preview

Maintaining Business Performance For Nova Essay

Better Essays

A business continued success is important and can be difficult to accomplish. This paper will discuss two topics regarding maintaining business performance for Nova – leadership in terms of authentic leadership and strategic planning, specifically business strategy with critical success factors. The first area of discussion is a summary of each of these topics. The second area of discussion is about the factors that can contribute to the success of Nova. The third area of discussion is about the factors that can contribute to the failure of Nova. Finally, the fourth area of discussion will address my recommendation on how to expand Nova into a new market of business to continue business performance. Leadership is important to an organization. There are many types of leaders in business today one of these is an authentic leader. According Luthans and Avolio, “defined authentic leadership as a process that draws from both positive psychological capacities and highly developed organizational context, which results in both greater self-awareness and self regulated positive behaviors on the part of leaders and associates, fostering positive self-development” (as cited by Avolio et al, 2009, p. 424). These four characteristics are important in an authentic leader today. It is these characteristics that make them the leaders they are. Pirouz stated (2015), “there are five common characteristics that are found to be more common in leaders, regardless of age, location or

Get Access