Question

In: Economics

What competencies are most important to you in your use of power? Explain.

What competencies are most important to you in your use of power? Explain.

Solutions

Expert Solution

In my use of power, these are the competencies which will be most important:

  • Demonstrates Strong Ethics and Provides a Sense of Safety: I, as a leader, upholding the standards that my company represents. I motivate my employees to act in a fair and balanced way in all their business transactions. I am treating all individuals and customers with respect, and communicate about the importance of honesty in all business dealings. I do, I am contributing to my employees’ sense of safety. A workplace where standards are defined and upheld, and where personal differences are respected, is one where employees can thrive and work together as a team.
  • Fosters a Sense of Connection and Belonging: I am a leader who wants to promote a sense of belonging among my employees, this goes beyond simply holding a Holiday party every December I reinforce this sense of connection every day, in all my corporate communications and in my behavior. Walking through my company’s offices each morning and greeting employees by name, asking about their families, and giving them recognition for a job well done all go a long way towards developing a sense of connection in my team. As I do this my employees will not only feel` more appreciated and have improved morale, but improved performance as well.

  • Nurtures Growth: I am willing to listen to my managers as they grapple with problems, and do not judge them as they try out new solutions. Sometimes they have to fail to grasp a lesson well. And if they do, help them get back up and try again. My managers will grow in the process, they will trust me as their leader, and they will feel confident they are developing skills as they move forward.

  • Empowers Others to Self-Organize: As Giles noted, research has repeatedly shown that empowered teams are more productive and proactive, provide better customer service, and show higher levels of job satisfaction and commitment to their group and organization. I am a leader who hesitates to let people self-organize or resists giving up power.  A leader that is able to do this successfully sets his organization and individuals up for long term success.

  • Shows Openness to New Ideas and Fosters Organizational Learning: I want to be the type of leader who shows support and encouragement to employees who come forward with ideas about how to improve processes, save time and money, and make other suggestions that will make the workplace more productive. I also want to foster organizational learning at my company, to give workers the chance to improve themselves, seek opportunities to advance and to acquire new skills. All of these will have an impact on both my operations and my business development. I develop an environment that encourages risk-taking, and that sees failure as an opportunities for lessons and growth, I support employees in their creativity and find that my company is a place where people enjoy their work and thrive in their roles.


Related Solutions

do you agree with your results? explain. which of these styles is most important in your...
do you agree with your results? explain. which of these styles is most important in your role as a student ?( analytical, conceptual, directive, behavioral). Based on your answer to question2, what might you do to modify your decision making style? My result is Directive style. I need 300 words.
In your opinion, what is the most important aspect of environmental health? Explain/justify your response with...
In your opinion, what is the most important aspect of environmental health? Explain/justify your response with a minimum one-half page response.
In your opinion, what is the most important structural problem of Turkish economy, why? Explain your...
In your opinion, what is the most important structural problem of Turkish economy, why? Explain your answer. (min 1000 words)
a) Identify the most important source(s) of market power in the following markets and briefly explain...
a) Identify the most important source(s) of market power in the following markets and briefly explain your answers: i. Small town bars with liquor licenses ii. Apple iPad iii. Electronic commerce (Amazon) iv. Brand-name prescription drugs v. Netflix b) Calculate the Lerner Index for the following profit maximizing firms: i. Netflix: price = 10, marginal cost = 4 ii. Shell gasoline: elasticity = 0.6 c) Provide an example cross price elasticity for the following products and briefly justify your answer:...
If your career depended on it, what is the most important thing you learned in Financial...
If your career depended on it, what is the most important thing you learned in Financial Accounting? Has what you thought accounting would be changed over the time of the course? In what ways do you envision financial accounting benefiting your future career? Did you have an AHA moment, where the light went on ?
What is the most important contract you will need to operate your business? Why is it...
What is the most important contract you will need to operate your business? Why is it so important? Describe any additional contracts you have or plan to secure.
What do you consider to be a Project Manager’s most important skill? Explain.
What do you consider to be a Project Manager’s most important skill? Explain.
What are the most important things to consider when getting ready for your first speech? Use...
What are the most important things to consider when getting ready for your first speech? Use an example of a speech you have given or a speech you attended.
what is syslog? what does is use it for? what are the most important parts of...
what is syslog? what does is use it for? what are the most important parts of it regarding firewall and intrusion detection ? and what are examples of it?
Which division of government power do you think is most important for public health?  
Which division of government power do you think is most important for public health?  
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT