Thursday, July 25, 2019
Warren Buffet & His Organization Assignment Example | Topics and Well Written Essays - 750 words - 8
Warren Buffet & His Organization - Assignment Example This encourages the employees to be loyal to the company. Loyal employees usually devote all their energy to the work in order to ensure that the aims and objectives of the company are met. It is through this leadership and Warren is able to work closely with the employees. On the other hand, Warren understands the needs of the employees and is usually on the forefront in ensuring that the needs of the employees are met. The democratic nature of the leadership of Warren has enabled the employees to be willing to do their best in order to ensure that the organization is successful. Warren was aware of the importance of diversity in the workforce. This is considering that his organization has employees from different groups. According to the contingency theory, the nature in which the organization must relate plays an important role and the leaders should consider it. Warren always intend on promoting a good relationship between the members of the diverse groups. Teamwork is common in his organization and this promotes good relations between the members of diverse groups. Diversity at the organization is considered as a source of strength as each member has something unique to offer. On the other hand, he is good during the decision making process. Warren is usually flexible and this has been useful in ensuring that any situation can be dealt with within a short period of time. The approach used by Warren during the decision-making process is quite professional. The professionalism is useful in ensuring that a good relationship is developed with the stakeholders including the employees. The development of the right attitudes towards the other people is an important aspect that is utilized by Warren. This has been useful in terms of inspiring the employees and the members of staff at the organization. Warren cares about the lives of the people that he leads.
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