You are one of several board members that are in charge of hiring a new C.E.O. to run a company that has been showing signs of decline for several years. What type of leader should the board be seeking?

Question

Quizplus · Accepted Answer

The company has been showing signs of decline for several years, and therefore, the board should look for a leader who can bring about a significant change in the organization. A transformational leader is known for bringing positive changes to the organization by motivating and inspiring employees to work towards a common goal. Such leaders have a vision for the future and the ability to communicate it effectively to employees, which results in increased job satisfaction and productivity. Therefore, the board should seek a transformational leader to turn around the company's declining fortunes.

You Are One of Several Board Members That Are in Charge