2. Number of leaders from movies like Captain Queeg, Gordon Gekko, Daniel Dravot, Dorfman are all flawed leaders in some way or the other who are not considered most effective. I choose Gordon Gekko who is a flawed leader form the movie Wall Street to describe his “dark side” characteristics and show how he might fall into Kellerman’s types of bad leader, suffer from narcissistic tendencies, fall short of ethics etc. According to Kellerman’s type of bad leadership, a callous leader is uncaring, harsh and ignores the needs of the folowers and the organization. An insular leader disregards the welfare of the group. Gordon Gekko exhibits the same characteristics. He is portrayed as a very greedy person, least bothered about the many number of
The decades after the Civil War rapidly changed the face of the United States. The rapid industrialization of the nation changed us from generally agrarian to the top industrial power in the world. Business tycoons thrived during this time, forging great business empires with the use of trusts and pools. Farmers moved to the cities and into the factories, living off wages and changing the face of the workforce. This rapid industrialization created wide gaps in society, and the government, which had originally taken a hands off approach to business, was forced to step in.
The article, ‘Arrogance: A Formula for Leadership Failure’ written by Stanley Silverman shows how leaders who exhibited excessive pride all ended up failing (Silverman). Joe Cassano is the main example in the article. Cassano was a former leader at American International Group (AIG). He is ascribed by some as single-handedly establishing the collapse of AIG. Coworkers verbally expressed Cassano had fondness for yelling, imprecating, lamentable-mouthing others, and derogating colleagues, as well as minute tolerance for antagonistic viewpoints. Cassano’s behavior brought the entire company down. Regardless of the fact that it was the practices he endorsed that led AIG to be considered as one of the most eminent examples of superfluity associated with Wall Street, Cassano remained impenitent about his role and inculpated others for the tragedy. The article additionally points out arrogant comportment attributed with a range of individuals and organizational quandaries. Individuals who are arrogant make a stressful and unbearable environment for others, and end up having poor
In the novel “The Great Gatsby” the main character named Jay Gatsby a poor kid once, who change his genuine name to wind up another man “James Gatz—that was really, or at least legally, his name. He had changed it at the age of seventeen and at the specific moment that witnessed the beginning of his career” (Fitzgerald 104), Gatsby battled all his life to accomplish one objective, to finally be together with the love of his live Daisy Buchanan in his adventure he took troublesome decisions that impact his life and future with Daisy.
Simon Klinek discusses about how as well as why respectable leaders are leaders the reasons behind why they do what they do and the reactions these leader’s actions cause to those surrounding them. The fact in which a person becomes a leader is a matter of choice, and a willingness to put another person before one’s self the idea of getting the fall so that another is able to triumph and succeed. Simon utilizes ethos, pathos, and logos in an effective manner during his presentation examples are as follows.
Kellerman, B. (2004). Bad Leadership: What it is, How it Happens, Why it Matters. Boston, Massachusetts: Harvard Business Press.
As a result, Jeffers personified the negative characteristics of charismatic leaders, and he is the antithesis of the positive attributes. The public perception is Jeffers gregarious, when in fact, he was unresponsive to feedback and disregarded company policies these traits embody a charismatic leader (Spahr, 2016). Additionally, his leadership style is autocratic rather than democratic, and while in particular industries that approach may be advantageous that is not the case at Fortuga. Furthermore, he was chauvinistic resulting in the resignation of two out of his three female vice presidents. As a result, employee engagement was at an all-time low and staff talked to Fortuga’s biggest competitor about employment opportunities. These characteristics reinforce the discernment, in addition to this other traits, he is a narcissistic leader too. According to Maccoby (2000), the negative traits of a narcissistic leader include poor listening and lack of empathy. At the same time, these leaders exhibit superior vision and have an inordinate number of followers, including the board of directors and public.
Bernard Madoff had full control of the organizational leadership of Bernard Madoff Investments Securities LLC. Madoff used charisma to convince his friends, members of elite groups, and his employees to believe in him. He tricked his clients into believing that they were investing in something special. He would often turn potential investors down, which helped Bernard in targeting the investors with more money to invest. Bernard Madoff created a system which promised high returns in the short term and was nothing but the Ponzi scheme. The system’s idea relied on funds from the new investors to pay misrepresented and extremely high returns to existing investors. He was doing this for years; convincing wealthy individuals and charities to invest billions of dollars into his hedge fund. And they did so because of the extremely high returns, which were promised by Madoff’s firm. If anyone would have looked deeply into the structure of his firm, it would have definitely shown that something is wrong. This is because nobody can make such big money in the market, especially if no one else could at the time. How could one person, Madoff, hold all of his clients’ assets, price them, and manage them? It is clearly a conflict of interest. His company was showing high profits year after year; despite most of the companies in the market having losses. In fact, Bernard Madoff’s case is absolutely stunning when you consider the range and number of investors who got caught up in it.
The leadership is a result of a combination of traits, with special emphasis on the personal qualities of the leader, which he should possess certain personality traits that would be special facilitators in leadership performance. This theory shows that leaders are born as such, there is no likelihood of 'making' them later with personal development techniques.
Jordan Belfort is the notorious 1990’s stockbroker who saw himself earning fifty million dollars a year operating a penny stock boiler room from his Stratton Oakmont, Inc. brokerage firm. Corrupted by drugs, money, and sex he went from being an innocent twenty – two year old on the fringe of a new life to manipulating the system in his infamous “pump and dump” scheme. As a stock swindler, he would motivate his young brokers through insane presentations to rile them up as they defrauded investors with duplicitous stock sales. Toward the end of this debauchery tale he was convicted for securities fraud and money laundering for which he was sentenced to twenty – two months in prison as well as recompensing two – hundred million in restitution to any swindled stock buyers of his brokerage firm (A&E Networks Television). Though his lavish spending and berserk party lifestyle was consumed by excessive greed, he displayed both positive and negative aspects of business communications.
BUAD2172 Movie Reviews For each of the assigned movies, you will complete a Movie Review and turn it into GA View by the time designated in your Course Schedule. 1. Summary of the Movie. a. The movie Enron: The Smartest Guys In The Room is a documentary about how the seventh largest company went from $65M in assets to bankrupt in a month. The story generally focuses on the masterminds at the top that created this smoke show, knowing what they were doing was illegal and usually at the cost of the average American. They didn’t care because greed, arrogance, and pride fueled them. The main focus of this story is on Chairman and CEO Kenneth Lay and COO Jeff Skilling. The film shows video footage of these men on trial, secret footage of business
The Trait Theory points out that there is a certain type of person making a good leader, with the decisive factor being: having or not having distinctive qualities of being a leader. Despite that, being an effective leader can still be a challenge. External and internal influences impact the effectiveness of the program and must be considered in order to succeed. Which leads us to the Behavioural Theory, thinking of what a good leader actually does. Kurt Lewin developed three leadership types, such as the autocratic leader who is a maker, someone who makes decisions without consultation with others.
A single human being is so incomprehensibly complex that it is nearly impossible for two to be alike. Despite being so vastly different, certain qualities are shared among successful leaders. They share many characteristics that allow them to continue when others cannot, and there are quintessential qualities that help the most in making efficient individuals.
“Dark side” leadership can cause significant harm to the organization and its members, yet individuals with these tendencies still reach positions of power since dark side characteristics are hard to detect and easy to overlook. Dark side characteristics is describe as undesirable characteristics that affect the relationship between supervisors and followers and his or her success at creating a cohesive team (Hogan, Curphy & Hogan, 1994). They can include characteristics such as narcissism, Machiavellianism and psychopathy (Harms, Spain & Hannah, 2011), moderate and functional versions of personality disorders (Hogan & Hogan, 2001) or more exaggerated form of bright side traits (Kaiser, LeBreton, & Hogan, 2015). However, these features are
According to a report by ZenithOptimedia, people spend more than an average of 490 minutes of their day consuming some form of media or text (Karaian). In a society that’s driven primarily by the media, we as consumers have been constantly exposed, yet desensitized, to the various perspectives and theoretical frameworks that media has historically illustrated and produced. The most common concepts that are explored involve ideas of race, heteronormativity, whiteness and white privilege, female objectification, class identity, and gender. Each perception is complex and is seen differently in media depending on who you are and the way that you see the world through the lenses created by your own beliefs and culture.
“Judge et.al. found a strong relationship between the leadership and the big five traits because it appears that these personality traits are associated with being an effective leader. A Leader in one situation might not be a leader in another situation,