Leadership Styles Of Laissez Faire

lead Styles Of Laissez FaireTata Steel completed its 6.2 jillion (US$12 billion) acquisition of Corus Group at a price of 608 pence per cut-and-dried sh ar in cash on 2 April 2007.The first particularizetle of financial results for Corus since becoming a subsidiary of Tata Steel were for the 15 months polish 31st March 2008.Consolidated Financial Highlights 2007-08*(1) How would you describe the Leadership and the leading sprint of the company and its relationship with the leadership theories that you are familiar with.LeadershipEvery company has president, board chairman or leader. For the most shipway we agree that someone individu solelyy needs to head our businesses and social institutions. The leader of any shaping expectedly completes his role which is habituated by communicating the set of the organization he or she represents. Simply we can define leadership is the art of motivating a group of people to act towards achieving a common goal.Laissez-faireLaissez-Fa ire Leadership style is known pass on off style where managers provides a very little or no directions and maximum freedom is given to ply. All authority given to the staff and they determine goals, resolve problems similarly makes decisions on their own. The effective use of this style is when staff is broad(prenominal)ly skilled experienced and educated. Staff have aptitude to the work done successfully by their own and also when the staff is trustworthy and fully competent to perform tasks. This style should not be used in the absence of manager when staff feels insecurity, also managers uneffective to thank staff for their good work which has been done by aggroup members. This approach of Leadership is being used in Corus Company.In Corus since mid-fifties lots of manufacturing techniques on quality based has been get under ones skined. Kaizen is one of those and its Japanese for continues advancement. The main(prenominal) focus of Kaizen is to make continues improve ment and CI takes any company towards black market production musical arrangement. In lean Production system Waste is minimized, full stop of work is smooth and total focus of business is on client needs. hunt system is basically less recourses used efficiently. Where increase in production makes organization profitable. By Continuous value system Corus helps to cash in ones chips waste in various key areas. One aspect is Lean Production which helps to save costs of buy in which is the Just in measure (JIT) principle. Just in time means supply of the good at the same time when these are needed. With the help of JIT a minimum stock is kept and maximum finished products to meet demand of customer. It requires well make system. This system carries risks as well if suppliers fail to supply then organization less able to meet the requirements of customer. Continuous improvement influences the whole employees authority towards the customer needs. By this way employees need to ad opt the day-and-night improvement principal which starts with senior management. Under the leadership of senior management CI works through the whole organization. In this system strong colloquy skills are important among the departments. Corus carries out regular presentations to let the employees know that how CI is improving business. CI also uses written communication. Everyone is the part to play with continuous improvement. Corus employees contribute ideas for improving their working practices under the supervision of various CI groups. And every person knows very well how to make improvements. Empowerment is given to employees and managers help towards employees gives them the job satisfaction. Corus enjoys the benefits of becoming more profitable organization by reducing the cost, and securing high value orders and time saving operations. Continuous Improvement not only makes Corus more efficient but also provides umteen benefits to its external stakeholders.(2) In evalua ting organisation elaboration, how would you describe the cultural philosophy of the organisation, its significance on the workforce and the organisation performances?Organizational civilisation refers to the underlining values, believes and principles, that serve as a foundation for the management system, management practices, and their behavior (Brown, 1995). Organizational acculturation deeply rooted into the structure and members of the organization. We can say organizational culture (generally) provides a framework or track for the organization to run swimmingly to success and, if effective, provides its employees an opportunity to develop themselves, depending on the employees personal ambitions. finishing is the compendium of traditions, values, policies, beliefs, and attitudes that constitutes a pervasive context for everything we do and think in an organisation.Culture could also be defined as the collective self-image and styles of an organisation its share values an d beliefs, norms and symbols (The way we do things around here)The impact of organizational culture on workforce and organizational performance varied depends upon whether the organization has a culture strong or weak but there are some general things that apply on it many of the workers are outgo more and more time at workplace which totally depends on the job. It is a common phenomenon that a happy worker is pretty plentiful and this is one of the good impacts on the organizations performance. A strong organization everlastingly focuses on the environment it creates should be encourage able, efficient and productive for employees which shows immensity of the employees in the organization. Such things generally have best response from its employees and also good for them to achieve goals. We aim to balance the needs of our stakeholders by incorporating the principles of sustainability into all aspects of our business. Performance culture of Corus is based on four pillars and th e aim of Corus is approximately the work of employees together for achieving the business goals. The responsibility of individually and every employee is bodied by giving the full support from bottom to top in accordance with the performance culture. Aspirational targets are where Corus challenges to understand the boundaries, set ambitions, and value added ingathering to delight customers by giving them maximum value together and to set the benchmark for the best performance. Corus keeps in mind safe workplace high ethical standards, communities, prevent harmful injuries and respects environment culture for the guard and social responsibility. Continuous improvement system is the uniformity of employees management system towards the best performance through teamwork to make organization profitable. Its motivation, coaching individual, develop talent and empowering the employees. Openness and transparency is about trust, spirit and cooperation throughout teamwork at all levels in any group of organization. This encourages database communication respect decisions and each other and inspires peace, passion and pride among the employees.