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Discuss the CEO of Macy’s, Terry Lundgren and address the following:

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.

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