The Path-Goal Theory

Path-Goal theory is a model used by leaders to bring out the best from employees by considering their interests and work environment to achieve the organization's goals. Employee satisfaction is the primary goal of using this theory, and achieving this requires the leader to motivate and empower their juniors, therefore increasing their productive skills. As per the model, leaders should be flexible and change their styles depending on their situations, using a blend of leadership styles. In conclusion, this theory acts as a reminder to leaders that their central purpose is to make employees work more efficiently to attain their goals.

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According to the video case, Ray Kroc was a visionary leader concerned with the long-term survival of the business and the success of employees. Ray is described as a charismatic leader who could speak to the people's hearts, motivating them to go beyond their expectations. He had strategies that enabled the employees to figure out how they can help the business move forward. The video shows that the organization is still using the style, and targets have been put in place to earn rewards upon attaining them.

Benefits of a Corporate Leadership Strategy Increased employee

engagement

From the books of (Payson 2020), motivating employees by praising them for the work done through praises, recognitions, and rewards brings them closer to the leadership of their organization.as a result of this, the employers make their juniors to get more skills to improve on their performances.

Increased productivity

An excellent corporate leader understands that their staff requires both emotional and financial support to improve their productivity as a team. Consistent leadership with empathy effectively empowers them to stick to their required work routines, making them work best in the available time without wasting resources and time.

Making better decisions

Leadership skills are so crucial to the achievement of the set goals and visions of an organization; therefore, the corporate style has been used in most cases since it makes their leaders hear them out, making them part and parcel of finding the solutions to the daily business problems. Making fast and irrational decisions can be catastrophic hence this approach is the best when it comes to trying to avoid mistakes.

Retention of employees

Most of the corporates have had their people leaving them for better offers because of inadequate treatment from their bosses. Quoting from (Jackson 2015), 75% of people voluntarily leaving jobs don’t quit their jobs, they quit their bosses. It is fair to conclude that proper corporate leadership retains the employees while an imperfect boss chases away his employees.

Nurturing future leaders

Before giving out top jobs to the public, the chance is advertised within the organization to find the most suitable candidate for the opportunity. Identifying this employee involves a lot of training that aims and discover who has the qualifications and the sets of personalities required. Good corporate leadership is key to the planning and succession of the leaders therefore nurturing junior employees has to be done.

References https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3616197

1. Carreri, M., & Payson, J. (2020). Who Benefits From Managerial Effectiveness? How Corporate Leadership Practices Shape City Policy Priorities. How Corporate Leadership Practices Shape City Policy Priorities (June 23, 2020).

2. Holder, A., Jackson, M. A., & Ponterotto, J. G. (2015). Racial microaggression experiences and coping strategies of Black women in corporate leadership. Qualitative Psychology, 2(2), 164. https://psycnet.apa.org/record/201530581-001