It is important that leader-managers understand and respond to the changing nature of the Australian economy because:
A) service and knowledge workers do not respond well to firmness and inflexibility.
B) leadership based on authority, dominance and power does not work, whereas leadership based on influence and persuasiveness does.
C) leading and managing today is about communicating principles, not setting rules.
D) leading and managing today is about being a guide, not a teller, and being a facilitator of high productivity.
E) All of these responses are correct.

Question

Quizplus · Accepted Answer

All of these responses are correct. The changing nature of the Australian economy, with an increased focus on service and knowledge workers, requires leader-managers to adopt more flexible, influential, and guiding approaches to leadership and management. Communication of principles and facilitating high productivity are key aspects of this approach.

It Is Important That Leader-Managers Understand and Respond to the Changing