There is a great importance put on business leadership, this is directly due to how a business not only functions but in how fruitful the company can become. A great leader essentially can take a business plan that is weak yet turn it into a success, whereas a poor leader stands a higher chance of ruining the best of business plans. That is why it is essential to develop effective leadership throughout a companies entire management program at all levels. How does one develop or retain strong leadership? Companies must be focused on hiring strategies that encompass very specific parameters, building from within whilst creating a strong foundation for employee development and succession planning. Leadership is essential in any organization. The style and theory embraced determines whether the company will or will not achieve their goals. in all cases theory must be embraced, as a companies theory, style, and strategy is greatly dependent on the industry the company is in (Sadler, 2014). “The behavioral theory is one of the widely used theories of management. It suggests that leaders are made and not born. It gives room for training to install leadership traits in leaders at the expense of denying them a chance. There are various leadership styles embraced by companies (Cyert, & March, 2005).” This paper takes a look at the management styles of two specific
Lack of leadership has proven to be one of the leading causes of companies not meeting their targets, and that's where Welch's four principles of establishing Mission and Values, applying Candor, implementing Differentiation, hearing the Voice of the team and rewarding accordingly have become very useful in building a strong leadership foundation. In my recent work assignment, I didn't feel I had many good examples to follow. Therefore, to delve into options of how to affect my teams' culture and support, my company's goal has led me to understand the difference between managing and leading. In this paper, I will review my leadership attributes, including any weaknesses, and study the opportunities for improvements to building a platform for effective leadership.
Leadership can be defined as the process of identifying a goal, motivating others, and make them to achieve the mutually goals (Giltinane, 2013). According to Humphreys (2002), successful leaders do this by applying their leadership knowledge and skills. A good leadership is not only good at management, but also use different leadership styles in different situations. A successful corporation must has a good leader who have the flexible ability which can provide a suitable leadership to make the company successful. Furthermore, there have no perfect leadership styles in the world. Different leader have different leadership styles which also have the different strengths and weaknesses (Ali & Waqar, 2013). Leaders need to consider
Leadership is, and always has been, a vital aspect of social and economic constructs. It is essential to the survival of societies, industries, organizations, and virtually any group of individuals that come together for a common purpose. However, leadership is difficult to define in a single, definitive sense. As such, theories of leadership, what constitutes a great leader, and how leaders are made have evolved constantly throughout history, and still continue to change today in hopes of improving upon our understanding of leadership, its importance, and how it can be most effective in modern organizational cultures.
Transactional leadership styles are more concerned with maintaining the normal flow of operations. Transactional leadership is described as making contact with others for the
Slide 3- My preferred leadership style is transformational leadership, which has been acknowledged as a style capable of creating advantages for an organization. Setting a good example, clearly communicating goals and expectations, creating loyalty and group cohesiveness, and providing inspiration and motivation are all aims of a transformational leader (Muchtar & Qamariah, 2014). The benefits of effective leadership improve the organizational performance and satisfaction of employees.
Business leaders can get caught up in the overwhelming pressures of preparing their companies to grow and meet the challenges in a global economy. These leaders understand the need for organizational changes and adaptations but fall short of achieving their goals when their leadership styles do not inspire or motivate their followers. It is critical that leaders understand their particular style of leadership and the impact it has on employees, peers, and company success. The need for effective leadership is just as critical in the public sector as it is in business.
It is imperative to note that no two people share the exact same values no matter how noble they may appear. Therefore, successful leaders remain humble and refrain from making assumptions or value judgements against others. It is essential for current, effective leaders to stay in touch with their staff members and other stakeholders. Respected leaders live in the now and do not rely on their past successes to carry them through. A strong leader does what they say they are going to do and openly owns it when they fail. Additionally, conscientious leaders are not abusive towards others, get on the balcony in order to see the big picture, and do not fight on too many fronts. Lastly, effective leadership requires some flexibility and open-mindedness. Do not lock on to personal or professional core values, otherwise stakeholders become alienated and the focus becomes too narrow and personal which will isolate potential team members and potential
Leadership is essential to the success of any organizations. Strong and effective leaders must have clarity of purpose and a compelling vision to propel organizations forward. Every leader has a philosophy which is a founding principle for their belief. Successful leaders know their personal leadership philosophy and know how to communicate it in everything they do. Leaders must know who they are, their priorities, and their values. This paper will highlight my personal philosophy and the attributes that aspires me.
Good leadership is also important to run a business. Usually, in companies, management stresses more on decision- making skills. They believe a timely and smart decision will help their company to succeed. They forget that implementation of those decisions are as important as making those decision. Without a proper implementation , there will be no results. Like there is a saying that, it’s easier to said than done. Similarly, making a decision will change nothing, its how to get things done in a timely and an effective way will help an organization to accomplish their goals. Leadership is crucial in implementing decisions correctly and successfully.
According to organisational behaviour by McShane, leadership is defined as influencing, motivating and enabling others to contribute towards the effectiveness and success of the organisation of which they are members (page 382, McShane).Becoming an effective leader depends on the leader’s leadership style. Successful leaders have vision and charisma, also the leader should have an ongoing personality, talkative, careful and self-disciplined. The leader must also have self-concept
Effective leadership is a key enabler as it provides the vision and the rationale for change. Different styles of leadership have been identified, for example coercive, directive, consultative and collaborative. These different styles may each be appropriate depending on the type and scale of change being undertaken. For example, when there is a large-scale organisation-wide change a directive style has been identified as most effective.
In terms of leadership styles a wide variety exists for one to employ (Boykins, 2013). There isn’t firm consensus as to which styles prove to be the most effective. Different situations call for different approaches. In the article, Empirical Study of Leadership Styles, it discusses several leadership styles that I can relate to.
Over the years, a great deal of time, and research has been dedicate to the study of leadership. Even with extensive data on the topic, many still disagree on what leadership really means. Hence, leadership is a word that has many different meanings and different researched theories associated with it. On a basic level, leadership involves having and establishing a clear vision, sharing that vision with followers, respecting followers, and leading an organization with excellence while ensuring that everyone is part of the team. Leadership is also a method by which a leader uses his or her influence towards getting a group of followers to take ownership or buy into a vision.
A leader is defined as a person with responsibility to influence one or more followers and directing them to achieve a set objective (Sethuraman, 2014). In order to achieve that set of objectives effortlessly, effectively, and efficiently, the most important and valued trait of a leader is an effective leadership styles. Effective leadership styles are required in every organization at every level to be successful. The success or failure of an organization depends on the quality of leadership particularly on the part of top management. An effective leadership style can be developed on the basis of understanding of the situations (Sethuraman, 2014). Top management should know which leadership style is needed based on the situation to be most effective to gain trust and respect from their employee. There is no single method of influencing the behavior of employees for every situation. The employee’s level of knowledge on the task and can determine which leadership style that will be most effective for the situation. Preparing leaders to lead