Friday, December 27, 2019
The Competing Values Framework For High Performance...
The Competing Values Framework in Relation to High Performance Management The purpose of the Competing Values Framework (CVF) is to facilitate the process of understanding the various management roles and how they can be applied more effectively in an environment of competing tensions. Each role is distinct and seemingly contradictory, but intertwining them is essential in order to achieve optimal efficiency; ultimately becoming a high performance manager. This ââ¬Å"behavioral complexity-the ability to deal with the competing demands through the mastery of seemingly contradictory or paradoxical roles differentiates the high performing managers from their counterparts (Hart Quinn, 1993). In the process of becoming a high performance manager,â⬠¦show more contentâ⬠¦Tragedies and traumas, depending on how you frame them, can either result in post-traumatic stress disorder (PTSD) or post-traumatic growth (PTG). In my case, I had consciously chosen to embrace the experience resulting in PTG, which starts by recognizing the uncertainties in life and em bracing them as fundamental tenets of human existence (George, 2015). This particular crucible has taught me that in life there may be instances that you cannot control similarly to business and leadership. Self-Awareness Psychologist Daniel Goleman, author of Emotional Intelligence outlines five areas essential to achieving a high level of emotional intelligence (EQ): self-awareness, self-regulation, social skill, empathy, and motivation (George, 2015). Possessing a high EQ is invaluable as it allows individuals to connect with others on an interpersonal and emotional level rather than in a strictly intellectual matter. However, EQ and IQ are not mutually exclusive, instead, it is essential for both to be joined together to achieve an optimal level of leadership. Leaders who lack EQ and lead only with their intellect tend to dismiss the opinions of others and dominate decision making (George, 2015). Such leaders have the tendency to surround themselves with subordinates who are complacent and submissive. As a result,Show MoreRelatedAn Introduction to the Competing Values Framework1091 Words à |à 5 PagesAn Introduction to the Competing Values Framework by: Kim Cameron, PhD An Introduction to the Competing Values Framework / 11.11 L DE ONG VE -T LO E PM R (CLAN) INTERNAL Do things together The opposite kinds of tools or techniques, such as competitiveness, fast response, decisiveness, driving through barriers, or goal achievement, could be highlighted in the lower right quadrant. FLEXIBLE EXTERNAL INTERNAL INTERNAL COLLABORATE COMPETE (MARKET) S Do things fast PE HO RF RT OR - FOCUSEDRead MoreHofstede s Five Dimensions Of Culture Essay1743 Words à |à 7 Pages VI.Culture Management Hofstedeââ¬â¢s five dimensions of culture include: Small vs. large power distance (PD) ââ¬â Society handles inequalities and the extent to which the less powerful members of organizations and institutions accept and expect that power is distributed unequally.(G. Hofstede 1980) Individualism vs. collectivism (IDV) ââ¬â Behavior towards community. The degree to which individuals are integrated into groups or are expected to look after themselves and self-actualize.(G. 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Transactional leadership is built on reciprocity and includes four behavioral elements: (1) making rewards contingent on performance, (2) correcting problems actively when performance goes wrong, (3) refraining from interruptions of performance if it meets standards, and (4) a laissez-fair (let alone) approach to organizational change. (Burns, Bradley, Weiner, 2012, pp. 38-39) Both models are considered contemporary styles andRead MoreWhat Are The Three Paradoxes Faced By Gustavsson At Engineered Woods886 Words à |à 4 Pagesparadoxes increases with the complexity of organizational environments. To successfully manage paradoxes organizational leaders must learn to deal with contradictions and embrace incompatible forces, rather than choose between them (Belasen). Three management paradoxes that Bjorn Gustavsson faces as Engineered Woods are the paradox of change and stability, the paradox of individuals and teams, and the paradox of direction and empowerment. This essay will discuss these three paradoxes faced by GustavssonRead MorePerformance Management Models4063 Words à |à 17 PagesPortfolio ââ¬Å"Performance Managementâ⬠Executive Summary This report is intended to assist with all the relevant information about the different types of performance management models that companies can conduct in order to gain a successful organisation. There are three main models being discussed throughout the report that contain differences in the way they approach and implement things in an organisation. Read MoreThe Training Of Our Supervisors And Upper Management1334 Words à |à 6 Pages In the upcoming training of our supervisors and upper management we will discuss the new discuss success factors of the organization. These success factors will shape our culture and help guide a universal approach to operating our business as we build an organization that is innovative, engaged and empowered. In this paper I will address the training strategy that we will use from the agenda, to the mission, to the context. Training Agenda â⬠¢ Setting the Stage â⬠¢ Introduction to Success FactorsRead MoreCase Analysis Essay699 Words à |à 3 PagesShareholder Value Business Management 105 1. Using the competing values framework as a point of reference, how would you describe Verizonââ¬â¢s current organizational Culture? Provide examples to support your conclusions. I think Verizonââ¬â¢s current organizational culture is a mixture of clan and market sections of the competing values framework. They said their top three things to do in 2011 were to 1.) build a business and workforce as good as its networks, 2.) to lead in shareholder value creationRead MoreRisk Management Theory : Equity Value1254 Words à |à 6 PagesRisk management theory can be divided in two competing approaches: equity value maximising strategies and strategies determined by managerial risk aversion. The first category suggests that hedging can increase the market value of equity and that companies should be concerned with total risk rather than systematic risk. There is, however, no comprehensive framework for explaining risk management within the imperfect financial environment in which firms operate. Therefore, it is not possible to drawRead MoreHow Organizations Function And Meet Their Goals1292 Words à |à 6 Pagesindividuals often look for methods to improve effic iency, effectiveness, and performance. Numerous models, theories, and bodies of study have developed with the aim at understanding and improving how organizations function and meet their goals. One effective model for leaders to understand and utilize is the High-Performance Programming Model (HPPM). Nelson and Burns (1998) describe the HPP model as a for understanding existing performance and areas of focus for moving an organization forward. The key element
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