\"Gallup has found that one ofthe most important decisions companies make is simply whom they name manager. Yet our analysis suggests thattheyusually get it wrong. In fact, Gallup finds that companies Fail to choose the candidate with the right talent for thejob 82% ofthe time. Bad managers cost businesses billions ofdollars each year and having too many ofthem can bring down a company. The only defense against this mamive problem is a good offense. because when eompanies get these decisions wrong, nothing xes it. Businesses that: get it right. hairlinever1 and hire managers hEed on talent will thrive and gain a signicant competitive advantage. Managers aocount for at least 70% ofvarianee in employee engagement scores across business units. Gallup estimates. This variation is in turn responsible for severely low worldwide employee engagement. Gallup reported in two large-scale studies in EII that only 3W5 of US. employees are engaged at work. and a staggedngly low 13% worldwide are engaged. Worse. over the past 12 years these low numbers have bamly hudged. meaning that the vast majority of employees worldwide are failing to develop and contribute at work. [...] companies should systematically demand that every group within their workforce have a great manager. Alter all. the root of perfonnance variability lies within human nature itself. Teams are composed of individuals with diverging needs related to morale. motivation. and clarity all of which lead to varying degrees ofperforrnance. Nothing less than great managers can maximize them." Beck. it {i Horror. J'. (20\") Why-good manager: are-so tore. Harvard Business Review - biog network. Pubiirhed {3.3444 hrrpfrhlogshbrnrgll \"BMW-good- managers-ere-ao-rore! Required [please keep your answers short and succinct - bullet points are allowed where necessary}: 5} Beck :1 Hatter (2014) argue that nding the right manager can be detrimental to the sucoess of an organisation. MeGregor (1959) argued that leaders base their style of management on two opposing munitions. You are to discuss the two styles that McGragor refers to and explain what style of management each theory leads to. (7.5 marks per style: total I! marks] h} in the discussion, above. in Beck 8:: Hart (20\") they state that each team within an organisation deserves a great manager. The wide range of organisational theories includes 'Trait theory' - you are required i) to explain what traittheory is {3 marks). ii}to list ve of the traits included within the theoryt marks). and iii) to provide two criticisms of this theory [2 marks]. [total ll] marks] Total 25 Mark