task 2the visionary leadersynopsiswhen frank coleman first began B u s i n e s s F i n a n c e

Task 1

1. If vision is so important, why do analysts and commentators sometimes criticize a new CEO’s emphasis on formulating a vision for a company that is struggling to survive? Discuss.
2. Do you think every organization needs a noble purpose in order to be successful over the long term? Discuss. Name one company that seems to reflect each category of noble purpose as defined in the chapter.
3. Some mortgage company leaders have said that providing subprime mortgages (earn a commission by making loans to people at high interest rates who may have difficulty making the payments) was based on the noble purpose of giving poor people a chance to participate in the American dream of home ownership. Discuss your opinion of this explanation.
4. Do you believe the Coronavirus pandemic will lead to any lasting changes in Organizations? What kinds of lasting changes do you envision?

Task 2

The Visionary Leader

Synopsis

When Frank Coleman first began his job as president of Hi-Tech Aerostructures, most managers and employees felt a surge of excitement. Hi-Tech Aerostructures is a 50-year-old, family-owned manufacturing company that produces parts for the aircraft industry. Coleman had a vision for transforming Hi-Tech into a world-class manufacturing facility. In addition to implementing cutting-edge technology, the vision included transforming the sleepy paternalistic culture to a more dynamic, adaptive one and empowering employees to take a more active, responsible role in the organization. Vice President David Deacon was on the transformation team. Coleman and Deacon crafted a vision statement. Coleman laid out broad ideas for the vision statement. When months later, the team submitted specific plans and goals, Coleman suggested revisions. Nearly a year later, the team waited for Coleman’s response to the revised proposal. Once again, Coleman suggested a different approach. Deacon felt that Coleman would lay out another vision and ask the team to start over.

Questions:

1. How effective would you rate Coleman as a visionary leader? Discuss.
2. Where would you place Coleman on the chart of types of leaders illustrated in Exhibit 13.1? Where would you place Deacon?
3. If you were Deacon, what would you do?

Culture Clash

Synopsis

The founder of a heavy-duty construction equipment manufacturing company died and his wife, Jane, became the CEO. In direct contrast to Jim’s style, Jane’s management style communicated respect and her vision of the company excited the employees. Two managers who were holdovers from her husband’s leadership did not fit into the company’s new culture. Their leadership-through-intimidation style caused problems in the corporate culture. Jane has to decide how to handle the situation.

Questions:

1. What options do you think Jane and her management team should consider with regard to these two long-time supervisors? Discuss the positives and negatives of each option.
2. Do you think it is appropriate for Jane to remove two long-time, high-performing managers in order to create a new culture for everyone else? Why? Consider the material in Exhibit 14.3 in your answer.
3. What do you recommend that Jane do? Explain why.

Refeerence

Daft, R. (2018). The Leadership Experience (7th ed.). Boston, MA: Cengage