Leadership Role

Leadership
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Leadership
Leadership Role.
David Solomon is the CEO of Goldman Sachs, tasked with leading the company through the unprecedented technological revolution of Wall Street. Despite being No. 1 in mergers and acquisitions and IPO dealmaking, the company is underperforming. Its revenues have decreased by 6% since 2010 and to $36.6 billion in 2018, with projections of further decline.
General Personality Trait.
Past business acquittances and close friends describe Solomon as a sweetheart of a guy. However, some people often misjudge him as he does not emphasize his side. However, he emphasizes his relentless attitude to try what interests him. His self-confidence and open-mindedness have allowed him to pursue his love for music through DJ gigs. However, his fears are warranted as portraying such an image can make people take him less seriously, especially if he fails at the CEO role.
Task-related Personality Trait.
Emotional maturity is essential to the execution of his leadership style. Solomon has an aggressive and, at times, combative style to accomplish his tasks. His talks are often brutal, but the employees learn to appreciate it. However, such a trait can be detrimental to the effectiveness and productivity of the employees. It is therefore advisable that he does not focus too much on blame and criticism during his dispensation of leadership
Power Motive.
His demeanor and tone act as the foundation for rigid accountability in the company: Solomon channels a strong-willed, table-pounding decisionmaker mindset and socialized power motive. Consequently, Goldman Sachs is transforming towards a company with a stricter lens for performance evaluation. Such micromanagement can be excess to which the employees might feel a lack of professional ownership
Cognitive factor.
Solomon knows the business and is intellectually capable of birth forward new ideas and leading the execution. In his pursuit of loyalty, he dismissed young analysts accused of accepting other job offers while still under contract at Goldman. This conflict of interest will lower the employee's attention and enthusiasm for the project to Solomon.
Task-related attitude/behavior.
Solomon is a big believer in discipline and making hard decisions. This mindset helps in the direction setting of creating the company's vision and using an effective strategy. He understands that his disciplinarian methods will not appeal to every employee. However, he is not afraid to make hard choices for the company's benefit. Discipline will help the company plan and manage; however, it can facilitate indecision due to overthinking.
Relationship-oriented attitude/behavior.
Millennials and gen Z make up 75% of Goldman Sachs's workforce, and they are motivated to work for Solomon. He has achieved this by aligning the employees by representing what younger generations will aspire and relate to. Changes in long-standing company traditions have ushered in a new culture that makes employees feel part of the new journey and not part of a company reliant on its history. The company is more open with employees allowed to take pictures and tinker with the dress code. Such a strategy is effective; however...