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In: Business and Management

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Leadership
Rachel Lavender
Western Governors University
8/7/2012

LEADERSHIP

In the given scenario, Executive A is described as driven, ambitious and focused on the success of the company. When Executive A joined the organization, the company was losing millions of dollars but after his/her tenure, the company’s stock increased significantly and only after a short time of Executive A being hired, the company started showing a profit. Instead of taking credit for this great accomplishment, Executive A gives credit to others that help lead the organization. On the other hand when there are problems, Executive A takes responsibility for them. Executive A is an example of a Level 5 leader. A Level 5 leader leads a company with an intense professional drive yet has deep humility. There are many factors that make a Level 5 leader. A Level 5 leader puts priority in people by making sure the right people are in the company and the wrong people are not. This type of leader also faces the harsh facts of reality yet at the same time holds on to the belief that in the end there will be success. A Level 5 leader believes in The Hedgehog Concept which consists of 3 intersecting circles: what a company can be best in the world at, how its economics work best and what ignites the passion of its people. (Collins, 2005 ) This type of leader is also careful at selecting the best form of technology and finally they adhere to a culture of discipline: disciplined people, disciplined thought, and disciplined action. (Collins, 2005)

In the scenario, the company is looking at two candidates to replace the CEO when he/she retires. There are 2 leaders; Leader B and Leader C. Leader B shows characteristics of a Transactional Leader establishing clear goals by clarifying task requirements and guiding subordinates in the direction of those goals. Leader B believes in

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