this is the main edge of McDonald at its competitors. 3.2 Evaluate the impact of the achievement of objectives on strategic ambitions: Strategic ambitions are directly influence the purchasing and junk food habits. And in 1970s there were some scientific research that eating too much fibers decrease the chances of cancer. But this was not enough to increase the sales immediately. But in 1984

some cases appear that high fiber users have great protection against the cancer. And almost 2 million households starts eating fiber than fats, food, fruits, skim milk, poultry and fish. But it is not necessary that all research based on scientific research and not all true and good for health. And after those companies say that milk consumption is good for little children and athletes that make their bones strong and increase their fitness. And also decreases the chances of heart attack and stomach problems. And for also increasing the sales companies hire the well known personalities and pay them to act in ads for the promotion of the food products and other nutrition.

3.3 Review and update the leadership development plan: Annual Review of Management Performance After the meeting the committee approves the annual goals and objectives of the CEO. And to check the performance there will be a person member of the governance committee as well as the member of the compensation committee. And every year there is held a meeting among them and they check the performance of the last year and makes planning for the next year. And in this meeting the salary the directors establish the CEOs salary and the bonuses for him. Cession Planning The board of directors not leaves the CEO alone they regularly check its planning processes and their implementation for short-term and long-term objectives. Boards of directors are responsible for the selection of CEO. And a good CEO makes the strategies those are good for the business point of view. And directors also check the performance of the subordinates of the CEO.

LEARNING OUTCOME 4

Be able to advocate a staff welfare environment that supports organizational values 4.1 Evaluate the impact of corporate commitment to staff welfare on organizational values McDonald is a well known multinational company and it has more than one million employees and from 2000 to now one of eight member of American nation has work for

this firm. The main problem for the McDonald was salaries of the labor. He decided to improve its labor by technology and it replaces the human labor. And he decided to use youthful labor and that was proved very beneficial for it. And they develop good relation with their customers and raise the sales every year. And they also start the campaign for popularity of its products. 4.2 Discuss how a staff welfare environment can affect achievement of organizational objectives: Community and family values? When McDonald gets success in the America he started expansion in late 1960s in medium size towns. And it appeals to cleanliness and provide friendly services to the white customers. And in 1969s the community of black people boycotts the McDonald products and protest against the new opening retardants of its. And due to this McDonald suffers from losses and its income was reducing. And its image was also damage in the market and the relations with the customers was turn around 4.3 Consider the influence of a corporate commitment to staff welfare on the development of organizational values: We also assume that good relation and experiences affects these results positively and Aspects of Team Experience Experiences are perceived by providing social support, harmony and cohesion with good relations. And being respect by the subordinates and communication of ideas freely among each other. Conclusion: T h e M c D o n a l d s a r e v e r y k i n d t o t h e i r c u s t o m e r s a n d e m p l o ye e s . H e s a v e s m o n e y f o r i t s e m p l o ye e s b e n e f i t s l i k e h e a l t h a n d c a r e . A n d d u e t o t h e s e t yp e o f s o c i a l w o r k s i t a b l e t o g e t a n e d g e o n i t s competitors and he was leading company in1970s. And when there was a fall in the food business it uses its most superior resources and continues its business at different areas of the world and get grow slightly in all fields. And now the McDonald is the most popular organization of the world and it is able to response to its all customer who are its current customer or the potential customers. B u t a s o n e o f t h e m o s t p o w e r f u l businesses in the world, McDonalds can pretty much do as it pleases- an advantage that has come to characterize the history of the business