Question 2
A company’s success is enhanced by leadership in Action, which is considered an essential part of assuring effectiveness. For successful business training, a business strategy acts as a guide that helps towards leadership in action. It is a requirement that a company must have a business strategy to aid meet any set goal. The case study provides Dow chemical’s goal of connecting biology, chemistry, and physics to create a stakeholder’s innovation. Therefore, it is recommended that Dow chemical’s implement a strategic initiative for effective business strategy. Dow chemicals maximize a long- term per share maintenance while it aims to hold respect globally, being a science company. Notably, for a company to create value for both shareholders and customers, it is necessary to implement a business strategy essential in investing in a market-driven portfolio and technology-enabled business. Leaders need to use an effective strategy to ensure that knowledge is well shared and captured to guide leadership in Action process.
Additionally, it is a requirement for leaders to ensure that leadership in Action helps transfer all information vital in supporting a company strategic towards a strategic direction and ensure that the working environment facilitates easy training. The case study provides information about the relocation of employees to Dow chemical’s international location, including China, Dubai, and the United Arab Emirates. The locations have a favorable working environment similar to the employees’ knowledge and skills that help diversify the portfolio and accelerate a learning pace through the training process. Moreover, Dow chemical facilitates the employees’ classes to Midland and Michigan headquarters for leadership development, which indicates a strategic initiative that aids effective leadership in Action. The activities set for development help in determining a concrete activity that helps in aligning a strategic initiative.
The case study provides an effective way in which Dow chemicals achieve leadership in Action in its recent company branch in Ghana. The company matches the organizations, and employees need to ensure that a company has a sustainable development project and enables an easy approach to meeting its basic needs. The top management guide ensures a clear direction in a company to achieve the Leadership in Action practice effectively. The management also needs to play a vital role in acting as role models in promoting leadership in action through different channels by governing effective learning. Further, company management should encourage and offer to fund through the process since it is part of business goals and strategy. Notably, leadership in Action helps increase company revenue, which leads to profitability by reaching different individuals in various branches globally, such as the case of Dow chemicals.
From the above information, it is clear that leadership in Action contributes to Dow chemicals business strategy and goals. The case study shows an instance whereby Dow chemical implements an effective approach to matching the employees globally to meet its set goal and fulfill its basic needs. With the company aiming to hold respect globally as a science company and maximize a long-term value per share, the company needs to incorporate the leadership in Action process effectively. Therefore, through effective implementation of a strategic initiative, Dow chemical achieved the basic needs and met the set goals and strategy. For the company to create value for both shareholders and customers, it is necessary to implement a business strategy essential in investing in a market-driven portfolio and technology-enabled business.