Leader and Leadership Assignment 2022

LEADERS AND LEADERSHIP

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Leaders And Leadership
Table of Contents
Introduction................................................................................................................................3
Concrete experience...................................................................................................................3
Reflective observation................................................................................................................3
Abstract conceptualization.........................................................................................................4
Active experimentation..............................................................................................................5
Conclusion..................................................................................................................................5

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Leaders And Leadership
Introduction
Leaders are an important part of business and selection of effective leadership style
helps in managing all other stakeholders. This study is focusing on a situation involving
leadership that has a strong impact on the mind of a leader. All the perspective of that
particular situation is being analyzed and this evaluation c and help in understanding the
experience of leaders in business.
Concrete experience
I have worked as a manufacturing department manager in an automobile firm, which
has faced legal issues for selling faulty car parts last year. This has decreased the reputation
of the firm and created a financial crisis. For managing the situation, the management framed
objectives to reduce operational costs, which impacted on employees' salary and other
benefits. This includes cutting daily wages by 5%, cutting additional bonuses and eliminating
families of employees from medical and insurance facilities. This has created conflict
between employee and management and they resisted the change. They decided to call a
strike, which can impact the firm financially. However, I as a leader described the whole
situation to them that the company is facing and sought ideas from employees regarding
alternative ways to reduce the impact of the financial crisis.
Reflective observation
In the above-mentioned situation, I had felt the situation of employees. They are
earning members of their family and sudden changes in remuneration have forced them to
face financial crisis. The employees were giving their best effort to the company and after the
legal issue, they were asked to compromise in terms of salary. They had failed to secure their