Please review ALL attached files, video links, the essay prompt and use the grading rubric. Also use the template file to format the paper. Must include at least 10 of the sources, inclduing the Hughes book.
Consulting Scenario
About This Assignment
Using the following scenario, you will complete and submit an executive summary and PowerPoint presentation.
The Scenario:
Worldwide Studios Entertainment Parks (WSEP) recently contacted you to provide consulting services. The parent company, Worldwide Studios Entertainment, began as a movie studio but, over the last 20 years, diversified its business portfolio to include television, real estate holdings, and amusement parks. WSEP is the amusement park division of the company. WSEP generates $1.1 billion in revenue annually. It manages three large amusement parks located in Hollywood, Orlando, and Paris. WSEP has grown rapidly since its inception in 1998 and has performed well economically against its competition, including its largest competitor, Disney.
From WSEPs beginning, the basic business strategy has been to create parks that are more edgy and thrilling than the competition, with direct connections to recent movies. Unlike most of their competition, WSEP attractions focus on the teen to young adult market and have little to offer young children and their families.
Over the years, WSEP has recruited very bright, ambitious, and somewhat aggressive leaders from hospitality and restaurant organizations to join the organization. WSEP pays these leaders extremely well and expects them to deliver economic performance (the numbers) consistently. These leaders have indeed delivered the numbers. However, the division has become known as a tough environment where only the most aggressive and competitive leader can survive. Internal competition is high. In employee satisfaction surveys, respondents consistently rate the company low on executive leadership, management, collaboration, stress, and morale while rating the company high on advancement opportunities and compensation.
Four months ago, WSEP hired a new President, Sharon Weber, to run the division. A former Disney leader, Ms. Weber, believes that WSEP is leaving money on the table by ignoring the young children and family market. Weber immediately outlined a large-scale change initiative that includes the following key elements:
· Transform the organization into one that is less competitive and more collaborative
· Soften the aggressive nature of how leaders deliver the numbers and create more teaming behaviors throughout the organization.
· Develop new attractions aimed at young children and their families within 24 months.
Weber and her executive leadership team (ELT) have hired your consulting company to provide guidance on several organizational issues. They would like your help with the following items:
1. How might these strategic changes affect WSEPs culture?
2. What aspects, if any, of the dark side of leadership are likely to emerge during the organizational change?
3. What can WSEP do to prevent leadership plateau and derailment among its leaders?
4. Taking a systems-thinking approach, what should WSEP do in the areas of leadership selection, development, and performance management to ensure the success of these changes?
5. What should the ELT do to lead this change effectively?
You have not been hired to advise them on developing the new attractions aimed at young children and their families.
Directions
Part 1 Prepare an Executive Summary
1. Download an APA-formatted template Download Download an APA-formatted template for the assignment.
2. Write an 8- to 12-page double-spaced paper (excluding title page and references) that responds to the scenario above and serves as an Executive Summary of your thoughts to the questions asked by the Executive Leadership Team of Worldwide Studios Entertainment Parks.
o Use APA style formatting with in-text citations and references.
o This is a comprehensive assessment that should demonstrate what you have learned throughout the course. Your reference list should contain at least 10 references of course reading and video assignments,
o Submit the paper in MS Word.
Part 2 Prepare a PowerPoint Presentation
In addition to your Executive Summary, the Executive Leadership Team would like you to submit a presentation explaining your paper and advice.
1. Prepare a PowerPoint presentation with 10-15 slides summarizing your paper and ideas. Be as creative as you like, but please keep the following in mind:
·
o PowerPoint is not a paper but a presentation. So, keep your text short. Do not copy and paste sections of the paper into your presentation.
o You are dealing with a visual medium and an entertainment industry customer. So, make the slides visually engaging and simple to understand.
Assessment
You will be assessed according to the grading rubric attached to this assignment.
Required Resources: At least 10 sources. Must include the Hughes textbook.
References
Hughes, R. L., Ginnett, R. C., & Curphy, G. J. (2022). Leadership: Enhancing the lessons of experience (10th ed.). McGraw Hill.
RESOURCES: Week 1
Required Resources
Textbook Readings
· Review all the materials in the Start Here and Course Resources module.
· Chapter 1 (Hughes et al., 2022)
RESOURCES: Week 2
Required Resources
Textbook Readings
· Review all the materials in the Start Here and Course Resources module.
· Chapter 2 (Hughes et al., 2022)
Other Required Resources
· What is this thing called leadership (Dyer, 2015)Download What is this thing called leadership (Dyer, 2015)
· After-event reviews (DeRue et al., 2012)Download After-event reviews (DeRue et al., 2012)
· Video: Leadership Capital: Whats your definition of leadership?Links to an external site. (Chicago Booth Review, 2016)
· Video: Leading change by John P. KotterLinks to an external site. (BigIdeasGrowingMinds, 2020)