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SITUATIONSiblings Rob, 37, and Julie, 36, work in their family's $15 million medical products fi rm. Both are capable leaders and have experienced success in their respective areas of responsibility. Compared to Julie, Rob is more introverted, more thorough in his planning, and much better with detail and follow through. In contrast, Julie is more creative, more extroverted, and stronger in interpersonal skills. Since childhood, they have been rather competitive in their relationships. Their 62-yearold father is contemplating retirement and considering the possibility of co-leadership, with each child eventually holding a 50-percent ownership interest in the company Question 1 If you were to choose one leader for the firm, based on the brief description above, which sibling would you recommend? Why?
Question 2 What are the strengths and/or weaknesses of the co-leadership idea? Would you favor it or reject it?
Question 3 How could the father secure practical advice to help with this decision?
Discuss the key factors that must be considered before making the determination. Provide specific details and a rationale for your decision.
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1) Is Theory Z still relevant today?
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