Question 1

The Board of Trustees of SSNIT has begun investigations into how the former management acquired an OBS software System for $66 million. The system was installed to network all branches of SSNIT nationwide to enhance efficiency but the current administration questioned the cost and have contracted Price Water house to audit the transaction. The Director General, Finance and Administration of software SSNIT, Mr. Michael Addo explained that investigations would throw more light into the purchase of the software.

Even before the findings of the investigation are made public, Mr. Franklin Cudjoe of IMANI Ghana is quite confident procurement infractions will rear their head. He stressed, This is one of those clear cases of procurement shenanigans. The whole procurement system that operates in the public sector is up for grabs by politicians and their acolytes in the public service. He added, it would come as no surprise to him if it emerged that the software was procured under sole sourcing or some other brutal tactics used to eliminate people who would have provided probably a lower cost service.

1. Evaluate the case using the Agency and Transaction Cost Theories in corporate governance
2. Briefly explained the fiduciary responsibilities of the Board of Trustees

Question 2

With an aid of a diagram, explain the Hersey-Blanchards Situational Model

Question 3

Write short notes on the following

1. Servant Leader
2. Charismatic Leader
3. Emotional Intelligence
4. Power in Leadership