Leadership - A Critical Perspective LECTURE Suzanna Mahinder
Added on 2020-04-07
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Running head: CRITICAL ANALYSIS OF LEADERSHIP VALUE1SUBJECT:MGT536 – Leadership – A Critical PerspectiveLECTURESuzanna MahinderASSESSMENT No:A3WORD COUNT:3262ASSESSMENT QUESTION:Identify three ‘interviews’ or biographical accounts of Australian CEOs, business or third sector leaders from the Australian news media, a professional management journal or management-related magazine. Justify your selection. Analyze these cases, and from a critical perspective, compare and contrast: a) The ways in which each leader is constructed as a leader by the accounts;b) How the leaders describe their conceptualization of leadership; c) How each leader conceptualizes success through their leadership. Critically evaluate how each leader’s practice of leadership impacts the success of their organization, using relevant theoretical perspectives you have covered during your study of MGT536. Identify organizational issues one of these three leaders is facing. Drawing on current leadership research (from the last five years) what advice would you offer this leader to assist them in addressing these issues? Finally, draw conclusions from your entire critical analysis, and make recommendations about how relevant theories and research can assist leaders to fulfill their role.
CRITICAL ANALYSIS OF LEADERSHIP VALUE2LEADERSHIP, TRANSFORMATIONAL CHANGE, AND ORGANIZATIONALSUCCESS:EXECUTIVE SUMMARYThe businesses in the Australia have been facing various changes especially because of the stiff market competition. In order to succeed in the business world, one should be creative and innovative. This requires that the business leaders should be on the front line in initiating the strategies to meet the various challenges. Different leadership theories produce different results, and therefore there is no specific theory which guarantees success. This report analyzes the leadership styles of three Australian Chief Executive Officers (CEOs) to assess how their theories impact on the performance of the organizations. This is through analyzing the leadershiptheory of Richard Goyder - Wesfarmers, Ken Mackenzie - Amcor Limited, and Andrew Mackenzie - Billiton Group. The analysis reviewed that although they differed in their modes of leadership, their conceptualization of leadership and profit maximization equaled. The CEO has an obligation to set the conditions necessary for success and initiate them. The leaders should assess the strengths, weaknesses, and opportunities of the business and also understand the followers. This means that a leader will have sufficient education background and work experience.
CRITICAL ANALYSIS OF LEADERSHIP VALUE3Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2Introduction......................................................................................................................................4Aim..................................................................................................................................................4SELECTING AND ASSESSING THE CEOs................................................................................5Ways Each Leader Conceptualizes Success through Their Leadership......................................5How These Leaders Describe Their Conceptualization of Leadership.......................................7How Each Leader Conceptualizes Success through Their Leadership.......................................8Critical Evaluation of How Each Leader’s Practice of Leadership Impacts the Success of TheirRespective Organizations............................................................................................................9Identification of Organizational Issues faced by Ken Mackenzie.............................................11Advice to the Leader on How to Address These Issues............................................................11Conclusion and Recommendations................................................................................................12Bibliography..................................................................................................................................13
CRITICAL ANALYSIS OF LEADERSHIP VALUE4LEADERSHIP, TRANSFORMATIONAL CHANGE, AND ORGANIZATIONAL SUCCESS: A CRITICAL ANALYSISIntroductionThe CEOs are very important in determining the progress of the company. This means that they ought to have diverse and intense skills of leadership since they deal with employees and clients of different backgrounds. However, the CEO position is quite challenging, and this necessitates aseries of dismissals which cost a company billions of dollars if a CEO is not effective. It is also discouraging for the directors who put more efforts in scrutinizing candidates to anoint the appropriate CEOs in their companies. Therefore, the position requires one to be focused on achieving a lot of success and maximizing profits. The big companies in Australia for example, have been able to attain the topmost position in the country and the world at large because of the good leadership got from their leading CEOs. This paper features the CEOs of Wesfarmers, Amcor Limited and Billiton Group namely; Richard Goyder, Ken Mackenzie and Andrew Mackenzie respectively, as some of the largest companies in Australia and their leadership stylesand how they have impacted on the progress of the company. Aim This report aims to analyze the leadership of three Chief Executive Officers (CEOs) of Australian companies to assess their leadership theories and how leader performance can be improved to enhance organizational performance.1.This report will compare and contrast the leadership approaches of three Australian CEOsand identify how each leader's approach has influenced the organizational output and analyze the challenge faced by one of the CEOs. An effective leader should understand the organization and its structure to identify the opportunities available for exploitation and initiate proper directions and inspiration. This requires a leader to have a professional background which includes education and work experience.
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