Strategic Leadership and Entrepreneurship for Dr. McDougalls Right Essay

Strategic Leadership and Entrepreneurship for Dr. McDougalls Right Food Asian Entres - Essay Example The founder and owner of Dr. McDougall’s Right Foods, Dr. John McDougall, as the chairman of the board of directors, continues to extend the most crucial influence to the thrusts and goals of the organization. As part of the management team, one’s sphere of influence encompasses â€Å"responsibility for corporate governance, corporate strategy, and the interests of all the organizations stakeholders† (Q Finance, 2009, par. 1). Through the coordination and participation of other management team members, one has relevant impact in suggesting recommendations towards the implementation of the business plan. The success of the management team is sourced from equal, fair and just collaboration and participation of all members, regardless of the diversity in responsibilities. In this regard, there is no eminent bias within the organization. With regards to anticipating hurdles, as normal as any organization operates, hurdles come in terms of external factors that are unseen, yet could influence the firms’ operations. These hurdles are increases in prices of raw materials or minimum wages for employees; imposition of additional value added taxes; or stiffer competitors, An effective leadership style is that which conforms, adjusts and adapts to the demands of the situation. One would demonstrate a situational leadership style that focuses on the capabilities and resources of the organization, in conjunction with the defined goals. Any strategy that needs to be designed must focus on the achievement objectives at the most efficient and effective manner. Any potential shortcoming is perceived in terms of responding appropriately to unanticipated changes in both the internal and external environment. One’s competencies and qualifications are the strengths that would assist in designing strategies towards the accomplishment of organizational goals. Weaknesses could come in terms of responding effectively to