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Tuesday, September 22

  1. page Transformational Leadership edited {sam walton project.docx} click on the following link and you will be redirected to the original i…
    {sam walton project.docx} click on the following link and you will be redirected to the original info for Sam Walton and Transformational leadership
    SAM WALTON {ppl_waltonsam_1007.jpg}
    ...
    Transformational Leader!
    What

    What
    is a Transformational Leader?
    A

    A
    transformational leader
    ...
    over self-interests.”
    How

    How
    Transformational Leaders
    ...
    transforming followers?
    By

    By
    creating changes
    ...
    personal identity.
    How

    How
    does Transformational Leadership operate?
    There are four categories to this theory which are listed below with their sub-categories:
    ...
    Organization Character
    Traits
    Life

    Traits
    Life
    Experiences
    Organizational

    Organizational
    Culture
    2.

    2.
    Leadership Behavior
    Inspirational

    Inspirational
    motivation- establishing
    ...
    and enthusiasum
    Idealized

    Idealized
    influence- sacrificing
    ...
    ethical standards
    Individual

    Individual
    consideration- displaying
    ...
    to employees
    Intellectual

    Intellectual
    stimulation- encouraging
    ...
    organizational problems
    3. Effects on followers and work groups
    4. Outcomes
    ...
    embody transformational leadership through:
    Yes,
    leadership?
    Yes,
    Individual and organizational characteristics
    Examples

    Examples
    that would
    ...
    opinion are:
    Ø

    Ø
    His extraverted
    ...
    life experiences)
    Ø

    Ø
    Serving as
    ...
    (life experiences)
    Ø

    Ø
    Walton worked
    ...
    (Organizational Culture)
    Yes,

    Yes,
    Leadership Behavior
    Examples

    Examples
    that would
    ...
    opinion are:
    Ø

    Ø
    Sam had
    ...
    motivation, enthusiasm)
    Ø

    Ø
    When Sam
    ...
    Influence, sacrifice)
    Ø

    Ø
    Sam has
    ...
    Consideration category.
    Sam

    Sam
    Walton was
    ...
    worth mocking.
    These are more examples as to why Sam Walton exemplifies transformational leadership not discussed or listed above:
    o

    More Examples:
    o
    "This is
    ...
    (Idealized influence)
    o

    o
    “Walton, known
    ...
    (Inspirational motivation)
    o

    o
    “My feeling
    ...
    Individual consideration)
    o

    o
    The family,
    ...
    ethical standards)
    o

    o
    On March
    ...
    Idealized influence)
    {walton.jpg}
    (view changes)
    9:11 am
  2. page Transformational Leadership edited {sam walton project.docx} click on the following link and you will be redirected to the original i…
    {sam walton project.docx} click on the following link and you will be redirected to the original info for Sam Walton and Transformational leadership
    SAM WALTON {ppl_waltonsam_1007.jpg}
    ...
    Transformational Leader!
    What

    What
    is a Transformational Leader?
    A

    A
    transformational leader
    ...
    over self-interests.”
    How

    How
    Transformational Leaders
    ...
    transforming followers?
    By

    By
    creating changes
    ...
    personal identity.
    How

    How
    does Transformational Leadership operate?
    There are four categories to this theory which are listed below with their sub-categories:
    ...
    Organization Character
    Traits
    Life

    Traits
    Life
    Experiences
    Organizational

    Organizational
    Culture
    2.

    2.
    Leadership Behavior
    Inspirational

    Inspirational
    motivation- establishing
    ...
    and enthusiasum
    Idealized

    Idealized
    influence- sacrificing
    ...
    ethical standards
    Individual

    Individual
    consideration- displaying
    ...
    to employees
    Intellectual

    Intellectual
    stimulation- encouraging
    ...
    organizational problems
    3. Effects on followers and work groups
    4. Outcomes
    So,

    So,
    did Sam
    ...
    leadership through:
    Yes, Individual and organizational characteristics
    Examples that would support this opinion are:
    ...
    and life experiences)experiences)
    Ø Serving as a communications officer in the Army Intelligence Corps would help shape his likelihood to have this leadership style (life experiences)
    Ø Walton worked to make some workers eligible for a share of the profits and stock options in the company. Associates also manage their own departments, keeping a watchful eye on stock and profits. (Organizational Culture)
    ...
    o “My feeling is that just because we work so hard, we don't have to go around with long faces all the time -- while we're doing all of this work, we like to have a good time. It's sort of a 'whistle while you work' philosophy, and we not only have a heck of a good time with it, we work better because of it," Walton said (Organizational culture and Individual consideration)
    o The family, the nation's wealthiest, has also become the top philanthropist in the United States, especially in the area of education. (Idealized influence and high ethical standards)
    ...
    Idealized influence)
    {walton.jpg}
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    9:10 am
  3. page Traits of the Leader edited NOTES FINAL SUMMARY Stogdill and Mann's Trait Findings Leader trait: personal characteristi…

    NOTES
    FINAL SUMMARY
    Stogdill and Mann's Trait Findings
    Leader trait: personal characteristic that differentiate leaders from followers
    • Stogdill’s and Mann’s
    – Ralph Stogdill in 1948 and Richard Mann in 1959
    – Five Traits
    1. Intelligence
    2. Dominance
    3. Self-confidence
    4. Level of energy and activity
    5. Task-relevant knowledge
    Leadership Prototypes
    • Leadership Prototype: Mental representation of the traits and behaviors possessed by leaders.
    • Kouzes and Posner’s research:
    – James Kouzes and Barry Posner
    – Top four traits that constitute a good leader:
    1. Honesty
    2. Forward Looking
    3. Inspiring
    4. Competent
    Goleman's Research on Emotional Intelligence
    – Daniel Goleman
    – Emotional Intelligence: is the ability to manage oneself and one’s relationships in mature and constructive ways
    • Personal Competence
    • Self Awareness
    • Self Management
    • Social Competence
    • Social Awareness
    • Relationship Management
    Traits of a Bad Leader
    • What traits are possessed by bad leaders?
    1. Incompetent
    2. Rigid
    3. Intemperate
    4. Callous
    5. Corrupt
    6. Insular
    7. Evil

    (view changes)
    9:08 am

Monday, September 21

  1. page Summarize Sam Walton as a Leader edited ... Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.⁴ Wal-Mart…
    ...
    Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.⁴
    Wal-Mart Facts
    ...
    private employer andand the largest
    ...
    North America.¹²
    Wal-Mart operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly-owned operations in Argentina, Brazil, Canada, and Puerto Rico.
    It began trading stock as a publicly held company on October 1, 1970.¹³
    In the 1980s, Walmart continued to grow rapidly, and by its 25th anniversary in 1987 there were 1,198 stores with sales of $15.9 billion and 200,000 associates.¹³
    In 1998, Walmart introduced the "Neighborhood Market" concept with three stores in Arkansas.¹³
    In 2005, Walmart had $312.4 billion in sales, more than 6,200 facilities around the world—including 3,800 stores in the United States and 2,800 elsewhere, employing more than 1.6 million "associates" worldwide.¹³

    Summary of Samuel Walton
    Sam Walton was born on March 29, 1918 in Kingfisher, Oklahoma to Thomas Gibson Walton, a farmer, and Nancy Lee Walton. In 1923, Walton's father determined that their farm did not provide enough income on which to raise a family and decided to move the family to Missouri to become a mortgage banker, his previous profession. The Walton family moved from town to town with Walton's father.¹
    ...
    Walton went on to open a new store in Bentonville, Arkansas called Walton's Five and Dime in 1945.¹¹ He continued to provide low prices with long hours, and went on to open more Ben Franklin stores with the help of his brother, father-in-law, and brother-in-law. By 1962 Walton and his brother Bud owned a total of sixteen stores in Kansas, Missouri, and Arkansas, most of which still functioned under the brand of Ben Franklin.¹ Walton decided to concentrate on retail business instead of the shopping centers and opened larger stores which were called Walton's Family Center. In 1962, he opened the first Wal-Mart in Rogers, Arkansas⁴, just outside of Bentonville.
    Sam Walton carried over the lessons he learned from working at the Ben Franklin stores, by providing a large variety of goods at consistently low prices since the opening of the first Wal-Mart until the day he died.¹ However, before his death, Forbes listed him the richest man in the world from 1985 until 1988 until the editors began crediting his fortune between him and his four children.⁴
    ...
    Rock, Arkansas. HeHe left his
    References
    ¹ Sam Walton: Made in America by Sam Walton with John Huey
    ...
    ¹¹http://ludb.clui.org/ex/i/AR3144/
    ¹²http://www.ufcw.org/take_action/walmart_workers_campaign_info/facts_and_figures/walmartgeneralinfo.cfm
    ¹³"The Wal-Mart Timeline." Wal-Mart (published on walmartfacts.com). Retrieved on July 24, 2006.
    (view changes)
    8:32 am
  2. page Summarize Sam Walton as a Leader edited ... Business College (Sam M. Walton College of Business) is named in his honor at the University o…
    ...
    Business College (Sam M. Walton College of Business) is named in his honor at the University of Arkansas.⁴
    Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.⁴
    Wal-Mart Facts
    Wal-Mart is the largest private employer and the largest grocery retailer in the United States. It also owns and operates the Sam's Club retail warehouses in North America.¹²

    Summary of Samuel Walton
    Sam Walton was born on March 29, 1918 in Kingfisher, Oklahoma to Thomas Gibson Walton, a farmer, and Nancy Lee Walton. In 1923, Walton's father determined that their farm did not provide enough income on which to raise a family and decided to move the family to Missouri to become a mortgage banker, his previous profession. The Walton family moved from town to town with Walton's father.¹
    ...
    With his degree, Sam Walton joined the management team of JCPenny in Des Moines, Iowa, only three days after graduation making $75 a month. Having served with the ROTC in college, Walton anticipated military service when World War II began in 1942 and he joined the military in the U.S. Army Intelligence Corps, supervising security at aircraft plants and prisoner of war camps where he eventually became Captain.¹
    After serving in the military, Walton wanted to open his own department store, however he decided to settle with a variety store. His father-in-law gave him a loan of $20,000 and he had $5,000 from his service in the Army to purchased a Ben Franklin variety store in Newport, Arkansas, which was part of a chain of stores. Sam Walton wanted to focus on providing a wide range of goods at discounted prices to the consumer and keep his stores open longer than his competitors, even during the Christmas season. He created the practice of discount merchandising by buying wholesale goods from the lowest priced supplier, thus allowing him to pass his savings on to his customers, which drove up sales to the point that Walton's store had the highest sales and profits for the chain in its six state region. Walton closed his store because the landlord was raising rent and required to be paid 5% of all sales.¹
    Walton went on to open a new store in Bentonville, Arkansas called Walton's Five and Dime in 1945.¹¹ He continued to provide low prices with long hours, and went on to open more Ben Franklin stores with the help of his brother, father-in-law, and brother-in-law. By 1962 Walton and his brother Bud owned a total of sixteen stores in Kansas, Missouri, and Arkansas, most of which still functioned under the brand of Ben Franklin.¹ Walton decided to concentrate on retail business instead of the shopping centers and opened larger stores which were called Walton's Family Center. In 1962, he opened the first Wal-Mart in Rogers, Arkansas⁴, just outside of Bentonville.
    Sam Walton carried over the lessons he learned from working at the Ben Franklin stores, by providing a large variety of goods at consistently low prices since the opening of the first Wal-Mart until the day he died.¹ However, before his death, Forbes listed him the richest man in the world from 1985 until 1988 until the editors began crediting his fortune between him and his four children.⁴
    Walton died Sunday April 5, 1992, of multiple myeloma, a type of a bone cancer, in Little Rock, Arkansas. He left his ownership in Wal-Mart to his wife and their children. Rob Walton succeeded his father as the Chairman of the Board of Wal-Mart, and John was a director until his death in a 2005 plane crash. The others are not directly involved in the company except through their power as shareholders.⁴

    References
    ¹ Sam Walton: Made in America by Sam Walton with John Huey
    ...
    ⁹It All Began in a Small Store in Arkansas..., Guardian News & Media (2008).
    ¹⁰http://www.woopidoo.com/biography/sam-walton/
    ¹¹http://ludb.clui.org/ex/i/AR3144/
    ¹²http://www.ufcw.org/take_action/walmart_workers_campaign_info/facts_and_figures/walmartgeneralinfo.cfm

    (view changes)
    8:22 am
  3. page Summarize Sam Walton as a Leader edited ... Samuel Robson Walton is the oldest son. He is currently chairman of the worldwide company. …
    ...
    Samuel Robson Walton is the oldest son.
    He is currently chairman of the worldwide company.
    ...
    as of 2008[update].⁷2008.⁷
    John Thomas Walton served as an air pilot for the company.
    He was also the Chairman of True North Partners, a venture capital firm.
    ...
    The Sam and Helen R. Walton Award was created in 1991 when the Waltons made a gift of $6 million.¹
    In 1998, Walton was included in Time's list of 100 most influential people of the 20th Century.⁴
    WlatonWalton received the
    Jiangsu province of the People's Republic of China awarded him the Golden Star Foreigner's Award for "tireless assistance in the development of People's owned factories in the Suzhou area".⁴
    Forbes ranked Sam Walton as the richest man in the United States from 1985 to 1988.
    ...
    Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.⁴
    Summary of Samuel Walton
    ...
    with Walton's father.father.¹
    Sam Walton
    ...
    years and did well academically. Growing up during the Great Depression meant that his family was always looking for ways to save money so, part of his daily routine involved milking cows and delivering milk, along with newspapers, to people in the neighborhood. He even sold magazine subscriptions when he had extra time.⁴
    Walton attended the University of Missouri and majored in economics, hoping to find a career that could help support his family back home. Walton was an officer with the ROTC unit and worked odd jobs, such as a waiter in a restaurant, to help feed and support himself, and he joined various prestigious fraternities including the school's business fraternity.¹⁰ He graduated from the University of Missouri in 1940 and married Helen Robson after graduation and they eventually had four children.¹
    With his degree, Sam Walton joined the management team of JCPenny in Des Moines, Iowa, only three days after graduation making $75 a month. Having served with the ROTC in college, Walton anticipated military service when World War II began in 1942 and he joined the military in the U.S. Army Intelligence Corps, supervising security at aircraft plants and prisoner of war camps where he eventually became Captain.¹
    After serving in the military, Walton wanted to open his own department store, however he decided to settle with a variety store. His father-in-law gave him a loan of $20,000 and he had $5,000 from his service in the Army to purchased a Ben Franklin variety store in Newport, Arkansas, which was part of a chain of stores. Sam Walton wanted to focus on providing a wide range of goods at discounted prices to the consumer and keep his stores open longer than his competitors, even during the Christmas season. He created the practice of discount merchandising by buying wholesale goods from the lowest priced supplier, thus allowing him to pass his savings on to his customers, which drove up sales to the point that Walton's store had the highest sales and profits for the chain in its six state region. Walton closed his store because the landlord was raising rent and required to be paid 5% of all sales.¹

    References
    ¹ Sam Walton: Made in America by Sam Walton with John Huey
    ...
    ⁸http://hbswk.hbs.edu/item/2375.html
    ⁹It All Began in a Small Store in Arkansas..., Guardian News & Media (2008).
    ¹⁰http://www.woopidoo.com/biography/sam-walton/
    (view changes)
    7:59 am
  4. page Summarize Sam Walton as a Leader edited ... Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.⁴ Summary …
    ...
    Walton was inducted into the Junior Achievement U.S. Business Hall of Fame in 1992.⁴
    Summary of Samuel Walton
    Sam Walton was born on March 29, 1918 in Kingfisher, Oklahoma to Thomas Gibson Walton, a farmer, and Nancy Lee Walton. In 1923, Walton's father determined that their farm did not provide enough income on which to raise a family and decided to move the family to Missouri to become a mortgage banker, his previous profession. The Walton family moved from town to town with Walton's father.
    Sam Walton excelled at basketball and football during his high school years and

    References
    ¹ Sam Walton: Made in America by Sam Walton with John Huey
    (view changes)
    7:10 am

Sunday, September 20

  1. page Transformational Leadership edited {sam walton project.docx} click on the following link and you will be redirected to the original i…
    {sam walton project.docx} click on the following link and you will be redirected to the original info for Sam Walton and Transformational leadership
    ...
    WALTON {ppl_waltonsam_1007.jpg}
    A

    A
    Natural Transformational Leader!
    What is a Transformational Leader?
    A transformational leader is someone who “transforms employees/followers to pursue organizational goals over self-interests.”
    How Transformational Leaders accomplish transforming followers?
    ...
    personal identity.
    How does Transformational Leadership operate?
    There are four categories to this theory which are listed below with their sub-categories:
    1. Individual & Organization Character
    Traits
    Life

    Life
    Experiences
    Organizational Culture
    2. Leadership Behavior
    ...
    and enthusiasum
    Idealized

    Idealized
    influence- sacrificing
    ...
    ethical standards
    Individual

    Individual
    consideration- displaying
    ...
    to employees
    Intellectual stimulation- encouraging employees to question status quo and seek innovative and creative solutions to organizational problems
    3. Effects on followers and work groups
    4. Outcomes
    So, did Sam embody transformational leadership through:
    ...
    organizational characteristics
    Examples that would support this opinion are:
    Ø His extraverted personality that he must have possessed in order to interact with people on a day to day basis from delivering papers, waiting tables, and working in numerous stores (Traits and life experiences)
    ...
    Ø Sam had a cheer that he started which the employees did at the beginning of each workday: “Give me a W, give me an A, give me an L, give me a squiggly, give me an M, give me an A, give me an R, give me a T, What’s that spell? Wal-Mart! Whose Wal-Mart is it? My Wal-Mart! Who’s number one? The Customer! Always!” (Inspirational motivation, enthusiasm)
    Ø When Sam opened the first Wal-Mart store in 1962, he had to do so by not only borrowing a large sum of money from others, but he also had to mortgage his own home (Idealized Influence, sacrifice)
    ...
    Consideration category.
    Sam

    Sam
    Walton was
    ...
    worth mocking.
    These are more examples as to why Sam Walton exemplifies transformational leadership not discussed or listed above:
    o "This is a man who was at work at 4:30 in the morning, had warmth and charm throughout the day, an interest in his customers, and who treated his associates well as persons, not just as clerks and salespeople," said Walter Loeb, a retailing consultant, according to The New York Times.” (Idealized influence)
    (view changes)
    8:35 pm
  2. page Transformational Leadership edited ... walton project.docx} By clicking click on the following link, link and you will ... …
    ...
    walton project.docx}
    By clicking
    click on the following link,link and you will
    ...
    to the word documentoriginal info for Sam Walton and Transformational leadership
    SAM WALTON {ppl_waltonsam_1007.jpg}
    A Natural Transformational Leader!
    What is a Transformational Leader?
    A transformational leader is someone who “transforms employees/followers to pursue organizational goals over self-interests.”
    How Transformational Leaders accomplish transforming followers?
    By creating changes to their goals, values, needs, beliefs, and aspirations by appealing to follower/work group values and personal identity.
    How does Transformational Leadership operate?
    There are four categories to this theory
    which containsare listed below with their sub-categories:
    1. Individual & Organization Character
    Traits
    Life Experiences
    Organizational Culture
    2. Leadership Behavior
    Inspirational motivation- establishing attractive future visions, using emotional arguments, and exhitbiting optimism and enthusiasum
    Idealized influence- sacrificing for
    the informationgood of the group, being a role model, displaying high ethical standards
    Individual consideration- displaying support, encouragement, empowerment, and coaching to employees
    Intellectual stimulation- encouraging employees to question status quo and seek innovative and creative solutions to organizational problems
    3. Effects
    on followers and work groups
    4. Outcomes
    So, did
    Sam embody transformational leadership through:
    Yes, Individual and organizational characteristics
    Examples that would support this opinion are:
    Ø His extraverted personality that he must have possessed in order to interact with people on a day to day basis from delivering papers, waiting tables, and working in numerous stores (Traits and life experiences)
    Ø Serving as a communications officer in the Army Intelligence Corps would help shape his likelihood to have this leadership style (life experiences)
    Ø
    Walton worked to make some workers eligible for a share of the profits and Transformational Leadership!stock options in the company. Associates also manage their own departments, keeping a watchful eye on stock and profits. (Organizational Culture)
    Yes, Leadership Behavior
    Examples that would support this opinion are:
    Ø Sam had a cheer that he started which the employees did at the beginning of each workday: “Give me a W, give me an A, give me an L, give me a squiggly, give me an M, give me an A, give me an R, give me a T, What’s that spell? Wal-Mart! Whose Wal-Mart is it? My Wal-Mart! Who’s number one? The Customer! Always!” (Inspirational motivation, enthusiasm)
    Ø When Sam opened the first Wal-Mart store in 1962, he had to do so by not only borrowing a large sum of money from others, but he also had to mortgage his own home (Idealized Influence, sacrifice)
    Ø Sam has his own commandments of ten which he set into place. Of these commandments, share profits with your associates and treat them like your partners, energize colleagues, communicate with, appreciate, and listen to your associates/partners place him in the Individualized Consideration category.
    Sam Walton was definitely a transformational leader. He exemplified all the aspects of what a transformational leader should entail. He worked toward a goal which he set forth, achieved that goal, and worked toward expanding his business into what it is today. He’s a leader who went outside the norm of the way things were done and is definitely worth mocking.
    These are more examples as to why Sam Walton exemplifies transformational leadership not discussed or listed above:
    o "This is a man who was at work at 4:30 in the morning, had warmth and charm throughout the day, an interest in his customers, and who treated his associates well as persons, not just as clerks and salespeople," said Walter Loeb, a retailing consultant, according to The New York Times.” (Idealized influence)
    o “Walton, known as an enthusiastic leader, was constantly looking for new locations for his revolutionary discount store. The tycoon would sometimes fly over small towns looking for new locations -- landing and buying a slab of land when he found the perfect spot.” (Inspirational motivation)
    o “My feeling is that just because we work so hard, we don't have to go around with long faces all the time -- while we're doing all of this work, we like to have a good time. It's sort of a 'whistle while you work' philosophy, and we not only have a heck of a good time with it, we work better because of it," Walton said (Organizational culture and Individual consideration)
    o The family, the nation's wealthiest, has also become the top philanthropist in the United States, especially in the area of education. (Idealized influence and high ethical standards)
    o On March 17, 1992, President George Bush presented Walton with the Medal of Freedom for his entrepreneurial spirit and his concern for his employees and community. (Individualized consideration and Idealized influence)
    {walton.jpg}

    (view changes)
    8:30 pm
  3. page Transformational Leadership edited ... walton project.docx} {ppl_waltonsam_1007.jpg} {walton.jpg} By clicking on the followin…
    ...
    walton project.docx} {ppl_waltonsam_1007.jpg} {walton.jpg}
    By clicking on the following link, you will be redirected to the word document which contains the information on Sam Walton and Transformational Leadership!

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