Relevant to the five practices of leadership theory

Assignment Help Operation Management

Reference no: EM132216732

One trait common to all highly effective leaders is that they are not afraid to take risks. They understand that in order to move forward and compete effectively, they have to go into adventures, explore, and test the waters in order to search for opportunities. Effective leaders also understand that they cannot stay stagnant, and the idea of doing things the same way over time will not be sufficient. In fact, such practices will negatively impact the organization (Kouzes & Posner, 2012). The concept of challenging the process encompasses the idea that leaders have to think outside the box and reject the status quo in order to be exemplary and support the success of their organization (Kouzes & Posner, 2012). They have to ask questions, and rather than responding with prescribed answers, they should use the questions as a starting point for innovation and the realization of the shared vision. The practice consists of the following components: Searching for opportunities in order to get extraordinary things accomplished Taking risks and experimenting with new ideas in order to remain relevant Understanding that success and advancement are generated through innovation and creativity In your own words, share an example of an instance where you or a leader you followed took a calculated risk. Bring in leadership theory as it relates to your example. Explain why you or your leader decided to take the risk. Make sure the answer is relevant to the five practices of leadership theory.

Reference no: EM132216732

Questions Cloud

Long-term consequences of increased technological : Is it believed that long-term consequences of increased technological dependence are going to be good or bad? Explain. How do one see technology's effect

Propose how you would ensure the hr strategy is in alignment : Propose how you would ensure the HR strategy is in alignment with the business strategy. Describe the HR job positions and the responsibilities listed.

How has technology affected one life : How has technology affected one's life? Be specific as to what changes, and in what ways.

Create image differentiation to stand apart from competitors : Sally’s is a boutique bakery that specializes in cupcakes. How can Sally’s create image differentiation to stand apart from its competitors

Relevant to the five practices of leadership theory : Explain why you or your leader decided to take the risk. Make sure the answer is relevant to the five practices of leadership theory.

Evaluate management principles using given information : Write a 1 page paper where you will evaluate management principles by comparing and contrasting them to strategic management, so the workgroup participants.

Compute the earnings per share data : Assuming a 50 % tax rate, compute the earnings per share data that should appear on the financial statements of Swifty Industries as of December 31, 2017

Discuss about the ethical and legal responsibilities : How do the tensions between insurance coverage and the need for care impact a hospital's economic, ethical and legal responsibilities?

Creating distinctive store atmosphere at clothing retailer : Imagine that you are in charge of creating distinctive store atmosphere at clothing retailer. What can you do to make store stand out in customer experience?

User Account

All Pages