L2-Case study - Seven top bosses.pdf - Can You Name...

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Can You Name America’s Seven Best Bosses? Butler C. (1994, November). The magnificent seven. Sales & Marketing Management, Performance Supplement, pp. 41 50. As adapted and cited by Avolio B and Bass B (2002). Developing Potential Across a Full Range of Leadership : Cases on Transactional and Transformational Leadership . Chapter 4 . Lawrence Erlbaum Associates. New Jersey. Mary Kay Ash, Chairman Emeritus of Mary Kay Cosmetics, focuses her efforts on praising her employees. Her organization has become a Fortune 500 company, and her secret is her active attention and recognition of her employees. Jack Stack, President and CEO of Springfield Remanufacturing Corporation, focuses on empowering employees. He encourages employees to question the way things are done and how projects are financed. By asking questions and exploring the company‟s financial information, employees have an opportunity to increase the efficiency of the organization and hence the profit. Lawrence Bossidy is CEO of AlliedSignal. Along with his strategic business moves to sell off or consolidate several divisions, Bossidy also invested a great deal of time and money into his work force. He implemented education and career planning strategies for his employees, and made an effort to reward those who were willing to make a commitment, show passion, and take ownership. The employees responded extraordinarily well to his efforts, as shown in subsequent organizational performance. Gun Denhart CEO of Hanna Andersson, determines what her employees want and need and provides it in order to motivate them to perform. Denhart also tries to minimize obstacles, both personal and professional, for example, Hanna Andersson pays for of its employees‟ child -care costs. Bernard Marcus, Chairman and CEO of Home Depot, requires a lot of his employees. In return, he offers many incentives. Employees can purchase company stock 15% below market price, wages are 20% and 25°c above industry average, and employees receive full health and dental benefits. The company also offers training programs to its employees, and those employees have responded to the rewarding atmosphere. Arthur Dunn, Director of Supply Management for Motorola Information Systems Group, has been cited for “dealing with the empowerment of people, ac ting as a coach and mentor, and gaining goals through strategic planning. “ Dunn admits that he doesn‟t have the answers to every problem, but he is willing to work with people to achieve a resolution. John McQiddy, President of MCQ Associates, has a management style that is inviting and stylish and a bit old- fashioned. McQiddy wants to keep his people happy by making the firm a fun place to work. He empowers employees and is flexible with them. After talking with consultants, scanning newspapers and magazines, and surveying scores of employees, we‟ve determined our seven supreme managers. Some names you may recognize, others you definitely won‟t. Some are CEOs of billion -dollar corporations, others are small-company presidents and mid-level managers. Some push their employees, some prod. Some are natural-born
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  • Fall '15
  • Mary Kay, Mary Kay Ash, Lawrence Bossidy

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