Leadership & Management Theories and Practices Module
Term 2 – Assignment 1 – 20th February 2023 by 23:59
2300 words
Title for the Assignment: Critical Assessment of the Evolution of Contemporary Leadership and Management Theories
Module Name and Code: Leadership and Management Theories and Practices
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List of Abbreviations, List of Diagrams, List of Figures, List of Tables, …
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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 Harvard Style Referencing
A minimum of 40 to 50 references are expected (Acceptable Academic references)
Overall Presentation, Structure, Style and Referencing – Marking Guide – 5%
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• Must be written in the 3rd person – academic writing
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• Must use Harvard Style Referencing
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Introduction
Leadership and management have always been crucial aspects of organizational success, and their importance has only grown as organizations have become increasingly complex and global. The contemporary context of leadership and management is characterized by rapid changes in technology, increased globalization, and shifting societal and economic conditions. In light of these changes, it is essential to critically evaluate the evolution of contemporary leadership and management theories in order to understand their origins and ongoing development.
The aim of this assignment is to critically evaluate the evolution of contemporary leadership and management theories and the socio-economic and technical context and drivers that have shaped their development. In doing so, the assignment will provide a comprehensive overview of the current state of leadership and management theories and highlight emerging trends that are likely to influence the development of new theories in the future.
The methodology for this assignment involves a qualitative and quantitative analysis of secondary data obtained through a literature review and desk research. The data sources include academic journals, books, reports, and other relevant materials that provide insight into the evolution of contemporary leadership and management theories.
Critical Assessment of the Evolution of Contemporary Leadership and Management Theories
2.1 Evolution of Contemporary Leadership and Management Theories
Contemporary leadership and management theories have evolved over time in response to changing socio-economic and technical context and drivers. Three contemporary leadership theories and three contemporary management theories will be evaluated to illustrate this evolution.
The first contemporary leadership theory to be evaluated is Transformational Leadership, which emerged in the late 1970s and early 1980s. Transformational leadership is characterized by leaders who inspire and motivate followers to achieve their full potential and contribute to the success of the organization. This theory was developed in response to a changing business environment that required leaders to be more visionary and inspiring, rather than simply directing and controlling.
The second contemporary leadership theory is Servant Leadership, which emerged in the 1980s and 1990s. Servant leadership is based on the idea that leaders should serve their followers and put their needs first, rather than focusing solely on their own power and status. This theory was developed in response to the growing awareness of the importance of ethical leadership and the need for leaders to be more compassionate and empathetic towards their followers.
The third contemporary leadership theory is Authentic Leadership, which emerged in the 1990s and 2000s. Authentic leadership is based on the idea that leaders should be authentic and transparent, and that they should lead with integrity and purpose. This theory was developed in response to the growing demand for leaders who are genuine, honest, and trustworthy, and who have a clear sense of their own values and beliefs.
The first contemporary management theory to be evaluated is Total Quality Management (TQM), which emerged in the 1980s and 1990s. TQM is a comprehensive approach to organizational management that seeks to improve quality and customer satisfaction through continuous improvement and employee involvement. This theory was developed in response to the growing recognition of the importance of quality and customer service in today’s competitive business environment.
The second contemporary management theory is Lean Management, which emerged in the 1990s and 2000s. Lean management is based on the principles of Lean Manufacturing and seeks to eliminate waste and improve efficiency in all areas of an organization. This theory was developed in response to the growing demand for organizations to become more agile and responsive in order to remain competitive in a rapidly changing business environment.
The third contemporary management theory is Agile Management, which emerged in the 2000s and 2010s. Agile management is based on the principles of Agile software development and seeks to provide organizations with the flexibility and adaptability to quickly respond to changing customer and market demands. This theory was developed in response to the growing need for organizations to be more flexible.
TQM is a management approach that emphasizes the involvement of all employees in the continuous improvement of the quality of products and services. This theory was developed in response to the need for organizations to improve their competitiveness in a global market by providing high-quality products and services at a lower cost.
The second contemporary management theory is Lean Management, which emerged in the 1990s and 2000s. Lean management is a method of production that aims to minimize waste and maximize value for customers. This theory was developed in response to the growing need for organizations to become more efficient and agile in a rapidly changing market environment.
The third contemporary management theory is Agile Management, which emerged in the early 2000s. Agile management is a flexible and adaptive approach to project management that emphasizes collaboration, rapid iteration, and continuous improvement. This theory was developed in response to the increasing complexity and uncertainty of the business environment, and the need for organizations to be more agile and responsive to change.
2.2 Emerging Socio-Economic and Technical Context and Drivers
The evolution of contemporary leadership and management theories has been shaped by a number of emerging socio-economic and technical context and drivers. Some of the key trends that are likely to influence the development of new theories in the future include:
The rise of technology and automation, which is transforming the way work is performed and leading to new requirements for leadership and management
The increasing importance of sustainability and corporate social responsibility, which is leading to a demand for leaders and managers who are more focused on creating positive social and environmental outcomes
The growing diversity of the workforce and the changing nature of work, which is leading to new requirements for leaders and managers who are more culturally sensitive and able to manage a diverse range of employees
The increasing globalization of business and the need for organizations to be more adaptive and responsive to changing market conditions, which is leading to a demand for leaders and managers who are more innovative and entrepreneurial.
Conclusion
In conclusion, the evolution of contemporary leadership and management theories has been shaped by a range of socio-economic and technical context and drivers. Transformational, Servant, and Authentic Leadership, as well as Total Quality Management, Lean Management, and Agile Management are some of the key theories that have emerged in response to these changes. As organizations continue to face new challenges and opportunities, it is likely that new theories will emerge that reflect the changing context and drivers of leadership and management.
The key critical socio-economic and technical context and drivers that have impacted the evolution of contemporary leadership and management theories include the rise of technology and automation, the increasing importance of sustainability and corporate social responsibility, the growing diversity of the workforce and the changing nature of work, and the increasing globalization of business. These drivers are likely to continue to influence the development of new leadership and management theories in the future.
The critical Assessment of the evolution of contemporary leadership and management theories provides insight into the current state of these theories and the ongoing development of new approaches to leadership and management in a rapidly changing business environment.
Sources
Harvard Business Review: The Harvard Business Review (HBR) is a well-respected source for information and research on leadership and management. They have published numerous articles and research pieces on the evolution of contemporary leadership and management theories and practices.
Journal of Management: The Journal of Management is a peer-reviewed academic journal that provides cutting-edge research on the latest developments in leadership and management theories.
MIT Sloan Management Review: The MIT Sloan Management Review is a leading source of knowledge and best practices in management and leadership. They publish research and analysis on the latest trends and innovations in the field.
Academy of Management Review: The Academy of Management Review is a premier academic journal for management and leadership research. It has published numerous articles on the evolution of contemporary leadership and management theories and practices.
McKinsey & Company: McKinsey & Company is a well-known global management consulting firm that provides research and insights on the latest trends and best practices in leadership and management. They have published numerous reports and articles on the evolution of contemporary leadership and management theories.
