Journal Entries and Comparisons to Semester II Domains of Study

Finance & Accounting
Pages 5 (1255 words)
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White Paper Good leadership in an organization is perhaps the most vital requirement to ensure the Company’s success. One of the common themes arising again and again in organizational literature is the need for effective communication with employees. For example, in the case of Harley Davidson, the leadership style in terms of communication was a dictate style, wherein management made decisions about what to communicate to employees and due to paucity of time, communicated everything to them.


This would potentially ensure huge savings in time for the Company as well as a more efficient informational process for the Company, through a much more efficient execution of the leadership process in so far as communication is concerned. I also discovered this when communication issues cropped up during the execution of our Power Point project. The problem here was the breakdown in communications, so that members of the team did not have the information that they needed to integrate their efforts harmoniously with the other members of the team. This illustrates how the objective of working towards a common goal could have been improved if one of us has assumed the leadership role at first and during the initial meeting, established what information each member of the group would communicate to the others, as well as the frequency of that communication. In the absence of a leader and a well developed policy on communication, we faced problems in coordinating our efforts. ...
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