USING FINANCIAL ANALYSYSIS TO ASSESS A BUSINESSES FOOTING - Free Essay Example

British Petroleum is one of the largest companies providing energy. The company operates across six different continents, their products and services are also available in more than hundred countries in the world. The company yearly make a huge return on investments for its share holders. Bp is a growing local oil company into a world energy group. BP has employed over 80,000 people all around the world. BACKGROUND British petroleum 2007 to 2009 British Petroleum starts mango production offshore Trinidad On November 17, 2007 British Petroleum started the natural gas production from the mango field. The mango field is 35 miles south east of Galeota point in water depth of some 235 feet. British Petroleum in Trinidad and Tobago holds 100 percent interest in the field. The field is developed by a single unmanned platform with a capacity to produce from a well. The gas is exported through a pipeline which is 26 inches in diameter. The mango platform is the second to be built to the same size and standard as the cannon balls platform. The 860 tonne mango jacket and 890 tonne topside were built at the Trinidad offshore fabrications (TOFCO). 2008 Energy utilization rises as supplies hold-up but free energy markets do work On June 11th , 2008 the quality of world energy market was high and its price was unstable. This had a great impact on the supply and demand on the energy products. British Petroleum shows that the worlds fossil fuel resource has enough energy to sustain world growing population in spite of this issue. The weak point in the supply of the oil and rising demand outside the OECD also makes the work harder for the energy supply industry. The downfall in the production of oil in the OECD shows the issue that resources are not a constraint globally, but the recourse with British petroleum oil are limited. This is because of the barriers like political factors, taxes plays an vital role in this. Despite of high energy prices, the world energy market produces reliable energy supply. The statics in the year 2007 shows the market do work, the consumers and produces respond to changes in the energy prices. 2009 British petroleum discovered giant oil at its Tiber prospect in the deepwater US Gulf Of Mexico On 2nd September 2009 the Tiber well is located around 400 kilometres in south east of Houston and is in 4,132 feet of water . The depth of the Tiber well is about 35,055 feet which is 10,685 meters exactly which makes is the one of the deepest wells ever made by the oil and gas company. This well found oil in different lower territory reservoirs. The review will be needed to determine the size of the Tiber well discovery. The British petroleum has already discovered Kaskidas well and this Tiber is the discovery of British petroleum. Ratio Analysis for British petroleum PROFITABILITY Analysis of profitability for the company British petroleum for profit margin, Return of share holders funds (ROSF) and Return of capital employed (ROCE) 2009 2008 2007 Profit Margin 10.21 9.34 10.85 Return on shareholders funds (ROSF) 24.73 37.55 33.74 Return on capital employed (ROCE) 14.34 21.88 21.08 PROFIT MARGIN Profit margin is ratio of profitability calculated as net  income  divided by revenues, or net profits divided by sales. The profit margin of BP in the year 2007, 2008 and 2009 is 10.85, 9.34 and 10.21 respectively. Comparing the profit margin in the year 07 and 08 there is a decrease in the profit to 1.51 and comparing with 08 to the next year there is a increase in the profit up to 0.87. Even though there is increase in the profit in the year 2009, 2007 profit margin is higher compared to the last year. Return on shareholders funds (ROSF) ROSF ratio is a measure of profitability. ROSF of BP in the year 2007, 2008 and 2009 is 33.74, 37.55 and 24.73 respectively. When we compare the ratio of the year 2007 which is 33.74 to the year 2008 which is 37.55 there is increase in the ratio up to 3.81 percent. Comparing the ratios of 2008 and 2009 there is a great downfall up to 12.82 percent. When comparing the ratio of the year 2009 to 2007 the result remains the same which is, the ratio has decreased. Return on capital employed (ROCE) The ROCE ratio compares the net profit (before interest and taxation) generated by company to the long term capital invested in the company during the same period. ROCE of BP in the year 2007, 2008 and 2009 is 21.08, 21.88 and 14.34 respectively. On comparing the ratios of the year 2007 which is 21.08 and the year 2008 which is 21.88 there is a slight increase in the ratio percentage which is 0.8 percent. But when comparing 2008 ratio with the next year there is a big downfall to the ratio in 2009 which is 14.34 percent and difference in the ratios between these two years is 7.54 percent. Conclusion It is to be noted that the company has a growth in all the three ratios from the year 2007 to 2008, but from the year 2008 to the next year which is 2009 there is decrease in all the three ratios. This makes us clear that the company is going down in the profitability compared to the previous two years. Ratios Ratios are useful indicators for the companys performance and financial conditions. Ratios can analyse and predict the future of the company. Now we shall analyse the ratios of BP for liquid ratio, gearing ratio, current ratio and share holders liquid ratio. 2009 2008 2007 Liquid Ratio 0.76 0.71 0.69 Gearing Ratio 82.42 89.52 77.22 Current Ratio 1.14 0.95 1.04 Share holders Liquid Ratio 1.38 1.40 1.67 Liquid ratio Liquid Ratio is a ratio which measures companys capability to pay short term bills. Liquid ratios of BP in the year 2007, 2008 and 2009 are 0.69, 0.71 and 0.76. As we compare the ratios of the year 2007 and 2008 there is an increase in the ratio up to 0.02. And comparing the year 2008 with next year, there is an increase again in the ratio, but the ratio which has increased between these two years is more (0.05) compared to 2007 and 2008. Gearing Ratio Gearing Ratio in the year 2007 is 77.22 but when compared to the year 2008 which is 89.52 there is good increase in the gearing ratio which is 12.3 percent. But when comparing the ratio of the year 2008 to the next year 2009 which is 82.42 the ratios have been decreased by 7.1 percent. When we compare the ratios for the year 2009 and 2007 we can find that there is a increase in ratio by 5.2 percent. Current ratio Current ratio of BP in the year 2007 is 1.04 when comparing this ratio to the year 2008 which is 0.95 there is a decrease in the current ratio up to 0.09. When we compare the ratio of the year 2008 to the next year 2009 which is 1.14, we can see there is an increase by 0.19. Now comparing the ratios of 2009 and 2007, here also we can find that ratio has increased from the year 2007 to the year 2009. Share holders Liquid ratio Here are the share holders liquid ratio for three consecutive year 2007, 2008 and 2009 which is 1.67, 1.40 and 1.38 respectively. When comparing 2007 and 2008 ratios we can see that the ratios have been decreased by 0.27. And the comparing 2008 ratio with the very next ratio which is 2009 we can see that the ratios have been declined again up to 0.02. When comparing 2007 and 2009 ratios we can see there is decrease in the results. Conclusion All the four ratios are act in four different ways for three years comparison. For Liquid ratio the ratios are gradually increasing from 2007 to 2009. In Gearing ratio the ratios increase from 2007 to 2008 and then it decreases from there. For Current ratio the ratios decreases from the year 2007 to 2008 and then it increases. For Share holders Liquid ratio the ratios gradually decreases. Turn over Turnover is the annual sales of the company. 2009 2008 2007 Turnover 152,417 253,088 146,238 When comparing the turnover for BP for the year 2007 (146,238) and 2008 (253,088) we can see that the company has improved in that year the turnover has been improved. But comparing the next two years which is 2008 (253,088) and 2009 (152,417) it is to be noted that there is downfall in the companies turnover. Current Event since 2009 Balance Sheet In 20th April 2010 there was a explosion and fire in BP oil rig which took place in deepwater horizon in Gulf Of Mexico. After this incident took place eleven workers was reported missing and around seventeen workers was injured. And three days after this incident it is found that the oil is leaking from the well. US coast guards found that oil which leaks from the well is around 5000 barrels of crude oil per day. This is around 430,000 dollars per day. This event will give a big impact on this years balance sheet because the company has lost good will, there will be big loss in companys profit margin and turn over because of the loss of 5000 barrels per day. There will also bring down all ratios because of explosion and oil spill and workers missing. BP after this event has lost its good will. Conclusion In conclusion the analysis of the ratios says the year 2008 is the best year compared to the three years (2007, 2008, and 2009). Except for profit margin, share holders liquid ratio and current ratio compared to the previous year it has decreased to an extent. And in this years (2010) balance sheet will go down to an extent because of the explosion and fire in the oil rig and even issue of workers in oil rig has been missing after the explosion. The companys shares will go down and the company will also lose its good will. The companys profit margin and turn over will go down because of the oil spill which consumes around 5000 barrels of crude oil per day.

Marysol Martinez . Ms. Elliott. Ap English/2P . 23 January

Marysol Martinez Ms. Elliott AP English/2P 23 January 2017 Assisted Suicide Rough Draft Assisted suicide is an ethical topic that has sparked up many controversies. Individuals have heated disputes on whether or not patients who are suffering should have the right to die. Some worry that legalizing euthanasia is irrational and would violate some religions, while others argue that it provides a peaceful death towards terminally ill patients who are suffering from pain. Physician-assisted suicide is a contentious matter, in which there are many positive and negative aspects, whether or not it should be committed is a complex decision. Euthanasia is the painless killing of a person that is suffering from an incurable and painful†¦show more content†¦After reading the request, they hear back from the doctor in 2 days, at the least. The doctor needs to evaluate if the patient has a psychological disorder. If they do not, they may subscribe lethal drugs. The physician must keep reminding the patient that it is okay to back out and try to convince them not to do it.  ¨A second physician must evaluate the situation and also sign a document ¨ (Cramer 5) which states that the patient is terminally ill and has no other options. Finally, the individual gets the one out of two substances. They either pay for a powder that is $125 or a liquid which is $1000. The liquid is more convenient, which is why it is so expensive. The patient has to take the drugs themselves, in other words, the doctor cannot help them because it would also be considered illegal. After taking the drug, the individual will fall into a coma about 5 minutes after and die in about 30 minutes. Of course, the process will vary according to the individual s health and weight. Finally, the time of death is called by an employee that checks the patient s pulse every few minutes. Many individuals agree with the concept of euthanasia. They argue that assisted suicide helps patients perish with dignity. A physician s job is to relieve pain from their patient s, but they cannot do that if there is no cure. The only way to relieve their pain is to give them lethal drugs if they want it. Assisted suicide also respects individual autonomy,

Antigone And Martin Luther Kings Letter From Birmingham Jail

Today the United States still struggles with injustice and unjust laws that causes many problems within the country. Such as it did 54 years ago, and even during the BC ages was it a problem. Dr King’s letter explains how he knew he broke the law by blocking a road, but did it due to the racism and injustices that were happening. In Antigone, she buries her brother even though he was not meant to, and due to she is a female and that she broke the law that was unjust her consequence is to die. Sophocles’ Antigone and Martin Luther King’s â€Å"Letter from Birmingham Jail,† explore a common theme that law sometimes conflicts with justice through the characters of Antigone, Creon, and the voice of Dr. King. Antigone has broken a law and is willing†¦show more content†¦Although he is king the law is still unfair, and that is why it was broken and why it will continue to get broken till it is fixed. Antigone understands she broke that law, and that there are consequences to be made. But she took a chance and now can die knowing that her brother is buried and has died in peace. Martin Luther King Jr. has landed himself in jail. He blocked off a roadway as a sign of protest, and ended up getting arrested for doing what was right. As Dr. King planned this he understood that he was most likely going to jail, but he needed people to see the bigger problem. Dr. King states, â€Å"you deplore the demonstrations taking place in Birmingham. But your statement, I am sorry to say, fails to express a similar concern for the conditions that brought about the demonstrations.† What he means by this is that the people of Birmingham are upset that he was blocking a roadway and that he deserves to go to jail for that. But does not have the same anger towards the reason why they blocked the roadway in the first place. They don’t have the same anger for the injustice, discrimination, and racism that was happening during that time. So that is why Martin Luther King Jr. felt that it was necessary to take a stand and make a protest against all the hatred that was h appening in Birmingham. Although Dr. King knew he was going to jail for doing this protest he felt that the message of it we be worth the risk. So he broke an unjust lawShow MoreRelatedAntigone And Dr. Martin Luther King Jr. s Letter From Birmingham Jail1233 Words   |  5 PagesIn Sophocles’ Antigone and Dr. Martin Luther King, Jr.’s â€Å"Letter from Birmingham Jail†, Antigone and Dr. Martin Luther King, Jr. used resistance against powerful leaders to follow their morals and make a statement. Dr. Martin Luther King, Jr.’s approach towards the reconstruction of society’s cultural understanding of segregation used civil disobedience in a more public and large-scale approach, whereas Antigone’s use of civil disobedience defied the law in a much more private, small-scale way toRead MoreCivil Disobedience And Martin Luther King s Letter From Birmingham Jail1236 Words   |  5 Pagesmay not be looked upon lightly such as committing civil disob edience. In Sophocles s â€Å"Antigone† and Martin Luther King’s â€Å"Letter from Birmingham Jail†, both, King and Antigone, were supporters and activist of civil disobedience. However, both, Antigone and Martin Luther King had different methods of conducting civil disobedience and viewed civil disobedience differently. 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The acts of civil disobedience can be noted in major works such as Sophocles?s Antigone, King?s ?Letter from Birmingham Jail?, or even from Plato?s ?from Crito?. A specific claim exemplified throughout theseRead MoreCivil Disobedience By Martin Luther King1077 Words   |  5 Pagespolicies†. Martin Luther King sought to end the unjust law of segregation in a nonviolent campaign. He outlines the four basic steps: â€Å"collection of the facts to determine whether injustices exist; negotiation; self-purification; and direct action† behind the beauty of a nonviolent campaign. King also described the differences between just and unjust laws. King says that we have a â€Å"moral responsibility to disobey unjust laws†. While King was incarcerated in Birmingham he sent this letter to the Clergyman Read MoreCivil Disobedience, And Martin Luther King Jr. s Letter From Birmingham Jail1018 Words   |  5 Pagessociety. Historic figures such as Rosa Parks, Mahatma Gandhi, and Martin Luther King Jr. all acted civilly disobedience, but society benefitted from their movements. Civil disobedience is the underlying theme of Sophocles’ Antigone and Martin Luther King Jr.’s Letter From Birmingham Jail. The main character of Sophocles’ Antigone, Antigone, acts civil disobedience, just as Dr. King acted civilly disobedient. Both Antigone and Martin Luther King Jr. fought to gain justice for the people who they believedRead MoreAntigone And King s Views On Civil Disobedience967 Words   |  4 PagesMartin Luther King Jr. vs. Antigone Antigone and King’s views on civil disobedience are executed very differently. They both had their own purpose to follow what they believed in, but both were achieved differently. Martin Luther King Jr. followed his own beliefs to risk his life while Antigone risked her life to follow the Gods for honor just to make sure her brother was properly buried. I will show how Martin Luther King Jr. fought for freedom while risking his life for blacks not onlyRead MoreEssay on Antigone: Martin Luther Kings Nonviolent Campaign1041 Words   |  5 Pages Martin Luther King, Jr. defines â€Å"civil disobedience† as a way to show others what to do when a law is unjust and unreasonable. As King stated in the letter from Birmingham, â€Å"Any law that uplifts human personality is just. Any law that degrades human personality is unjust.† When Negros were being treated unfairly, Martin Luther King, Jr. stepped in to show people how to peacefully protest an d not be violent. The dictionary definition of civil disobedience is the refusal to comply withRead MoreThe Civil Disobedience of Antigone and the Teachings of Martin Luther King Jr.1402 Words   |  6 PagesFrom the monarchs of the ancient era to the democracy of today, order has been maintained by means of rules and regulations known as laws. Compliance with these laws is enforced through punishments ranging in severity according to the crimes committed to reduce violence and misconduct from individuals within a society. However, just as citizens consent to abide by the laws of the state in which they reside, one is compelled to preserve justice and condemn the unjust decisions of man when the social

Leadership Style of ABC Global-Free-Samples-Myassignmenthelp.com

Question: Analyse the Different Issues relating to Leadership in the ABC Global Company. Answer: Introduction The report helps in understanding the different leadership approaches along with the issues of the leadership in the respective organization named ABC Global. The report will help in analyzing the issues that is faced by the organization and the different solutions that is required in the respective organization for solving such issues of the leadership in the respective organization. The main aim of the report is to analyze the different issues relating to leadership in the respective organization. The report will help in discussing the different issues that has been faced by marketing department director who was hired as the international director of marketing in ABC global company. The main purpose of the report is to understand the different techniques that are required in the respective company that can help marketing department director in leading the company along with the proper traits of leadership in the entire organization as well. The structure of the report will include the different issues that have been faced by the entire company due to the leadership strategies applied by marketing department director and the problems that have been faced by the company will be discussed as well. The different techniques has to be properly ascertained as this will help the company and the employees of the entire company to take proper steps in solving such issues in the company as well. Concept of Leadership Leadership is an essential concept in the organizations as this will help in establishing a proper vision that helps in providing proper knowledge as well as information to help the different employees in realizing the vision of the company (DuBrin 2015). Proper leadership is essential in the organizations as this will help in balancing along with coordinating the different interests that are conflicting in nature of the different employees as well as stakeholders. Stacey Busayo, who has been appointed as the marketing director of the company has to properly implement different tasks in the organization as this will help the employees and the other subordinates. Proper leadership is essential in nature for all the organizations as this will help in providing proper motivation to the employees and builds proper morale to the employees in the entire organization. This will help in improving the satisfaction among the employees that will help in proper communication as well as integrati on in the business (De, David, and Hanne 2014). Issues identified and faced by ABC Global Company Stacey Busayo, the marketing director of the respective company named ABC Global Company wherein her main job was to properly lead the extension of the business activities of ABC Global Company in the different parts of the world. The main vision of the respective company was to develop proper revenues international in nature from different regions that are significant in nature. Marketing department director performed well in the first three months of joining the office wherein she developed a proper understanding of the nature of the different issues that were involved in the company. Marketing department director did not have any kind of mining experience previously and she moved to Australia from South Africa with different experiences in the global team for the development of the different projects such as tourism, agriculture as well as retail sectors. In the recent era, the other companies in the global world are developing strategies of expansion, but ABC Global was not having such strategies of expansion and they were lacking in it (Rebore 2013). The other issue was the autonomy degree among the professionals of the company and there was no integration as well as business communication between the employees of the respective organization. Marketing department director realized that the method that is used is not an effective as well as efficient method of expanding the entire business and these will not be effective in nature as well. The marketing department director conducted a proper analysis on the different impacts that are making the activities compli cated in nature. The managing director of the respective company prepared different strategies and the senior partners of the company has accepted the viewpoints of the global expansion but there were few higher officials who did not agree to the viewpoint of the marketing department. The marketing director of the respective company identified two senior partners who properly identified the value of the expansion strategy (Rebore 2013). Furthermore, there were issues between the two senior managers as well as the marketing director of the organization as the two of them were keen on properly following the approach of word of mouth and the marketing director did not accept such method and she felt the business is properly built on the knowledge of different expertise who have proper knowledge in mining. According to her, the proper determination of the project will be done by the professionals itself. She properly pointed out the different potential problems that can be a huge challenge for the business as well as the project. Literature Review Change management According to Ward (2016), in order to properly adopt the change management strategy in the organization, this is essential to bring positive changes in the organization. The employees has to be involved in the process of change that is required to be brought in the process of change of the different decisions that are taken by the management. Proper and effective delegation of task is essential as this will help in bringing proper change in the management of the organization in the future. Daft (2014) commented that it is the duty of the higher officials in the organization along with the marketing director of the organization as well to properly ask the different queries and the inconveniences that are faced by the employees as this will be easier to understand the issues and solve them as per the needs. The management of the organization has to include every layer that needs change as this will help in bringing transformational change. Transformational Change management According to Daft (2014), proper transformational change management is required in the workplace as this will help in improving the overall performance of the organization and strengthen the behavior of the individuals as well. ABC Global Company has to properly implement the different programs that are related to the change management of the organization as this will help in improving the overall performance and build proper capabilities as well as strengthen the behavior of the individuals in the workplace as well. However, on the other hand, Ward (2016) commented that the marketing director of the respective company has to implement such strategies in the organization to strengthen the health of the overall organization as well as helping the clients in attaining proper excellence with the help of managing the health of the organization as well as performance of the company with equal firmness. Leading change in global mindsets ABC Global Company was not at all strategic in their approach and this did not contribute to the bottom line profits as well. The employees of the organization were not at all focused towards their work and due to lack of coordination the objectives were not achieved by the organization as well. There is no proper marketing of business and due to less autonomy the respective company did not able to implement the different changes in the organization. This is the duty of the higher officials in the organization that they must take care of the different strategies that will help in expansion of the business. However, such steps were not followed by the respective organization (Daft 2014). Leading change in global teams There was no change in the global teams in the respective company as the approach of the company was informal in nature and there was no prioritization as well as rationalization of the employees in the organization as there were no clear objectives of the employees. There was no expansion as well as development in the organization as the change that was brought by the employees along with the higher officials did not lead proper change in the entire organization. The top management teams as well as resistance management in the organization did not work properly towards achieving the different objectives as they did not work jointly in achieving the objectives of the entire organization. Leading Global change There were issues in the leading the global change of the respective organization as there were lack of autonomy in the entire management and there were issues related to the strategic as well as expansion of the entire business (Rebore 2013). The employees of the organization had little control over the acceptance of the project and this will not prove for the business as well. The business that is followed by the employees of the organization was informal in nature and that did not focus on the entire development of the organization as well. Issues in the leadership style of ABC Global There were different issues in the style of leadership in the respective company that has been properly pointed out by the marketing director of the company. The marketing director did not possess proper communication and integration strategies that are required in making the business successful in nature (Rebore 2013). She should have properly pointed out the mistakes that were taking place in the company and solve them with proper implementation of different strategies but there loopholes in the leadership style of the marketing director who was appointed for 3 months for taking entire responsibility of the global expansion of the company. She just analyzed the different happenings that were taking place in the last three months and analyzed about the issues that were faced by the organization. This is not a proper leadership style or approach that is followed by the higher officials of the respective company. The main concern of the leadership of the marketing director was the concern regarding proper communication that was not followed by the management officials and this led to wrong decisions in taking proper information as well (Fletcher, Amber and Gregory 2014). There were attitude issues and faulty assumptions made in the company wherein only the marketing director of the company has taken the different decisions herself and after taking all the decisions herself she has consulted the higher management officials and this is the challenge for the entire organization. She has just collected the data from the last three months and did not develop any effectiveness in the managerial context (Rebore 2013). The other organizations in the competitive market were expanding in the global economy without much difficulty but there was no development of the employees and there no management of the stakeholders as well in the respective organization (Kochan et al. 2014). The marketing director of the respective company tried in understanding the different issues that has been faced by the organization along with the employees of the organization as well (Lawton, Alan and Iliana 2015). The approach that was followed in the organization was not following the bottom line approach and she has proper knowledge that this was a tough task and this cannot be achieved without proper support from the employees of the firm as well (Latham 2014). The marketing director of the company tried to point out the different issues that was faced by her as well as the management team and tried to explain the different issues to the higher authority member as this will help in resolving the issues (Ciulla 2014). The issues that have been faced by the company along with the other employees both higher, middle and lower level employees are discussed as follows: There was no proper development of the effectiveness in the managerial functions as the marketing director did not try to accomplish the goals as by becoming the proper leader. Proper prioritization was not being made by the director of the marketing department and this has affected the strategic thinking of the employees as well (Fairhurst, Gail and Stacey 2014). The main aim of the company was to implement strategies that will help them in developing proper global economy but there were issues in the work effectiveness of the entire company (Ward 2016) The marketing department director did not have the quality of leading the employees and this was a huge challenge for her in the company. She should have properly pointed out the different issues that have been seen by her while working with the employees of the organization. But the method that has been used by her was not up to the mark and this created huge issues for the entire team as well (Northouse 2015) Proper development of the different employees in the organization was not up to the standard as the proper identification of the change was not done properly by the marketing director. She did not manage the stakeholders as well as the employees properly and there was no remedial measures taken as to mitigate such risks from the company as well (Heikka et al. 2013). Main issue in the leadership approach of ABC Global Company The main leadership issue that was faced in the respective company was regarding the communication process as well as the proper method of leading and managing the team (Northouse 2015). The marketing director of the respective company did not take proper steps in the process of the communication and this created huge issues in the organization as well. The issues that were found was relating to the process of improper communication wherein the leaders of the organization did not communicate proper information to the employees regarding the global expansion of the entire company (Makaroff et al. 2014). The higher officials of the company should have properly implemented the different formal communication strategies such as top down approach or the bottom top approach wherein the employees of the organization should be given fair chance in expressing their views and the incapabilities in performing the task as well. The global expansion in the mining sector required proper strategies and experienced individuals as this will help in solving the different issues in the mining sector. However, such steps were not taken by the marketing director and she just went through the reports of the last three months and found that there were different issues in the reports and she directly consulted the higher department managers and this created huge issues in the organization as well. The marketing manager could not able to handle and manage the team properly as well as she did not collect proper information from the employees in the organization. The development of the employees depends on the proper leader as well as the proper leadership style, but such system was not followed by the respective organization and this did not help in the global diversification that was planned by the company. Vision for global expansion strategy The leadership issues that were faced by the respective company have to be properly solved by the employees of the organization along with the help of the higher officials in the organization. The proper leadership skills are essential in nature in the organizations as this will help in providing the employees proper guidance as well as delegating the different tasks as per the priority basis as well. The four steps can be followed in the formation of creative leadership in the respective organization wherein the necessary steps has to be followed such as: Proper setting of goals is essential and it has to be followed by the respective organization as well as this will help in setting the different goals proactively and the proper deadline that is required to meet such needs as well as requirements. Proper delegation of the tasks is essential and it can be done by the entire organization as well as this will help the organization in making the works more productive in nature. The proper delegation of the tasks in the organization can provide empowerment to the employees as to take proper decisions in different kinds of tasks Working on the tasks that will maximize the unique value wherein the marketing manager of the organization will prioritize the different tasks that are important in nature and that will help in gaining proper competitive advantage as well. Gain some proper clarity is essential to be adopted by the respective company as this will help in providing proper understanding of the work and it gives me proper clarity of the tasks that has to be performed by them. These are the different steps that can be taken by the higher officials including the marketing director of the company. The leader of the organization has to follow different guidelines as well as steps in providing advice to the employees in the organization and this will help in motivating the employees as well. The leader of the respective organization named ABC Global Company could have followed the steps such as: Building morale and improving satisfaction of employees by understanding the issues that are faced by them in the organization and solving the issues with the help of implementation of different strategies as well (Bolman, Lee nd Terrence 2017). Proper coordination among the employees is essential and necessary in nature as this will help the managers in understanding the requirements and solving the queries with implementation of strategies (Shapiro, Joan and Jacqueline 2016) Proper delegation of the difficult tasks by the managers of the team as this will help the team as well as the entire organization in identifying the organizational needs and requirements (Avolio, Bruce and Francis 2013). Proper building of strategy is essential in nature to be made by the entire company as this will help the managers and the employees of the organization to make the entire business successful in nature. The marketing director of the company has to properly analyze the different techniques and methods as this will help in focusing on achieving the global expansion of their company and this will be achieved with proper direction through the actual support that is necessary in nature (Daft 2014) Lastly, the data has to be properly gathered by the employees of the organization wherein the data plays a critical role in the decision making process. Proper business is essential and is required in nature to guide the decisions that are taken by the company The effective process of communication is essential as well as this will help the company and the employees of the organization to provide proper efforts in the meeting of different requirements of the respective organization. The leaders of the respective organization named ABC Global Company that includes the marketing director as well as the higher management officials to properly ascertain the different requirements that will help in global expansion of the entire company. Recommendation Therefore, it can be recommended that proper leadership is essential in nature and it is required to perform the different activities effectively in the organizations. There were different issues that have been faced by the organization as this has affected the entire business of the organization. The leader of the organization named ABC Global Company has to properly follow the different processes of proper and effective leadership in order to perform the tasks effectively and communicate properly as well as this will help in global expansion of the company as well. The respective company has to expand the business globally with proper leadership approaches as this will help in achieving the goals and improve the overall performance of the business as well. The global expansion of the entire company is possible when there will be proper cooperation among the employees of the organization and this will help in achieving the different objectives as well. The strategies has to be maintained properly by the company as this will help the employees along with the organization to properly integrate and cooperate in development of the essential projects. These are the different ways through which the change can be achieved in the organization and this will create a dynamic environment for working in the entire organization as well. References Avolio, Bruce J., and Francis J. Yammarino, eds. "Introduction to, and overview of, transformational and charismatic leadership." 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