What it Means to be a Leader
Then, respond to “what it means to be a leader.”
We often think of leaders as holding positions of authority, such as presidents and CEOs of big-name corporations or prominent leaders of non-profit organizations. However, in John Maxwell’s article Lead From Where You Are he states that the number 1 misconception people have about leadership is the belief that leadership comes from having a position or title. Before reading this article, what would you consider to be defining traits and behaviors of a successful leader? Has your perspective changed after reading the article? If so, how?
Analyze the potential impact of eliminating the retrospective application of the equity method to increases in previously held ownership interests that result in significant influence and control, which qualify for using the equity method.
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