People culture and contemporary leadership Submitted By:.
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Please prepare in the power point presentation slides the slides should cover 5 minutes zoom video and please select and organisation and prepare according to the Assesment description requirements and please follow the rubric
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People culture and contemporary leadership Submitted By:
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Introduction In this presentation the crisis of Volkswagen is presentedand the likely causes and consequence are presented along with discussion on leadership style that was utilized to overcome the issue as well as their advantage and disadvantage. An organizational crisis can be anything that can put a major product line or business unit into risk or can hamper an organization’s financial output or can damage wellbeing of customers, staffs, community or environment that surrounds thebusiness.Organizationalcrisiscanalsoincludethingsthatcandamage people’s faith in an organization which can destroy identity and image.
Organizational Crisis: Overview and Likely causes In2015,theUSEnvironmentalProtectionAgency (EPA) revealed that Volkswagen attempted product tampering by illegal installation of defeat devices in several of their 2.0 l engines Likely cause of Organizational Crisis •High level of overconfidence •Narcissism in top executives •Personal costs-pecuniary or nonpecuniary-of failing to deliver expectations •Less resistance faced
Potential consequence of crisis •VW’s crisis resulted into cost in form of penalties •Led to compensation and buybacks •VW faced net loss •Faced lawsuits
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Leadership style selected: advantage & disadvantage •VW has turned to transformational leadership style so as to regain trust after dieselgate crisis ADVANTAGES of Transformational style It permits rapid formulation of a vision It applies inspiration to motivate people It facilitates innovation through collaboration It facilitates organizational change by stimulating optimistic behavior
Contd… DISADVANTAGES of Transformational style •Transformational style may overlook reality and truth •It can face serious detail challenges •It can lead to wrong decision •Issue of Prioritization
Recommendation & Conclusion Recommendation •Transformational leaders need to align their vision with SMART plan •Also transformational leaders can attain vision through small goals and targets •Transformational leaders involve people Conclusion Thus it can be concluded that organizational crisis are situations that areexposedwithoutpreparationandcanbedealtwithproper leadership style which can help to overcome the crisis and rebuild positive perception of the firm in the market and among customers. In order to overcome crisis adequate leadership and guidance need to be offered so that change can be steered to bring back things under control. Also to handle crisis proper leadership should be maintained so as to motivate people to overcome situations.
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References Hoch, J. E., Bommer, W. H., Dulebohn, J. H., and Wu, D. (2018). Do ethical, authentic, and servant leadership explain variance above and beyond transformational leadership? A meta-analysis.Journal of Management,44(2), 501-529. https://doi.org/10.1177/0149206316665461Accessed on 3/6/2019 Rhodes, C. (2016). Democratic business ethics: Volkswagen’s emissions scandal and the disruption of corporate sovereignty.Organization Studies,37(10), 1501- 1518.https://doi.org/10.1177/0170840616641984Accessed