Transactional and Transformational Leaders Harry works in a coal mine laboratory. At the start of each shift‚ Harry checks the work book which his supervisor completes‚ where clear instructions are given as to what task is required. Generally each task listed is the same each shift‚ and every task has a written procedure that must be followed in order to meet Quality Assurance Standards. At the end of each shift‚ Harry completes his shift report which is generally the same too. Harry has worked
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Metropolitan University March 21 2013 Management and Leadership Development Module Tutor: Dr. Ruchi Sharma Student Id: 77094015 The phenomenon of Leadership style has its clear and visible existence from the beginning of the civilization. Greek heroes like Lenin from Russia‚ Lincoln and MacArthur had one thing in common i.e. ‘LEADERSHIP’. Over the years the forms of leadership has changed. Earlier people believed that leadership comes from birth but now a time has come where organizations
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O. & Quigley‚ N. R. (2014). Responsible Leadership and Stakeholder Management Influence Pathways and Organizational Outcomes. Academy of Management Perspectives‚ 28(3)‚ 255-274. 2) Effelsberg‚ D.‚ Solga‚ M.‚ Gurt‚ J. (2014). Transformational Leadership and Follower’s Unethical Behavior for the Benefit of the Company: A Two-Study Investigation. Journal of Business Ethics‚ 120(1)‚ 81-93. 3) Lopez‚ R. (2014). The Relationship between Leadership and Management: Instructional Approaches and its
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Traditional approaches to leadership focus on Transactional leadership while‚ the more recent studies are now focusing on Transformational leadership style. Transactional leaders are those who motivate their followers by clarifying task requirements and work role. Transactional leadership style may be considered a common management style that involves a chain of command and defined structure where subordinates are expected to do what their supervisor tells them to do. Forms of motivation include
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Introduction People’s view on leadership has been changing due to factors such as the ever-changing world‚ observation of different leaders and the influences of these leaders. Leadership is about working and motivating a team in achieving goals‚ adapting to a different situation to accomplish in the organization. For an organization to prosper‚ it will need someone great with the intelligence and power to be creative and know how to run their position on what to represent. This quote “Never give
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Transformational Leadership In today’s healthcare system‚ effective leadership is essential to improving and reaching organizational outcomes. A leader is someone with the ability to influence others but‚ an effective leader uses positive strategies to inspire employees to work towards the same goal. Leadership in nursing requires a constant effort to motivate others to become part of the organizational transformation. This can be achieved using a transformational leadership style with
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J & L Accounting‚ Inc. Income Statement For the Month Ending January 31‚ 2013 Revenues Service Revenues 8‚375.00 Expenses Advertising Expense 2‚350.00 Rent Expense 1‚000.00 Office Supplies Expense 75.00 Telephone Expense 660.00 Utilities Expense 2‚925.00 Depreciation Expense 1‚100.00 Total Expenses 8‚110.00 Net Income 265.00 J & L Accounting‚ Inc. Post-Closing Trial Balance January 31‚ 2013
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Disruptive and sustaining technologies – the difference Disruptive technologies are technological innovations which‚ as their name suggests‚ disrupt the status quo. They may displace existing technology‚ or introduce an entirely novel concept to society. The digital camera and the telephone are two examples of disruptive technologies. Developing and marketing such technologies requires skill and some financial backings‚ as consumers may initially be wary of such technologies before adopting them
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concept of transformational leadership‚ and to examine why many consider it as being overshadowed by inspirational leadership. In order to do that‚ the assignment starts with a general idea of Leadership‚ and differentiating it from Management‚ as many confuse them as the same thing. An explanation of how authors like Burns and Bass wrote about Transformational Leadership‚ and pointing out its differences from transactional leadership. Continuing by defining transformational leadership and analysing
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J & L Railroad 1. J & L can use heating oil futures to hedge its exposure to diesel fuel prices. Which futures position should J & L take? Explain. J&L Railroad should take a long position. They need to purchase diesel fuel in the future‚ they don’t produce diesel fuel‚ so they would want to take a future to be able to lock in the price of diesel fuel for future purchases. 2. What problems could the use of heating oil futures for hedging create for J&L? Note: I assume this question is asking
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