Question

EFT, Inc. wants to empower and engage its employees. They have several teams consisting of highly skilled employees and no one person on these teams has a specifically assigned position. Instead, employees lead each other as the occasion arises, so there is no formal hierarchy or organizational chart. This type of leadership is known as

Answer 1

Answer: shared leadership

Explanation:

Shared leadership occurs when the employees in a company lead each in order to achieve a successful outcome.

In shared leadership, the team environment relies on a shared voice and purpose. In shared leadership, the human resources in the company are maximized by empowering the employee and then giving them an opportunity to take up leadership positions.

Shared leadership are most effective when organizations are utilizing teams to achieve organizational objectives.