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Definition of Leadership
Ali Alogaili
National University
Kaylan Lavillotti
Led 400

Definition of leadership
Every business owner and CEO wants to be a good leader, but how can you be a good leader if you don't know what leadership really is?Unfortunately, leadership doesn't have a one-size-fits-all definition. We all have our own ideas about what it means to be a good leader. For example, some people think leadership means guiding others to complete a particular task, while others believe it means motivating the members of your team to be their best selves. But while the definitions may vary, the general sentiments remain the same: leaders are people who know how to achieve goals and inspire people along the way (Hilmrich. B 2015).

Costco's CEO is the Normal Guy

Over the past five years Jim Sinegal has shepherded his company Costco to impressive returns. Costco's stock has doubled, and revenues continue to grow at an impressive rate.
Yet Sinegal might be better known as a man of the people at Costco. His name tag plainly says "Jim," he answers his own phone, and his plain office at the company headquarters doesn't even have walls. While other CEOs are spending tens of thousands of dollars just decorating their offices, Sinegal's pays himself a yearly salary of $350,00. Most CEOs of large company are paid in the millions. His simple contract is only a page long, and even includes a section that outlines how he can be terminated for not doing his work. So how did he come up with that number? He figured he shouldn't be paid more than 12 people working on the floor. His employee turnover rate is the lowest in the retail industry, over five times less than rival Wal-Mart. In an age where CEOs are paid in the millions and would never be seen in the "trenches," Jim Sinegal is an anomaly. And his workers love him

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