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The CEO of a Large Company has Retained You as a Management Consultant

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The CEO of a large company has retained you as a management consultant to look into an area of concern that she has. With many of the recent corporate scandals, she is wondering how she can avoid these sorts of problems within her company. She has asked you to research and prepare a report that summarizes the various kinds of power she has at her disposal and how this power could be effectively utilized to avoid these sorts of problems within her own company.

Prepare a report in which you:

1.There are a myriad of leadership models, most of which discuss sources of power. Using the model presented in your text and accessing other sources as supporting material, list and explain the sources of power that the CEO of a large company typically has at her disposal.

2.Describe how these powers can be used to avoid the various operational, administrative, and ethical problems experienced by companies. Please respond to this question by identifying three specific business problems that can be addressed through the use of "influence tactics." For each specific problem, describe the influence tactic that should be used, the source of power behind that influence tactic, and why you believe that this influence tactic will effectively address that problem.

Please include abstract and THANK YOU for helping me get started!

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Solution Summary

The report lists five sources of power that are given by John French and Bertram Raven. These sources of power are explained in detail to the CEO of the company and how each of these powers can be used by her in her company. Each of the powers is then considered in detail and the methods by which each of the powers can be used by the CEO are explored. After exploring each of the five sources of power in detail, three problems faced by the CEO are discussed. One problem is operational, the second is administrative, and third is ethical. It is explained to the CEO how she can use different sources of power that are available to her for solving these problems. This solution is 1050 words.

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Abstract
The report lists five sources of power that are given by John French and Bertram Raven. These sources of power are explained in detail to the CEO of the company and how each of these powers can be used by her in her company. Each of the powers is then considered in detail and the methods by which each of the powers can be used by the CEO are explored. After exploring each of the five sources of power in detail, three problems faced by the CEO are discussed. One problem is operational, the second is administrative, and third is ethical. The CEO is explained how she can use different sources of power that are available to her for solving these problems.

There are five sources of power that a leader has according to John French and Bertram Raven, social psychologists who carried out a study in 1959. Each of these five sources of power is available to the CEO of the company. The reason is that the CEO is the leader of the company. The five sources of power are legitimate power, this power comes from the belief that a person has the right to make demands and expect followers to obey them. The second source of power is reward power. This comes from the ability of the person to give a reward for obeying. The third source of power is expert power. This is based on the abilities and knowledge of the person. The CEO usually has knowledge and certain abilities that are superior to others. The fourth source is referent power or the ability of the person's perceived attractiveness, and right to respect from others. The fifth is coercive power. This is the belief that the person has the right to punish ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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