When Anne Mulcahy,the chairperson of Xerox,took over the company it was $18B in debt and the shareholders wanted to sell it in pieces because it didn't seem 'fixable.' She spent a year asking everyone including other companies' heads,her salespeople,the engineers,customer service employees what they thought should be done.This is an example of which of the following?

Question

When Anne Mulcahy,the chairperson of Xerox,took over the company it was $18B in debt and the shareholders wanted to sell it in pieces because it didn't seem 'fixable.'  She spent a year asking everyone including other companies' heads,her salespeople,the engineers,customer service employees what they thought should be done.This is an example of which of the following?

Quizplus · Accepted Answer

This is an example of participative leadership, where the leader seeks input and ideas from a variety of stakeholders before making decisions. Anne Mulcahy actively sought out opinions and perspectives from employees and partners before developing a strategy to turn the company around.

When Anne Mulcahy,the Chairperson of Xerox,took Over the Company It