Application of Leadership Theories in FMCG Industry

Running Head: APPLICATION OF LEADERSHIP THEORIES
APPLICATION OF LEADERSHIP THEORIES
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APPLICATION OF LEADERSHIP THEORIES
Application of leadership Theories
in FMCG industry
Application of leadership Theories in Contemporary Organizational Management Process:
Transformational leadership:
There are five leadership theories which are applied in the dynamic world of contemporary
business. One of them is Transformational leadership.
In case of the transformational leadership the leader communicates with all the team members in
a way that enhances the motivation level as well as the level of morality (Northouse, 2018).
The application of Transformational leadership is very prominent in the real world. For instance,
if a leader like CEO of an organization attempts to apply transformational leadership in his or
her organization, the leaders must focus on the “four factors researcher”, which are-
Idealized influence:
The first o the “four factor researcher” is casting upon a charisma that convince the team
members or the member of the organization to follow the leader.
Inspirational motivation:
Transformational leaders should possess the quality to foster effective communication. In fact,
communication can be considered as the vehicle that can actually generate inspiration among the
followers so that they are encouraged to follow the leader (Van Wart, 2014).
Intellectual stimulation:

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APPLICATION OF LEADERSHIP THEORIES
One of the unique capabilities that transformational leaders should possess for the purpose of
implementing transformational leadership is the stimuli to make other think deeply which in turn
will help the followers to perceive the vision of the leader.
Individualized concern:
For the purpose of applying transformational leadership, a leader needs to show care for every
individual who is following the leader.
Leader-Member Exchange Theory or LMX leadership:
The concept of this leadership theory has been developed depending on the difference in
characteristics and opinions along with compatibility of the in –group as well as out-group
members (Antonakis & Robert, 2013).
The application of LMX leadership in FMCG Industry
The application of LMX leadership is very prominent in the real world. A leader needs to show
individualized concern and should be able to motivate the out-group members to follow the his
or her views norms as well as rules, so that the difference between the in-group and out-group
members can be eliminated and productivity can be increased.
Adaptive Leadership:
The term “Adaptive Leadership” refers to the capability of the leader to mobilize people who
work in his or her team, so that the team members can take up difficult challenges.
The behaviors that should be exhibited for the purpose of applying the theory of adaptive
leadership in real world are: