Leadership Power of CEO
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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 all of the recent corporate scandals like Enron, WorldCom, Tyco, and ImClone, 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.
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.
Describe how these powers can be used to avoid the various operational, administrative, and ethical problems experienced by companies such as Enron, WorldCom, Tyco, and ImClone. 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.
Be sure to cite your sources using APA guidelines.
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Solution Summary
This posting discusses the different models of leadership and the power that emanates from them. Then the solution focuses on the manner in which the CEO can use these models.
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STEP 1
THE POWER THAT THE CEO CAN USE
There are several sources of power that the CEO has among them she can use legitimate power, reward power, coercive power, personal power, knowledge power and the power to punish. However, it is the appropriate use of these powers that is most important and the judicious mix of this power that can help the CEO achieve her goals.
STEP 2
OPERATIONAL, ADMINISTRATIVE AND ETHICAL PROBLEMS EXPERIENCED AND INFLUENCED
The companies such as Enron, WorldCom, Tyco and ImClone have committed blunders and it is not clear if their CEOs had the will to stop the scams that took place, In case of the large company that has retained you as a management consultant you need give a step wise direction of how avoid scams of large scale.
First the CEO should get information about the problems:
There are several sources of information that the CEO should develop: One is the financial information, the second is informal sources like the grapevine and the third is the informal contacts with key ...
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