New Company President
In search of a CEO, with such a large grouping of people to oversee, it will take a strong leader to fill the shoes of 25 years of dedicated service. The individual that meets the criteria, traits, and authoritarian leadership style should be able to set a tone and communicate the vision and focus of an organization by leading ethically. By setting realistic goals, provide positive feedback, encourage autonomy, practicing open communication, while having strong ethics and morals. First, there are certain criteria that need to be met to establish a role this individual will have to fill, and the first on that list is leadership ability. This person has to realize he/she is the face of the organization and therefor is the wishes of the operative employees under them. Authoritarian leadership is best described as having a strong control of others, while watching closely the actions of the company but without being too intrusive. According to Northouse, “the Authoritarian leader needs to control subordinates and what they do,” (2012). If this person gets too intrusive into the people and business dealings, they will find themselves taking on more responsibilities than the ones they are supposed to handle, like being the face of the company, for example. “CEOs have become the faces of their corporations, starring in ad campaigns, courting regular media coverage, and making cameo appearances on prime time television shows e.g., Bill Gates in Frasier and Lee Iacocca in Miami Vice,” (Malmendier & Tate, 2009). An organization has to have purpose and a vision, and this is accomplished by establishing a set of goals. This person has to be able to appoint specific individuals to make the organizations goal a reality. This means having a strong top management team, and then keeping in very close touch with that team. The team should be able to establish overall objectives and put policies in place to meet those objectives. This team includes...
References: Barrick, M. R., Bradley, B. H., Colbert, A. E., & Kristof-Brown, A. L. (2008). CEO Transformational Leadership: The Role of Goal Importance Congruence in Top Management Teams. Academy Of Management Journal, 51(1), 81-96. doi:10.5465/AMJ.2008.30717744
Kuo, H., Lin, D., & Wang, L. (2013). Chief Executive Compensation: An Empirical Study of Fat Cat CEOs. International Journal of Business and Finance Research, 7(2), 27-42.
Hiller, N. J., Resick, C. J., Weingarden, S. M., & Whitman, D. S. (2009). The Bright-Side and the Dark-Side of CEO Personality: Examining Core Self-evaluations, Narcissism, Transformational Leadership, and Strategic Influence. Journal of Applied Psychology, 94(6), 1365-1381. doi:10.1037/a0016238
Malmendier, U., & Tate, G. (2009). Superstar CEO 's. Quarterly Journal of Economics, 124(4), 1593-1638.
Northouse, P. G. (2012). Introduction to Leadership: Concepts and Practice. Thousand Oaks, CA: Sage Publications, Inc.
Please join StudyMode to read the full document