Scribd Logo
Upload

Welcome to Scribd!

  • Sim 4 Final

    Uploaded by

    api-681970930
    10 views2 pages
    The team did well overall with customer, employee, and shareholder satisfaction above 80% for the first two and 47% for shareholders. While communication between group members was sometimes difficult, the team was very conscious of the budget and ended with $46 million in reserves compared to negative $10 million last time. All teammates agreed to focus on the budget and spend the least amount possible. Having shared goals and agreement among the team was critical to the success. The leadership style that best fits this scenario is transformational leadership, as the team motivated each other to strive beyond expectations and work toward a shared vision of success.

    Original Description:

    Original Title

    sim 4 final

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The team did well overall with customer, employee, and shareholder satisfaction above 80% for the first two and 47% for shareholders. While communication between group members was sometimes difficult, the team was very conscious of the budget and ended with $46 million in reserves compared to negative $10 million last time. All teammates agreed to focus on the budget and spend the least amount possible. Having shared goals and agreement among the team was critical to the success. The leadership style that best fits this scenario is transformational leadership, as the team motivated each other to strive beyond expectations and work toward a shared vision of success.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views2 pages

    Sim 4 Final

    Uploaded by

    api-681970930
    The team did well overall with customer, employee, and shareholder satisfaction above 80% for the first two and 47% for shareholders. While communication between group members was sometimes difficult, the team was very conscious of the budget and ended with $46 million in reserves compared to negative $10 million last time. All teammates agreed to focus on the budget and spend the least amount possible. Having shared goals and agreement among the team was critical to the success. The leadership style that best fits this scenario is transformational leadership, as the team motivated each other to strive beyond expectations and work toward a shared vision of success.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Andrew Black

    Scenario Final

    1. Report the metrics (Customer, Employee and Shareholder satisfaction


    percentages). How did your team do? What could have been done better? Explain
    in no less than 40 words. (5 pts)

    Customer: 81% Employee: 81% Shareholder: 47%

    In my opinion, I think the team did well because we took a different stance; this
    time around we were very conscious of the budget. We ended up having a cash
    reserve of about 46 million! I think this is amazing because on the last scenario
    we were negative ten million. I think we could have done better by having better
    group communication. A few times it was hard to contact the other group
    members.

    2. How did your individual decisions compare to those of your teammates? Did you
    agree/disagree? Explain in no less than 40 words. (4 pts)

    Well, my teammates and I all chose to be conscious of the budget, therefore


    through each simulation we picked then least amount of money to spend. I am
    extremely glad we could collectively agree on saving some capital! Also, it made
    me think how important it is to have a team that has the same goals as the
    leader. It is critical to have a common agreement.

    3. Think  discussions you had with your team on the crisis, and the team's
    decisions. Which theory or theories in the textbook (in Chapters  1-5, 9, 16) you
    have studied so far are applicable to this crisis? Explain (40 words minimum - 5
    pts)

    I would say that we used a transformational method of leadership. We all want to better
    each other and motivate one another in order to have complete success. Also, the team
    used a high level of morale and positivity which further excelled our success. “A
    transformational leadership style inspires employees to strive beyond required
    expectations to work toward a shared vision, whereas transactional leadership focuses
    more on extrinsic motivation for the performance of specific job tasks. Learning to
    balance these styles can help leaders reach their full potential.” (UMASS,1)

    Answer the following question based on the leadership style report you received after
    you answer all 7 leadership challenge questions in this crisis (26 questions overall):
    4. What is your demonstrated leadership style in this week’s game? Have you used
    this style in your personal life or in your job as a leader? Give an example. (75
    words minimum -6 pts)

    Fortunately, my demonstrated leadership style for this week was a transactional leader .
    I was happy with this because I believe I lead a very constructive team and I focused on
    clear goals (keeping an eye on the budget). I was very straightforward about keeping the
    budget tight and I adequately always communicated with my teammates. My secondary
    type of leadership was Authentic. I really liked this because an Authentic leader is a
    genuine leader; someone who the team looks up to and can trust!
    Thank you for a great class!!!:)

    https://www.umassglobal.edu/news-and-events/blog/what-is-transformational-
    leadership

    You might also like