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[example needed] Aims of stakeholder engagement include: [14] Communicate: to ensure intended message is understood and the desired response achieved. Consult, early and often, to obtain useful information and ideas, ask questions. Remember, they are human: be empathetic, operate with an awareness of human feelings.
Leaders face the continuing challenge of how they can meet the expectations of those who placed them there. Addressing these expectations usually takes the form of strategic decisions and actions. For a strategy to succeed, the leader must be able to adjust it as conditions require.
The transformational approach is based on the leader’s personality, traits, and ability to make change through example. Transformational leaders articulate an energizing vision and challenging goals. They are idealized because they are moral exemplars of working toward the benefit of the team, organization, and community.
Exploratory and value-added innovation require different leadership styles and behaviors to succeed. [14] Value-added innovation (PwC, 2010) involves refining and revising an existing product or service and typically requires minimal risk taking (compared to exploratory innovation, which often involves taking a large risk); in this case, it is most appropriate for a leader for innovation to ...
Research has found that this leadership style is one of the most effective and creates higher productivity, better contributions from group members, and increased group morale. Democratic leadership can lead to better ideas and more creative solutions to problems because group members are encouraged to share their thoughts and ideas.
Image source: The Motley Fool. Verizon Communications (NYSE: VZ) Q4 2024 Earnings Call Jan 24, 2025, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Reviews of research on these dimensions are described in Stogdill's Handbook of leadership: A survey of theory and research and Littrell's Explicit leader behaviour. According to the findings of these studies, leaders exhibit two types of behaviors to facilitate goal accomplishment: People-oriented (consideration) Task oriented (initiating ...
Image source: The Motley Fool. Alaska Air Group (NYSE: ALK) Q4 2024 Earnings Call Jan 23, 2025, 11:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
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