Case Analysis: A Remarkable Turn-Around

Paper Type:  Essay
Pages:  4
Wordcount:  894 Words
Date:  2022-04-18
Categories: 

Introduction

The success of any business depends on effective leadership capabilities. Commitment, self-awareness, and dedication are crucial to company operations. The discussion below is an analysis of the major managerial and social challenges that affected Baines Company leadership after the tragedy of its top management as presented in the case study: A Remarkable Turn Around: a case study of Carol Baines. The analysis focuses on Carol's concerns on maintaining and managing the business, playing top leadership roles, and dealing with expansion amidst health problems after the death of her husband.

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Analysis

The case study presents business leadership predicaments that befell Carol after her husband's death. Although she was never involved in running the business, she decided to keep it despite the challenges of staff management and general leadership involved. This portrays some the challenges faced by women in management (Northouse, 2018). Her major managerial issue was how to run the family business at first, and then after her strategies succeeded her other concern was her cancer diagnosis that threatened her input in the expanded business. Remarkably, Carol managed to apply her knowledge to achieve success. Her visionary leadership enabled her to create a healthy, feasible, and competitive business establishment. The success was reflected by a considerable growth in the first years of investment that enabled the employment of 20 more staff members.

Despite the loss of her husband, she has transformed the business into one of the most successful in the city. Her leadership qualities have presented solutions to the business. Although she has cancer, she still can hold the top management to oversee strategies while her sons oversee business operations, although it remains uncertain how long her health shall allow her involvement in management (Northouse, 2018). The business has seen an extensive growth and expansion with over $3.1 million in sales. Through understanding her own feelings as well as that of the business, she has managed to apply cognitive, education, and emotional abilities to conquer the competitive business world.

Solution Baines Company Concerns

Learning and applying leadership skills is important for building a successful company. Noteworthy, not all successful entrepreneurs are born as some develop their businesses through strategic skills learned by practice (Northouse, 2018). Research submissions have indicated that development of performance-based skills is built through the intelligence of independently tackling leadership concerns. In the case study, Carol's efforts were crucial in amicably solving the managerial concerns faced. The first step taken was to act like a visionary leader although she had never operated the business before.

Remarkably, her determination and psychological strength were helpful in propelling the business to the top. Despite the loss of her husband, her vision and faith for a better future were unwavering as she exhibited persistency, deep determination, and vision to achieve her set goals. In addition, commitment to others and organizational goals challenges concerns for growth (Northouse, 2018). For example, trustworthy, care, and been considerate towards other employees helped Carol circumvent the tough moments and portrayed emphatic leadership qualities. For instance, the company sponsors a basketball team in the winter and a softball team in the summer.

Furthermore, employee interviews found out that Carol's hard work played a role in the expansion process. Her strength and determination motivated her to invest heavily in advertising, sales, and service in the expansion project (Haslam & Turner, 2014). Therefore, when faced with obstacles of managing people, psychological fitness, and right leadership qualities help develop strategic approaches. In Baines Company, Carol was able to make a remarkable turn-around because the leadership skills, vision, and determination helped deal with the family business and manage to expand (Northouse, 2018). Although she was later diagnosed with cancer, she had instilled a culture of success that could help her run the enterprise with aid from her sons. In fact, her husband demise motivated her while cancer did not kill the business plan. Thus, been self-aware motivates leadership capabilities that made employees confident about her.

Justification

The Baines Company grew strongly under challenging moments of leadership and extreme competition. According to Northouse (2018), this phenomenal growth was achieved through quality leadership traits and Carol's desire for success. Data compiled from employee interviews indicated that Carol adopted a strategic leadership.

Recommendation

Many businesses face an array of problems in the modern world. To rescue their operations, top management should come to their rescue. While Carol has been able to address most of the concerns facing the Baines Company, future problems will always come up, especially considering her deteriorating health. Her two sons need to take up the full operation of the business to be accustomed to leadership and steering the business to higher competitive advantage (Northouse, 2018). By taking control, the sons can learn quickly through experience and challenges such as the previous ones faced. The business level analysis is usually a significant step to develop managerial exposure and be positioned for success. The company can establish a leadership-training program for the management to develop quality leaders in the two Baines sons.

Summary

The Baines Company case analysis offers a better understanding of addressing prevalent business issues. While some problems such as the death of a partner can affect business success and personal performance, self-awareness and developing strong personal traits are significant to business growth.

References

Haslam, S. A., & Turner, J. C. (2014). Social identity, organizations, and leadership. In Groups at work (pp. 39-80). Psychology Press.

Northouse, P. G. (2018). Leadership: Theory and practice. Sage publications.

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Case Analysis: A Remarkable Turn-Around. (2022, Apr 18). Retrieved from https://proessays.net/essays/case-analysis-a-remarkable-turn-around

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