The leadership theory
choose an actual situation in a company, sport, or personal situation where leadership has made the difference in the outcome of the case. What type of leadership theory may explain the situation you have depicted? Why? Describe the situation, the leadership theory you think applies and your argumentation of why
Sample Solution
The Situation
In 2008, Apple was facing a number of challenges. The company was struggling to compete with the rise of Android smartphones, and its stock price had fallen by 50%. Steve Jobs, the company's co-founder and CEO, had been diagnosed with pancreatic cancer and was on medical leave.
The Leadership
In Jobs' absence, Tim Cook took over as CEO. Cook was a longtime Apple executive who had a reputation for being detail-oriented and efficient. He quickly made a number of changes, including cutting costs and streamlining operations. He also focused on improving customer service and developing new products.
Full Answer Section
The Outcome Under Cook's leadership, Apple rebounded from its challenges. The company's stock price recovered, and it released a number of successful products, including the iPhone 4S and the iPad. In 2011, Jobs died, and Cook became the permanent CEO of Apple. The Leadership Theory The leadership theory that I think applies to this situation is transformational leadership. Transformational leaders are able to inspire and motivate their followers to achieve great things. They do this by providing a clear vision, setting high expectations, and empowering their followers to take risks. In this case, Cook provided a clear vision for Apple's future. He wanted to make Apple the best company in the world, and he was able to inspire his followers to believe in that vision. He also set high expectations for his team, and he empowered them to take risks and innovate. Argumentation I believe that transformational leadership was the key to Apple's success under Cook's leadership. Without his inspiring vision and motivating leadership style, it is unlikely that Apple would have been able to overcome its challenges and achieve such great success. Here are some specific examples of how Cook's leadership style helped Apple to succeed:- He created a culture of innovation by encouraging his employees to take risks and experiment.
- He focused on customer service, which helped Apple to differentiate itself from its competitors.
- He made sure that Apple was always ahead of the curve by investing heavily in research and development.