Making the organisation lead in the market is the vision of most companies who are growing. They want to increase their market share and gain competitive advantages among their competitors. There is the link between strategic leadership, organisational direction, change management and skills while applying knowledge in the company. These are very important to be the leading organisation (Cummings and Worley, 2014). By this the business will be able to achieve all its set, desired and targeted objectives. Changes in the management styles are needed to be made in accordance with the situations if not then the firm will have to face some negative impacts in their working. Marks and Spencer who is the company which has the vision of being the leading organisation in the retail industry. They are in the need of change because of facing the very strong competition from its competitors. Their aim is to give the best quality to their customers and make them satisfied. They spent too much amount of money in their advertising process for the better marketing (Bourda, 2013). They need to give information about the company's objectives and goals to the employees. It will help them to give better performance. The cited company is not working in the direction of following the fashion trends which has affected them by decreasing their market share. It has also made their customers dissatisfied.
By satisfying the customers the cited company will be able to increase their revenue and which will eventually lead to increase in their market share. For gaining these advantages the company will have to bring some changes in their management styles. They can adopt some models and theories to bring the changes (Anderson, 2016). Strategies of the M&S will also change if some change management is adopted in the organisation. Strategies are linked with the change. The business not changing its strategy with the situation will make them face the conditions which will be not good for them. They will have the whole planned process in the change management to achieve all the targeted objectives and goals. By this the cited company will be able to follow all achieve their vision of becoming the leading organisation in the retail industry.
M&S will also need some leadership styles to be followed in the organisation. There are many loop holes in their working styles which stops them to lead the market. A leadership strategic and development plan is needed to be made to achieve firm's strategic goals.
Change management is the process which is brought within the business to manage change according to the different situations. It is necessary to bring development which makes the company to lead in the market (Burke, 2017). These changes are to managed very carefully because if not handled and monitored carefully then they can bring some negative impact on the company instead of positive. On the other hand leadership styles are the methods or measures which are adopted by the leaders of the organisation to handle and lead the activities in better way. Both the change management process and applying leadership styles are linked with each other to achieve the strategic objectives of M&S. These styles of both the process are very important to be adopted within the different situations of the firm for bringing some development.
Different situations within the company.
These are some situations within the organisation which needs change management and leadership styles to be adopted. This will help the cited firm in their mission of becoming the leader of retail industry in the market.
Impact of styles on organisation's strategic decision making.
Decisions which are made for the term which is long and only made by the senior authority managers are known as the strategic decisions. These decisions can change the whole systems of the company. Strategic decisions are the lifeblood for an organisation to develop more in the market (Antonakis and Day, eds., 2017). That's why they are to be very carefully made only after doing the proper research. There are various impacts which the change management and leadership styles will have upon the strategic decision making. Those impacts are as follows:
These are some impacts of the change management and leadership styles which they have upon the strategic decision making. This will help the cited organisation to be the leader in retail industry which is their mission.
Strategy for the change management is the plan which is made for bringing some change in the company for their further development (Shirey, 2013). Effectively implementing this strategy will achieve all the objectives which are targeted with the process of change.
Change management strategy.
This strategy can be made by using some theories and methods of change management and leadership.
Lewin's change management model
This model give the three process which are to be followed in M&S to manage the change to be adopted in better way. Those three stages are as follows:
Lewin's leadership styles
In this model three types of leadership styles are discussed. These styles are beneficial in making and implementing change management strategy. Those styles are as follows:
Link of the theories with the extensive changes to be introduced.
The theories which are discussed above are linked with the changes which M&S want to bring. Those extensive changes are as follows:
These are some extensive changes which are to be made within the cited business. It will be effectively implemented by the usage of suitable change management theory and leadership styles.
The leadership skills can be developed by using various methods which are as follows:
These are some factors which will work in the direction of making the leadership skills developed. These skills are very useful to cope with all the situations which occurs in the cited organisation at the time of change.
Usefulness of development methods.
There are many benefits of the methods which are used to develop the leadership skills. Those advantages are given below:
These are some benefits of using developing methods in the leadership skills. These advantages received by the company will make them eventually lead in the market.
Change management theories makes the process of change easier. There are many activities which are done in this management. That's why the theories are needed to be used. This models tell the exact procedure which is to be followed in the change management. The model which is used by the M&S is very effective (Nahavandi, 2016). It will definitely bring positive changes in their working styles. The three stages of the model will make the company to gain and meet all the set and targeted objectives through the change.
Leadership styles which are being used in the company will give various advantages to them. Each leadership style have the characteristic of handling the different situations in the company. These styles are to be used very carefully because it also as some negative effects. Some can work as demotivate for the employees. It is to be selected in accordance with the different conditions which occurs in the cited organisation. Leadership styles makes the firm to use all the methods which will be suitable for handling the situation (Hayes, 2014). Proper usage of all the styles will make the company to grow in the market and become the leader in retail industry.
These are some findings which shows that theories and models are very important to applied when company is planning to bring some changes in their working style.
This report concludes about the changes which are to made within the organisation. There are many theories and models which can be adopted in the various situations. Those theories are of change management and leadership styles. These modules state the exact procedure to be followed while implementing the change. These styles affect the strategic decision making process of the cited company. They do many activities which are important to be analysed while making the strategic decisions. Change management strategy is necessarily to be made while implementing some change. It will be obviously needed for making the organisation lead in the market. That's why the made strategies are linked with the extensive changes which are to be introduced within the firm. There are some leadership skills which needs to be developed in the company by using various methods. These measures are very effective because gains many advantages for the business. These benefits eventually leads the organisation to be the market leader. This will increase their market share. This states that change management, leadership styles, strategic decisions and objectives of the firm are interlinked with each other. They ensure the success of M&S in the future.
Books and Journals
Anderson, D. L., 2016. Organization development: The process of leading organizational change. Sage Publications.
Antonakis, J. and Day, D. V. eds., 2017. The nature of leadership. Sage publications.
Arnold and et.al., 2015. Leadership styles, emotion regulation, and burnout. Journal of Occupational Health Psychology, 20(4), p.481.
Benn, S., Dunphy, D. and Griffiths, A., 2014. Organizational change for corporate sustainability. Routledge.
Bourda, F. M., 2013. Change management theories and methodologies. Tata Consultancy Services, pp.4-11.
Burke, W. W., 2017. Organization change: Theory and practice. Sage Publications.
Cummings, T. G. and Worley, C. G., 2014. Organization development and change. Cengage learning.
Doppelt, B., 2017. Leading change toward sustainability: A change-management guide for business, government and civil society. Routledge.
DuBrin, A. J., 2015. Leadership: Research findings, practice, and skills. Nelson Education.
Hayes, J., 2014. The theory and practice of change management. Palgrave Macmillan.
Kuipers and et.al., 2014. The management of change in public organizations: A literature review. Public Administration, 92(1), pp.1-20.
Lussier, R. N. and Achua, C. F., 2015. Leadership: Theory, application, & skill development. Nelson Education.
Nahavandi, A., 2016. The Art and Science of Leadership -Global Edition. Pearson.
Northouse, P. G., 2017. Introduction to leadership: Concepts and practice. Sage Publications.
Shirey, M. R., 2013. Lewin’s theory of planned change as a strategic resource. Journal of Nursing Administration, 43(2), pp.69-72.
List of Leadership Skills. 2015 [Online]. Available through: <https://www.thebalance.com/leadership-skills-list-2063757>.
just share your requirements and get customized solutions on time
offer valid for limited time only*
someone in is bought