Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me two questions MANAGERIAL LEADERSHIP Servant Leadership Personified: Aaron Feuerstein at Malden Mills Aaron Feuerstein, a third-generation owner of Malden Mills in Lawrence,
please help me two questions
MANAGERIAL LEADERSHIP Servant Leadership Personified: Aaron Feuerstein at Malden Mills Aaron Feuerstein, a third-generation owner of Malden Mills in Lawrence, Massachusetts, suffered his factory burning to the ground on December 11, 1995. Feuerstein had the option of using the insurance money to rebuild the plant, but he instead paid the salaries and complete benefits of all the 3,000 workers for 6 months while the factory was rebuilt. He later said that he had no other option than to help the employees. His action was based on his study of the Talmud, and he presented at Xavier University: "I have the responsibility to the worker, both blue-collar and white-collar. I have an equal responsibility to the community. It would have been unconscionable to put 3,000 people on the streets and deliver a deathblow to the cities of Lawrence and Methuen. Maybe on paper our company is worthless to Wall Street, but I can tell you it's worth more." Feuerstein exemplified the two ethical leadership styles of stewardship and servant leadership, which focus specifically on how leaders work with followers. (Ethical leadership as a whole concerns the leader's characteristics and encompasses actions in both the internal and external organizational environment.) Source: Xavier University News and Events, "Former Malden Mills CEO Aaron Feuerstein speaking at Heroes of Professional Ethics event March 30", March 24, 2009, https://www2.xavier.edu/campusuite25/ modulesews.cfm?seo_file=Former-Malden-Mills-CEO-Aaron-Feuerstein-speaking-at-Heroes-of- Professional-Ethics-event-March-30&grp_id=1#.W6FLZPZFyUk Questions 1. How does Aaron Feuerstein exemplify servant leadership principles? 2. If Feuerstein had decided to use the insurance money for other purposes, would he have not been acting ethicallyStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started