Leadership and Management Week Essay
Leadership and Management Holding a management title does not necessarily equate to holding leadership skills. Leadership Is defined in many ways, and depending on who you ask can simply e ;coordinating the work of others”. However that is taking a very limited view on leadership. Leadership is a combination of rationale, inspiration, science, and art. It is said, “Leaders are thought to do the right thing, while managers do things right” (Hughes. Gannett, & Church. 2009), Not all leaders are managers. Look at Dry. Martin Luther King Jar.
He is argumentatively the most important Civil Rights leader, however many would not look to him as a manager. According to Forbes, Ursula has made Xerox a profitable and viable company, this past year, Burns helped Xerox generate adjusted earnings per share of $1. 9, up from $1. 02 in 2012, and post $21. 4 billion in full-year revenue (Forbes, 2014). Her skills as a manager aided in building Xerox to the power-house they are today. Burns is responsible for the largest calculation In Xerox history, and has allowed them to Invest In business services, which is a $600 billion industry.
Making these decisions requires hard decisions, Including outsourcing, closing offices that are not
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While Burns has made moves in hopes of ensuring the stability of Xerox there are some that are calling for her to be fired. Burns’ recent letter to shareholders showed Just how badly the transaction had gone. Over the course of 2010 to 2013, revenue, net income and operating margins are flat to down. In particular, revenue fell 1% to $21. 4 billion in 2013. In the fourth quarter, revenue dropped 3% to $5. 7 billion. Net income was down 1% to $1. 2 billion last year. In the fourth quarter, the drop was 4% to $311 million (McIntyre, 2014).
When measuring success off leader, there are many ways to do that and depending on which way is chosen could render different results. Using unit performance indices, Burns appears to be very successful as a leader. Unit performance indices can be used to examine what impact leaders have on the “bottom lines” of their organizations. Since she has taken over as CEO, Xerox shares have gone up 50% and the S & P is higher by nearly 100% (Brown, 2014). Based on his information and her average salary the board must be happy with how she is performing. However, another way to measure success is by subordinates ratings of effectiveness.
Subordinates may be relatively satisfied or dissatisfied, may be motivated or unmotivated, may feel relatively committed or uncommitted to the organization, or may believe their leader is relatively effective or ineffective. Because Burns has found herself on the worst Coo’s list of 2014 it can be said that she has been unsuccessful as a leader (Hughes, Gannett, & Church, 2009). Conclusion Overall it is important to remember that there are many dynamics to measuring dervish and management. Leadership and management can have many different meanings. Burns is a prime example of this.