Suppose you need borrow $10,000 to resolve a personal matter (for example, to buy a reliable used car to get to work, repay a student loan, or pay off credit card debt you incurred as a misguided youth). In your initial post, identify three possible options available to you and discuss the advantages and disadvantages of each.In response to your peers, compare your own suggested options with those of your classmates. Offer additional advantages and disadvantages that your classmates may not have thought of.

CompetencyAnalyze leadership and management roles in change management.InstructionsAn effective leader must possess the skills, emotional intelligence, and knowledge base to influence and convince the members of the organization to not only adopt, but to become advocates for the change that the leader seeks to implement.In order for one to develop the leadership skills that are required to affect change within the organization, one must become familiar with a variety of approaches previously utilized by successful leaders and managers in organizational transformation.For this assignment, utilize the Rasmussen Business Library resource to research a business case study of an organization going through strategic change. Then research two leadership strategies that have been used to successfully drive organizational change during the past 10 years. Once you have located these strategies, write a paper analyzing the effectiveness of each strategy, and relate how effective management strategy alone may well be challenged to achieve desired change without effective leadership. In your analysis, address the following:Identify and research two leadership strategies.Develop a description of the leadership strategies.Formulate an overview of how the strategy is used and rate its effectiveness.Argue whether the strategy is still relevant and effective in present day organizations. Why or Why not?Describe how management alone will fall short of achieving desired organizational change without all levels of leadership effectively operating in their rolls.Please identify these strategies from references found in the Rasmussen College Library.Assignment Requirements are as follows:The body of the paper should be 2-3 pages.The paper should include an APA formatted cover page and reference page.The paper should include at least two peer-reviewed sources, such as journal articles from the Rasmussen Library.The paper should be proofread for correct spelling, grammar, and punctuation.A note about peer reviewed resources: A peer-review is a process by which a scholarly work (such as a paper or a research proposal) is checked by a group of experts in the same field to make sure it meets the necessary standards before it is published or accepted.Grading RubricFFCBA01234Not SubmittedNo PassCompetenceProficiencyMasteryNot SubmittedFails to identify and research two leadership strategies.Provides a general explanation of two leadership strategies used to drive organizational change over the past 10 yrs.Provides a detailed explanation of chosen leadership strategies used to drive change over the past 10 yrs.Provides a thorough explanation of chosen leadership strategies. Includes detailed research and argument of whether strategies still hold relevance today.Not SubmittedFails to develop a description of two leadership strategies.Provides a general description of two chosen leadership strategies. No detail.Provides a detailed description of chosen leadership strategies used to drive change over the past 10 yrs.Provides a thorough description chosen leadership strategies used to drive change over the past 10 yrs.Not SubmittedFails to formulate an overview of how the two leadership strategies are used and rate their effectiveness.Provides a general overview of how the two leadership strategies are used and generally rate their effectiveness.Provides detailed overview of how the two leadership strategies are used and rate their effectiveness in detail.Provides thorough overview of how the two leadership strategies are used and rate their effectiveness in detail.Not SubmittedFails to describe how effective management alone will fall short of achieving desired organizational change.Provides a general description of how effective management alone will fall short of achieving desired organizational change.Provides a detailed description of how management alone will fall short of achieving desired organizational change without all levels of leadership effectively operating in their rolls.Provides a thorough description of how management alone will fall short of achieving desired organizational change without all levels of leadership effectively operating in their rolls. Including examples.