Costco Case Study
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Case Study on Leadership Strategies
by Lee Del Valle
Post University
Leadership & Management II Professor Andrew E. Honeycutt
Unit 5 Writing Assignment 2
February 10, 2012
Abstract
Flexible Leadership (FLT) is a theory that falls under the umbrella of strategic leadership, emphasizing the need for leaders to be flexible in their actions when influencing of the key determinants of financial performance. Flexible leaders are those who build on creating a cohesive environment through self-awareness by creating a set of guiding principles applied to their daily life as a leader (Kaiser 2008). Key themes in implementing FLT include the need to find appropriate balance for tradeoffs when adapting to changing situations in the company and finding value in the input of others along the way.(Reference missing)
FLT practitioners are ethical leaders who are guided by a strong core ideology (Yukl & Lepsinger 2002). This paper serves to define Flexible Leadership Theory, it’s main components and how it applies to Costco’ operations. Also provided is an overview of the role Costco’s CEO played in implementing FLT within the organization. Further provided is an analysis regarding the possibility of implementing FLT at Horizons’ and whether this theory is aplicable for usage by this company.
Flexible leadership theory (FLT) is based on core ideas taken from a variety of disciplines which include; leadership, human resource management, and strategic management. FLT has also encompasses ideology found prevalent in organization theory and organizational change management. Falling under the umbrella of strategic leadership; FLT emphasizes the need for influence over key determinants of financial performance such as efficiency, innovation, adaptation, and the need to properly manage human capital (Yukl & Lepsinger, 2004). Leaders who effectively employ
APA Formatting
[pic]
Case Study on Leadership Strategies
by Lee Del Valle
Post University
Leadership & Management II Professor Andrew E. Honeycutt
Unit 5 Writing Assignment 2
February 10, 2012
Abstract
Flexible Leadership (FLT) is a theory that falls under the umbrella of strategic leadership, emphasizing the need for leaders to be flexible in their actions when influencing of the key determinants of financial performance. Flexible leaders are those who build on creating a cohesive environment through self-awareness by creating a set of guiding principles applied to their daily life as a leader (Kaiser 2008). Key themes in implementing FLT include the need to find appropriate balance for tradeoffs when adapting to changing situations in the company and finding value in the input of others along the way.(Reference missing)
FLT practitioners are ethical leaders who are guided by a strong core ideology (Yukl & Lepsinger 2002). This paper serves to define Flexible Leadership Theory, it’s main components and how it applies to Costco’ operations. Also provided is an overview of the role Costco’s CEO played in implementing FLT within the organization. Further provided is an analysis regarding the possibility of implementing FLT at Horizons’ and whether this theory is aplicable for usage by this company.
Flexible leadership theory (FLT) is based on core ideas taken from a variety of disciplines which include; leadership, human resource management, and strategic management. FLT has also encompasses ideology found prevalent in organization theory and organizational change management. Falling under the umbrella of strategic leadership; FLT emphasizes the need for influence over key determinants of financial performance such as efficiency, innovation, adaptation, and the need to properly manage human capital (Yukl & Lepsinger, 2004). Leaders who effectively employ
References: Chu J. (Nov 2008). Thinking Outside The Big Box. Fast Company. Retrieved from Ebsco Host. Kaiser R. (April, 2008). The Importance, Assessment, and Development of Flexible Leadership. Industrial-Prganizationa Psychology Retrieved from https://docs.google.com/viewer?a=v&q=cache:0ZB72AcLc6kJ:www.kaplandevries.com/images/uploads/Importance_of_FL_SIOP08Yukl.pdf+Flexible+Leadership+Theory&hl=en&gl=us&pid=bl&srcid=ADGEESiDSwYcHX-gcBwH_QGKITxVgh5HmHfX5IYnSzMaRPH0DDnOa5andwhqokJYcLSRMmJ1-IUf0ZB9VPF0ib9x-tJseuG8kScir9-yK0zgNN073O-nAtAGysTtLJGXIQ6ua_aOYoBD&sig=AHIEtbSSYOS_2NUNfqEvlRN645WEJjSX2w Nalevanko C. April 29, 2011. Flexible Leader Theory & Firm Performance. Retrieved from http://managementink.wordpress.com/2011/04/29/flexible-leader-theory-firm-performance/ Sousa L. (Oct. 28, 2011) Flexible Leadership – Self Knowledge, Guiding Principles and Flexible Approaches. Enterprise Architecture in Higher Education. Retrieved from http://leodesousa.ca/2011/10/flexible-leadership-%E2%80%93-self-knowledge-guiding-principles-and-flexible-approaches/ Yukl, G. & Lepsinger, R. (2002) Why Flexible Adaptive Leadership is Essential for Organizational Effectiveness. University at Albany (SUNY) Yukl G., & Lepsinger R. (2004). Flexible Leadership Creating Value by balancing multiple challenges and choices. Organizational Dynamics. San Francisco, CA. Josey-Bass. Yukl, G., & Lepsinger, R. (2005). Why integrating the leading and managing roles is essential for organizational effectiveness. Organizational Dynamics. San Francisco, CA. Josey-Bass Yukl, G., (2010) Leadership in Organization. Pearson; Upper Saddle River, NJ. Retrieved from http://www.post.edu[pic][pic]