You have been recently promoted to a managerial position in your company. You are tasked with leading a team of employees to increase the company's productivity and profitability. Your team comprises employees from diverse backgrounds and with varying skill sets. As the team leader, you must discover your leadership style and determine how best to motivate and guide your team toward success.

Assignment Question:

1. Based on the given case study, identify the different leadership styles that can be used to lead your team effectively. Discuss the advantages and disadvantages of each style in the context of the team's diverse backgrounds and skill sets.

2. Reflect on different leadership styles and identify their strengths and weaknesses. How can these styles be adapted to meet the needs of your team and achieve the company's objectives?

3. Communication plays a crucial role in effective leadership. Discuss the strategies that can be used to effectively communicate with your team, given their diverse backgrounds and skill sets. How can you ensure that your messages are effectively understood and acted upon?

4. Social and Emotional intelligence is an essential factor in effective leadership. How can you use social and emotional intelligence to understand your team's motivations and emotions and generate a positive work environment that fosters productivity and teamwork?

5. As a leader, you need to motivate and guide your team toward success. Discuss the different motivational strategies you can use to inspire and motivate your team to achieve the company's objectives. How can you tailor these strategies to meet your team member's individual needs and preferences?

6. Managing a team composed of employees from diverse backgrounds and with varying skill sets can be challenging. Discuss the challenges that you may face as a leader and how you can overcome them to build a high-performing team.

(Use in-text citations, and references and prepare the case analysis report answering the following questions)