The following is phrase is used by Apollo -13 moon crew. They have reported a major technical problem. This is the same story of startups.
Big Fish Eat Little Fish or Small Fish Eats Big Fish?
- Big Fish Eat Little Fish : IBM or Microsoft eating Little fish
- Little Fish Eat Big Fish : New entrants eating away Big Fish ( Read Facebook, Amazon, Google)
Without going on fishing for long, let us get into to another story (movie 1998 )
YOU’VE GOT MAIL (1998) – American Movie
Director: Nora Ephron ; Starring: Tom Hanks, Meg Ryan and Greg Kinnear.)
This is very beautiful movie, where girl meets boy on chatting. They fell in love. Incidentally girl is owner of small book store. Boy comes with bigger store, now keeping girl’s business out.
The gist of it, big book store like “Barns and Nobel /Borders” keeps smaller book store “out-of-business” . The competitor bulldozing the existing market players is the key here
Beautiful love saga and romance between two great actors is the fresh blood in love stories with a technology mix. I also loved Titanic, Perfect Storm and Message in the bottle movies in the same time zone.
Big/New/Innovative fish bulldozes exiting market players
- Amazon.com has supplied books via internet
- E-Books, Kindle came
- Because of this traditional book store’s market got collapsed
- This affected, other small players ; Player who are not migrated got declined or collapsed (into thin air.
So why organization(s) fail?
- Organizations compete in same market space and fight for the same cake like kids (fighting for the same toys ). It is “Red ocean strategy”
- Over bidding and underbidding, getting into malpractices
- They fight for existing market piece than moving into un-explored territories
- Taking over, bulldozing the existing market place.
Any tools to use to see and prevent?
Oh my god, do we have strategy to do and analyse?
Few tools, for
1. PEST Analysis :
- This is a useful tool for understanding the market growth or decline, and as such the positions and direction for business
- PEST is Political, Economical, Social and Technological factors
2. Michel Porters : Five Forces Model
It is a frame work to analyze the level of competition within the industry and business strategy development.
3. Value Chain :
It is set of activities that a firm operating from specific industry performs in order to deliver a valuable product or service.
Cost Advantage: Better understanding the costs and squeezing them out of value-adding activities
Differentiation : By focusing on those activities associated with core competencies to perform them better than competitors
Primary activities are related to manufacturing industry.
4. SWOT analysis
Hope this helps
It is better we would understand, by way of example:
Every organization will have strategy, if the company has few key priories (for year x)
1. Famous low cost model from India’s Tata’s Nano
2. Hospital segment revenues enhancement
3. Airline Industry entry
4. Some other segments
Based on the mission for the particular year, company can prioritize 3 out of four . This will be portfolio.
A grouping of an organisation’s projects, programmes and related business –as-usual activities taking into account resource constraints. Portfolios can be managing at an organisational or functional level.
One step below of this is Program Management
A programme is defined as a temporary, flexible organization created to coordinate, direct and oversee the implementation of a set of related projects and activities in order to deliver outcomes and benefits related to the organization’s strategic objectives.
Program Management team would group each of the above areas as selected in Portfolio. Program Management has three triple constraints ( Benefits, Stake holder, Governance )
Program Management is set of related projects (which are connected together ) . In the case of Nano car Wheels, Car Body, Engine and all parts needs be delivered in order to have complete Benefit ( returns, customer experience/satisfaction) implemented.
Program Management goes side ways, project manager goes vertically .
Project management team fits in Program Management umbrella.
Program management is collection of related projects, whose benefits are realized if all the projects are delivered.
Operations are collection of projects, which are not interrelated. (HR, Finance and so on )
Operations are on going unlike Project and Programmes
Hope it is clear?
2. While you grow-up, you might have observed following
a. Good ways and bad qualities you have observed.
b. You might have already mental impression, how manger should be.
3.Manager should be able to resolve issues and deliver.
4. Guide, motivate team to achieve goal of the team and organization.
5. Have a clear understand the work, stakeholders
6.Build the positive attitude and good atmosphere. Caring and bonding team will keep everyone motivated.
– Peter Drucker
The following article is based on understanding on various leadership model, also some of them based on experience . Also some leadership models variation of other leader ship model.
Some times it is difficult to differentiate the leadership models. In my opnion leaders should change the style and see what benefits your making. Best model I read situational leadership style.
This is most touching article, I have written (i feel), if you would help me out what kind of leaders you have worked with. As usually this needs your constant support help and motivating me with your suggestions.
|Fig1: Dilbert’s cartoon|
The main leadership styles include:
|Fig 2 various leaderships|
Sir Isaac Newton’s third law of motion states that for every action, there is a reaction
- This leadership style starts with the idea that team members agree to obey their leader when they accept a job.
- The “transaction” usually involves the organization paying team members in return for their effort and compliance.
- The leader has a right to “punish” team members if their work doesn’t meet an appropriate standard.
- Although this might sound controlling and paternalistic, transactional leadership offers some benefits.
- For one, this leadership style clarifies everyone’s roles and responsibilities.
- Another benefit is that, because transactional leadership judges team members on performance, people who are ambitious or who are motivated by external rewards – including compensation – often thrive.
- The downside of this leadership style is that team members can do little to improve their job satisfaction. It can feel stifling, and it can lead to high staff turnover.
- Transactional leadership is really a type of management, not a true leadership style, because the focus is on short-term tasks. It has serious limitations for knowledge-based or creative work. However, it can be effective in other situations.
|Fig 3. Transactional and Transformation Leadership styles|
- They create enthusiasm and revitalize the organizations
- Serves as a role-model
- Charismatic leader
- Has great vision and sets the direction to followers
- They change the organization itself to new direction
|Fig 6: Autocratic, Free Rein, democratic/participative leader|
Autocratic leadership (Authoritative or Dictatorship )
|Fig 7: Authoritative Leader|
Autocratic leadership extreme form of “Transaction leadership”
- Staff and team members little opportunity to make suggestions (even if benefit of the organization)
- Most of the staff don’t like to work this style
- Absentisam and staff turn-over
- Something like routine and unskilled jobs, we can use this effectively
- This style can be used, at time of crisis and if the people are highly skilled.
- This is not good for long duration, who can stand Hitler for many days
- Good fit are for military, construction, industries
|Fig 8: Power style|
“The nail that stands out from the board, will get pounded by the hammer.”— Japanese Proverb
- Leadership based on fixed official duties under hierarchy of authority, applying rules for management and decision making
- This can be used, where innovation and creativity is not required.
- This is for high regulated firms
- It is rigid structure, where bunch process and rules and delays whole proces
Fig 9: Bureaucratic Leader
- A charismatic leadership style can resemble transformational leadership because these leaders inspire enthusiasm in their teams and are energetic in motivating others to move forward. This excitement and commitment from teams is an enormous benefit.
- The difference between charismatic leaders and transformational leaders lies in their intention. Transformational leaders want to transform their teams and organizations. Charismatic leaders are often focused on themselves, and may not want to change anything.
- The downside to charismatic leaders is that they can believe more in themselves than in their teams. This can create the risk that a project or even an entire organization might collapse if the leader leaves.
- A charismatic leader might believe that she can do no wrong, even when others are warning her about the path she’s on; this feeling of invincibility can ruin a team or an organization.
- Also, in the followers’ eyes, success is directly connected to the presence of the charismatic leader. As such, charismatic leadership carries great responsibility, and it needs a long-term commitment from the leader
|Fig 10: Charismatic or Transformation leadership|
|Fig 11: Charismatic or Transformation leadership|
|Fig 12: Charismatic or Transformation leadership|
|Fig 13: Charismatic or Transformation leadership|
|Fig 14: Democratic/participative leadership|
- This style involves the leader including one or more employees in the decision making process (determining what to do and how to do it).
- However, the leader maintains the final decision making authority. Using this style is not a sign of weakness, rather it is a sign of strength that your employees will respect.
- This is normally used when you have part of the information, and your employees have other parts. A leader is not expected to know everything—this is why you employ knowledgeable and skillful employees.
- Using this style is of mutual benefit as it allows them to become part of the team and allows you to make better decisions
|Fig 15: Democratic/participative leadership|
- A situational leader varies the amount of support and control they use depending on the situation, the needs of their group and the group’s individual members.
|Fig 16: Situational leadership|
- This model of leadership was developed in the late 1960s by Ken Blanchard and Paul Hersey. Rather than using the term ‘control’, they used the word ‘direction’ to mean the amount of instruction you give to the group or person you are working with.
- They came up with four styles a leader can use to meet the different needs of their group (Fig 16, 17, 18)
|Fig 17: Situational leadership|
|Fig 18: Situational leadership|
Laissez-faire/ Deligative /Free Rein/Hands-off leadership
|Fig 19: Hands-off leadership|
|Fig 20: Hands-off leadership|
- This French phrase means “leave it be,” and it describes leaders who allow their people to work on their own. This type of leadership can also occur naturally, when managers don’t have sufficient control over their work and their people.
- Laissez-faire leaders may give their teams complete freedom to do their work and set their own deadlines. They provide team support with resources and advice, if needed, but otherwise don’t get involved.
- This leadership style can be effective if the leader monitors performance and gives feedback to team members regularly. It is most likely to be effective when individual team members are experienced, skilled, self-starters.
- The main benefit of laissez-faire leadership is that giving team members so much autonomy can lead to high job satisfaction and increased productivity.
- The downside is that it can be damaging if team members don’t manage their time well or if they don’t have the knowledge, skills, or motivation to do their work effectively.
- Task-oriented leaders focus only on getting the job done and can be autocratic. They actively define the work and the roles required, put structures in place, and plan, organize, and monitor work. These leaders also perform other key tasks, such as creating and maintaining standards for performance.
- The benefit of task-oriented leadership is that it ensures that deadlines are met, and it’s especially useful for team members who don’t manage their time well.
- However, because task-oriented leaders don’t tend to think much about their team’s well-being, this approach can suffer many of the flaws of autocratic leadership, including causing motivation and retention problem.
- The style of leadership is the opposite of task-oriented leadership: the leader is totally focused on organizing, supporting and developing the people in the leader’s team.
- A participative style, it tends to lead to good teamwork and creative collaboration.
|Fig 8: Tallest Indian leader|
|Fig 8: Tallest Indian leader|
- If you have a boss, who takes blame on your behalf, you got a servant leader.
- According the Green-leaf, anybody who can lead must be servant .To be true leader one must ensure people’s highest priority needs are being served.
- They don’t lead by “power”, coercion or control. They will take higher moral responsibility.
- These people will be left behind by other leadership model people
- Servant leaders values following:
- Values diverse opinions
- Cultivates a culture of trust
- Develops other leaders
- Helps people with life issues
- Sells instead of tells
- Thinks you, not me
- Thinks long-term
- Acts with humility