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Life Cycle of Organizations Affecting Leadership Approach

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How does the life cycle of organizations affect leadership approach?

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Solution Summary

The solution discusses how the life cycle of organizations affects the leadership approach.

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If one looks at the life cycle, it is easier to determine the leadership approach. Five basic elements of the life cycle are: Start/creation, expansion/growth, decline, renewal, close/end. Each of these have specific requirements necessary for success of the business and the leadership.

At the start the leader needs enthusiasm, flexibility, and determination. The leader approaches the issues and business with both passion and confidence for the company and the product/service ...

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