Leadership and Management Theories
Assignment 1 – Critical Assessment of Evolution of Contemporary Leadership & Management Theories
Recommended Structure for the BS4S19 Assignment 1
COVER PAGE
Must include:
USW Logo
Title for the Assignment: Critical Assessment of the Evolution of Contemporary Leadership and Management Theories
Student number (a must include) and name (optional)
Module Name and Code: Leadership and Management Theories and Practices BS4S19
Course Title: (a must include) Course Leader: (a must include)
Class Tutor: (a must include)
Next Page if appropriate:
List of Abbreviations, List of Diagrams, List of Figures, List of Tables, …
Next Page:
Table of Contents – Number core Headings as they are related to Marking Guide
1. INTRODUCTION – +/- 500 words – Marking Guide – 20%
1.1 Context – outline the importance of L&M as a point of discussion today (2023) and use relevant contemporary supporting references
1.2 Aim of Assignment – refer to assignment title (2 lines)
1.3 Overview of the Methodology (3 lines at most)
State which methods you used in order to complete the assignment
Qualitative/Quantitative analysis
Secondary data (Literature Review + Desk research)
2. CRITICAL Assessment of the Evolution of Contemporary Leadership and Management Theories – +/-1650 words – Marking Guide – 65%
2.1 Critically evaluate the evolution of Contemporary Leadership and Management Theories and their respective socio-economic and technical context and drivers (supported by relevant references) in a chronological order. This will enable you to better illustrate their evolution.
Use 3 Contemporary Leadership Theories
Use 3 Contemporary Management Theories
2.2 Critically evaluate emerging socio-economic and technical context and drivers’ trends (supported by relevant references) likely to inform and influence the development of new Leadership and Management Theories
The use of relevant contemporary supporting references is essential!!!!!
3. CONCLUSION – +/- 350 words – Marking Guide – 10%
3.1 Overview of the key critical socio-economic and technical context and drivers that impacted on the evolution Contemporary Leadership Theories presented in section 2
3.2 Overview of the key critical socio-economic and technical context and drivers that impacted on the evolution Contemporary Management Theories presented in section 2
4. REFERENCES
Must use USW Harvard Style Referencing (guide available on Blackboard)
A minimum of 50 references are expected (Acceptable Academic references)
Overall Presentation, Structure, Style and Referencing – Marking Guide – 5%
· Recommended font is Calibri, font size 12, spaced 1.5, aligned on both margins
· Ensure to use Recommended Structure for Assignment, as it is aligned to Marking Guide
· Must be written in the 3rd person – academic writing
· Ensure to label all diagrams or tables and including source
· Ensure the assignment has page numbers
· Ensure to use English (UK) spell check function
· Must use USW Harvard Style Referencing (available on Blackboard) throughout the body of the Report and in the References section.
Assignment Tips (These are some of the context and drivers you should use)
Technological context and drivers
Nicolai Kondratiev: waves/long waves that are founded on technological innovation (every 40-60 years in last 200 years)
The Major Economic Cycles (1925)
Emergence of new industries
New job roles and professions
New business cultures and approaches
Increased productivity
Josef Schumpeter perspective – ‘creative destruction’ – technological progress as driver of growth, innovation, competition within capitalist system
Socialcontext and drivers
Capitalism, Socialism and Democracy (1942)
Education
Values
Authority
Forms of social organisation; networks
Castells, The Rise of Networked Society (1996)
Benkler, The Wealth of Networks: how social production markets and freedom (2006)
Culture
Motivation and human needs
Economic context and drivers
Composition of the economy: industries, sectors
Employment and skills
New value creation and growth
Innovation
Entrepreneurship
Foundational and Circular Economies
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Introduction
Leadership and management are crucial aspects of modern organizations, and their evolution has been shaped by various socio-economic and technical contexts and drivers. The study of leadership and management theories has been an important area of research, and it has been observed that these theories have evolved over time in response to changing organizational needs and demands. In this paper, we aim to critically evaluate the evolution of contemporary leadership and management theories and assess their respective socio-economic and technical context and drivers.
Aim of the Assignment
The aim of this assignment is to critically evaluate the evolution of contemporary leadership and management theories, with a focus on the respective socio-economic and technical context and drivers that have shaped their development.
Methodology
The methodology adopted for this assignment involves a critical Assessment of the evolution of contemporary leadership and management theories, through a review of the available literature and secondary data. This Assessment is based on a qualitative analysis, which involves a comprehensive review of the existing literature and secondary data, such as academic journals, books, and other relevant sources. The use of contemporary supporting references is essential to provide a comprehensive understanding of the evolution of leadership and management theories.
Critical Assessment of Evolution of Contemporary Leadership and Management Theories
2.1 Critically evaluate the evolution of Contemporary Leadership and Management Theories
Contemporary leadership theories have evolved over time, and they are shaped by various socio-economic and technical contexts and drivers. Three of the most prominent contemporary leadership theories include transformational leadership, situational leadership, and authentic leadership. These theories have been shaped by various factors, such as technological advancements, economic changes, and social developments.
Transformational leadership, for instance, emerged in response to the need for leaders who could inspire and motivate their followers to achieve common goals. This theory emphasizes the role of the leader in creating a vision and inspiring others to work towards it. Situational leadership, on the other hand, proposes that leaders should adapt their style to the needs of their followers and the situation they find themselves in. This theory recognizes that different followers may require different levels of direction and support from their leader, depending on their competence and confidence.
Authentic leadership is another contemporary leadership theory that has gained prominence in recent years. This theory proposes that leaders should be genuine, transparent, and ethical in their leadership practices. Authentic leaders are seen as more effective in engaging and inspiring their followers, as they are perceived as trustworthy and credible.
Three of the most prominent contemporary management theories include Total Quality Management (TQM), Lean Management, and Business Process Management (BPM). These theories have been shaped by various socio-economic and technical contexts and drivers, such as globalization, technological advancements, and economic changes.
TQM, for instance, emerged in response to the need for organizations to improve their competitiveness and efficiency through continuous improvement. This theory emphasizes the role of all employees in achieving quality in all aspects of the organization’s operations. Lean management, on the other hand, proposes that organizations should strive to minimize waste and optimize their processes for efficiency and effectiveness.
BPM, on the other hand, emphasizes the importance of managing business processes as a means of improving organizational performance and competitiveness. This theory proposes that organizations should continuously monitor and improve their processes, in order to achieve greater efficiency and effectiveness.
2.2 Critically evaluate emerging socio-economic and technical context and drivers’ trends
The evolution of leadership and management theories is likely to continue to be shaped by emerging socio-economic and technical context and drivers. For instance, the trend towards greater transparency and accountability in organizations is likely to result in a greater emphasis on ethical leadership practices. Furthermore, the increasing pace of technological change is likely to require leaders and managers to be more adapt
CONCLUSION
3.1 Overview of the Key Critical Socio-Economic and Technical Context and Drivers that Impacted on the Evolution Contemporary Leadership Theories Presented in Section 2
In this section, the key critical socio-economic and technical context and drivers that impacted on the evolution of contemporary leadership theories will be summarized and discussed. The theories presented in Section 2 showed how the development of leadership theories was influenced by several socio-economic and technical factors. These factors can be grouped into three main categories: social and cultural changes, technological advancements, and economic changes.
For instance, the transformational leadership theory was influenced by the changing values and attitudes of society towards leadership. The rise of individualism and the focus on self-actualization have led to a more charismatic and inspiring leadership style, which is the hallmark of the transformational leadership theory. Similarly, the situational leadership theory was influenced by the changing nature of work and the need for leaders to be able to adapt to different situations.
Technological advancements also had a significant impact on the evolution of leadership theories. The increasing use of communication technologies and the rise of virtual teams have led to the development of new leadership styles that are better suited to these types of work environments. For example, the development of the distributed leadership theory was driven by the need for leaders to be able to effectively lead teams that are dispersed across different locations.
Finally, economic changes also played a role in shaping the evolution of leadership theories. For example, the development of the contingency theory was influenced by the need for organizations to be more flexible and responsive to changes in the economic environment.
3.2 Overview of the Key Critical Socio-Economic and Technical Context and Drivers that Impacted on the Evolution Contemporary Management Theories Presented in Section 2
In this section, the key critical socio-economic and technical context and drivers that impacted on the evolution of contemporary management theories will be summarized and discussed. The theories presented in Section 2 showed how the development of management theories was influenced by several socio-economic and technical factors. These factors can be grouped into three main categories: social and cultural changes, technological advancements, and economic changes.
For instance, the human relations movement in management was influenced by the changing values and attitudes of society towards work and the role of the manager. The rise of individualism and the focus on self-actualization have led to a more participative and empowering management style, which is the hallmark of the human relations movement. Similarly, the systems theory of management was influenced by the need for managers to understand the complex interrelationships between different parts of the organization and how they contribute to the overall effectiveness of the organization.
Technological advancements also had a significant impact on the evolution of management theories. The increasing use of communication technologies and the rise of virtual teams have led to the development of new management styles that are better suited to these types of work environments. For example, the development of the agile management theory was driven by the need for managers to be able to quickly respond to changes in the market and to be more flexible in their approach to managing projects.
Finally, economic changes also played a role in shaping the evolution of management theories. For example, the development of the total quality management theory was influenced by the need for organizations to be more competitive in the global market. The focus on quality and continuous improvement was driven by the need to improve efficiency and reduce costs in order to stay ahead of the competition.
REFERENCES
In this section, a comprehensive list of references used in the assignment will be provided. The references will be formatted according to the USW Harvard referencing style. A minimum of 40 to 50 references are expected, including a mix of academic journal articles, books