Sam Walton, Founder of Walmart Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it's amazing what they can accomplish." Even though the giant of Walmart, Sam Walton hasn't been around for twenty-five years, his wise words still ring true. He believed that leaders should inspire their team and encourage them with positive feedback. Praising members of your team for their achievements will motivate them to work harder. Unsure how to go about this? Why not choose a different staff member each week and make a conscious effort to praise them for a recent achievement? It only takes a minute and it can be very effective. You can give them positive feedback on anything from an innovative marketing idea, a strong sales performance to providing exceptional support the bottom line is that they will appreciate it. Doing this will actively boost their self-esteem and over time, your team morale. When your team believe in themselves and what they're trying to accomplish then they will have higher expectations for the team and the company. Source: https://www.xsellco.com/resources/10-business-leaders-share-tips-success/ 11. Define leader? Explain how leaders influence others? 12. What do you think about the leader behavior in the case study? 13. What is the difference between manager and leader? Which one is better?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Sam Walton, Founder of Walmart
Outstanding leaders go out of their way to boost the self-esteenm of their personnel. If people believe
in themselves, it's amazing what they can accomplish."
Even though the giant of Walmart, Sam Walton hasn't been around for twenty-five years, his wise
words still ring true. He believed that leaders should inspire their team and encourage them with
positive feedback. Praising members of your team for their achievements will motivate them to work
harder. Unsure how to go about this? Why not choose a different staff member each week and make
a conscious effort to praise them for a recent achievement? It only takes a minute and it can be very
effective.
You can give them positive feedback on anything from an innovative marketing idea, a strong sales
performance to providing exceptional support – the bottom line is that they will appreciate it. Doing
this will actively boost their self-esteem and over time, your team morale. When your team believe
in themselves and what they're trying to accomplish then they will have higher expectations for the
team and the company.
Source: https://www.xsellco.com/resources/10-business-leaders-share-tips-success/
11. Define leader? Explain how leaders influence others?
12. What do you think about the leader behavior in the case study?
13. What is the difference between manager and leader? Which one is better?
Transcribed Image Text:Sam Walton, Founder of Walmart Outstanding leaders go out of their way to boost the self-esteenm of their personnel. If people believe in themselves, it's amazing what they can accomplish." Even though the giant of Walmart, Sam Walton hasn't been around for twenty-five years, his wise words still ring true. He believed that leaders should inspire their team and encourage them with positive feedback. Praising members of your team for their achievements will motivate them to work harder. Unsure how to go about this? Why not choose a different staff member each week and make a conscious effort to praise them for a recent achievement? It only takes a minute and it can be very effective. You can give them positive feedback on anything from an innovative marketing idea, a strong sales performance to providing exceptional support – the bottom line is that they will appreciate it. Doing this will actively boost their self-esteem and over time, your team morale. When your team believe in themselves and what they're trying to accomplish then they will have higher expectations for the team and the company. Source: https://www.xsellco.com/resources/10-business-leaders-share-tips-success/ 11. Define leader? Explain how leaders influence others? 12. What do you think about the leader behavior in the case study? 13. What is the difference between manager and leader? Which one is better?
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