Nobody downloaded yet

The Importance of Transformational Leadership During a Company Crisis - Research Paper Example

Comments (0) Cite this document
Abstract The present study aimed to determine the influence of transformational leadership among organizations in crisis, particularly within the context of Walmart. The SWOT analysis of the leadership of Walmart shows that it remains a challenge for many organizations to effectively implement transformational leadership through capable leaders; specifically, difficulties in carrying out leadership in the workplace may include creating considerable change and dealing with increased resistance from its members…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
The Importance of Transformational Leadership During a Company Crisis
Read TextPreview

Extract of sample
"The Importance of Transformational Leadership During a Company Crisis"

Download file to see previous pages The Importance of Transformational Leadership during a Company Crisis: The Case of Wal-Mart Background of the Study A great deal of research on leadership has been carried out as such concept has been associated with a wide range of factors including the process of decision making, leader-follower interaction, and goal establishment and accomplishment, to name a few (Steane, Hua, and Teo, 2003). The notion that the concept of leadership can make significant contribution for research and development has been widely acknowledged by academicians and organizational leaders alike. Due to the rapid changes in globalization and technological trends, there has also been an increase in the need and attempt of companies to place more efforts in retaining a strong workforce while addressing the complex demands and preferences of their customers (Nielsen, Randall, Yarker, and Brenner, 2008). Because of these concerns, organizations have identified the need to effectively implement leadership, especially as it has been frequently linked to favorable outcomes such as an increase in performance, effectiveness, and commitment as well as improved organizational success. Hence, effective leadership becomes a crucial necessity for any company. Innovation and creativity alone may not be sufficient enough to address both internal and external pressures while the implementation of various policies and practices do not always necessarily take effect unless effective leaders are made. Leaders must possess the values and objectives that are necessary to instigate any needed change while retaining an empowered workforce to help achieve success (Jung and Sosik, 2002). The vision that they establish and the values that they live out and demonstrate to their followers plays a relevant role when such leaders make decisions that will impact the entire organization. Majority of leadership studies have indicated that transformational leadership can be the most effective form of leadership to bring about change in any group of individuals by positively inspiring these people to create the necessary change for their success (Conger, 1999). Leaders who take the transformational approach are generally capable of motivating their followers to embrace such changes, improve their performance, and be prepared to open up to new practices, all for the better of the organization (Avolio, Zhu, Kho, and Bhatia, 2004). Company Background and Description of the Crisis Sam Walton founded Wal-Mart Stores Inc. in 1962, with its first headquarters located in Bentonville, Arkansas. It was first known across the United States as the “largest grocery retailer” and has actually expanded to include a total of 8,500 in 15 countries, with the stores taking a different name. For instance, in the United Kingdom, the stores are known as Asda, while in Mexico, some stores are known as Walmex, while India has taken to the name Best Price (Buerkle, 1999). Among the crises plaguing Wal-Mart include a negative image with regards to how it pays its workers. According to an article published in Bloomberg Businessweek, Wal-Mart has been struggling to improve its reputation because of the low wages it has been known to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Importance of Transformational Leadership During a Company Crisis Research Paper”, n.d.)
Retrieved from
(The Importance of Transformational Leadership During a Company Crisis Research Paper)
“The Importance of Transformational Leadership During a Company Crisis Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Issues of Transformational Leadership in the Organization
...of emotional intelligence production in others. This is why transformational leadership is important in a diverse organization where multiple skills are required in order to find success. Employees and managers are expected to be adept in both their professional function and in more human behavioral-related elements in order to truly develop a collaborative team. A manager that utilizes control methodologies will gain commitment through fear or anxiety production over job security, but will lack interpersonal skills development and other important social skills. The transformational leader takes the role of social moderator seriously, models these behaviors, and...
20 Pages(5000 words)Research Paper
Ethical values of transactional and transformational leaders the ideologies and the hopes of followers, charismatic leaders may be most noticeable during a crisis, but in order to truly transform followers' needs and values, a leader needs to be more than just charismatic (Carlson & Perrewe, 1995). Sankar (2003) warns that charismatic leaders can emerge from narcissistic personalities, focused on personal gain and making themselves the center of attention, while the transformational leader will accentuate more on mission or vision. Without a higher calling, charisma is little more than a false sensation. Burns (2003) goes so far to warn that "pure" charismatic leadership may be, at best, undemocratic, and at worst, may...
12 Pages(3000 words)Research Paper
Transformational Leadership
.... (2009) Cutting-Edge Leadership; Are You a Transformational Leader? Psychology Today, Sussex Publishers, LLC. Web. 20 February 2012. Cox, Richard (2007) The Transformational Leadership Report. PDF. 20 February 2012. df Bass, Bernard M. (2009). From Transactional to Transformational Leadership: Learning to Share the Vision. Organizational Dynamics, Elsevier Science Publishing Company, Inc. Pg 19-31. PDF. Transformational...
3 Pages(750 words)Research Paper
Transformational Leadership According to Bennis and Nanus
...which are congruent to these skills (Nazari & Emami, 2012). Furthermore, transformational leaders tolerate failure because they appreciate the fact that achievement is attained through tying (Grant, 2012). As a result of this, employees are encouraged to try new ways of doing things and thus become creative and innovative. The creativity which transformational leaders promote among employees in return causes positive change within the organization. Key Points on Transformational Leadership Through their research, Bennis and Nanus put emphasis on key leadership qualities which characterize transformational leaders as champions of change. It is,...
7 Pages(1750 words)Research Paper
Practical 'learning and development event' for a local UAE company in need of a leadership capacity development training
...Development (HRD) Consulting firm. The objective of the paper has been to identify the training needs in accordance with the leadership capacity of EITC. During the observation, it was noted that the workforces of EITC comprise a diverse culture with a major inclusion of authoritative leadership style which implies that the managers follow a commanding portfolio. It is also observed that the managers follow a centralized form for managing the activities of the company. The HRD department of the company is also observed to be lacking in managing the diverse workforces in this changing and highly competitive business environment. It is owing to this reason that the...
20 Pages(5000 words)Research Paper
Transformational Leadership style
...and passionate person who can influence the followers to change their perceptions, expectations and ultimately motivate them to work towards a common goal. This article analyses some of the transformational leadership styles evident in Starbucks’ CEO Howard Schultz. Schultz has learnt the art of transformational leadership which has really steered his business to a higher level in the recent past. According to Schultz, leadership is more than just winning or becoming triumphant but it is a continuation process which involves a number of people working towards achieving a common goal. He thinks that celebrating everyone in a company is a vital...
3 Pages(750 words)Research Paper
Charismatic and Transformational Leadership
...Charismatic and Transformational Leadership School Charismatic and Transformational Leadership A skilled influential leader is one of the most fundamental pre-requisites of success for any organization in the present age. Leaders assume the responsibility of not only motivating the followers, but also of structuring the organization in a way that is conducive for the achievement of the organizational goals. Leaders represent the organizational culture and assume immense potential to increase the productivity of the followers with implementing the right strategies and plans. Charismatic and transformational leadership are two of the most fundamental types of leadership. This paper discusses the charismatic and transformational leadership... in which...
4 Pages(1000 words)Research Paper
Transformational Leadership
...Transformational Leadership Style in Nursing and Health Care al Affiliation Transformational Leadership Style in Nursing and Health Care Leaders in contemporary work settings exhibit diverse leadership styles. Leadership theories have evolved through time and manifest discovery of new concepts that affect and influence disparities in application. In the health care setting, the role and responsibilities of leader face greater challenges in the light of changing demands of the health environment. As such, leaders apply different leadership styles to match the situation; as well as to address factors that affect the followers that they govern. The current discourse aims to select a leadership style, the application, and the use of that style... in...
6 Pages(1500 words)Research Paper
Transformational Leadership
...the responsibility of identifying the causes of slow and adopt a transformational leadership strategy to limit the adversities associated with slow death. One of the elements of transformational leadership is individualized consideration. A transformative leader attends to the needs of his followers in the organization. Through adopting a transformative leadership, leaders in the institution will give empathy and support, keep communication open and place beneficial challenges before the followers. During the process of extensive communication, institutional leaders will have the opportunity to identify possible...
3 Pages(750 words)Research Paper
Transformational Leadership
10 Pages(2500 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic The Importance of Transformational Leadership During a Company Crisis for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us