A strategic initiative plan

 

A strategic initiative plan may include multiple initiatives that are designed to work together toward a single larger goal. To create an initial plan, you need to define both your larger goal and what is required to achieve it. Your plan should include the following:

An end goal, or what you hope to achieve when the plan is complete.
An overall budget will be divided among the various initiatives.

 

Sample Solution

If you are part of your organization`s senior leadership, you may be responsible for helping to develop strategic goals or visions for how to grow and improve. A strategic initiative is a tool for illustrating how your organization can meet these goals. A strategic initiative plan is a comprehensive plan that an organization sets out for achieving its strategic goals or long-term visions for improvement. If a goal asks what you want to achieve, a strategic initiative explains how you can achieve it. It is a map route to your destination. To create an initial plan, you need to define both larger goal and what is required to achieve it.

y of Fiedler’s Contingency Theory of Leadership, Tuckman’s Model of Group Development, Belbin’s Team Theory, and Herzberg’s Two Factor Theory in practice, and how complexities like power and influence shape how they can be applied to best suit the situation a leader faces.

Leadership Contingency based theories of leadership suggest that there is no correct or best way to lead a group, or organisation, due to the significant number of constraints on a situation (Flinsch-Rodriguez, 2019). Fiedler, in his Contingency Theory of Leadership (Fiedler, 1967), suggests that the effectiveness of a group is dependent on the leadership styles of the leader and their favourability to the situation. Much of the theory is established around the least preferred co-worker scale (LPC). The LPC aims to quantify a potential leaders approach to a task on a scale of relationship motivated to task motivated, where the leader fits on the scale allows their most favourable situation to be deduced, and thus allows the identification of suitable leaders for tasks. The favourableness of the situation depends on three characteristics: leader-member relations, the support and trust the leader as from the group; task structure, the clarity of the task to the leader; and positional power, the authority the leader has to assess a groups performance and give rewards and punishments (Fiedler, 1967). If the leaders approach matches what is required from the situation then success is predicted for the group. Fiedler’s contingency model offers a very austere categorisation of leadership, clearly defining which situations will and will not result in success for a potential leader. At the senior management level of a hierarchal structure within an organisation the theory can be applied freely, firstly due to the ease at which persons can be replaced if their LPC score does not match that required of the situation (Pettinger, 2007). Secondly, and most importantly, is to ensure that the senior management are best equipped to lead the organisation successfully. However, further down the hierarchy Fielder’s contingency theory begins to hold much less relevance, it becomes impractical from a organisational perspective due to the number of people at this level of leadership. The logistics of matching the leader with their least preferred co-worker is impos

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