Reference no: EM133617466
Homework: Business Finance- Management
Business Information Resources
The Strayer University Library has several tools and resources for locating credible, appropriate, and current information for business students. These resources will help you locate company information for your Homework - The Value of Failure in Leadership.
Company Information or Profiles
I. Business Source Ultimate Database.
1. This essential tool for business students includes case studies, company profiles, industry profiles, SWOT analyses, eBooks, market research reports, product reviews, news articles, country reports, business journals and magazines, trade publications, and more than 100,000 videos from the Associated Press and other business publishers.
II. Nexis Uni Database.
1. Nexis Uni facilitates targeted searches for trending articles on current business issues.
News Sources and Magazines
I. U.S. Newsstream Database.
1. The database provides access to current U.S. news content, as well as archives, from the New York Times, Wall Street Journal, Washington Post, Los Angeles Times, Boston Globe, Newsday, and the Chicago Tribune.
II. U.S. Major Dailies.
1. U.S. Major Dailies provides direct access to daily issues of the five largest national newspapers in our U.S. Newsstream database: the New York Times, Wall Street Journal, Washington Post, Los Angeles Times, and the Chicago Tribune.
III. Flipster Magazine Database.
1. Flipster provides access to popular magazines related to business, including Forbes and Fortune.
IV. Wall Street Journal Online Database.
1. A free account through Strayer provides access to the WSJ's member-only digital content.
Overview
An old adage says, "If at first, you don't succeed, try, try again."
Many people avoid situations in which they might fail or avoid risks because of the potential for failure. In developing as a leader, you will likely be exposed to the idea of failure and how it relates directly to leadership. Many CEOs have experienced such failures.
In this homework, you'll use your management and critical thinking skills to analyze how leadership behavior impacts an organization's business outcomes.
Prepare
Identify a public company that failed within the past 3-5 years. Conduct research on the company and its CEO or leader at the time of the failure.
Instructions
Write a 3 to 5 pages paper in which you:
Question 1. Provide a brief overview of the company that identifies the leader and explains the incident of failure.
Question 2. Present an examination of the key traits and characteristics of the leader and determine the leadership style. Include two leadership behaviors the leader exhibited to support your rationale.
Question 3. Explain the impact of the leadership style on the company's failure.
Question 4. Suggest an alternative leadership style that could have been more appropriate for the organization. Support your reasoning.
Question 5. Create a list of five best practices to help leaders deal with the challenge of potential failure in an organization.
The specific course learning outcome associated with this homework is:
I. Analyze how leadership styles and behaviors affect outcomes in organizations.