Assume you have been appointed as the CEO of a large Australian corporation that currently has a traditional leadership approach. As a condition of your appointment, you are required to adopt a different leadership approach to improve the organisational effectiveness of the corporation. A. Discuss the leadership approaches you would adopt to improve the organisational effectiveness of the corporation. In your answer, make reference to theories and models you have been exposed to in your reading this semester. (7 marks) B. What are the issues and challenges that you may need to consider in your leadership role? (8 marks) C. How can comtemporary views on leadership assist you in your leadership role? Provide examples and make reference to the theories and other case studies from your reading. (10 marks)

Answer-
The Chief Executive Officer (CEO) is responsible for the development and execution of the designed plan of operations of the organization, taking the view to increase shareholders value. The CEO of any organization, its personality and leadership shapes the course of their company. CEO’s motivations, strengths and challenges will influence his ability to execute organizational goals.
Effective leadership approaches of CEO :- As a CEO we would like to explore below approaches for bringing the effectiveness in the organization.
· Management by objective: As a CEO, I would like to drive the focus of the senior management towards the efficiency and effectiveness by driving the management by objective approach.
· Right Selection of Leadership team : As a CEO, I would like to select the right skilled team for the leadership, which can drive the organizational objectives and projects effectively.
· Right systems and infrastructure: As a CEO, I would like to develop right systems, processes and infrastructure at the organization, which enable to deliver required business results.
· Operational Efficiency & Effectiveness: AS a CEO, I would like to improve the efficiency and effectiveness of the organization by introducing right measures and standards.
· Improve Customer Relations: AS a CEO, I would like to drive improvements in customer relation development which can help longer sustain of organization.
Following are the key theories Trait Theory, Skills Theory, Situational Theory, Contingency Theory, Path-goal theory, Transformational theory. These theories are the basis for achieving the effectiveness and efficiency in the organization.
Challenges in Leadership Role : Following are the key challenges we are expecting in leadership role as below
· The key challenge is to have effective management of the reporting team and the organization.
· Challenges in Improve profit and revenue for the organization.
· Challenges in improving the customer relations and increase the business for the organization.
· Challenges in increasing the shares in the market
· Challenges in meeting and exceeding the market competition.
· Challenges in driving the effective communication in the organization for all employees.
· Challenges in driving after sales and service profitability
Answer C -The contemporary view of the leadership are as below
Modern Leadership: The modern leadership is to synergies the organizations into one pillar so that we can drive better organizational results.
Latest Technologies: The use of latest technologies helps the business to achieve efficient and effective results. The technologies set the better standards for the organization.
Diversity: Use of diversity drives better innovation and creativity which improves the organizational effectiveness and efficiencies.
Team based Culture: The team based culture is more effective in achieving the organizational results. The team based culture helps in developing right environment for the organization. Employee motivation and empowerment is the key in modern leaderships.
 
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