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Contemporary Leadership Styles Assignment

   

Added on  2021-05-10

7 Pages1357 Words94 Views
Contemporary Leadership Styles and their Relevance in Today’s Changing WorldResearch and scholars studies regarding contemporary leadership theories and models provedthat traditional theories were more of ‘bureaucratic style’ where major focus was given tophysical production instead of knowledge- oriented economy. According to various scholars andcritics, the previously derived leadership theories were specifically made keeping in view maleleaders means they were masculine orientated. Let us have a glance that how scholars criticizethese leadership theories and how these theories will go smoothly with today’s world wherewomen are also found as the leader of different organizations.According to DANIEL, C. (2017), the basic issues arises where today’s leaders declare that theyneed to adapt a new style of leadership because according to them, leadership needs havechanged and worker’s perspective towards their leader has also been changed. Today people arenot willing to accept an authoritative leadership rather they appreciate an autocratic form ofleadership where a leader deals in a friendly and motivating manner. Latest research has shownthat as women are much concerned about their professional career today, many organizations arecontrolled by women so need of the day is that leadership style should be more oftransformational due to women leader who believe more in reward offering for motivatingworkers as compared to men. To understand this concept well that how contemporary andadvanced leadership theories are appropriate to be practiced today, we have to analyze deeplychallenges faced by today’s leaders.Challenges Faced by Today’s LeadersDIFFERENTFACTORSTRADITIONALLEADERSHIPAPPROACHESCONTEMPORARY LEADERSHIP APPROACHESEmergingDay to day changes in technology and people’s approach
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market ForcesSteadiness towards work and lifeChangingEnvironmentAs per Gitsham, M.(2012), change was supposed to be made only in case of emergencyExpected changes due to innovative ideas and machinelearningEffects onBusinessOnly affected by localconditionsBusiness needs to be changed on global level Working Style Bureaucratic Approach,Rules orientedShared /combined vision, long term goals focusPrevious Leadership Theories and Today’s WorldThe traditional leadership style rely more on personal traits of a leader like his intelligence,behavior and approach towards work and how do they leave an impact on their team’s outputwhile the contemporary leadership requires to revolve around rational and collective type ofteamwork rather than an authoritative style. According to Gitsham, M. (2012), usuallycontemporary leadership consists of transactional and transformational leadership theories andhere we will see that how effectively these two leadership styles fulfill the general requirementsof a leader and his followers.Difference between Transactional and Transformational Leadership
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Mukoro, E. (2017).Transactional leadership theory requires the leader to emphasize more on reward and penaltysystem to extract maximum output from the worker. Moreover, the company’s goals andobjectives are the major focus of the leader while transformational leadership theory explainsthat the leader should portray himself as a role model through his conduct so that the followerscan adapt his traits in order to attain the combined goals of the company. Whereas leadership styles are concerned, the basic leadership styles are mentioned below;AuthoritarianDemocraticLaissez-faire All the above mentioned leadership styles reflect different approaches of leader towards workand their followers. As the name reflects authoritarian leadership style refers to all decisions andpolicies to be made by the leader alone and followers are not appreciated if they want to interferein formulating company policies. As per Kettnaker, J. (2018), today this approach isconsidered as quite strict but at certain level when attainment of company’s goals is the mainconcern, this style can be followed.
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