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.
Nobody downloaded yet

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

Comments (0)
Summary
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 paper
GRAB THE BEST PAPER
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
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Issues of Transformational Leadership in the Organization
In today’s dynamic world of rapid change and increasing globalization, there should be a leadership format that is more streamlined and useful for all different types of organizations depending on their externalities or internal processes of managing people.
20 Pages(5000 words)Research Paper
Ethical values of transactional and transformational leaders
When a member of a group affects the motivation and abilities of other group members, then leadership is occurring (Bass, 1981). Burns (1978) further elaborates that leaders influence followers toward their own motives through conflict or competition, while both engaging and satisfying each follower's purpose or goals.
12 Pages(3000 words)Research Paper
Transformational Leadership
This paper examines the concept of transformational leadership. It begins by identifying the default position of leadership in organizations, which is transactional leadership. From that point, the paper goes on to evaluate the role of transformational leadership as an improvement and replacement of transactional leadership.
10 Pages(2500 words)Article
Transformational Leadership

The author provides an excellent fictional example of a Transformational leader as Sergeant Apone, better known simply as Sarge, from the film Aliens. He is the first one out of stasis with his feet on the floor, a stogie in his mouth, and a smile on his face, crowing, “All right, sweethearts, what are you waiting for?".

3 Pages(750 words)Research Paper
Transformational Leadership According to Bennis and Nanus
Transformational leadership is a leadership style or approach which basically motivates change within a group, organization, culture or the way of doing things for a common purpose of achieving goals with effectiveness (Nazari & Emami, 2012). Many views have been postulated by researchers on what transformational leadership is, what the characteristics of a transformational leader are, and on the effectiveness of this leadership trait within an organization.
7 Pages(1750 words)Research Paper
Practical 'learning and development event' for a local UAE company in need of a leadership capacity development training
The leaders of UAE companies are observed to be following both traditional as well as modern leadership styles with the intention to increase their overall organizational productivity and sustainability. This paper intends to assess the working environment of Emirates Integrated Telecommunications Company (EITC) from the viewpoint of an external Human Resource Development (HRD) Consulting firm.
20 Pages(5000 words)Research Paper
Transformational Leadership style
This kind of leaders is more concerned with the growth of the team. However, this kind of leadership is almost similar to the inspirational leadership in most elements. Participation and engagement of everyone in decision making is very crucial in retaining and attraction of great people4 in business (Ciulla 179-181).
3 Pages(750 words)Research Paper
Charismatic and Transformational Leadership
According to the report 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 and this paper discusses them.
4 Pages(1000 words)Research Paper
Transformational Leadership
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
6 Pages(1500 words)Research Paper
Transformational Leadership
Organizational leaders can actually avoid slow death and accept deep change if they are concerned with the sustainability of their organizations. Most workers become victims in organizations, both because of their choice and leaders’ laxity. People who are
3 Pages(750 words)Research Paper
Let us find you another Research Paper on topic The Importance of Transformational Leadership During a Company Crisis for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us