Leadership Royal Bank of Canada

Question: Discuss about theLeadershipfor Royal Bank of Canada. Answer: Introduction Gordon Nixon, the chief executive officer of Royal Bank of Canada, is the effective leader of the 21st century. He is the rising star of the western firmament. The path-goal theory explains that the leaders should choose specific behaviours that help to enhance the preference of the employees. It provides an amiable environment that helps the employees to generate maximum work activities (Northouse, 2013). Gordon Nixon advocated the business value of diversity and incorporation that set as the emblem of leadership. He paid gratitude to the phenomenal personalities for helping him comprehend the nature of diversity, particularly the base of human capital. He believes that the leadership diversity is the most important yardstick of an organization. He thinks that the leader should deliberate on strategic management and development of skills. Jonathan Schwartz, the CEO of Sun Microsystems is the one of the ineffective leaders of the 21st century. The Oracle Company bought Sun Microsystems for $7.4 billion. Jonathan decimated the acquisition of a prospect of the firm. At the same time, he did not follow the trait of path-goal theory that maintains the paradigm of leadership model. Jonathan could not maintain the level and the status of the company withered away (cbsnews.com, 2016). The employees of the company faced the difficult time. They hardly got any motivation to increase the rate of productivity of the company. Therefore, the company witnessed a debacle in the course of time. In the particular section, I believe that Jonathan should fuse the traits of path-goal theory and the developmental leadership that determined the contour of the company. He should increase the level of motivation of the employees. Consequently, the productivity of the company will accelerate. The path-glory model and leader-member exchange model are determining the nature of leadership in the recent time. Reference America's worst CEOs: Where are they now? (2016). Cbsnews.com. Retrieved 31 October 2016, from https://www.cbsnews.com/news/americas-worst-ceos-where-are-they-now/ Northouse, P. (2013).Leadership Theory and Practice. Thousand Oaks: Sage Publications, Inc.