You Make the Call-Situation 3

question 8

Essay

You Make the Call-Situation 3
For years, a small distributor of welding materials had followed the practice of most small firms, treating the board of directors as merely a legal necessity. Composed of two co-owners and a retired steel company executive, the board was not a working board. But the company, run informally with traditional management methods, was profitable.
After attending a seminar, the majority owner decided that a board might be useful for more than legal or cosmetic purposes. Thus, he invited two outsiders-both division heads of larger corporations-to join the board. This brought the membership of the board to five. The majority owner believed the new members would be helpful in opening up the business to new ideas.

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Definitions:

Task Motivation

The drive or desire to complete a specific task, often influenced by factors such as interest, challenge, and the satisfaction of accomplishment.

Self-Reliant People

Individuals who depend mainly on their own resources and capabilities to achieve their goals.

Stressful Situations

Circumstances that cause anxiety, tension, or pressure, often challenging an individual's ability to cope.

Enthusiastic

Showing intense and eager enjoyment, interest, or approval; a person displaying high energy and excitement towards an activity or idea.