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there would have been an accountant to provide proper budgeting and other related project financial management and assessments. It would have allowed for better control of how the finances were utilized in the Fyre Fest project. In addition to that

there would have been a project manager who would have assessed the situation

organizations that have professional leaders are able to develop the right hierarchies

ensure that all the employees know their roles in the company

it is clear that he lacks effective leadership qualities to ensure that Fyre Media realizes its goals and objectives. He also lacks the basic leadership qualities to lead and to inspire others. He believes in taking shortcuts and is not afraid to take illegal steps to succeed. His failure to adhere to the advice that was provided by experts in different sectors

and decision not to pay his employees after the festival had flopped clearly shows why he is not fit to lead. Exhibit A shows how a better decision making criteria would be used at Fyre Media

there is a need to begin healing the fractured walls that make up the teams within Fyre Media. A team meeting is necessary to improve the overall position of the firm. The new leadership team will brief other departmental heads on the way forward

tasks

the process and approach at Fyre Media of specifying objectives

paradigms

Fyre Media will be able to develop a detailed financial plan to ensure that they meet financial obligations to stakeholders such as suppliers and employees

and are able to provide reasonable financial projections to their financial partners. An improvement of the financial management function at Fyre Media will ensure that potential investors do not pull out of possible partnerships. For example

the independent teams that were working on different aspects never consulted each other

or communicated with each other to show the development of their progress. In fact

poor leadership is one of the main root causes that contributed to Fyre Media’s failure in executing the much publicized Fyre Festival. The leadership displayed blind positivity devoid of optimism and realism. The leadership lacked the basic abilities to weigh the position of a company

simple tools of internal and external environment analysis such as SWOT (strength

his delegation skills were exaggerated to a point of bordering neglect. He failed to listen to his team

despite the knowledge of his many flaws and incapability. One of the main strengths of a leader is to acknowledge what is a challenge to them and opening up avenues for others in their team to help in the weak areas. McFarland lacked the experience to plan an entire project from start to finish and all the relevant in between events. His last major venture

performance

and satisfaction of employees and other major stakeholders. The role of the leader/manager is to guide his/her organization to choose the best path in line with the goals and objectives of a project or the corporation. Although McFarland is very good at inspiring confidence and instilling a sense of success