A group of workers and their supervisors were given a task of clearing a road through a
Question:
A group of workers and their supervisors were given a task of clearing a road through a dense jungle on a remote island to get to the coast where an estuary provided a perfect site for a port. The supervisors organised the labour into efficient units and monitored the distribution and use of capital assets – progress is excellent. The supervisors continued to monitor and evaluate progress, making adjustments along the way to ensure the progress is maintained and efficiency increased wherever possible. Then, one day amidst all the hustle and bustle, one person climbs up a nearby tree. The person surveys the scene from the top of the tree and shouts down to the assembled group below…WRONG WAY.
Questions
a) What led to the wrong way?
b) Using the facts of the story explain the difference between management and leadership.
Question 2
a) Identify and describe any 4 leadership theories that are widely used in an organisation.
b) Measure the impact of any 1 leadership theory that you identified above.
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin