Sales Manager and a Finance Manager - 4199 Words

INTRODUCTION Purpose of Report and Intended Audience The purpose of this report is to evaluate the everyday job requirements, prerequisites, and benefits of a sales manager and a finance manager. Also, the work environment and growth of the each industry will be analyzed. Background Currently attending Santa Fe Community College for the past year, will be earning his Associative Arts degree at the end of spring semester in 2008. After graduating from Santa Fe Community College he will be transferring to the University of Florida in the summer of 2008 to double major in Financial Management and Business Management. This report is intended for Professor Gail Ellyson, who is an English professor at Santa Fe Community College.†¦show more content†¦Some fields that have a Sales Manager include retail, wholesale, and manufacturing trade, insurance and finance, car dealerships and management consulting firms (ACT, DISC, 2006-07). Possibilities for advancement into higher level management can be accelerated by time on the job, ability, leadership and continued education as well as certification programs can increase the rate at which you are promoted in the business that you choose to work (USDOL, BLS, 2006-07a). Strengths/Interests Required. Strengths that are required in Sales Management are important. One must be a good leader and be able to manage people successfully (ACT, DISC, 2006-07). It is important that the manager have good people skills and be able to communicate effectively (USDOL, OOH, 2006-07). As a Sales Manager, one must know how to sell, whether it is a good or a service, being a good salesman is very important. Having computer skills is very necessary this day and age because of the rapid growth of technology and how it simplifies processes that used to be quite time consuming and difficult. Being able to speak the language of your customers clearly is very important as well as some knowledge of mathematics (USDOL,BLS, 2006-07a). Good time management skills are a must as well if one is to succeed in becoming a great sales manager. FinanceShow MoreRelatedMatrix Analysis : Matrix Management Essay1135 Words   |  5 Pagesmultiple managers, who have different roles. A matrix example has been illustrated in the fig below. Finance Marketing Operations Sales Finance Manager Marketing Manager Operations Manager Sales Manager Product A Product Manager Fin Team(A) Mark Team (A) Operations Team (A) Sales Team (A) Product B Product Manager Fin Team(B) Mark Team (B) Operations Team (B) Sales Team (B) Product C Product Manager Fin Team(C) Mark Team (C) Operations Team (C) Sales Team (C) Product D Product Manager Fin Team(D)Read MoreCost Volume Profit Analysis Of Decision Making Essay1558 Words   |  7 PagesCost-Volume-Profit and its use or impact on decision making for financial managers. The paper focuses on the details, methods, and uses of Cost-Volume-Profit Analysis as it can be used by organizations and add benefit to the organization. â€Æ' Cost-Volume-Profit Analysis In Decision Making When studying finance in college almost all classes will cover Cost-Volume-Profit (CVP) Analysis to their students as a tool to help finance managers make decisions in running their organizations. What is CVP and howRead MoreEssay on Feasibility Report1189 Words   |  5 Pagesstudents, faculty and alumni to sell their original creations on a consignment basis. This not only allows students to earn recognition and profit, it enables Merchandising Society members to gain experience in buying, product development, marketing, finance, customer relations, management, visual merchandising, and website development. The Style Shop offers students the chance to develop a sharper awareness of group dynamics, build professional relationships, and actively participate in our college educationRead MoreCase Study : The Hotel Organizational Structure839 Words   |  4 Pagesrooms, marketing and finance. The staff close relation or contact with guests is regarded as â€Å"front of the houseà ¢â‚¬  and what the guest are not cognizant of is called â€Å"back of the house.† For instance the wait staff of the restaurant is regarded as front of the house on the contrary the kitchen staff is back of the house. In grand hotels, responsibilities of division are held by managers and directors. On the other hand in small hotel, each division is supervised by the general manager. The general takesRead MoreToyota Motor Sales Essay example933 Words   |  4 Pagesrewarding the performances of the regional general managers. Be sure to identify the key issues related to managerial authority and financial responsibility. TMS’s system of measuring, evaluating, and rewarding the performances of the regional general managers was, as they called it, â€Å"tiered†. They started the rewards at the top, the general managers, and allowed them to allocate the rewards throughout their salesmen based on sales, and when the sales occurred. With TMS being the largest seller ofRead MoreA Functional Structured Organization With Hierarchal Rankings1403 Words   |  6 PagesZachary Houghton is part owner of Kovà ¡l and manager or sales and advertising. Some of his duties include; overseeing all sales, setting long range sales goals and schedules, and leading company-wide business meetings. Weekly sales reports are given to Zachary showing total sales, revenue, and losses, with this data, he can make educated decisions and decide the direction that the company will take as it pertains to sales. Long range, one to five year, sales goals and schedules must be set so that lowerRead MoreSop for Handling Theft, Robbery Cases1435 Words   |  6 PagesRESPONSIBILITIES: All employees are handling cash, stock, goods etc., must ensure compliance with this Standard Operating Procedure (SOP). PROCEDURES: A. ROBBERY: 1. All Branch Managers/Sub-Branch Managers/D.C. Managers will ensure before closing the office that all vans have entered in the branch, cash has been counted kept in safe, security guards has taken their positions etc. 2. Security guards should have different positions butRead MoreEngineering Management1281 Words   |  6 PagesChapter 11 1. How may the marketing concept be explained? Is it applicable to engineering firms? * The marketing concept state that the engineer manager must try to satisfy the needs of his/her clients by means of set of coordinated activities. * It I applicable to an engineering firm because, same in other firms they need to survive, to be able to do so they must continuously generate income by selling enough quantity of their products or services. 2. What is meant by the termRead MoreThe Impact Of Big Data Analytics On Business Performance Essay730 Words   |  3 PagesInformation Technology Manager for more than ten years, I have the opportunity to implement one of the most sophisticated Big Data analytical technology, which is the Business Object by SAP, in one of the companies that I worked for. Almost all departments in the company felt improvements in their business performance after implementing and then using the Big Data analytical tool â€Å"Business Object by SAP† , the argues of the effect of using Business Object analytical tool on finance, sales, and Human ResourcesRead MoreCapital Structure Of A Firm1670 Words   |  7 Pagesactivity must be financed. Without finance to support their fixed assets and working capital requirements, business could not exist. In all aspects of capital investment decision, the capital structure decision is the vital one since the profitability of an enterprise is directly affected by such decision. Therefore, proper care and attention need to be given while determining capital structure decision. Capital structure decisions are among the most significant finance decisions companies encounter

Questions on Marketing - 1536 Words

List and describe the main benefits markets receive by segmenting markets. Give examples of how these benefits may be realize. The market develops from mass marketing and product-variety marketing to target marketing. In mass marketing, the seller mass produces, mass distributes and mass promotes one product to all buyers. At one time, Sony product only one type of television for the whole market, thus create hard selling. Product-variety marketing, the seller produces two or more products that have different features, styles, quality, sizes and so on. Later, Sony produced several of television sets with different screen sizes and outside frame (casing) colors. However, customers have different needs that change over time. Customers seek†¦show more content†¦The market positioning consisted of develop positioning for each target segment and develop marketing mix for each target segment. Once a company has decided which segments of the market it will enter, it must decide with positions’ is wants to occupy in those segments. Product position is the way the product is defined by consumers on im portant attributes-the place the product occupies in consumers’ minds relative to competing product. For examples, after Sony has been selecting their target market, they are concentrating on what this select market wants. If they are target to the young age, they may pay more attention to how to maximize their product function and catch up with fashion. If they are target to the female, they will focus on how to make they product more delicate and smaller. 2. You text book describes three major market coverage strategies. Compare and contrast these strategies giving examples throughout. A target market consists of a set of buyers sharing common needs or characteristics that the company decides to serve. The company can adopt one of three market-coverage strategies: undifferentiated marketing differentiated marketing or concentrated marketing. The undifferentiated marketing strategy, a company might decide to ignore market segment difference and go after the whole market with one market offer. It focuses on what isShow MoreRelatedMarketing and Question1102 Words   |  5 PagesQuestion 1 List and briefly explain the external or macro-environmental forces indicating how each element can affect the ability of the organisation to compete in the market. External Environment (Chapter 3) Question 2 Differentiate between the core product, the actual product, and the augmented product as these concepts apply in the motorcar industry. Product (Chapter 8) Question 3 Draw a product life cycle diagram showing the sales and the profit changes that occur over a typicalRead Moremarketing questions13877 Words   |  56 Pagesanswers the question.    ____  Ã‚  Ã‚   1.  Ã‚   An interactive, flexible information system that enables managers to obtain and manipulate information as they are making decisions is called a: a. single-source system b. marketing information system c. primary data system d. marketing decision support system e. database marketing system       ____  Ã‚  Ã‚   2.  Ã‚   The function of _____ is to address what if questions. It entails planning, collecting, and analyzing data relevant to marketing decision makingRead MoreMarketing Questions1574 Words   |  7 Pagescustomer relationships. a. Management b. Control c. Marketing d. Human Resources D5. The two fold goal of marketing is to attract new customers by promising superior value and to _____. a. keep and grow current customers by delivering satisfaction b. keep and grow current customers by delivering competitive pricing c. keep and grow current customers by delivering friendly service d. all of the above C6. Marketing is more than _____ and advertising. a. distribution bRead MoreQuestions On The Marketing Strategy1021 Words   |  5 Pagesimportant to for lululemon athletica inc. to address in order to improve their stand in the market. Marketing A major issue with Lululemon Athletica Inc. is their marketing strategy. Currently, they are following a marketing strategy similar to word-of-mouth, focusing solely on a few key players to help get lululemon out there (Marketing, BUS 340). This stems from various grassroots, community-based marketing efforts and the use of social media. The main sources come from two key people that work directlyRead MoreMarketing: Study Questions6268 Words   |  26 PagesModule 1 Study Quiz 1. Marketing is: a) About invention of new markets, new products and new services b) About the invention of new ways of distributing and reaching customers c) About researching, finding, understanding and making new markets d) About creating and changing market processes that change markets e) All of the above 2. A responsibility of marketers is to sell new products and ideas to decision-makers in their organization. a) Yes b) No 3. The focus of companies needs to be on winning:Read MoreMarketing Question Bank16868 Words   |  68 Pages___________________________________________________________________________ 1. 2. 3. 4. 5. 6. Marketing is basically selling and advertising. True False According to the text, marketing means selling or advertising. True False Marketing, in the literal sense, means selling or advertising. True False Marketing means promotion and selling. True False Actually making goods or performing services is called marketing. True False Estimating what price consumers are willing to pay for a product and if theRead MoreQuestions On The Marketing Strategy1246 Words   |  5 PagesProject MKTG 205 – Principles of Marketing 9/3/16 Abstract This paper will discuss certain aspects of Apple IPhone. It will also talk about the promotional decisions based on the marketing strategies. â€Æ' Marketing Introduction This paper will discuss certain aspects of Apple IPhone. We will also talk about the promotional decisions based on the marketing strategies. We will specially discuss; definition of marketing, introduction of product, situation analysis, marketing strategy, pricing strategyRead MoreQuestions On The Marketing Definition Of Product851 Words   |  4 PagesActivity #12 - Questions 1. Review the marketing definition of product. Why do you think marketers define product so broadly? How does the definition of product affect quality? I looked at the definition of product and it is very short and boring. I think it is defined this way because so many people have their own meaning of the term and how it works. I think it affects the quality a great deal. If the definition is not intriguing to viewers and customers it does not draw people in. 2. List fiveRead MoreQuestions On Choosing Content Marketing Essay1140 Words   |  5 PagesAlternate Titles 1. Why You Need to Include Content Marketing in Your 2017 Budget 2. If Your 2017 Budget Omits Content Marketing, Revise It The marketing world is constantly evolving. A century ago, there were few options for spending your marketing dollars. Then came radio, followed by television, followed by the internet. The internet may have been the greatest game-changer in the history of marketing, leveling the playing field so that small businesses and entrepreneurs could compete with majorRead MoreQuestions On Marketing Your Business Essay1246 Words   |  5 PagesMarketing Your Business 10 Tips You Can Use This Year To Grow Your Business Here’s 10 useful tips you can use immediately in growing your business. Whether you’re one location or 20 you can effectively compete against juggernaut big box stores and deliver more value without having to make price the single most important part of the customer equation. Here’s how. 1. Make an offer. The success of any ad campaign whether online or in print is â€Å"the offer†. Price is always the lowest common denominator

Unit 210 Support learning activities - 814 Words

Unit 210: Support learning activities Assignment 1: Describe how a learning support practitioner may contribute to the planning, delivery and review of learning. What learning support strategies have you used or could you use to meet the needs of your learners? Learning support practitioners can be an invaluable resource in the successful planning, delivery and review of learning. They can offer immeasurable support to the teacher and, most importantly, to the pupils. However, that support is only truly effective if it is organized, structured and consistent – both in terms of the learning objectives set by the teacher and the pupil’s own learning needs. There are many ways in which a learning support practitioner can contribute†¦show more content†¦The delivery of learning support is not complete, however, until you have fed back to both the pupil and the teacher and reviewed your own success as a learning support practitioner. In feeding back to the pupil it is vital that your feedback is constructive. This does not necessarily mean it has to be positive but it is vital that it is not destructive. It should serve to encourage and help the pupil. Feeding back to the teacher is equally as important as this will provide the teacher with information as to individual pupils’ progress, any difficulties they might be having (or indeed that you might be having) and this in turn will feed into planning for the next lesson as per Wilkinson’s Classroom Process Cycle. The importance of the role of teaching assistant should not be underestimated as they provide essential support to both teachers and pupils alike. As the demands put upon teachers are increased seemingly year by year, the learning support practitioner is there to contribute to all aspects of the planning, delivery and review of learning giving a broader support structure for the teachers and a more complete learning experience for theShow MoreRelatedï » ¿Unit 210 Support learning activities1371 Words   |  6 Pagesï » ¿Unit 210 Support learning activities . Assessment Criteria Outcome 1 Support the teacher in planning learning activities 1.1 Describe how a learning support practitioner may contribute to the planning, delivery and review of learning activities Helping in activities would be delivery, if you pass on ideas, observations or suggestions that would be contributing to planning. 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She earned her Baccalaureate Degree in 1939 and Master’s Degree at Catholic University of America, Washington DC in 1945. Orem was also the Director of School of Nursing at Providence Hospital, and started developingRead MoreApplying The Orem s Self Care Theory1641 Words   |  7 Pagesexposure to nursing through her aunt who was an operating room nurse. Orem earned a nursing diploma in 1934 at Providence Hospital Nursing School in Washington, DC where she practiced in the operating room, pediatrics, home care and medical surgical unit a fter receiving her diploma. She earned her Baccalaureate Degree in 1939 and Master’s Degree at Catholic University of America, Washington DC in 1945. Orem was also the Director of School of Nursing at Providence Hospital, and started developingRead MoreFundamental Determinants6264 Words   |  26 Pagesoutstandingly different this time to maintain the high standards that the Foundation had set in the field of special education. Special Schools A special school is a school catering to students who have special educational needs due to severe learning difficulties, physical disabilities or behavioral problems. Special schools may be specifically designed, staffed and resourced to provide the appropriate education for children with additional needs. Students attending special schools generallyRead MoreEffect of Online Games Addiction on Study Habits1696 Words   |  7 PagesTHEORETICAL FRAMEWORK This study further concerned on cognitive ability of the students and their performance in the actual classroom interaction. The following are the three theories of motivation that supports the idea on how to arouse the attention of the students: 1. Instrumental/operant learning: (Skinner) it states that the primary factor is consequences: rein forcers are incentives to increase behavior and punishers are disincentives that result in a decrease in behavior. (Stimulus =Read MoreElectronic Data Interchange ( Edi ) Specialist888 Words   |  4 Pagesproductivity. Expertise in: Asset and Configuration Management | Waterfall and Agile Methodology Business Analysis | Quality Assurance | User Acceptance Testing (UAT) PROFESSIONAL EXPERIENCE PUROLATOR INC., Mississauga, ON 2008 to 2016 EDI Developer Support Analyst, IT Shipping Channels, Quality Assurance 2015 to 2016 Led technical projects and integration of electronic data interchange (EDI) to deployment and production handover stages. †¢ Managed strategic and rapid time-to-market project for AmazonRead MoreEducation Is The Root And Foundation Of A Person s Growth Essay1572 Words   |  7 Pagescomprehension are being supplied. In spite of their ethnic root, monetary status, and religious convictions, all Filipinos have the right to access education (Castro, 2014). Unfortunately, not all are receiving the adequate and stable way of having a smooth learning because of the lack of school, teachers, money, limited resources, and even because of militarization around the world.One of them are the Indigenous People of Mindanao in the Philippines called the Lumad. According to DepEd (n.d), 48% of the population

Different styles of Leadership and Management

Questions: 1.Discuss how different styles of leadership and management can impact an organisation and the decision making process? 2.Provide examples to demonstrate how leadership is manifested in leading global companies(work-related learning)? Answers: Introduction According to Haslam, the leadership can be defined as the concept or art of influencing the individuals in such a manner that they have their significant involvement and willingness in the achievement of the set goals and objectives (Haslam, Reicher and Platow, 2010). It is considered as a transaction among the followers and the leaders in which there is passing of guidance, lessons, information and experiences from the leaders to his subordinates. From the organisational context, there is enormous significance of organisational leadership as the success and future sustainability of any organisation is highly relied on the decisions and approaches of the leaders. It is the fundamental nature of leadership that there is motivation of the employees, efficiency in team working, resolution of the conflicts and the team working (Nahavandi, 2016). There are three primary leadership fundamentals which comprises of situational, non-hierarchical and relational. The situational leadership stat es that the leaders are developed according to the situations. Once the situation is diverse or gets modified, there is a need of a different leader. As per the non-hierarchical leadership fundamental, the leaders are not only the ones who all are positioned at the top level managerial positions in an organisation. There are several reasons such as political influences etc. which acts as a reason behind the positioning in an organisation. But leadership can be at the grass-root level too depending upon the competence and qualities. And so as per this fundamental nature, leadership can be understood as a non-hierarchical approach. The third basic fundamental is that leadership is relational which demonstrates that for becoming a leader and to have successful leadership, there is a need to have the associated followers (Western, 2013). Without having the followers, once cannot have leadership. And by this aspect there is a fundamental that leadership is relational. The following essay will highlight various styles of leadership and management and their respective impact over the organisation and the decision making process. By portraying the real life organisational examples, the later part of the essay will demonstrate the manner in which leadership is manifested in the global world (Schein, 2010). Impact of leadership on the organisation and the decision making process In the past decades, leadership was considered as an inborn human aspect which has its entire significance and major impact upon the leaders only. But with the change in theories and applications, leadership has it direct impact upon the employees and the organisational decision making. There are different types of leadership styles and each one has its diverse impact over the individuals and the organisation. The first and the extremely argued leadership style is the autocratic leadership. In this form of leadership, the individual is more of a dictator instead of a leader who imposes direct orders and instruction on the followers. The decision making is impacted by this kind of leadership as the decisions are taken at a much faster rate as there is no kind of discussion which takes place before taking a decision (Boerner, Eisenbeiss and Griesser, 2007). The leader is the instructor or decision maker which takes the decision on his own grounds. The decisions taken have a positive impact upon the employees who are poor performers or are lethargic. But on the other hand, this imposes a negative impact upon the employees who are competent and capable enough to give suggestion md are hard-working. The organisation gets the outcomes on an immediate basis as there is no delay in decision making process but there are equal chances of failure or success (Asree, Zain and Rizal Razalli, 2010). The second leadership style which is much discussed is the bureaucratic leadership. In this form of leadership style, the leaders are much relied upon the several leadership approaches and theories instead of their own leadership traits. This kind of leadership style is generally preferred in the organisations which works upon a set standard and do not need any kind of change or modification in the operations. For example, the organisations in the pharmaceutical industry work under this form of leadership as they need to have a similar kind of drug or medicine to be produced every time (Garca?Morales, Llorns?Montes and Verd?Jover, 2008). The organisational decision making is impacted by the bureaucratic leadership in both a positive as well as a negative way. The positive outcome of bureaucratic leadership is that there is delivered standard outcomes which supports the organisation in maintain the quality and the standards of the products and services. On the other hand, the negative implication is that apart from the pharmaceutical industry, if this kind of leadership is incorporated then it results in boredom and monotony. There is no innovative practices which h takes place in an organisation and thus the organisational productivity and the customer base both declines with an increasing rate. The morale and passion of the employees also set down and there comes a point of saturation at an early stage (Lee, et al., 2010). The third leadership style which has a significant impact on the organisation and the decision making processes is the charismatic leadership. The form of leadership is well known as the transformational leadership style. In this kind of leadership, the leaders possess unique and natural leadership traits which cannot be easily copied by other individuals. These kinds of leaders are more of influencers in nature rather than a leader as they highly motivate the employees to work hard and achieve organisational goals. the decision making process is impact in a manner that the decisions taken by a charismatic leader is well supported by all the follower and the organisational members as there is formation of trust among the leader and the subordinates (Obiwuru, et al., 2011). The organisation gets positively impacted as the by the charismatic leadership, the employees get motivate to work beyond the ordinary performance and as a result there is enhanced organisational productivity. Ther e is also takes place smooth decision making as there does not exist any kind of conflicts among the individual interest of the followers and the leader. Hence, it has been evaluated by several theorists that charismatic leadership is the best kind of leadership to be implemented in an organisation (Sarros, Cooper and Santora, 2008). The next leadership style which gets the maximum support of the organisational members is the democratic leadership. In this form of leadership style, the primary objective of the leader is to develop trust among the employees. The employees are offered an opportunity to participate in the organisational decision making process (Steyrer, Schiffinger and Lang, 2008). They are given chances to share their ideas and viewpoints by which the organisation can achieve rapid and long-term gain. There is high level of employee engagement in the democratic leadership style. The organisation gets impacted with this type of leadership style in a very constructive and positive manner as the employees sense they are a vital part of the organisation. This results in higher organisational efficiency and productivity. It also develops a healthy and friendly working environment at the workplace which results in personal as well as professional development of the employees. The decisions takes are also of mutual acceptance and there is no kind of conflicts related to the judgments practiced. The positive outcome of charismatic leadership is efficient decision making, development of innovative ideas, motivated organisational staff, creative thinking, improved employee engagement, decrease number of conflicts and high retention rate of the employees (Nguyen and Mohamed, 2011). The last but one of the much recognized leadership style is the laissez-faire leadership. In this form of leadership, the leader is actually a coach or a mentor which guides the employees regarding the decisions as the leader passes the decision making power to the highly competent and skilled staff who are capable enough to take decisions. There is delegation of authority to the employees for decision making. This impacts the organisation and the decision making process in both a positive and a negative manner (Walumbwa, et al., 2011). The positive aspect is that there is rapid decision making as the employees do not have to wait for the leader and his approval for taking any decision in case of any uncertainty or problematic situation. It also leads to improved motivation and engagement of the employees. The negative aspect is that if there will be delegated decision making authority to more number of employees then it may result in occurrence of conflicts as individuals can take d ecisions which benefits them the most. Thus, instead of working for the shared organisational goals, people will work for eth accomplishment of their individual goals (Ojokuku, Odetayo and Sajuyigbe, 2012). All the leadership styles explained above have their positive as well as negative impact on the organisation and the decision making process. As all the organisations are diverse in nature, thus the leadership style must be chose according the type of organisation, the situation and the type of workforce present in the organisations so that maximum positive benefits can be availed from the leadership style followed in the organisation. Demonstration of leadership manifestation in the leading global companies Leadership is that vital element which has its presence in all types of organisations irrespective of their size and time of establishment (Northouse, 2012). There are several examples which demonstrate the leadership manifestation in many leading global organisation. The first example which shows the negative aspect of autocratic leadership in an organisation is the merger of the Chrysler and Daimler. The merger of both these automotive companies was a result of the autocratic leadership of the CEO of Daimler-Benz, Jrgen Schrempp. There was much internal opposition which took place because of the merger decision in the year 1998 (Daimler, 2017). But this was regarded as a bad decision for Daimler and the agreement was revoked back in the year 2007. This shows that because of autocratic leadership, the organisations many a times takes inappropriate decisions too which leads to negative implications for the organisation in the long run (CampbellJo, Whitehead and Finkelstein, 2009). On the other hand, Apple Inc. is one of the most recognized examples of leading the consumer electronics industry. Steve Jobs, the founder of the organisation was considered as one of the most autocratic leader in the business world. But with a conformist and repressive leadership, there took place rapid success and growth of the organisation. This shows that the autocratic leadership style can also leads to huge progress. Another example of the leadership manifestation can be realized by the application of bureaucratic leadership style at the organisations. The bureaucratic leadership can be seen in the government organisation or in the public services. The governments, various public sector organisations still follow the same rules; regulations are organisational culture which was followed back decades. This negatively impacts the development of the government organisations and the national economy. Due to bureaucratic leadership, all the procedures are sane. There is no change or adaptation of technologies and new procedures in an organisation. The bureaucratic leadership thus acts as the barricades in the success of the organisation. For example, Panasonic Corporation, one of the well-known companies in the electronic industry faced a huge downfall because of the reason that it stick to standardization and does not have innovations in its products as demanded by the changing time. The higher author ities remained bureaucratic in adopting different technologies (Solis2013). Thus, as a negative impact of this, the market share and the revenues of the company have fallen down with a high rate. One of the leading organisations, which have attained huge recognition by incorporating bureaucratic approach in the management and having standard services by preserving the cultural heritage, is Taj Group of hotels. The hotel has expanded in several overseas regions but has maintained the insights of the cultural heritage at each of its branches (Kamath, 2013). This demonstrates that the standardization and working over set standards and theories also leads to huge success. The examples of charismatic leadership in the leading global organisations are increasing day by day. The organisational mangers and higher authorities are following the charismatic leadership at their workplaces so that they can have improved and enhanced brand recognition. There are several names in the corporate world that have attained huge success and organisational growth with their charismatic leadership. One of the prominent names out of those is of Mark Zuckerberg, the founder of the worldwide renowned social media site, Facebook. The corporate personality is analyzed as one of the most charismatic leaders across the world. The leadership traits of Zuckerberg are exceptional and unique which has made Facebook today as one of the largest corporation in terms of customers, revenues and global presence. The individual with his charismatic leadership has developed a bond of trust with its employees as well as customers and expanded its visibility across the globe. The decision m aking ability of Mark Zuckerberg is highly appreciated as the decisions taken by the corporate leader has enormous positive impacts over the workforce as swell as the individuals associated with Facebook (Petriglieri, 2012). Another glimpse of leadership manifestation includes examples of leading global companies incorporating democratic leadership at its workplace. The corporate leaders who have followed democratic leadership in their business organisation have attained giant success and organisational development. Some of the well-known democratic leaders who have followed democratic leadership in the organisations are Indra Nooyi, the CEO of PepsiCo and Ginni Rometty, IBMs CEO. Both the corporate leaders have established themselves as the recognized examples of democratic business leaders. Indra Nooyi, as a democratic leader has made the company as one of the largest beverage and food corporation. The primary aspects of the democratic leadership of Indra Nooyi comprises of building strong communication channels among the higher authorities and the organisational employees, continuous efforts for relationship building, motivate the employees and boost their morale. All these qualities of her signify he r as one of the top democratic leader in the corporate world (centerforworklife, 2014). The IBMs CEO, Ginni Rometty, is also one of the famous democratic business leader as with her strong leadership she has made IBM one of the pioneering and renowned name in information technology industry. She practices the qualities and aspects of a highly democratic leader such as she has a great alignment with the workforce. All the organisational members are involved in the decision making process, they are offered an opportunity to give their suggestions or ideas for change and development. Thus, the democratic leadership at IBM has made the company developed into one of the most robust organisations (centerforworklife, 2014). In the corporate world, there are also several leading organisations which have experienced leadership manifestations of the corporate leaders following laissez-faire leadership style. The most prominent example is Google and its laissez-faire leader Larry Page, the CEO of Alphabet Inc. which is the parent corporation to Google. With the continuous efforts and efficient leadership style of Larry Page, today Google is the most successful company across the globe which has come as a revolution in the world (larrypagebusinessleader, 2013). Just like a laissez-faire leader, Page empowers others i.e. his organisational employees to work for them, take organisational decisions of their units. He guides them with his sound and projected leadership. He makes every possible effort to bring innovation in the functions and business activities. The employees at Google are the leaders, evaluators and controllers of their own work. With such as supportive and laissez-faire leadership, Larry has em powered both the employees and Google to have continuous development and success (centerforworklife, 2014). All the above examples show that in the business world also, there are present different styles of leadership as per the need of the business organisation. Every corporate leader has distinctive leadership qualities. Some have supported the growth of the organisation whereas some have resulted in the organisational letdown. But it shows that there is present leadership manifestation in the leading global organisations too (Selznick, 2011). Conclusion From the overall analysis of the essay, it can be stated that leadership is the most significant factor which directs the organisation towards the positive or the negative outcomes. Leadership plays a vital role at each and every phase of an organisation. It is the factor which provides a direction to the organisation to work effectively; it also acts as a source of motivation for the employees and their improved productivity. The development of innovative ideas, team spirit, increased morale, enhanced confidence and decrease conflict rates are the results of a sound leadership only. From the essay it can conclude that, all the give leadership styles i.e. democratic leadership, autocratic leadership, charismatic leadership, laissez-faire leadership and bureaucratic leadership have their respective importance and significance as per the type of organisation and business operations. All these leadership styles have diverse set of traits and characteristics which the leaders possess. Th ere is a direct and significant impact of these different leadership styles on the organisation as well as on the decision making processes. The decision in an organisation gets affected by the kind of leadership followed in an organisation. From the analysis of the impact on the organisation, it can be identified that charismatic leadership and democratic leadership are the two leadership styles who have maximum positive outcomes in comparison of the rest three leadership styles. In present scenario, employees or the organisational individuals can be managed more efficiently through the democratic and the charismatic leadership styles. From the discussion of leadership manifestation in the leading global companies, it can be conclude that there are number of recognized and potential corporate leaders that have sound leadership traits which have resulted in rapid organisational growth. The both positive and negative aspects have been analyzed of the leadership styles possess by the business leaders in the global organisation. Lastly it can be stated that, all the organisations must give great emphasis upon the leadership factor for achieving long-term sustainability, employees engagement and enhanced brand recognition. 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