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Principles
and Practice of Management
CASE STUDY (20 Marks)
Based
on Hollywood blockbuster Troy, this case study helps in studying various
leadership styles. In the backdrop of the Trojan War, the case study highlights
the leadership styles of the protagonists – Agamemnon, Achilles, Hector, Priam
and Odysseus. While there were several leaders in the Trojan War, each with a
distinct leadership style, which is the best leadership style, is debatable.
For leaders in various organizations; which is the best leadership style for
them? Moreover, what works best for an organization may not work for the other.
Further, what defines the enduring impact of a leader – style or substance?
Instances of the Trojan War captured in the case study give an introduction to
the various leadership styles, provide a clue about the appropriate leadership
styles for organizations and help ponder on Henry Fayol’s theory of
‘subordination of individual interest to general interest’.
Answer
the following question.
Q1.
Explain different styles of leadership.
Q2.
Discuss and debate on ideal leadership styles for organizations.
CASE STUDY (20 Marks)
National
Printers LTD, is a nationwide company engaged in printing and packaging
industry with a market share of around 20 percent. Its corporate office at
Mumbai, is a buzz with the appointment of director, personnel, Mr.Shashikant
and today he’s to present his ideas in first meeting he has called. The meeting
attended by three VicePresident, heads of finance, marketing and around 45 managers,
started and he was called upon to present his views. Mr.Shashikant started, “my
division is responsible for developing performance standards evaluation and
personnel development of line managers. I want to specially focus on larger
issue of developing their abilities the company has relied upon evaluation by
superiors and personnel department. But may I suggest, that the performance of
the manager should be evaluated by adding one more element, i.e., information
obtained from their subordinates.” He added, “I propose a procedure for obtaining
information on key parameters as viewed by the subordinates. The procedure is simple.
Each manager and his subordinates will meet in presence of personnel trainer
and discuss the concept. One trainer would then complete a question which would
indicate his/her expertise, people skills, functional skills, etc. the
subordinates will judge the manager on numerical scale and also provide base
for such rating. The responses should be kept anonymous, if desired”. “Once all
the information is received, trainers will meet managers, brief them and
discuss. The purpose is to develop a plan where provisions of corrective
actions, training programs and skill enhancement can be suggested”.
Mr.Shashikant concluded by reaffirming that the exercise will provide valuable
information and feedback and also help managers to develop themselves. He said
once the offer is accepted, standards for performance shall be developed by the
top management and then further steps would be taken.
Answer
the following question.
Q1. As
a manager with this company. What’s your reaction to this offer?
Q2.
Give reasons, if you agree for training on skill development based on the
performance report
CASE STUDY (20 Marks)
Since
its inception, the core values of Hermes had been craftsmanship and quality
that had made the company one of the most renowned luxury brands in the world.
Hermes had a fierce commitment to the quality and refinement of its products.
The company claimed that one artisan fabricated each item rejecting mass
production, mechanization, and assembly lines. This tradition of hand stitching
was known as the company’s lifeline, having been started by its founder
Thierry. With the advent of automobiles, the company’s core business of
stitching saddles began shrinking. During this time, the company had to think
creatively without compromising on its core values. In the 1920s, EmileMaurice traveled
to meet Henry Ford in the US, where he came across the newly invented zipper
that was being used on car canvas... While the Hermes family planned to carry
on with its rich family heritage and keep its business independent, LVMH was
secretly acquiring stake in Hermes. On October 23, 2010, Patrick Thomas was interrupted
by a phone call when he was on a bike ride in Auvergne, a mountainous region in
central France. ... Fearing a hostile takeover by LVMH and to protect Hermes’s
family legacy, in December 2010, Thomas in association with 52 key shareholders
of the Hermes family, decided to set up a holding company called H51 wherein
50.2 percent of the shares were pooled by Hermes family Though the Hermes
family showed reluctance to sell its family managed business and desire
members...to keep its business independent, by December 2011, LVMH had
increased its stake in Hermes to 22.3 percent. This prompted Hermes on July 10,
2012, to file a complaint against LVMH with the French prosecutors... In June
2013, the AMF, after a series of investigations, ruled that LVMH be fined €10
million over its stake in Hermes (Refer to Exhibit III for investigations made
by the AMF). The penalty was imposed on LVMH for breaching disclosure rules
during its stake building in Hermes. ... After Thomas retired in February 2014,
Axel was brought in as the CEO of Hermes. Bringing in a family member was a bid
to cement the Hermes family’s grip on the company and show outsiders that the
family planned to keep its business independent.
Answer
the following question.
Q1.
Debate on the core value and culture of Harmesh family.
Q2.
Explain how the LVMH’s takeover attempt was defeated.
CASE STUDY (20 Marks)
After
surviving from an attack on her life from Taliban, Malala intensified her
efforts to fight for the Children’s rights and girls’ education. In her
endeavor to achieve the objectives, she had been awarded the Nobel peace prize
award for the year 2014. This case therefore focuses on the life and work of
Malala and provides a discussion point on the management concepts of motivation
and leadership. On December 10, 2014, Malala Yousafzai (Malala) became the
youngest person and the first Pakistani to receive the
Nobel
Peace Award. She received the award along with Indian child rights activist
Kailash Satyarthi . Speaking at the event, Malala described herself as a
committed and stubborn person aiming to look at a world where every child would
have access to quality education, every woman would have equal rights, and
where there would be peace in every corner of the world. She also spoke about
the passion young girls had for education in her region. She said in a simple
yet strong message: “We had a thirst for education, because our future was
right there in that class room, we would sit and learn and read together.”
Malala had a lot of dedication and motivation towards education and believed it
was a boon to all human beings, especially children.
Answer
the following question.
Q1.
Explain the leadership qualities in Malala.
Q2.
Discuss the life and work of Malala.
Q3.
Explain the motivation behind Malala’s activities.
Q4.
Discuss the reasons for awarding the Nobel peace prize to Malala.
Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 – 09902787224
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