Discuss the CEO of Macy’s, Terry Lundgren and address the following:
Define his/her style (selecting from the styles discussed in this week’s textbook reading) and its identifying characteristics.
Offer actual support/evidence in the form of a quote from someone else or a newspaper or magazine article about the leader of your company. This information to confirm the style needs to be tangible evidence from a recently published (2010/2011) source and not the company’s own website.
Leadership styles are:
Autocratic leadership – leaders make decisions on their own without consulting with employees.
Democratic leadership – involves subordinates in making decisions. Delegate assignments, ask employees for suggestions, and encourage participation.
Empowerment – managers lead employees by sharing power, responsibility, and decision making with them.
Free-rein leadership – minimal supervision, leave most decisions to their subordinates.