Leadership Challenges, Skills, Risks, and Motivation

Leadership Challenge
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1 Leadership Challenge
My leadership challenge is to enhance interdisciplinary collaboration and teamwork among the members of our organization to improve productivity. The organization is made up of members from various disciplines including financial technology (Fintech), accounts, information technology, risk management, and planning. Our department is particularly experiencing a lack of interdisciplinary collaboration, communication, and teamwork which has adversely affected productivity leading to lower profits in the last financial year. My goal as a leader is to improve interdisciplinary collaboration among employees working under my supervision through training and development and application of a strategic servant leadership approach to enhance employee productivity, increase profits and the number of clients in our organization within the next 8 months. Research shows that interdisciplinary collaboration and teamwork significantly trustworthiness, dependability, engagement credibility,and productivity among employees (Hazrati et al., 2021).Inter-professional collaboration and teamwork culture are important to me because I believe that collective participation will propel our organization to success.
2 Roadblocks and Challenges
I am likely to face a multitude of challenges and barriers to interdisciplinary collaboration. The challenges and blockades to achieving inter-professional collaboration and teamwork among our employees maybe at an organization or team level. Organizational barriers include financial and regulatory constraints and a lack of resources to train and develop our employees. A lack of appreciation and knowledge about the complementary roles of other professionals may also hinder collaboration among employees. Another barrier to achieving interdisciplinary collaboration and teamwork isthe ambiguity in employee and leadership roles in the organization.Our organization does not have role boundaries at present. In some cases,the roles of various professionals overlap due to a lack of clearly defined boundaries. Besides, the organization has a hierarchical administrative structure that discourages interdisciplinary collaboration. Professionals do not have a suitable strategy for the timely exchange of useful information.
I plan to overcome the blockades to inter-professional collaboration in our organization by establishing an effective communication system that allows the timely exchange of information among team members. I encourage the employees to develop trust among each other commit to a common goal of interdisciplinary collaboration.It is also important to establish a positive towards one’s profession and concurrently acknowledge and appreciate the role, knowledge, and skills of other professionals in the team (Ward et al., 2018). I will ensure that all professionals in my team have positive regard for their roles in the organization and appreciate other people to achieve organizational success.I also plan to establish an effective strategy for resolving conflicts and settling disagreements among our team members. I will also encourage professionals to be willing to continuously work on themselves to overcome the barriers to inter-professional collaboration.
3 Leadership Behavior, Skills, and Risks
Leadership skills and behavior profoundly impact the success of every organization (Rigii, 2017). As a leader I need strong communication and interpersonal skills which are essential in engaging employees, sharing information, and promoting interdisciplinary collaboration. I also need to develop effective critical thinking, decision-making, and problem-solving skills which would enable me to face the challenges encountered at the workplace. The leadership behaviors that I would like to embrace leadership behaviors that include humility and willingness to listen to employees and provide meaningful feedback, optimism, and trustworthiness. Leaders are also expected to promote integrity and accountability.
The risk I would like to take is to subordinate my interests at workplace and focus on developing our employees and team building. Leaders with effective team building are likely two create strong and long-lasting relationships among employees and encourage interdisciplinary collaboration. I also intend to trust the members of interdisciplinary in our information technology department.
4 Sources of Motivation
I am intrinsically motivated to improve inter-professional collaboration. Intrinsically motivated leaders are likely to inspire their employees to develop a common purpose (Shafi et al., 2018). I want to utilize inspirational motivation to encourage my team members to embrace teamwork and interdisciplinary collaboration. I am also motivated by the need to experience increased productivity among our employees. The rewards of increased productivity and organizational success are also massive, for instance, increased profits for our organization, and promotions and professional development for the members of our team.
5 Personal SWOT
Strengths

Weaknesses

* I am an effective communicator.
* I have strong collaboration skills and inter-professional sensitivity.
* I possess exceptional conflict resolution skills.
* Social intelligence helps me in building and maintain strong interpersonal and inter-professional relationships.
* Effective negotiation skills are useful in convincing colleagues to agree to my course of action.
* I am confident in my capabilities.
* Effective team builder

* I am not a good decision maker because I take too long to decide on critical issues.
* I adapt slowly to new situations.
* I connect excessively with the people I work with.

Opportunities

Threats

* Social intelligence will be instrumental in establishing interdisciplinary collaborations and teamwork in our organization.
* Recent changes in the finance industry require collaborative teams and I can take advantage of the opportunities as an effective team builder.
* Our organization urgently needs to adopt interdisciplinary collaboration in its activities.

* Effective decision-making skills are required by our organization. My career is threatened by my inability to swiftly make important decisions. I need to develop effective decision-making skills.
* The finance industry is highly dynamic and requires individuals that adapt faster to new situations. I find it difficult to adapt to novel situations. I must learn to adapt faster to succeed in my career in accounting and finance.
* New technological advancement in my field are often complex and requires some level of technological expertise to use them. I am not well versed with most of the technological tools, some which are a threat to our jobs as they replace the human aspect in completion of tasks.

6 Stakeholder Management
Stakeholder

Influence on challenge

Key Interest, roles, and priorities

Employees

Employees’ willingness to collaborate would be essential in the success of my challenge. They will need to actively participate in the entire process.

Employees play a major role in the development of an interdisciplinary work environment. Their key interests include higher remuneration, recognition, professional development, and promotions for good work.

Managers

Manager profoundly impacts my challenge they supervise employees and provide resources necessary for training and development of employees to embrace an inter-professional approach.

The primary role of managers is to coordinate the activities of the organization. Managers are motivated by the need to increase productivity and overall organization

Shareholders

Shareholders are the owners of the organization and they influence organization culture based on their mission and vision. My challenge has to be congruent with the needs of the owners.

Shareholders have to control the organization through their policies. They are primarily interested in service provision and the profitability of the organization (Javange, 2019).

Customers

They are external stakeholders who influence my challenge because of the need for high-quality products. A leader should ensure that interprofessional collaboration within the organization without compromising the quality of the products offered by our organization.

Customers are interested in high-quality products and value for their money.

7 Character Similarity and Differences
Similarities

Differences

Leverage

All stakeholders in our organization believe in integrity and accountability.

I believe in progressive change while our stakeholders claim that adapting to changes faster is key to organizational success.

We have developed an organizational culture that is characterized by honesty and openness.

We also believe in hard work and corporate social responsibility to protect the communities around us.

Most stakeholders in our organization we can give back to the community by investing in programs to eliminate loans especially to individuals that cannot pay their loans. However, I believe that we should provide financial education to our customers.

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