• Sensemaking is the process by which people give meaning to experience. • The concept of sensemaking was first used to focus attention on framing experienced situations as meaningful. • Linking Choo (1998) model it can be asserted that the “successful leaders” are those who use information strategically on the basis of, namely, (a) sense making, (b) knowledge creation and (c) decision making. • These three highly interconnected processes play a strategic role in creating CA for a company (a) sense making • Sense making in organizations consists of four integrated (connected) processes: – Ecological change, – Enactment – Selection – Retention Sense making, • The internal changes of the organization that a leader decides to make are largely pushed by external factors (Ecological change) The organizations try to adapt and continue to prosper in an ever changing environment BY (enacting) through activities of seeking and interpretation of relevant information enabling it (the organization) to understand changes (selection/retention)
• In a more simpler form we can say the sense making is
a process in which due to ecological changes organizations act in a certain way so that they can survive in the changing environment, the behavior or the decision which is most significant for the survival of the organization is selected and retained. (b) Knowledge creation • Knowledge creating may be viewed as the transformation of personal knowledge between individuals through dialogue, sharing, and storytelling in order to generate new knowledge • The new knowledge generated, in its turn, allows the organization to develop new abilities and capabilities. • Knowledge creation widens the leader’s spectrum of potential choices in decision making by providing new knowledge and new competencies (c)Decision making • Third component of Choo’s (1998) model.
• The organization must choose the best option
among those that are possible and presented and pursue it based on the organization’s strategy.
• Decision making process in organizations is
constrained by the bounded rationality principle and GCM Bounded rationality principle. • According to Choo (1998) (i) the leaders decision making process is driven by the search for alternatives that are satisfactory or good enough, rather than seeking for the optimal solution; (ii) the choice of one single alternative implies in giving up the remaining ones and due to emergence of trade- offs or costs of opportunity.
This implies that leaders rational choices are not open
yet they are dependent which bounds him to settle for good rather than the best
Resources ma rakh ka rational decision lena.
• The garbage can model doesn’t see the decision- making process of a leader as a sequence of steps that begins with a problem and ends with a solution. • Instead, decisions are the outcome of independent streams of events within an organization. • These independent streams are problem points, potential solutions, participants and choice opportunities. The organization is a ‘garbage can’ where these streams are shaken up to take a decision THE EUROPEAN FOUNDATION FOR QUALITY MANAGEMENT (EFQM) MODEL EFQM model • The EFQM model looks at the way in which leader attains the goal of an organization. • EFQM Foundation was formed to recognize and promote sustainable success and to provide guidance to those seeking to achieve it. This is realised through a set of three integrated components which comprise the EFQM Excellence Model : – The Fundamental Concepts of Excellence – The Model Criteria – The RADAR Logic a) The Fundamental Concepts of Excellence
• The Fundamental Concepts of Excellence outline the
foundation for achieving sustainable excellence in any organisation. • They can be used as the basis to describe the attributes of an excellent organisational culture. • The eight Concepts have been identified through a rigorous process that included benchmarking globally, searching extensively for emerging management trends and, last but not least, a series of interviews with senior executives from a cross-section of industries operating across country. • Each of the Concepts is important in its own right but maximum benefit is achieved when an organisation can integrate them all into its culture. The Model Criteria
• The beauty of the Model is that it can be applied
by the leader to any organisation, regardless of size, sector or maturity. • The EFQM Excellence Model is based on nine criteria. Five of these are "Enablers" and four are "Results". • The "Enabler" criteria cover what an organisation does and how it does it. • The "Results" criteria cover what an organisation achieves. • The Enabler criteria are concerned with how the organisation conducts itself, how it manages its staff and resources, how it plans its strategy and how it reviews and monitors key processes. They are: • The organisation’s Results are what it achieves. These encompass the level of satisfaction among the organisation’s employees and customers, its impact on the wider community and key performance indicators. They are: • The arrows emphasise the dynamic nature of the Model, showing learning, creativity and innovation helping to improve the Enablers that in turn lead to improved Results. RADAR LOGIC The RADAR logic is a dynamic assessment framework and powerful management tool that provides the leader with a structured approach to question the performance of an organisation.
At the highest level, RADAR logic states that an organisation needs to:
• Determine the Results
– What are we trying to achieve? • Plan and develop an integrated set of Approaches – How do we try to achieve this? • Deploy the approaches in a systematic way to ensure implementation – How / Where / When was this implemented? • Assess and Refine the deployed approached based on monitoring and analysis of the results achieved and ongoing learning activities. – whether it is working? – What have we learned and what improvements can be made? What is an Inukshuk?
• The mysterious stone figures known as inuksuit.
Inukshuk, the singular
of inuksuit, means "in the likeness of a human“. • The traditional meaning of the inukshuk is "Someone was here" or "You are on the right path.“ • The Inuit make inuksuit in different forms for a variety of purposes: as navigation or directional aids, to mark a place of respect or memorial for a beloved person, or to indicate migration routes or places where fish can be found. • Inuit (Canadian) tradition forbids the destruction of inuksuit. Inukshuk KM model • The Inukshuk model (Girard, 2005) was developed to help Canadian government departments to better manage themselves. • The name Inukshuk is derived from the human- shaped figures built by piling stones on one another by the Inuit in the northern part of Canada to serve as navigational aids. • There were three main reasons for choosing this symbol : – It’s well recognized in Canada. – It emphasizes the key role played by people in organization. – All inukshuk are similar they are not identical, reflecting the variations being implemented in organizations. Inukshuk model • Inukshuk model comprises of five elements. – technology, – leadership, – Culture – measurement, – process. 1. Technology is a tool to collect, share and create new information among group members. 2. Leadership focuses on the task of a leader to guide, encourage and direct group members take actions in achieving organisational missions and goals. 3. Culture is about developing beliefs that would encourage individuals in the organisations. 4. Process refers to conversion of leaders and employees knowledge, from tacit to explicit and conversely. 5. Measurement is an element to determine whether leader has achieved its goals and mission in organisations. Leadership styles • Psychologists and management gurus have identified many leadership styles • While some leaders stick to one particular style of leadership, others tailor their styles according to what the situation demands. Six leadership styles • Transformational Leadership • Pace Setter Leadership • Laissez-Faire Leadership • Coaching Leadership • Authoritative Leadership • Charismatic Leadership Transformational Leadership • Examples: Mark Zuckerberg (CEO, Facebook) Key Phrase: “I can do it better” • These leaders know that transformation is what is going to make their company succeed within a given industry. • They challenge the status quo by introducing a new way of doing something. • Be it a new way to consume music or to connect with people online, these leaders are innovators in every sense of the word. • Strengths: 1. Finds a better way of doing something 2. Can spot what is not working more easily than any other leaders 3. Can cater to niche markets Weakness: 1. Can put people off with the amount of risk involved, as they sometimes challenge market leaders 2. Can conflict with people who resist change Pace Setter Leadership • Examples: Elon Musk (CEO, Tesla), Jeff Bezos (CEO, Amazon), Bill Gates (Former CEO, Microsoft) Key Phrase: “Let’s dream big and set standards” • These leaders set the pace for their own company and others in the industry to follow. • The example of how Elon Musk opened up Tesla’s patents and set standards for the future automobile industry to follow is a perfect example of a Pace Setter. • Other automobile companies will likely need to match Musk’s actions to keep pace with Tesla. • Strengths: 1. True visionaries can revolutionize an industry and cater to future markets 2. Will be “two steps” ahead of their competitors 3. Will lead by example and empower people with their own deep-seated values • Weaknesses: 1. Can be outdone by other transformational leaders 2. Staff can get easily burnout by trying to keep pace Laissez-Faire Leadership • Examples: Warren Buffet (Business Magnate and Investor), Richard Branson (Founder, Virgin Group) Key Phrase: “I’ll give you the tools and autonomy to execute” • Think “hands-off” when you talk about laissez-faire style of leadership. • Leaders delegate responsibility for the accomplishment of work objectives and hand over decision-making power to their employees. • They do however provide general direction and the tools for goal achievement. • “A business has to be involving, it has to be fun, and it has to exercise your creative instincts,” is Richard Branson’s quote that is often used to highlight his laissez-faire leadership style. • Strengths: 1. Enables employees to have creative freedom and approach their task autonomy 2. Great for creating future leaders 3. Delegation of tasks results in better use of time for the leader 4. Successors are naturally created Weakness: 1. Employees or team members who need more direction can be at a loss 2. Productivity can suffer if the leader fails to infuse a strong sense of accountability among his/her staff 3. Each employee or team member needs to have high levels of self-motivation to work under this leadership style Coaching Leadership • Examples: Nick Bollettieri (American Tennis coach to grand slam winners like Andre Agassi, The Williams Sisters, Maria Sharapova and more), • Key Phrase: “Let me teach you how its done” • This style of leadership focuses on the strengths and weaknesses of individual team members or employees. • This type of leader coaches a person to realize his or her potential and in the process achieves the identified goals. • Strengths: 1. Knowledge transfer takes place gradually 2. Great for creating successors 3. Creates feelings of empowerment and motivation amongst team Weaknesses: 1. Might discourage independent work among staff, while dependencies on the leader can increase 2. Does not work with large teams and organizations Authoritative Leadership • Examples: Alex Ferguson (Former Manchester United team manager), Margaret Thatcher (Late U.K. Prime Minister), Jack Welch (Former CEO, General Electric) Key Phrase: “I direct, you follow” • These leaders follow a commanding and hands- on style of leadership. Authoritative leaders are known to keep their teams on their toes, while constantly providing direction and instructions. • Strengths: 1. Great during crisis situations and at inflection points 2. Can get work done Weaknesses: 1. Can choke creativity 2. May limit the creation of future leaders within an organization 3. Might invoke fear among staff, instead of true respect Charismatic Leadership • Examples: Barack Obama (U.S. President), Oprah Winfrey (TV Show Host & Media Proprietor), Bill Clinton (Former U.S. President), Imran khan Key Phrase:“Let’s do it together” • Charismatic leaders is full of charm allowing them to connect with and mobilize people to achieve goals. These leaders easily appeal to people and use their strengths to forge lasting business relationships. • Strengths: 1. Can inspire people to act and move towards goals 2. Are seen as more approachable and friendlier than other leaders 3. Can build strong relationships and also repair relationships gone sour Weakness: 1. While charismatic leaders are proven activators, they sometimes lack follow-through when it comes to execution 2. May miss out on finer technical and practical details since they focus more on human relationships • With rapid changes in work styles and expectations of the younger workforce entering the market, the need for more laissez-faire leaders is on the rise. • However, the importance of other leadership styles has not diminished in any way. • Volatile markets, an ever increasing demand for better products and a changing workforce mean leaders now need to more agile and versatile to assume various leadership styles as needed.