What leadership style would be most appropriate for that

Assignment Help Financial Management
Reference no: EM131904806

Module - Case

VISIONARY LEADERSHIP, CROSS-CULTURAL LEADERSHIP, FACILITATING CHANGE

Background

Leaders of today can be categorized by their various leadership styles, but all successful leaders have one thing in common: they are visionaries.

For example, Presidents Bill Clinton, John Kennedy, and Ronald Reagan; high-tech giants Steve Jobs and Bill Gates; and world figures such as Mahatma Gandhi and Martin Luther King all had visions far larger than themselves and the role they played.

For example, Gandhi is single-handedly responsible for returning India to home-rule after centuries of being ruled by Great Britain. Martin Luther King is considered to be the father of the civil rights movement in the United States. Bill Gates and Steve Jobs revolutionized the technology industry with their MS-DOS and Windows software, and the iPhone, respectively.

Each of these leaders constructed a vision that was creative, clear, and concise, and that also complemented the organization's culture and strategy. They all possessed the foresight to plan strategically for potential opportunities and threats, and once they constructed their vision, they were able to influence people, implement policies and procedures, and execute on the vision (i.e., turn that vision into action).

One key thing with visionary leaders is that they are the creative geniuses behind the vision, and nearly all of them lead by example. Which brings us to the next point: Microsoft certainly isn't the company that it was after Bill Gates stepped down - will that same fate happen with Apple now that Steve Jobs is no longer running the company?

Required Reading

Please review The 100 most influential people according to TIME. To see the full list, click on "Full List" on the top banner, or choose from one of the selected lists such as "Pioneers", "Titans" or "Leaders". The 100 Most Influential People (2016). TIME.

Module  - SLP

VISIONARY LEADERSHIP, CROSS-CULTURAL LEADERSHIP, FACILITATING CHANGE

Background

The most well-known framework on cultural values was derived from a landmark study in the late 1960s and early 1970s by Geert Hofstede, who analyzed data from 88,000 IBM employees from 72 countries in 20 languages.

His research showed that employees working in different countries tended to prioritize different values, and those values clustered into several distinct dimensions. Those dimensions began with just four categories, but have been expanded in recent years to include:

• individualism-collectivism

• power distance

• uncertainty avoidance

• masculinity-femininity

• short-term vs. long-term orientation (or pragmatic vs. normative) and most recently

• indulgence vs. restraint

Required Reading

Begin the SLP by reading:

Hofstede, G. (1993). Cultural constraints in management theories. Academy of Management Executive, 7(1), 81-94.

Session Long Project

First, choose a country outside of the United States. Then, drawing on the material in the background readings and doing additional research, please prepare a paper that addresses how you would adapt your leadership approach to lead a group based upon Geert Hofstede's six dimensions if you were the CEO of a multinational organization. For example, how would you adapt your behavior if it was an individualistic or collectivist environment?

Would you implement a flat structure if it was a high or low power distance policy? What leadership style would be most appropriate for that culture? Make sure to address all six of Hofstede's dimensions. Please be creative and provide examples to justify why you would make such decisions.

Your paper should be short (2-3 pages, not including the cover sheet and references) and to the point. You are expected to deal with these issues in an integrated fashion, rather than treating them as a series of individual questions to be answered one by one and left at that.

Reference no: EM131904806

Questions Cloud

How to improve the long-term customer relationships : Every company gathers information on customer preferences and buying history in order to improve their long-term customer relationships.
Discuss what you feel is the most effective way for a leader : After watching the videos, discuss what you feel is the most effective way for a leader to implement organizational change.
Discuss the stages of the buying decision process : Every product or service has a buying process, even digital products and services. In this assignment, you will research and analyze the buying process.
Identify management opportunities in the cloud : Security threats in cloud-based solutions with risk management strategies. Identify management opportunities in the cloud.
What leadership style would be most appropriate for that : Prepare a paper that addresses how you would adapt your leadership approach to lead a group based upon Geert Hofstede's six dimensions.
Discuss the various types of situational influences : How is social media impacting the various types of situational influences? Follow the APA format and times new roman font size 12.
Calculate the perfectly competitive and monopoly outputs : Calculate the perfectly competitive and monopoly outputs and prices and Calculate the marginal cost function; show that this marginal cost curve intersects
Analyze why you believe the given items are important : Analyze why you believe these are important, and include examples of security breaches that can occur if these items are not outlined and followed.
Explain what are element of administering an e-commerce site : Explain what are some elements of administering an e-commerce site? Detail the methods and options to authenticate online customers.

Reviews

Write a Review

Financial Management Questions & Answers

  Concepts influence the ethical decision-making process

The ethical decision-making framework includes the concepts of ethical issue intensity, individual factors, organizational factors, and opportunity. Discuss how these concepts influence the ethical decision-making process.

  Operate as corporation rather than as sole proprietorship

Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership?

  The equipment that would be used has three year tax life

DiCapri Company is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, would be depreciated straight-line method over its 3-year life, and would have a zero salvage value. No new working capit..

  Security market line and risk-free rate

Using excel graph the Security Market Line and risk-free rate using the information from info below:

  Employing passive-voice verbs

Employing Passive-Voice Verbs. YOUR TASK Revise the following sentences to present the bad news with passive-voice verbs.

  What is the nominal cost of its nonfree trade credit

If a firm buys under terms of 1/15, net 40, but actually pays on the 20th day and still takes the discount, what is the nominal cost of its nonfree trade credit? Assume 365 days in year for your calculations.

  What is the internal rate of return of this opportunity

What is the internal rate of return (IRR) of this opportunity? Suppose another investment opportunity also requires $4,000 upfront, but pays an equal amount at the end of each year for the next five years. If this investment has the same IRR as the f..

  The child withdrawals an equal sum twice per year

Parents deposit $7,000 into a savings account at the end of each year for 22 years to help their child pay for college. The savings account pays 7% interest per year, compounded monthly. The child withdrawals an equal sum twice per year while in coll..

  Capital structure should be chosen for the spin-off

Which particular capital structure should be chosen for the spin-off? Your firm receives all the proceeds from the sale debt and equity.

  What is the amount of the net working capital

Red Roofs, Inc. has current liabilities of $24,300 and accounts receivable of $7,800. The firm has total assets of $43,100 and net fixed assets of $23,700. The owners' equity has a book value of $21,400. What is the amount of the net working capital?..

  The optimal capital structure of a firm

In a world with corporate taxes, MM theory implies that that all firms should choose an all-debt capital structure. The optimal capital structure of firm.

  What are the NPV and IRR of the replacement project

What is the net cash flow at time 0 if the old equipment is replaced? What are the NPV and IRR of the replacement project?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd