There are some disadvantages to the transactional leadership style, however. This style is often considered to be inferior in times of crisis when strong transformation of the business is required. Should FedEx's core business move beyond the "cash cow" stage of maturity, the company may lack the vision to radically transform itself (for example, if jet fuel costs become too high to offer overnight courier service profitably). The company has succeeded thus far with its leadership style in part because it has had the same leader for its entire history -- the ability of FedEx to develop transformational leaders has not yet been tested. In addition, the company has been able to utilize their current business model profitably since the years following its inception, and there has been no crisis that threatened this cash flow significantly.
That said, FedEx does have within its leadership style the ability to make changes quickly. With a single transformational leader at the top of the organizational chart, FedEx can quickly disseminate changes throughout the organization via its thousands of strong military-style leaders. This may help the company to transform itself in a reactionary manner, but does not address the ability of the company to transform itself in a proactive manner. Transformational leadership can sometimes fall into the trap of only reacting to the need to change, rather than anticipating it (no author, 2010).
One of the difficulties that has emerged with respect to the FedEx leadership style is the ability of management to integrate its style with the leadership styles at other firms. For example when FedEx took over Kinko's there were significant differences between the two firms with respect to organizational culture. This made the integration of Kinko's into FedEx difficult from a leadership perspective, and the move eventually was made to bring Kinko's entirely into the FedEx fold as FedEx Office, moving out the former Kinko's leadership and restructuring the...
Leadership Styles Among Male and Female Principal It is the intention of this research to study the leadership and cognitive styles of teachers and instructors of both genders within the educational system and their preference for types of leadership in a principal of that institution. The research will include teachers and educators from all levels of the educational system from grade school to high school. The study will also include teachers and
Business (general) Please list sections according to instructions Exercise 1.1: Review of Research Study and Consideration of Ethical Guidelines Option 1: Stanford Prison Experiment Go to: http://www.prisonexp.org, the official site for the Stanford Prison Experiment. What do you think the research questions were in this study? List 2 or 3 possible research questions (in question format) that may have been the focus of this experiment. What happens when you put good people in an evil place?
Another key component to the culture at FedEx is the leadership style, especially of founder Fred Smith. An ex-military man, Smith adopted a leadership style heavily influenced by military values. There was no model for overnight delivery, and to launch one required several things, all of which were influenced by Smith's values and leadership style (p.128). One was complete dedication to the company. Smith used all of his money to
Sarbanes-Oxley Act While most Americans know the names Enron and Worldcom, fewer know the term Sarbanes-Oxley Act; however, despite the alarming impact of the two business disasters, the potential impact of Sarbanes-Oxley stands to exceed the impact of those two bankruptcies many times over. While Enron and Worldcom each held a claim to 'biggest' or 'most' in some aspect of global business and also in various aspects of global business disaster,
problem-solving model in suggesting ways towards solving marketing problem of Classic Airline. It takes into account the internal and external pressures that contribute to the current crisis at Classic Airline, the current objective of implementing strategic marketing plan of solving solution. In addition, potential issues in implementation potential issues are as well considered in insuring impact of the plan. The analysis also touches on the fact that implementation of
Corporate communications involves not just the message, but the idea that communications are managed, and are connected to corporate objectives (Cornelissen, 2004). Therefore, when communication possibilities were limited, corporate options were limited, and one did not see communications management perspectives that advocated the type of intimate connection between communications and corporate strategy that one sees in a modern context (Cornelissen, 2004). What this makes clear is that CC is
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