Sunday, May 5, 2019
Bmw Essay Example | Topics and Well Written Essays - 750 words - 1
Bmw - Essay ExampleAccording to the sustainable leadership model, the long margin growth could only be attained by the BMW through acquiring a wider perspective beyond the profit making interest of the organization and establishing a strong network betwixt the management and the stakeholders. The invariant focus of BMW in supporting the growth of network of its communities has enabled the organization to encourage communication and interchange between the stakeholders of the organization. The sustainable leadership model of BMW could be illustrated with the help of Sustainable leadership pyramid as depicted in Figure 1 as given below (Avery and Bergsteiner, 2011). There be three level of this sustainable leadership model incorporated at BMW. The leadership model includes high quality practices at BMW which are supported by key performance drivers in the organization in order to gain the ultimate business performance outcome. The management of BMW aims to retain their employees by constantly developing the quality of manpower. The beat back relations are also given due importance in the leadership style. This has helped the organization to assort their employees with the goals of the management. The leadership model has emphasized in attaining independence from the financial markets and economic fluctuations. This has helped BMW to withstand economic crisis alike(p) the global financial crisis. The company has ensured ethical business performance and has valued the activities of corporate social responsibility. totally these activities are undertaken in the leadership style at BMW in order to achieve independence from the financial up and downs in the economy and at the same time integrate the business with the stakeholders and communities in disparate markets.The key factors in the sustainable leadership style that has driven the business performance at BMW are the initiative of team work, establishing healthy culture in the workplace, retention and
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