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DISCUSSION #1: DEFINES THE FOUR MAJOR QUALITIES NECESSARY TO BE A SUCCESSFUL 21ST CENTURY LEADER.
DISCUSSION #1: Defines the four major qualities necessary to be a successful 21st centuryleader. Adaptability (change leader), knowledge management, sustainability, culturaldiversity, gender, and generational diversity.Joan has a necklet business and has developed her jewelry designs to a point that she has beenrunning a million dollars yearly gross sales. However, a group has made similar designs and soldthem to QVC and HSN about six months ago. She was working with them up till now. In the lastsix months her sales dropped twenty percent. In fact she can see a real dip coming in the nextmonth. However she has picked up three new national chain stores which should pick things upconsiderably. The sales won’t make the profit columns until next year. If she can convince herstaff to take a significant pay cut she will be able to reinstate their full salaries in the 9 to12months.Create the first few paragraphs of the speech that she will give in the hopes of keeping heremployees. You may add facts to the scenario or add to your speech anything you think isreasonable for after the 9-12 months. However, adaptability and change are the paramountideas that Joan must address in her leadership actions.