Question

Transferring a strategic plan into a reality can take more than planning. Provide an example of...

Transferring a strategic plan into a reality can take more than planning. Provide an example of a leader who has transformed a strategic plan into a reality? How did they innovate and lead the company? What can you learn from this person? DONT USE WALMART

Homework Answers

Answer #1

Alibaba & Jack Ma is one example of a company and a leader that has transformed a strategic plan into a reality.

Firm - Alibaba

Leadership, former CEO - Jack Ma

Here is how he innovated and showed his leadership skills -

  • Jack ma started with a unique business idea and knowing that it's not the only company in the industry it managed to take on many business domains based on notions which were unique to the market and have shown great success.
  • Jack Ma through his leadership has shown great foresight and in order to remain ahead in the competition, much significant decisions which are bold are taken by the leader.
  • It is important to maintain a positive & optimistic attitude to sustain the form especially when the market conditions are competitive.
  • Jack Ma has adopted the value of positive workplace culture and embracing diversity.
  • Jack ma understands that uniting people is an important aspect of any business and even though a small fraction of employees and stakeholders will have shaky trust in the words he has accepted the same with open hearts and also changed his mindset & approach to his advantage.

Learnings -

  • More than focusing on uniting the entire organisation he has given more effort towards hunting the subordinates and departmental leadership because he has always valued vision as more important than the leader.
  • It is an important belief that Jack ma holds where he says that team members should have more technical skills than the leader and hence the killing aspect of employees are an important agenda as it helps to take the vision forward.
  • Jack ma has shown immense value in people who try to make things happen to achieve the goals. He believes and communicates that people learn best from their mistakes, obstacles and other challenges.

Working with people from various background and genders helps to influence each other working style and creates a culture of ideation. It helps team members respect each other thoughts and come up with a collective solution. Various skills combine team members and help to contribute to each other strengths and weak areas.

Alibaba has shown it by making sure that 50% of its team constitutes of female leaders and suggestion would be to continue having that diversity and faith in leadership.

He has emphasised in his leadership style that people shouldn't complain but look for opportunities to add positively to the conversation. Alibaba has not seen instant success and slowly made history.

Overall I believe Jack Ma is the perfect example of successful leadership and establishing a business from scratch. The humble beginning which involved lots of rejections has defined his leadership style and it is those ideas, values and thoughts with people align and value that leads to the success of Alibaba.

==========================================================================================

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
(3) 1. (1 point) Define company-wide strategic planning and briefly describe the four steps that lead...
(3) 1. (1 point) Define company-wide strategic planning and briefly describe the four steps that lead managers and the firm through the strategic planning process. (4) 2. (2 points) Name and define the four product/market growth strategies in the product/market expansion grid (Figure 2.3). Provide an example of a company implementing each strategy. (5) 3. (1 point) Describe the differences between a value chain and a value delivery network. (6) 4. (6 points) Read the case at the end of...
You encounter a coworker who engages more often than not in negative thinking. How would you...
You encounter a coworker who engages more often than not in negative thinking. How would you mentor this coworker towards the use of effective and applied critical thinking? provide rationales for your plan of mentoring this coworker. For example, how would you mentor this co-worker from culturally competent care perspective?
CAPACITY PLANNING In what case should capacity plan be revised? SUPPLIER MANAGEMENT How can suppliers (who...
CAPACITY PLANNING In what case should capacity plan be revised? SUPPLIER MANAGEMENT How can suppliers (who wants highest price) and buyer firm (who wants lowest cost) be partners? LEARNING CURVE There are 2 firms: Company A and Company B. Company A took 150 hours to produce its first unit. This month it wants to product 500 units. Using 80% learning curve, how many hours will it take to produce those 500 units? Comany B also produced 500 units. However, it...
1. Read the article and discuss how operations can provide strategic advantage to this organisation. 2....
1. Read the article and discuss how operations can provide strategic advantage to this organisation. 2. Discuss the performance of the company in terms of the five performance objectives and the relationship among these performance objectives. 3. Discuss a suitable operations strategy approach for these kinds of organisations. Operations Strategy in Action Almost every company seems to be restructuring itself to face the downturn, be it through financial engineering, or by retrenching to core activities. So they sell off foreign...
study Chapter 1: Allocation of resources; stakeholders; servant leadership; leadership; consolidation and integration; culture, organization’s mission;...
study Chapter 1: Allocation of resources; stakeholders; servant leadership; leadership; consolidation and integration; culture, organization’s mission; nurse staffing models; continuous quality improvement; certificate of need (CON) requirement Chapter 2: Transformational leader and leadership; ethics Chapter 3: Strategic plan; diverse organizations; financial performance Chapter 4: SWOT analysis, hospital mergers, force field analysis, downstream revenue, external environment Chapter 5: Digital media, marketing plan; regional healthcare systems/regional marketing Chapter 6: Affordable Care Act, healthcare data warehouses; IT infrastructure; e-health; telehealth; electronic medical records...
Item Chapter 5 Planning Programs that Prevent Discipline Problems Quote of the Day #1: You can...
Item Chapter 5 Planning Programs that Prevent Discipline Problems Quote of the Day #1: You can discover more about a person in an hour of play than in a year of conversation. Plato This chapter focuses on planning programs that prevent discipline problems. I consider myself a "constructivist teacher". I think students learn best when the information is meaningful to them and the process engages their curiosity and exploration. I want to encourage students to explore ideas and develop them,...
1. Old Age Security income will be clawed back or reduced if you earn more than...
1. Old Age Security income will be clawed back or reduced if you earn more than $35,000 in retirement. Select one: True False 2. Morley is retiring on his 70th birthday. How much of a CPP pension will he receive if he is entitled to the maximum monthly benefit of $700? Select one: a. $952 b. $994 c. $765 d. $700 3. Defined-contribution employer-sponsored retirement plans provide you with a specific amount of income when you retire, based on factors...
More than 100 small companies provide house-painting services and all of them advertise “First Class Quality”....
More than 100 small companies provide house-painting services and all of them advertise “First Class Quality”. Homeowners know, however, that painters can easily substitute low-quality for high-quality paints and that the homeowner won’t discover which quality was used until the paint ages, years after the painter has been paid. Moreover, painters go in and out of business and change the names of their companies frequently. Painters charge about $5,000 to paint a typical house. Experts estimate that doing a really...
Before 1996, no one company could own more than one media type in a major market...
Before 1996, no one company could own more than one media type in a major market (for example, a city). In 1996, the Federal Communications Commission (FCC) voted to deregulate the media industry. Companies can now own the local television station, newspaper, and radio station in a single market. One company, Clear Channel Communications, took advantage of this in the realm of radio, buying up over 1,200 radio stations by 2005. However, in November 2006, it announced a sell-off of...
*HOW WOULD I SET THIS UP IN A CHI-SQUARE TEST* An example for numerical to categorical...
*HOW WOULD I SET THIS UP IN A CHI-SQUARE TEST* An example for numerical to categorical data off the top of my head: Light of different color has different wavelengths, but certain ranges of wavelengths qualify as certain shades/hues/tints/etc. You can generalize and say a certain range can be called "blue" or "red". Red is usually attributed to light that has a wavelength between 780 and 622 nanometers, whereas blue light is between 492 and 455 nm. To the average...