Think about the role of leadership in the Polaris/Victory case.

Read the leadership characteristics below and discuss how you believe the Polaris/Victory leaders performed their role. answer must be 300 words or more please.

-Actively seeks out and identify opportunities to develop and offer new products (good – services – ideas)

-Propose innovative business deals to customers, suppliers, and business partners.

-Initiate actions that may involve deliberate risk to achieve a recognized benefit or competitive advantage.

-Stay abreast of government, business, industry, and market information that may reveal opportunities for innovative products.

I – Determining Direction – The Long Term Vision, Strategy, and Plans

            Effective application of leadership means:

            1. Anticipating external opportunities and threats

            2. Develop a vision & taking time to THINK

            3. Motivating and empowering people to reach beyond goals

            4. Developing the organization’s ability to create change

            5. Assessing the organization’s performance

II - Taking Advantage of and Maintaining Core Competencies

Core competencies are organizational skills that provide a competitive advantage

Core competencies: Resources that when teamed together provide capabilities that are:

unique to the organization

difficult for other to imitate

create value for the consumer

are non-substitutable

The leader must encourage development, maintenance, strengthening, and exploitation of core competencies (strengths and weaknesses)

The top leaders must develop and apply core competencies across all areas.

The organization must achieve synergy from sharing competencies

Maintain and improve the value chain on an ongoing basis