The word “leadership” embodies everything a leader does that affect’s his or her organization's mission, strategic goals, and objectives. Effective leaders are those that inspire their teams to implement company objectives through various leadership tactical exercises and everyday practices. This report will discuss several key leadership concepts using varied scenarios depicted from key organizations. The report will show how each organization responded to its unique situation and will describe each company’s results. It will further describe the outcome of company responses to its given situations, and presents an analysis synthesizing key findings. The report will compare and contrast the practices of each company as it relates to key course-related concepts, which are, team and leadership roles, organizational culture and ethical leadership, influence tactics and organizational politics, and finally, leadership style by example.
Team and Leadership Roles
Morgan Stanley founded in 1935 offers financial services for clients worldwide. They have recently broken new barriers with advising clients on strategic transactions in global expansion of finance and capital markets and providing new opportunities for individuals and institutional investors. (Company history, 2008) Two years ago, Ray Tierney from Morgan Stanley went from the buy-side of global trading to the sell side as an Investment Manager. When Tierney arrived, he realized the trading desk was in need of change. From working on the sell side, he knew how a trading desk should operate, the tools it needed to be effective and the motivation required to make his team successful traders (McEachern, 2008). Tierney quickly learned his team was not use all the tools in the toolbox and began to devise a document that mapped out the firm’s new buy-side trading desk and this project would be the beginning of a transformation... [continues]
Cite This Essay
(2008, 10). Mba 520. StudyMode.com. Retrieved 10, 2008, from http://www.studymode.com/essays/Mba-520-170375.html
"Mba 520" StudyMode.com. 10 2008. 10 2008 <http://www.studymode.com/essays/Mba-520-170375.html>.
"Mba 520." StudyMode.com. 10, 2008. Accessed 10, 2008. http://www.studymode.com/essays/Mba-520-170375.html.