The Current CEO at Tuk Energy Ltd

question 122

Essay

The current CEO at Tuk Energy Ltd.believes that there is too little leadership talent in the organization.This is troublesome for the executive,because over the next few years the company will require leaders who can bring about significant changes to the corporate culture and philosophy of doing business at Tuk.To address this challenge,Tuk's CEO wants to introduce a major leadership development program.You have been retained as a consultant to identify the leadership model that is most appropriate for Tuk's needs.
Describe the transformational leadership perspective and explain why this is the most appropriate theory to use.

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Definitions:

Efficient Level

A state of resource allocation where it is not possible to make someone better off without making someone else worse off.

Excludable

A characteristic of a good where it is possible to prevent people who have not paid for it from having access to it.

Rival

A term describing a good or resource that cannot be enjoyed by more than one individual or group without reducing its availability to others.

Private Good

A product or service that is excludable and rival in consumption, meaning its use is limited to paying customers and one individual's use diminishes another's ability to use it.