Papers on "Toxic Leadership" and similar term paper topics
Paper #098171 ::
Toxic Leadership
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This paper discusses the harm Al "Chainsaw" Dunlap caused as leader of the Sunbeam-Oster company.
Written in 2007; 1,177 words; 4 sources; MLA;
$ 40.95
Paper Summary:
The paper explores an extreme case of "toxic leadership", i.e., leadership that takes the corporation down the road to destruction. The paper discusses how Al "Chainsaw" Dunlap caused Sunbeam-Oster to declare bankruptcy. The paper shows how he placed corporate profits above and beyond anything else and his style of leadership went against common principles of good leadership qualities.
Outline:
A Case of Dysfunction
Was it Nature or Nurture?
The Final Analysis
From the Paper:
"Al "Chainsaw" Dunlap is famous for his tendency to "downsize" a company. Chainsaw earned his nickname by ruthlessly cutting jobs in order to increase the share price of the corporation. It is a basic assumption that the CEO will have the interests of the organization at the forefront. However, one must wonder if it were incompetence, or self-serving interests that caused Al Dunlap to plunge Sunbeam-Oster into bankruptcy (Byrne, 1998)."
"Dunlap developed his style while at Scott paper and Crown-Zellerbach. His methods encompassed cutting costs drastically in order to inflate the profits, thus giving a false sense of security to investors. This caused an unrealistic increase in share price and boosted investor profits. However, Dunlap misjudged the Sunbeam corporation and his plan backfired, plummeting stock prices from $53/share to $11/share four months later when industry leaders revealed that Sunbeam's revenues had been padded (Byrne, 1998)."
Tags:
bankruptcy deception hostility corporate profits ethics
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