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Different Leadership Styles

In: Business and Management

Submitted By shaneaaron28
Words 761
Pages 4
In this essay we will discuss the different leadership styles of Executive A’s level 5 leadership, Leader B’s transactional style, and Leader C’s transformational approach. All three have different styles of running the organization but are effective in different ways. Executive A is also planning on retirement in a few years so a replacement will be needed. We will also examine how either Leader B or Leader C will impact the company if promoted. Executive A has been a great asset for the company since taking control. The company under the last executive was losing more than two million dollars a year. Since taking over as the executive the stocks have increased 128%, and the company showed a profit during Executive A’s second quarter. The media has also praised the executive saying he has been the reason for the success. Now after a little about Executive A it has been determined that he possesses level 5 leadership. Executive A is always ready to give credit to other members in the company when things go well. Executive A is always quick to accept responsibility when failures arise in the company. Executive A is also determined to have strong leaders in the company and will look for a replacement when he retires that will make the company even better than it is. Leader B is a transactional leader. Transactional leaders like to guide and lead employees to reach goals set. Transactional leaders will watch closely as to how tasks are performed and make corrections when not done correctly, but will not intervene if done properly. Leader B likes to clarify tasks and help guide employees to be successful. Leader B also feels that when employees are given tasks they are personally responsible for completing them properly. Leader B will reward employees for their success. Leader C is a transformational leader. Transformational leaders like to inspire their

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