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The Importance of External Factros

In: Business and Management

Submitted By ypskg
Words 985
Pages 4
Introduction
Started in 1987 by Managing Director U May Than, Golden Myanmar Company has plan to become telecommunication industry by setting up a new brotherhood company in collaboration with Sing Tel with the name of GMT (Golden Myanmar Teleport). In Golden Myanmar Company, operates various kinds of business such as airlines, travel and tours, transportation services. In there, most of the directors are conservative and bureaucratic. About Sing Tel Company, Asia’s leading communications group. SingTel is largest listed company on the Singapore Exchange by market capitalization. SingTel also moved into info-communications (ICT) services such as cloud computing, with plans to become an Asia-Pacific market leader. The Company wants to work with GMT, the SingTel because of the company want to provide a wide spectrum of multimedia and info-communications technology (ICT) solutions. These technological systems can be modified and also depends on the situation. Therefore, the company needs effective leaders who have good leadership skills to cope with change and to guide and control the time and situation.
Review the impact that selected theories of management and leadership have on organizational strategy
No man is perfect. One person differs from the other in thinking skills, working styles and a set of regulations he obeys. People learn from each other, from their own mistakes and eventually develop new theories. Some of the well-known management and leadership theories are Transformational theory, Systems theory, Contingency, Human Relations, Contemporary, Situational Participative and etc.
The transformational theory: “the transformational leader articulates the vision in a clear and appealing manner, explains how to attain the visions, acts confidently and optimistically, expresses confidence in the followers, emphasizes values with symbolic actions, leads by…...

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