The paper “ STREAT - Professional Practice in Business Name” is a breathtaking variant of the case study on management. Leadership is key in determining the success of an organization. Since the core objective of any organization is to meet all the set objectives, it is important that that good leadership be exercised to achieve the dream. As Gronn (2009) assert, the achievement of objectives is the true measure of success. Some major scandals like the fall of Enron occurred because of a lack of leadership and responsible leadership to be precise (Maak, 2007).
Responsible leadership entails all about making decisions business decisions that, apart from taking care of the interests of the shareholders, also take care the interests of other stakeholders like workers, company clients, suppliers, the environment, and the general community at large (Groves, & LaRocca, 2011). This essay focuses on the applicability of responsible leadership at STREAT. Responsible leadershipResponsible leadership entails all about making decisions business decisions that, apart from taking care of the interests of the shareholders, also take care the interests of other stakeholders like workers, company clients, suppliers, the environment, and the general community at large (Groves, & LaRocca, 2011).
Responsible leadership is a term that is used to convey or communicate various elements that actually determine the level of responsibility that a certain leader portrays and the manner in which a leader behaves in conducting businesses of making decisions regarding the people they lead and the performance of organizations they manage (Henry, & Wolfgramm, 2015). Maak & Pless (2006) critically examine responsible leadership as the evolution and transformation of leadership from a “ Leader-subordinate” leadership related to a “ Leader-stakeholder” relationship.
Therefore, this kind of transformation greatly widens the scope and meaning of responsible leadership to significantly encompass a diverse group where relationships among stakeholders become a center of interest and focus (Miska, Mayer, & Hilbe, 2013). In fact, ethical leadership is connected to responsible leadership theory.
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