Creating plan to successfully run small business

Assignment Help Business Management
Reference no: EM132369691

Deliverable  - Effective Leadership

Competency

This competency will allow you to demonstrate what you have learned about effective leadership by creating a plan to successfully run a small business.

Instructions

You have become comfortable with contemporary leadership competencies and feel it is time to open your own small business. As a future business owner, you know that all organizations must be well managed,and that effective leadership is at the core of ensuring that a business runs smoothly. Reflect on the following questions and write a 3-5 page report to help you solidify your thinking and describe your plan for running a small business.

• Refer to the DISC behavioral characteristics you identified for yourself in module 01. How will you use two of these characteristics (i.e., values, culture, mission, and vision) to shape your small business?

• Employees are a business's greatest asset. Refer to the best leader traits/skills/tactics you identified in module 02. How will you mentor the informal and formal leaders that you hire?

• Identify the leader theory from module 03 that fits you best. How can this leader theory help you align business goals, customer expectations, and employee objectives?

• Refer to the challenges to leading change that you selected in module 04. Identify two of these challenges. How will you address these challenges to minimize risk for your new business?

• Utilizing the facilitative leadership skills you studied in module 05, discuss the three facilitative leadership skills that you think are the most important for your business. How will you incorporate what you learned about facultative leadership into your business so that employees can successfully run meetings and projects?

• Refer to the leadership skills you presented in module 06, as well as the other concepts you've studied in the course (e.g., leader traits, leadership theory, and facilitative leadership skills). How will you use these to ensure effective leadership in your small business?

Reference no: EM132369691

Questions Cloud

Provide recommendation for addressing each of challenges : Identify and discuss your project's greatest challenges (at least three) and provide a recommendation for addressing each of the challenges.
What options would be morally justify in christian worldview : Given the above, what options would be morally justified in the Christian worldview for George and why? Prepare this assignment according to the guidelines.
How can you use the ideal problem-solving process : The IDEAL problem-solving process developed by Bradford and Stein (1993) is implemented by: (I) Identifying the problem, (D) Defining the problem.
Discuss the concept of community as a client : Describe and discuss the concept of "community as a client". Discuss the nurse's role in community education within the sociopolitical and cultural context.
Creating plan to successfully run small business : This competency will allow you to demonstrate what you have learned about effective leadership by creating a plan to successfully run a small business.
How an effective leader can assist with implementing change : You are the nurse administrator at SLMC. Your Human Resources Director informed you that SLMC is having difficulty recruiting registered nurses.
Discussion on equipment and product safety topic : Project Topic - Equipment and Product Safety. Develop a PICO(T) question based on project Topic above and follow instructions below.
What type of classroom management concerns might you have : Reflect on the on-site learning environment. As a nurse educator, what type of classroom management concerns might you have about teaching in on-site situations
Strayer library to research articles on hypothesis test : Use the Internet or Strayer Library to research articles on hypothesis test and its application in business.

Reviews

Write a Review

Business Management Questions & Answers

  What is sampling frame

What is sampling frame? What are the differences between sampling frame and population?

  Important information about managing diversity

Explain how would you respond to a manager who claims the only way to calculate a businesses effectiveness is in terms of how much profit it makes?

  Describe the role of user in terms of health record usage

Create a slide presentation describing the role of an individual user of health records. Describe the role of the user in terms of health record usage.

  Inclusive of people and groups

Maxwell's (2007) laws are inclusive of people and groups, whereas Pink's (2009) Chapter 4 is all about the individual.

  What you need to understand the system

Your boss has asked you to do what you need to understand the system and has asked for a memo with your observations and recommendations by the end of the week.

  What is the marginal product

The last employee hired only works making sandwiches and makes 120 sandwiches each day. What is the marginal product of the 6th employee?

  Important for hr management to transform

Why do you think it is important for HR Management to transform from being primarily administrative and operational to becoming a more strategic contributor in organizations?

  Explain constant-sum scale

Create a five question survey that displays your knowledge and understanding of typical survey question types. Each question must measure consumers' sureness that the U.S. economic system

  Contract authority and power in terms of leadership

Compare and contract authority and power in terms of leadership. What do you define as effective leadership?

  Determine elwood account balance on march

On March 1, 1993, Elwood deposited $4,200 into a bank account. The account credited interest at a nominal interest rate

  Challenges in implementing corporate strategy

What are the keys to and challenges in implementing corporate strategy?

  Deliberate how this affects capacity planning

Process Enhancement Plan Your Company has added a new dealership line to receive the key fob remote. The projected sales for the next six months are 150,000 cars, needing 2 fobs each

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd