In 2011, following the earthquake and tsunami that resulted in the failure of the Fukushima Daiichi power
Question:
In 2011, following the earthquake and tsunami that resulted in the failure of the Fukushima Daiichi power plant, Masataka Shimizu, leader of the Japanese utility Tokyo Electric Power Company (TEPCO) that operated the plant, resigned. While he clearly had no direct role in the accident, he is reported as saying, “I take responsibility for this accident, which has undermined trust in nuclear safety and brought much grief and fear to society . . .” (Tabuchi, 2011). Contrast this with the behaviour of BP’s CEO Tony Hayward following the oil spill in the Gulf of Mexico in 2010, who eventually stepped down but only after resisting for some time and never fully accepting responsibility; or with Lloyd Blakfein of Goldman Sachs who did not feel the obligation to step down following the 2008 financial meltdown in the United States.
Analyze the case using GLOBE leadership dimensions theory!
Expert Answer:
Highlights from the GLOBE Projects Findings 1 Thirtyfive personal attributes of leaders are viewed in some societies as contributing to good leadership and in other societies as inhibiting good leader... View the full answer
