Verus Insurance Company: Case Study

Leadership assessment Leadership is a very critical aspect of any business. The current technologically connected world is characterized by a fast moving environment where borders are opened to global trade, consequently putting organizations in constant struggle to gain a competitive advantage over their business rivals. Actually, as Quiros (2014) states, for a company to survive, it requires an outstanding leader who knows the ins and outs of this environment. This paper hereby celebrates one Mr. Matthew Spencer, the Chief Executive Officer of Verus Insurance Company. Mr. Spencer is an outstanding business manager and leader who have been widely credited for being the main force behind Verus’ remarkable growth and achievements in recent years. Under his guidance, Verus has recent to prominence and is currently among the biggest players in the insurance industry.
Mr. Spencer’s leadership style In the current highly competitive environment, Fikru (2014) states that the most precious quality a leader can possess is the ability to build a team of a bunch of workers. This is among one of the numerous values that have
As evident from Spencer’s case, this leadership model empowers business leaders to not only inspire their employees but also guide the company towards its vision and goals. According to Fikru (2014) for instance, being close to junior employees has made Spencer a good communicator who understands the business from different perspectives. Putting trust in people creates value for them and they become more free and willing to contribute, in their own small capacities towards realization of the company’s objectives (Longenecker, 2014). Apparently, meeting corporate goals greatly depends on how well a leader tells his juniors where they are going, why they are going and how they are going to get there, a skill that Spencer has perfected over