APA (edition "APA 6") Business and Management

Personality Theory and Business Environment

Apply personality theory within a business environment.

Choose either a medical supply company, a hospitality services company (i.e., hotels, inns, tours, etc.), an event security service, an industrial manufacturer, or a beverage company. [Note: You cannot choose a real company. This must be a fictitious company using the scenario below.]
Scenario:

A family company (in the industry of your choice from those options above, but no real companies may be used) has been in business for over 40 years. They have always had a family member as president of the company. The business has been mostly conducted via email, phone, and in-person; but in general, the business systems are outdated. Now with the increasing competition, they realize that without change, the business may not survive. With no family member currently to lead the company, they must do an intensive search for an individual suited not only to their industry with the right expertise and education, but the right personality to lead the company into a new era.

This company has a culture that is currently very insular and most employees effectively pass their jobs on to someone else residing in the local community who they refer for the job; so all employees really feel like one extended family. They look to each other to help one another out in times of duress either at work or personally. Although their market has been predominantly in the U.S., with little or no diversity in the workforce, they are increasingly getting inquiries from Mexico and Latin America. There are 300 employees in this major metropolitan eastern city, and the salaries and benefits have always been on a par with the industry salaries elsewhere in the U.S. Their belief in family first, timely response to customers, and honesty have been hallmarks of this family business.

The founders remaining family members are not inclined or are unable to take over the business and have called you in as their consultant to tackle the executive search. In light of the possible future demands and needs of this company, address the checklist items.

Checklist:

Identify the industry choice from the five options provided (you can name the company with whatever name you choose, but it should not be a real company). This will be the title of your paper. An example would be: Finding a new leader for Industrial Widgets Company (fill in the underlined part with your company name). Explain what the company makes or services it provides and the industry you chose from the options provided.
Summarize the problem, and the companys culture as presented in the scenario. Describe any changes that might be necessary and that will pertain to the type of personality the new president will need to have.
Explain the traits and personality factors that should be considered when selecting the next president using the Reading from Chapter 5. Include the Big Five personality traits, Hollands typology, and at least one other personality theory (for Competency) or at least two other personality theories (for Mastery) in your response (you may use the Internet but provide the source url).
Explain how the personality of the new president you described previously would benefit the employees and the success of the company going forward.
Submit your 810 slide PowerPoint presentation with no more than five bulleted items per slide, using 24-point font, with either audio (or speaker notes below each slide) with additional title and reference slides to the Dropbox.

Minimum Submission Requirements

Address all the checklist items using correct English grammar and spelling and submit your original PowerPoint presentation with no more than five bulleted items per slide. Then include speaker notes to provide details concerning each bulleted item (below each slide) or audio should be provided for each slide.
Be sure to cite both in-text and reference list citations where appropriate and reference all sources. Your sources and content should follow proper APA citation style. Review the APA citation style found by accessing the Academic Tools area and choosing the APA resources. Your presentation should include an additional title slide and it should be using 24-point font, with correct citations, Standard English with no spelling or punctuation errors, and correct references (on the last additional reference slide.)