Explain servant leadership.
What will be an ideal response?
Answers will vary. Robert Greenleaf, director of management research at AT&T for many years, believed that leaders should serve employees, customers, and the community, and his essays are the basis for today's view of servant leadership. His personal and professional philosophy was that leaders lead by serving others. Other tenets of servant leadership are that work exists for the person as much as the person exists for work and that servant leaders try to find out the will of the group and lead based on that. Servant leadership leads to higher team performance and increased organizational citizenship behaviors in an organization. Servant leaders consider themselves stewards who regard leadership as a trust and desire to leave the organization in better shape for future generations. Although Greenleaf's writings were completed thirty years ago, many have now been published and are becoming more popular. Please see the section "Emerging Issues in Leadership" for more information.
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Unless specifically denied, each share of capital stock of a business corporation gives its owner the right to
a. manage the daily operations of the corporation. b. hire and fire employees. c. set company policy. d. share in the assets if the corporation liquidates.
Positive organizational behavior’s main focus is on ______.
A. fixing one’s weaknesses B. happiness as opposed to profits C. changing organizational culture D. nurturing one’s strengths
A corporation has 10,000 shares of 20%, $60 par cumulative preferred stock outstanding and 32,000 shares of no-par common stock outstanding. Preferred dividends of $22,000 are in arrears. At the end of the current year, the corporation declares a dividend of $236,000. What is the dividend per share for preferred stock and for common stock? (Round your answer to the nearest cent.)
A) The dividend per share is $6.00 for preferred stock and $13.57 per share for common stock. B) The dividend per share is $23.60 for preferred stock and $0 per share for common stock. C) The dividend per share is $14.20 for preferred stock and $2.94 per share for common stock. D) The dividend per share is $23.60 for preferred stock and $2.94 per share for common stock.
The evaluation stage of management process includes comparing actual with the established standards
Indicate whether the statement is true or false