Meg whitman transactional leadership. Meg Whitman's Transaction Leadership 2022-10-16
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Meg Whitman is a business executive known for her use of transactional leadership, which is a leadership style that focuses on the exchange of rewards for performance. This style is characterized by the clear setting of expectations, the setting of specific goals, and the reward or punishment of employees based on their ability to meet those goals.
Whitman is perhaps best known for her tenure as the CEO of eBay, where she was credited with turning the company around and turning it into a major player in the online retail space. During her time at eBay, Whitman implemented a number of changes to the company's business model and operations, including the introduction of fixed-price listings and the expansion of the company's global presence.
One key aspect of Whitman's leadership style at eBay was her focus on setting clear goals and expectations for employees. She believed that by setting clear targets, employees would be more motivated to work towards achieving them. To help ensure that employees were meeting these expectations, Whitman also introduced a system of rewards and punishments, with rewards given to those who met or exceeded their goals and punishments given to those who fell short.
In addition to her focus on goal-setting and rewards, Whitman also placed a strong emphasis on accountability and performance management at eBay. She believed that by holding employees accountable for their work and regularly evaluating their performance, the company could better identify areas for improvement and help employees reach their full potential.
Overall, Meg Whitman's use of transactional leadership at eBay was effective in helping to turn the company around and drive its growth. By setting clear goals, establishing a system of rewards and punishments, and holding employees accountable for their performance, Whitman was able to motivate and engage her team, leading to significant success for the company.
Meg whitman transactional leadership Free Essays
This is where she learned the very valuable listen that customers come first. In addition to her outstanding skills as a business leader, Meg has been a passionate philanthropist, and is currently Chairman of the Board of Advisors at Teach for America and serves on the board of directors of Scholastic Corporation. Her approach to management has won her accolades from all over. In general a leader is a person that has the skills to manage individuals and get these individuals to follow him or her. Meg listens for the purpose of learning to put together the right questions.
Words: 1991 Length: 7 Pages Topic: Leadership Paper : 36472981 Meg Whitman and Managerial Style Meg Whitman is the head of one of the most successful companies of the Internet era, the online auction site eBay. In this text, I concern myself with the leadership style of Meg Whitman -- the CEO of HP. Among the key ways in which she is able to use transactional leadership qualities is by helping people understand how their own and the company's goals overlap. The secret weapon for eBay is to continuously, expand the marketplace and services to communities around the world, not just the U. Leaders in an established industry require qualities that are related to making well informed and conservative decisions based upon the rational decision making process.
Exhibit active management by exception: Transactional leaders actively monitor the work performed by their subordinates. Three strategies were identified: 1. Meg Whitman is a woman of vision, confidence and determination. In the course of executing her duties, Meg is very committed towards transforming a particular situation in order to attain the desired outcome. Idealized influence — transformational leaders exhibit the behaviors for which employees are to strive.
Meg demonstrated her ability to be trusted when one of her employees took ill on a business trip; she left the company jet for him to get back home while she and the other employees took a commercial flight after they completed their business travels. Her individualized consideration characteristic has led to development of a strong relationship with the lower level employees hence contributing to develop of a high level of organizational identity. She led many acquisitions to bring in businesses such as PayPal, Skype, Shopping. New York: Pitman Pub. She fits the post given her peculiar strengths.
These leadership components are unique to each individual and how each individual presents his or her self. The work environment is casual but the operation is corporate and executives function like brand manager; instead of products, they handle data. The leader has a long-range perspective. In addition, customers are also stimulated; the company utilizes e-mail, message boards, and virtual communities to create bonds with the customers and to monitor the behavior of both the seller and the buyer. A leader, meaning more than merely a manager, is someone who is responsible to guide and direct his or her group. The employees have opportunities for new challenges and they work in an environment that is casual and cheerful.
The Big Bang: Meg Whitman’s Successful Leadership Style
The leadership traits of taking people along while solving problems tend to be that of a connector and the applying In her keynote speech at the TiECON conference in 2007, she shared some valuable insights into her leadership success which included nurturing Innovation. . Indicate how each of these events contributed to the growing tension between Great Britain and the Colonies. References Meg Whitman and eBay: Leadership Case Study. She was often the new employee in many organizations.
Margaret Whitman's Leadership: EBay Company's Case
Then, Whitman went on to be a business management consultant for Bain. To achieve the leadership roles, a leader must have good listening skills, be strong-willed, ambitious, and energetic. Three strategies were identified: 1. In this company, everybody values the CEO and respects hi. I know that it sounds odd that I should feel more connected to people that I buy from on eBay than the people that I buy from at Target or Macy's or some other big store. In this company, the CEO has been noted to be involved in the creation and making of the rules and regulations as well as drafting values of conduct.
In addition, she will go out of her way for her employees as needed and the employees appreciates this display, which gives them a desire to doing the right thing. Her philosophy is work in collaboration with management, employees and the users to make eBay a better company. EBay is in the innovative ecommerce industry, so the leadership qualities and styles demonstrated by Meg are necessary in order for her employees to think creatively. Employees are rewarded through reorganization; they have the opportunity to look forward to new challenges on a regular basis. Leadership Focus Paper: Keita Powell Keita Powell is a pint-sized powerhouse. New York: Crown Publishing.
The Authentic leader is one who A not only knows them self, but also understands them self, B Is familiar with their own belief system and values and C Uses open and honest communication with subordinates and others when acting on their values and levels. She has held numerous corporate leadership roles, most notably as Chief Executive Officer of Hewlett-Packard Company from 2011 to 2018, President and CEO of eBay from 1998 to 2008, and Senior Vice President of Strategic Planning at The Walt Disney Company from 1997 to 1998. Because the company does not manage inventory it makes it easier for the company to be profitable. She worked at a number of Fortune 500 companies and eventually found herself at the head of an Internet startup, eBay. As an Authentic leader, one has to stimulate their followers; Meg Whitman does this through the offering of new challenges and giving the employees growth in a variety of areas. Keeping a gentle grip on power. They do not wait for mistakes to occur so they can dole out punishments.
Leadership can be defined as „the ability to influence a group toward the achievement of a vision or a set of goals. This she demonstrates when she asks the new head of strategy to absorb the environment of the company for the first three months and not work. They are well managed, their focus is guided in the direction of high-impact projects and they are clear of the expectations of their accountability. Blake and JANE S. Meg Whitman has made it apparent that expectations of employees are high. At eBay, they look for people who are energize by the mission alone.
