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Leadership in SME Business / Organisational Environment

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Added on  2020-02-05

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Self-reflection has enhanced appreciation of issues to address in developing future potential to contribute effectively in a SME business /organisational environment 4 CONCLUSION 7 REFERENCES 1 INTRODUCTION Leadership is a philanthropic concept which can be successfully applied in every phase of life and in diverse circumstances. Critical review of literature relating to the importance of leadership and leadership in SMEs It has been rightly stated by Pamfilie, Petcu and Draghici, 2012 “there are four essential factors of a business organizationwhich constitutes

Leadership in SME Business / Organisational Environment

   Added on 2020-02-05

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Developing ResearchInformed Learningand Practices
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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................11. Critical review of literature relating to the importance of leadership and leadership in SMEs................................................................................................................................................12. Self-reflection has enhanced appreciation of issues to address in developing future potentialto contribute effectively in a SME business /organisational environment.............................4CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................1
Leadership in SME Business / Organisational Environment_2
INTRODUCTIONLeadership is a philanthropic concept which can be successfully applied in every phase oflife and in diverse circumstances. It is a benevolent art and science of managing people byleading and integrating the efforts of the teams’ members towards purpose for which it wasinitially formed. It can be applied apparently in every organization, schools, and colleges andvaried other fields. Main purpose of the current research is to develop an insight on the variousaspects and significance of leadership for the small and medium size enterprise in the UnitedKingdom. The report covers the various leadership styles, theories, models, functions,imperativeness and critical reflection of the same while implementing in the organization. Aclear demonstration has also been made on the needs and requirements of the SME and itsrelative importance in leadership (Wright and et.al., 2015).TASK1. Critical review of literature relating to the importance of leadership and leadership in SMEsIt has been rightly stated by Pamfilie, Petcu and Draghici, 2012 “there are four essentialfactors of a business organization which constitutes of Capital, Labour, Land andEntrepreneurship” (Pamfilie, Petcu and Draghici, 2012). In order to lead all these factors in themost prominent manner a company needs a potential leader who is capable enough to managethe resources in the appropriate manner which renders high benefit to the company. Another veryessential resource that an enterprise possesses is a good leader who is efficient enough to managethe activities of it an able to lead and motivate the people to achieve the goals and objectives ofan organization. They are the ones who have potential and capabilities of transforming thecompany's vision and mission into reality (Overall, 2015). Hunziker and et.al., 2013 has correctly mentioned that “it has been generally seen that theorganization compete for their product and services with their rivalries” (Hunziker and et.al.,2013). Contrary, it is not so as companies have the tendency to fight for better leaders which areefficient enough to lead the workers of a corporation. Capable leaders and motivated employeesresult in producing a innovative product that aids in development of an organization. A Leader is a person who leads a group of people that are working with no motive for anorganization. It is the one who is successful in directing the subordinates by combining theirindividual goals and objectives to that of the organization. Some of the imperious functions that aleader perform are training and developing the employees, protecting them from the internal as1
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