1. J & L should hedge only some of its exposures to diesel fuel. Although there are several financial instruments available for J & L to hedge against the risk of rising diesel fuel prices‚ these instruments still have their own downsides and possibly their own risks. For example‚ the future contracts from NYMEX seems like an effective hedging strategy for J &L‚ but there are some difficulties in terms of using futures from NYMEX to hedge against the diesel prices. NYMEX does not trade
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TRANSFORMATIONAL AND TRANSACTIONAL LEADERSHIP STYLE ABSTRACT In this global competitive environment‚ effective leadership style is necessary to reduce the attrition rate. From the effective leadership styles only it is possible to achieve organizational goal productively. This paper wanted to see the transformational and transactional leadership style. Where Transformational leadership can be categorized into Charisma‚ Inspiration‚ Intellectual Stimulation and Individualized Consideration. While
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An Analysis of Transformational Leadership BSP045 Work Psychology B010898 Cheng Chen Introduction Since the early 1980s‚ there has been an explosion of interest on transformational leadership among scholars and managers. It is shown with evidence that the desire and effectiveness of transformational leadership style are universal (Den Hartog‚ et al.‚ 1999‚ and Bass‚ et al. 2006). This leadership style‚ as its name implies‚ is a process which tends to change and transform individuals (Northouse
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PAPER: Journal Article | Arnold‚ K.A. and Loughlin‚ C. (2010) Individually considerate transformational leadership behavior and self sacrifice. Leadership & Organization Development Journal‚ 31(8) pp.670-686 | UNDERSTANDING OF THIS PAPER AIM/PURPOSE OF THIS PAPER | The aim/purpose of this paper is:a) To investigate how and to which extent leaders engage in individually considerate transformational leadership behavior with focus on the developmental‚ supportive and self sacrificial aspects
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Yuan Ye (Carol) IBT07148 Transactional and Transformational Leadership [pic][pic] To: Nour Akalay Management June ‚ 2008 Transactional and Transformational Leadership Leadership has been an important topic in the social sciences for many years. Recently‚ renewed interest in the concept of leadership has been aroused. “The resurgence of interest in studying the topic of leadership appears to be accompanied by an acceptance of the distinction
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TRANSACTIONAL & TRANSFORMATIONAL LEADERSHIP Burns Theory of Transformational & Transactional Leadership The idea of transformational leadership between leaders and followers was first developed by James McGregor Burns in 1978. He distinguishes between leaders who are‚ or attempt to be ethical and moral‚ and "power wielders‚" who are not. In an essay 20 years later‚ Burns returns to this idea‚ arguing that: - Transactional leaders‚ through their transactions‚ make use of "modal values
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yet to create supportive and equality based environments the transformational leadership and management module proves more applicable to the environment of nursing. According to Hurley and Hutchinson “there is an equally pressing need for nurses to be more capable of leading themselves‚ other professional staff and in leading on the care delivery” (Hurley and
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This paper expounds on Transformational Leadership based on the concepts developed in class ML 510 (August – September 2009). Other than the class concepts‚ the works of Northouse‚ 2003; Yukl‚ 1989; Collins‚ 2001; Tichy & Ulrich‚ 1984; Bass & Steidlmeir‚ 1998‚ informed the theoretical frameworks for the paper. Theories and concepts informed the basis of whether such leadership factors do or not exist in the Kenyan situation. Not withstanding‚ it is notable that leadership of NIST is undergoing a
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Master in Business Association Cohort 17 COURSE: TRANSFORMATIONAL LEADERSHIP AND MANAGEMENT COURSE CODE: SBC06100 Student ID#: 607004764 Lecturer(s): Vanda Levy-McMillan Wayne Robinson Assignment 1: Transformational changes within Jamaica Constabulary Force October 1‚ 2014 There are a multitude of leadership attributes and skills set that are exemplary of a good leader. Listed below are the top five (5) attributes and three (3) main skill set: Top (5) Leader Attributes i) Intelligence
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Transformational leadership is a topic which I find very interesting; and‚ is also relevant to my professional field and the pursuit of a bachelor’s degree in business administration. Given the current business climate‚ it is imperative that organizational leaders have an idea of where they want to take the company‚ be able to influence others to buy into the idea‚ and take the actions necessary to achieve the goals that are set for the organization. In her article‚ What is Transformational Leadership
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