Royal Mail Assignment Example | Topics and Well Written Essays - 2000 words

royal stag Mail - Assignment ExampleConcept of Diversity Management 7 5.1. Royal Mails transaction to Maintain gender Balance 8 6. Concept of a Competency Framework 8 6.1. Five Competencies of a successful Royal Mail animal trainer 8 7. References 10 1. Introduction Global business management is a dynamic process at it always changing with the time. By virtue of world(prenominal) business management organizations across the world are now able to operate in more than one country and able to expand their yield and service services to the lot across the globe. The global business management process is enterprising as a business leader carries out impertinent innovations for the benefit of the end users. With that they are able to exploit the market as well as able to bring down the production cost to stop up more operating profit for the organizations. According to Adekola & Sergi(2012), globalization was started more than 3000 years ago as the roots of it went back to the format ion of state communities in the European countries way back in the fourteenth century. The rapid expansion was started from the seventeenth century onwards. (Adekola & Sergi, 2012, p.1). In this discussion our main focus is on the management strategies taken by the Royal Mail Chief Executive in order to change to outlooks as well as functioning process of the organization when everyone was considering that Royal Mail might not be able to regain its market position. 2. Definition of lead Leadership characteristics of Royal Mail Chief Executive 2.1. Leadership Definition and characteristics The success of any organization has been always dependent on how good the top management is on their decision making, strategy development, motivating people and overall management of the organization itself. According to Dubrin(2012), leadership can be defined as a the principal dynamic force which motivates and coordinates the people of any organization to achieve its objective. (Dubrin, 2012, p.4) According to Weth (2007), leaders have to tolerate a certain amount of chaos in the organization and also have to in effect solve those. On the other hand, managers are there to ensure that there are stability and control in the organization or in assorted departments. (Weth, 2007, p.5). According to Gosling, Sutherland, Jones (2012) there are hardly a(prenominal) important theories which are essential in order to understand the specific traits or characteristics that a leader should have. rough of the key theories are trait theories, behaviorist theories, Situational leadership, transformational and contingency theory. According to them, there are several leadership traits which are associated with particular skills. Adapting to the situation, Assertiveness, Decisive, cooperative, energetic, result orientation is few traits to name about (Gosling, Sutherland, Jones, 2012, pp.18-20). 2.2. Leadership characteristics of Royal Mail Chief Executive Moya Greene was appointed as the CEO of Royal Mail in the year 2010. in the lead taking the charge of Royal Mail she has been in charge at Canada Post since 2005. She was the first lady to get appointed in the top close to position of Royal Mail. (BBC News, 2010). When she took charge of the organization, Britains centuries-old state-owned postal service was over-involved in trouble it faced a rapid de-growth revenue from letters, a large dearth in pension opposition to government proposal for privatization from the staff union, and a most importantly unworkable regulatory framework that prevented the business