Discuss about the Research on Ricardo Semler.
Ricardo Semler is one of the innovative corporate leaders and the CEO of SEMCO group. SEMCO has founded in 1950 by Antonio Curt Semler in Brazil and basically it is well known for its industrial democracy radical form as well as re-engineering corporate. After 30 years of incorporation, Ricardo Semler has taken as the CEO of the company and made a best leader of the company. Now the company’s range is expanding in the market and the service sector is greatly spreading. Now the company’s revenue is increasing consistently and making a huge profit in the market. The current revenue of the company is more than US$215 million. However, the profit margin is increasing every year (Spencer and Moital 2012). The company is well running is Brazil, US, Australia, India and many other places. The company includes the services of industrial mixtures manufacturing, refrigeration towers, Hospitals and Airport assembling and consults the environmental management. MESCO has various brands in Australia such as Terex, New Holland, TORO, FIORI and much more as well as in different regions of Australia such as Sydney, Melbourne, Brisbane, Newcastle and Goulburn (Dyck 2013).
In the year 1980, Ricardo was took as a CEO of the company and he has maintained all departmental works as a best corporate leader. The leadership style of Ricardo is different from other company’s leaders he has the best supply chian. The management system of SEMCO is genuinely told to be empowered of employees when Ricardo became the CEO in the company. He maintains all input and output democratic performance and facilities as a successful leader. Ricardo is different from other corporate leader because he makes decision as per needs and opinion of employees as well as encourages the employees to work hard in the company. He also maintains the production process and welfare of employees in the company (Mueller 2014).
Ricardo maintains well growth of the company as a leadership style as well as having some positivity to increase the working performance of the company. As a CEO, Ricardo has a major impact on communication skills because he deals with the customer as per his opinion. Ricardo is working well in comparison to the other company’s leaders because he has the power to develop communication skills in the company. As a corporate leader, Ricardo must have a positive impact in SEMCO and also maintains and transforms the growth and development of the company within the country. Ricardo must impact the development and organizational changes and also reaches its maximum goals within the economy. He also affects SEMCO in facing new challenges and tools related to its success. He helps to increase the working performance of employees as well as makes a determination of vital intervention which is needed for the growth of SEMCO within the country (Neubert and Dyck 2016).
Leadership style of Ricardo shows that how SEMCO may run smoothly between its competitors in the market by the rejection of the traditional “carrot and stick” incentives method. It has found that SEMCO of Ricardo increases its profit in comparison to the other company because other companies do not follow this method of incentives in the organization. Ricardo controls and maintains the creativity of the workforce in the company. It is obvious that some other companies also follow a genuine style of leadership. However, in SEMCO, Ricardo creates its best mission and vision statement for the growth of the company. He adopts more leadership strategy to face competition in the market. The price of the product is genuine because he wants to make more profit in the market (Amollo 2015).
Ricardo is the CEO senior innovative manager of SEMCO who maintains the leadership style properly within the country. As a leadership style, he must interact with his followers, seniors and peers in the country. It is obvious that Human Being is must be included in the leadership style to get more customers for its product as well as to gain more support of them. It is necessary for the Ricardo to make people understandable and motivate them to buy the company’s product. SEMCO must know the nature of human being which includes human behavior towards the company (Mathieu et al. P 2014). Through which the company can measure its working performance within the country. Leadership style included human behavior because the growth of the company is totally depends on human being. If people are not buying the company’s product, it cannot run smoothly in the marketing strategy which causes loss of the company.
References
Amollo, B.A., 2015. Human Resource Management Strategies at SEMCO.
Dyck, B., 2013. Managing Relationships within Organizations: Organizational Structure, Motivation, and Leadership. In Management and the Gospel (pp. 159-167). Palgrave Macmillan US.
Mathieu, C., Neumann, C.S., Hare, R.D. and Babiak, P., 2014. A dark side of leadership: Corporate psychopathy and its influence on employee well-being and job satisfaction. Personality and Individual Differences, 59, pp.83-88.
Mueller, J.R., 2014. Alternative Organizational Design and Its Impact on the Future of Work. Journal of Strategic Innovation and Sustainability, 9(1/2), p.48.
Neubert, M.J. and Dyck, B., 2016. Developing sustainable management theory: goal-setting theory based in virtue. Management Decision, 54(2), pp.304-320.
Spencer, A.J., Buhalis, D. and Moital, M., 2012. A hierarchical model of technology adoption for small owner-managed travel firms: An organizational decision-making and leadership perspective. Tourism management, 33(5), pp.1195-1208.
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