Discuss the CEO of Macy's, Terry Lundgren and address the following:
Define his/her style (selecting from the styles discussed in this week's textbook reading) and its identifying characteristics.
Offer actual support/evidence in the form of a quote from someone else or a newspaper or magazine article about the leader of your company. This information to confirm the style needs to be tangible evidence from a recently published (2010/2011) source and not the company's own website.
Leadership styles are:
Autocratic leadership - leaders make decisions on their own without consulting with employees.
Democratic leadership - involves subordinates in making decisions. Delegate assignments, ask employees for suggestions, and encourage participation.
Empowerment - managers lead employees by sharing power, responsibility, and decision making with them.
Free-rein leadership - minimal supervision, leave most decisions to their subordinates.
1. Identify the Company (the company you have been pre-approved for your term paper) and the name of the leader, CEO or President--whoever is the current head of the business.
The company that has been pre-approved for my terms paper is Macy's, and the Chairman, President and CEO is Terry Lundgren.
2. Define his/her style (selecting from the styles discussed in this week's textbook reading) and its identifying characteristics.
Mr. Lundgren's style of leadership can be said to be autocratic or authoritarian. The major underlying characteristic of this leadership style is that the manager essentially makes almost all of the organization's decisions with little or no input from his ...
The solution discusses the CEO of Macy's, Terry Lundgren and the Leadership Style.