com+outline+
pdf
keyboard_arrow_up
School
Baruch College, CUNY *
*We aren’t endorsed by this school
Course
3102
Subject
Communications
Date
Jan 9, 2024
Type
Pages
4
Uploaded by ProfWhaleMaster475
Susan P. Mekrami October 22, 2023
Simran Tamber
Com 3102 Introduction
Three unique styles have become well-known frameworks for comprehending and assessing the subtleties of organizational direction and human influence in the dynamic world of leadership. The three leadership philosophies of transformational, transactional, and laissez-faire constitute a broad spectrum of strategies, each with distinctive traits, guiding principles, and effects on followers and organizations. This essay explores seven leadership philosophies in depth, highlighting their distinguishing characteristics, guiding principles, and useful applications.
I will continue to speak upon the identifications of the four best practices that I have chosen which include- adaptability, integrity, effective communication, and recognition. Best practice report 1 - Maintaining flexibility within a management team or organization often benefits strategy revisions, and the capacity to adapt helps leaders take advantage of changing opportunities.
Executive example – Transformational Leadership: Jeff Bezos is renowned for his transformational leadership style. He is the founder and former CEO of Amazon. He has played a key role in Amazon's explosive development and innovation, promoting a culture of taking risks and considering the long term. Bezos revolutionized the e-commerce sector, oversaw the creation of Amazon Web Services (AWS), and extended the business into new markets.
Best practice report 2 – A straightforward speaking style is essential for communicating investing strategy and conclusions. This openness lets shareholders and investors understand his reasoning, which fosters trust and informed decision-making.
Executive example – W
arren Buffett - Transactional Leadership: Warren Buffett, the Chairman and CEO of Berkshire Hathaway, is often associated with transactional leadership. He is known for his disciplined and value-based approach to investing. Buffett focuses on financial performance metrics, sets clear goals, and actively monitors the performance of the companies he invests in, rather than actively involving himself in day-to-day management.
Best practice report 3 - Employees are better able to support the company's objectives due to leaders ability to articulate a clear vision and plan. Their ability to lead depends on their ability to keep stakeholders informed and interested in Apple's objective.
Executive example – Tim Cook - Laissez-Faire Leadership:
Tim Cook is the CEO of Apple Inc. and is often associated with a laissez-faire leadership style. He empowers his executive team and encourages autonomy within the company. Cook is known for delegating responsibilities to capable leaders within Apple and providing them with the freedom to make decisions in their respective areas.
Best practice report 4 - For an organization to promote a culture of motivation and engagement, it is essential to recognize and value the contributions of its employees. Openly appreciating the
efforts of individuals and teams fosters a sense of loyalty and commitment, fostering a healthy work environment, and ultimately fueling the success of the organization.
Executive example – Mark Zuckerberg - Transformational Leadership:
Mark Zuckerberg, the co-founder and CEO of Meta Platforms, Inc. (formerly Facebook), has displayed elements of transformational leadership. He has led Meta through significant changes and innovations, including the acquisition of Instagram and WhatsApp, as well as the development of the Metaverse. Zuckerberg is known for his vision and long-term strategies that aim to transform the way people connect and share information. Conclusion
In conclusion, notable CEOs' leadership styles are varied and frequently shift over time. Jeff Bezos has demonstrated revolutionary leadership in pushing Amazon's innovation. Disciplined investment techniques demonstrate Warren Buffett's transactional approach. Tim Cook's laissez faire attitude encourages autonomy within Apple. Mark Zuckerberg's combination of visionary strategies fits with a transformational strategy, influencing Meta's evolution. These CEOs demonstrate a variety of leadership styles, demonstrating adaptation in a changing business environment. References
Hello Vaia. “Jeff Bezos Leadership Style,” n.d. https://www.hellovaia.com/explanations/business-studies/business-case-studies/jeff-bezos-
leadership-style/#:~:text=Jeff%20Bezos%20is%20often%20described,customer%20focus%2C
%20and%20employee%20empowerment
.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Financhill. “Warren Buffett Leadership Style,” December 20, 2019. https://financhill.com/blog/investing/warren-buffett-leadership-style
.
Team, Investopedia. “Tim Cook: Apple CEO's Strengths, Reputation, and FAQs.” Investopedia, January 29, 2023. https://www.investopedia.com/ask/answers/032515/what-tim-
cooks-managerial-style.asp
.
Admin, and Sean McPheat. “What Is Mark Zuckerberg’s Leadership Style?” Leadership and Management Training Courses UK | MTD Training, July 24, 2023. https://www.mtdtraining.com/blog/mark-zuckerberg-leadership-style.htm
.