Answer To: Leadership and Team Building Leadership and team building has been viewed as two entirely different...
David answered on Dec 21 2021
Leadership and Team Building
Running Head: LEADERSHIP AND TEAM BUILDING
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LEADERSHIP AND TEAM BUILDING
Leadership and Team Building
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Leadership and Team Building
Role and Function of Leadership when Organisations are merged Together
Leadership is paramount during the merger process. Therefore, organisations that seek on ensuring successful union should ensure that effective leadership styles are in place. However, various obstacles such as: poor financial performance levels, loss in productivity, clash in management between parties, and ineffective integration; tend to reduce the likelihood of successful mergers between organisations. In that case, effective leadership helps in reducing such obstacles when organisations merge and ensure a successful transition (Smith, n.d, pp. 2-3). Additionally, effective leadership during the merger period helps in building trust among parties and helping persons involved to develop skills necessary in managing the challenging integration period. Moreover, leadership plays a major role in ensuring visions of organisations are met, and coming up with strategies that are profit oriented. Leaders have a major role to play during the merging process as they determine on the right structure that will support their business strategy (Bellingham, 2010, p. 30).
Bhattacharyya (2010, p. 201) contends that leaders affect ways in which firms operate and function, therefore, help in strengthening the collective vision of organisations. Successful leaders often focus on modelling what they expect of their followers especially in changing climates, therefore, ensuring a positive outcome. Additionally, leaders in ensuring union success maintain and establish credibility through effective communication mostly in cases whereby uncertainties can cause anxiety. Additionally, it is crucial during a merger that there be a mutual understanding of benefits that are to be ensured by both sides.
Various organisations seek to merge for instance, Fiat and Chrysler, which will merge to create Chrysler Group LLC. The merger will have an immense impact, as it will ensure intercultural competency of both parties through effective leadership (Barile, 2013). Additionally, coming together of both companies will ensure competitive advantage over its rivals and the company will be able to differentiate its products from those of its main competitors (“Net Present Value and the Future of Acquisitions,” 2012).
Leadership Styles and Roles of Management in the Merging Process
Credibility and leadership style weighs heavily as far as success of a merger is concerned on both parties. According to the New York Times, the union of Fiat and Chrysler will help in producing new vehicles that combine both organisations’ talents. The success of this union will be influenced heavily by strong leadership skills between the two firms in which decisions are today...