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Factors to Consider for a Company� to Pursue Proposed Exapansion Plan

An assignment discussing key factors in a company�s expansion plan.

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    Running head: Factors to Consider for a Company to Pursue Proposed Exapansion Plan 1 Factors to Consider for a Company ” to Pursue Proposed Exapansion Plan Name Institution Discuss the factors a company should consider when pursuing a proposed expansion plan, focusing on the role of leadership and its impact on organizational change. Analyze these factors using the Path - Goal Theory and the Leader - Member Exchange Theory. Your answer should include a discussion on leadership styles, employee motivation, communication, and negotiation. Support your analysis with relevant research and examples. Word Count Requirement: 2,500 – 3,000 words.

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    Factors to Consider for a Company to Pursue Proposed Exapansion Plan 2 Abstract The purpose of this paper is to contribute to the knowledge regarding the factors influencing the expansion strategy of a company, an international venture in a growing global market. Today, globalization has changed the world into a global village; where there is an ever an increased esteem for competition. In this case, the ,most effective maneuver for any international orga n ization is to understand the most important factors that can enhance an organization’s strategy to expand internationally. Therefore, the report will focus on the role of leadership in the phenomena of organizational change as well as other factors that is needed for an organization to expand and survive. Research demonstrates that most organizational plans to expand fail to achieve the goals. Therefore, as leadership plays a fundamental role in the evolution and expansion of an organization, the process of expansion demand s a very effective and competent leadership that is well capable to perceive the,most desirable shape of the expansion plan, motivate employees, and address issues of organizational change in the most appropriate manner. Further, it has been demonstrated that effective leadership also addresses other important elements, such as, communication, teamwork, ethical practices, negotiation and decision making among team members. As a result, all these factors work together to ensure that an organization achieves the desired expansion plan. Thus, the paper will explore the relationship between a successful organization change, through expansion plans, on the basis of two theo r i es, which are the Path - Goal Therory and the Leader - Member Exchange Theory and how the leadership styles will affect the motivation o f employees in the organization and how the instruments are used to measure the leadership process.

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    Factors to Consider for a Company to Pursue Proposed Exapansion Plan 3 Table of Contents Abstract………………………………………………………………………………………….2 Introduction……………………………………………………………………………….…..…4 Background………………………………………………………………………………..…….4 Significance of the Study…………………………………………………………………….…..4 Scope of the study………………………………………………………………………………..5 Guidign questions…………………………………………………………………………….….5 Purpose…………………………………………………………………………………..………6 Theroretical framework…………………………………………………………………………..6 Path - Goal Theory…………………………………………………………………………………6 Lead - Member Exchange Theory…………………………………………………………….……8 Methodology……………………………………………………………………………………..11 Analysis and Discussion……………………………………………………………………...….11 Conclusion…………………………………………………………………………………..…...12 References………………………………………………………………………………………..13 Appendices……………………………………………………………………………………….14

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    Factors to Consider for a Company to Pursue Proposed Exapansion Plan 4 Introduction Background In order to achieve the proposed expansion plan and sustainability, the company, which is an international venture need to take some skeptical steps. Researchers agree that international organization must take into consideration various factors and actions to get them in a better way to achieve their expansion strategies (Cameron et al, 2006) . These strategies must be adopted and implemented in the business model based on customer preferences and future business concerns. Changes in an organization are vital for for a long - term success and the survival of the business . However, there are possibilities for an organization to fail or lose their repute as well as market share if they do not prepare themselves according to the rapidly changing business circumstances and situations (Kouzes & Posner,1992) . Thus, organizational change is vital for a sustainable business and ensures long - term success. Scholars and researchers acknowledge the importance of organizational change and understanding the fact that practical steps are required to make change happen. For example, who will be the authority behind the changes anticipated who will be the individual in the change? Hence, the role of leadership is very important while managing organizations; large corporations, medium, and small businesses (Phillips, 2012) . The role of leadership is key while addressing the issue of organizational expansion and effective leader can bring change to the organization. Accordint to Phillips (2012) l eaders are regarded as change agents who are in a position to take an initiative and bring change to an organization. However, the process for an organization change is quite complex and challenging. Thus,a competent and effective leader should understand how to manage the situation. At times, it is possible to believe that not only

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