Question

CUMMINS INC. A Fortune 500 company

Leading and controlling as they relate to the Cummins INC, A Fortune 500 company. The leading function requires leaders to motivate people to contribute to the overall goals and success of the business. The controlling function reviews all the processes to monitor success. This function establishes performance standards, measures actual performance, and compares to analyze variances.

You should include how these functions are assimilated in the daily activities of business from motivational strategies, leadership competencies, social media, communication, and control processes.

This should be formatted in APA. You should incorporate in-text citations and have at least three scholarly. Please do not use Wiki.

Leading: Give 2 to 3 examples of leading and motivating in your company

Controlling: Give 2 to 3 examples of controlling function in your company

Answer 1

The different ways in which the company leads and motivates its employees:

• The company has a dedicated buddy program in which a new employee is given a buddy from senior management positions. The senior employee motivates and guides the new employee to get assimilated in the culture and value system of the company quite easily. The senior employee guides him about he ways in which the new employee can perform well in his role. Also the senior employee handles the issues faced by the new employee in the company.
• Regular one to one sessions are conducted between the managers and employees so that the performance status of the employees can be discussed and the roadblocks to the performance can be identified and solved.

The different ways in which the company controls the different processes of the company:

• Random audits are conducted by the compliance and audit teams. These audits are done to check the compliance adherence of the company in different processes and procedures.
• The company conducts an annual performance appraisal process and a monthly balance scorecard evaluation. Performance appraisal process evaluates the performance of the employee in a financial year and give him a performance rating accordingly. Bonus and benefits are associated with the performance ratings and hence helps the company to control the performance of the company. The monthly balanced scorecard evaluation is done to check the performance of a department and evaluate if the strategic goals of the company are met or not.