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Essay / Research Paper Abstract
This 11 page paper discusses the statement that "leadership can make a difference to organizational performance". The way leadership takes place, different styles and approaches and the impact on employees, culture and strategy are all discussed as part of this subject concluding the leadership has both a direct and an indirect impact on a firm's performance. The bibliography cites 8 sources.
Page Count:
11 pages (~225 words per page)
File: TS14_TEledorgperf.rtf
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Unformatted sample text from the term paper:
changes are needed a new leader may be brought in to try and change the fortunes of a firm. There are many examples of CEO changes associated with firm performance;
Sir Fred Goodwin, CEO of the Royal Bank of Scotland, at one point the highest paid CEO in the UK. He was forced to step down following the near failure
of the bank and in December 2008 was voted the "Worlds Worst Banker" in a FT Alphaville readers poll, followed in second place by Richard (Dick) Fuld, Chairman & CEO
of Lehman Brothers (Anonymous, 2008). This shows the way that leadership is blamed for poor performance, prior to the credit crunch there may have been some criticism of the styles
and strategies, however, this became much louder when the firms faced failure1. These are interesting cases, as it may be argued that the performance of the firms were not
only the result of the leadership, similar issues have faced nearly all firms in the same industry, with bad decisions and bad management having an impact on the performance of
the firms. However, it is apparent that not all firms have suffered to the same extent, could this be an induction of the difference leadership could have on performance, or
is there a different influence? The concept of good leadership being reflected in good company results is also seen with the way that perceived good leaders are head hunted with
golden handshakes, and the way that leaders are perceived to have the answer to company woes. This was seen with the return of Howard Schultz to Starbucks following poor performance
(Allison, 2008). In order to assess whether or not the perception that leadership can impact on the performance of a firm the first consideration is to examine what leadership
...