Transformational Leadership Essay

1613 words - 6 pages

Transformational Leadership

There are several reasons why companies become public entities such as growth financing (Working capital for growth, physical expansion), acquisition financing (Equity, stock swaps and debts), turnarounds, management and employees buyouts and Internet financing among others. There are three key concepts that will be identified and evaluated such as Organizational culture, organizational culture and ethics and group and team formation, in contrast with comparing the following companies: UPS and Goldman Sachs.
Organizational culture can be defined as the basic pattern of shared assumptions, values, and beliefs considered to be the correct way of thinking about and acting on problems and opportunities facing the organization. It defines what is important and unimportant in the company (McShane & Von Glinow, 2005, p. 25). Organizational culture covers elements like beliefs, values and assumptions and these elements make companies different from each other.
At Gene One, the CEO and his board believe that in order to keep pace with demand and realize conservative annual growth targets of 40%, Gene One is going to have to go public within the next three years. The CEO and his board have devised a clear strategy with the help of key members in the investment community. It is their hope that implementing it will help Gene One realize its growth targets, establish the company as a strong competitor and show Wall Street that Gene One has the leadership and organizational capabilities to succeed as a public entity. As an example, this e-mail to the Senior Leadership from Don Ruiz, CEO, “I just returned from a Board meeting, and you’ll all be pleased to know that we’ve gotten the go-ahead we need to proceed with the IPO. The Board agreed with us on all counts -the three-year timetable, the 40% growth targets and the needs to raise capital and develop new products.
In compare, United Parcel Services (UPS), the world's largest package delivery company and one of the biggest privately held U.S. corporations, plans to sell stock to the public for the first time in its 92-year history and then use the shares to buy businesses and keep growing. UPS intends to sell 10 % of its shares by year's end, something that could raise about $2.5 billion, making it one of the largest initial public offerings (IPO) of stock in history. However, executives said they are not as interested in raising money for a company that already has nearly $25 billion a year in revenue as they are in having publicly traded stock that they can exchange in acquisitions as they expand worldwide (Daily News, p. B1)
"We carefully considered the challenges and opportunities of the changing marketplace for the future of our business," said James P. Kelly, the chairman and chief executive of UPS about the plan "We firmly believe that this plan positions UPS for continued leadership in an increasingly competitive world." These comments show how UPS care about their...

Find Another Essay On Transformational Leadership

Transformational leadership for change Essay

703 words - 3 pages Transformational leadership is an important contemporary theory of leadership. Its one leadership style consistent with successful organizational change management.Burns argued that all leadership behavior is either transactional or transformational. Transactional behaviors are "largely oriented toward accomplishing the tasks at hand and at maintaining good relations with those working with the leader [exchanging promises of rewards for

Transformational versus Transactional Leadership Essay

740 words - 3 pages the satisfaction of consumers (Aarons, 2006, p. 1163). It is evident that there is a difference between transformational and transactional leadership. The two forms of leaderships are seen to have a diverse relation to cultural and organizational boundaries studied in a number of research cases (Aarons, 2006, p. 1163). There are cases where leaders use both forms of leadership to enhance the output of their commitment to the organizations. This

Nursing: Transformational Leadership

1362 words - 5 pages the patient had, and it is a major event in the patient’s life. After the surgery, they are often placed in the ICU to recover so that their heart, lungs are oxygenating and pumping effectively. I think that it was an essential to communicate everything with the patient before and after the surgery. The type of leadership management that I would use would be transformational leadership style. Transformational leadership motivates and empowers

Transactional vs. Transformational Leadership

3160 words - 13 pages Article Summary In the above article it discusses the transformational leadership style of Howard Schultz and it’s a effectiveness, we also see a comparison between transactional leadership and transformational leadership. Howard Schultz’s leadership style forces him to be more of a motivation towards his employee’s and also makes him take up a more proactive

Transformational Leadership at Toyota

558 words - 2 pages Chrysler. Most of Toyota's success comes from its excellent quality reputation as well as its efficient management and operational system named Toyota Production System (TPS). This TPS started being developed since its foundation in the 1920's, and has its roots with its founders, the Toyoda Family.One remarkable thing about this leadership example, is its exemplar consistency of transformational leadership and philosophy to do things with

Effects of Transformational Leadership

1437 words - 6 pages transformational leadership behavior displayed are inspirational motivation, idealized influence, individualized consideration and intellectual stimulation. Inspirational motivation is when you your vision of the future attractive to those that you are presenting it to. They are emotionally involved and really want whatever it is to succeed (Bellé, 2014). Lynn Tilton uses inspirational motivation because she lays out the vision of the firm and really tries

Servant Leadership versus Transformational Leadership

1157 words - 5 pages Servant Leadership as it compares to Transformational Leadership Transformational and servant leadership are rooted in the study of charismatic leadership. An early conceptual model of "charismatic leadership" has been closely linked with the work of Max Weber, who described the leader as a charismatic person who exercised power through followers' identification with and belief in the leader's personality. Both transformational and servant

The Immersion of Transformational Leadership

3730 words - 15 pages Introduction Leadership has evolved dramatically over the one hundred years. From its early stages of endowed personality characteristics, leadership has evolved to a more dynamic and fluid process that surrounds itself in a more inclusive environment. While many leadership theories compare and contrast one another, the immersion of transformational leadership has truly projected the thinking of leadership into a new form of logic and context

An Example of Transformational Leadership

1382 words - 6 pages leadership style that best describes Connie Clerici is the transformational leadership theory. I believe that Connie Clerici is a transformational leader because she inspires and motivates others to want to improve the healthcare system (Cavanaugh, 2012; Sullivan, 2012). Clerici has also worked very hard to build her credibility through creating relationships. These relationships took a long time to develop because Clerici had to gain trust from

Diversity in Western vs Eastern Transformational Leadership

1617 words - 6 pages B.M. Bass developed a study in 1985 on leadership in the western world which focused on western leaders and how they influenced their subordinates. What he found was that leaders across organizations shared similar attributes. He referred to this style as “transformational leadership”. Through this style, leaders “inspire followers to transcend self-interest for the good of the organization and can have an extraordinary effect on their followers

Transformational Leadership in School Learning Environments

1672 words - 7 pages perception of the principal has changed too, from that of manager to leader, implementer of these changes. Three schools of leadership have evolved because of the development of leadership, the first being transformational leadership and the other transactional leadership. According to research undertaken by Leithwood in the early 1990’s teachers are more receptive and see that transformational leadership serves to support educational change and

Similar Essays

Transformational Leadership Essay

1815 words - 7 pages Transformational Leadership Tom Rath explains in his book, StrenghtsFinder 2.0 (2007), that identifying and capitalizing on one’s strengths makes for a more fulfilled and effective employee, further benefitting the employing organization. Rath states that when in a position not utilizing our strengths, we are six times more likely to be disengaged in our work. Studies show that this disengagement or dissatisfaction carries over into our

Transformational Leadership Training Essay

1090 words - 4 pages “Transformational leadership is a newer leadership approach which creates valuable and positive change in their followers. Transformational leadership enhances motivation, morale, and performance as well as stimulates and inspires followers to achieve extraordinary outcomes and in the process develop their own leadership capacity. Transformational leaders also focus on “transforming” others to help each other, to look out for

Transformational & Transactional Leadership Essay

925 words - 4 pages Introduction Over the past twenty years, an abundant body of researches have been done to review transformational leadership and transactional leadership. Burn (1978) was the first person to introduce and conceptualize the concept of transformational leadership and transactional leadership. Bass (1985) based on Burn’s concept and deepen his notion with modifications, which stated that one of the best frameworks of leadership is

Transformational Vs. Transactional Leadership Essay

1947 words - 8 pages Introduction Over the past twenty years, an abundant body of researches have been done to review transformational leadership and transactional leadership. Burn (1978) was the first person to introduce and conceptualize the concept of transformational leadership and transactional leadership. Bass (1985) based on Burn’s concept and deepened his notion with modifications, which stated that one of the best frameworks of leadership is