Role of Effective Leadership in Business Success

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Added on  2023/05/30

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This presentation explores the critical role of effective leadership in driving business success. It discusses the impact of leadership on organizational effectiveness, productivity, and profitability. The presentation also delves into Jeff Bezos's leadership style and strategies for Amazon's success. It highlights the importance of clear vision, communication, and prioritizing customer service in effective leadership. The presentation concludes with tips for enhancing effective leadership in organizations.

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Role of effective leadership in
business success
Presented by:

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Introduction
In any role of leadership, it is critical to be an effective leader.
A effective business leader gives foundation to the success of any
business
A business in the absence of effective leaders, can never reach its full
potential.
Good leadership is a management function maximizing businesses ability
of becoming productive and result oriented (Eisner 2016)
2
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Role of leadership in achieving organisational
success
Leaders by motivating and inspiring the employees influence the
effectiveness of organizations.
A clear vision of the company’s strategic direction is expected from leaders
by the committed and loyal employees.
A leader’s clear and concise communication on a regular basis ensures
employees know what to do.
Leaders with this type of structure, enable organizational effectiveness,
productivity, profitability and success (Ritala, Golnam and Wegmann 2014)
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Jeff Bezos : Biography
4

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Jeff Bezos’s Leadership
Type
A Visionary Entrepreneur
1. Transformational leadership
His visionary and inspirational leadesrship highlights relations-oriented, suppotive
and developing behavior
Change-oriented behaviours, appealing vision, encourages innovative thinking
(Henry 2017)
2.Transactional leadership
Jeff Bezos has sharp focus on Customer convenience and is obsessed over
customer is king approach where he focuses on role of supervision, arrangement
and performance
Uses reward and punishment to motivate and Jeff Bezos has strict line of
command and for him obeying the rule that customer is king is primary to be
practised by everyone at Amazon.
3. Jeff Bezos good leadership encompasses autocratism, democratism and Laissez-
fairism applied concurrently depending on the situation 5
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6
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Leadership Traits
Building upon exisiting infrastrucures
Never fear rejections
Sticking with a project till end
Adopting a ‘regret minimiztion strucutre’
Building a team
Maintaining a ‘Beginner’s Mind’ (He, Standen and Coetzer 2017)
7

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Remaining grounded
Adapting long-term thinking
Knowing the odds, but doing it anyway
Having interests outside of writing
Building ‘Your Story’
Averting the path of least resistance (He, Standen and Coetzer 2017)
Continued..
8
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Jeff Bezos’s leadership qualities and skills
Prioritize customer service
Being little crazy
Have a small group or team
Customer should come first
Long-term thinking
Risk taking for marketing leadership
Making employees think like owners
Three Big Ideas (Tremaine2016)
9
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Leadership drives Amazon’s performance
Leadership style encompassing both visionary and a pacesetter
is exhibited by Jeff Bezos.
Visionary leadership style shapes his vision for directing Amazon
from the outset and this has driven Amazon’s exceptional
performance where revenue in 2017 was 177.866 bn USD, with
operating income 4.106 bn USD
Pacesetter leaders, unlike visionary leaders focus on setting
performance standards to carry out the vision.
Bezos is a rare breed in clearly stating a vision for Amazon and
set expectations for superb performance to obtain the target 10

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Jeff Bezos: 3 Strategies for
Amazon's Success
Standards are contagious
Set clear, realistic expectations
Staying involved with the people
you’re serving (Aversa, Haefliger and Reza 2017)
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How effective leadership in organisations can be
enhanced
Effective leaders establishes a clear vision,
communicates with enthusiasm and inspires
subordinates in taking actions.
Effective leadership in organizations can be enhanced
by
i. Establishing standards
ii. Provide Mentoring
iii. Building Team
iv. Trust Developing (Aversa, Haefliger and Reza 2017)
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References
Aversa, P., Haefliger, S., & Reza, D. G. (2017). Building a winning business model portfolio.
MIT Sloan Management Review, 58(4), 49-54. Available:
https://search.proquest.com/docview/1916720866?accountid=30552
Eisner, S. (2016). The "in-factor": Signature traits of innovation's leaders. Journal of Applied
Business Research, 32(1), 185. Available:
https://search.proquest.com/docview/1778071018?accountid=30552
He, L., Standen, P., & Coetzer, A. (2017). The perceived personal characteristics of
entrepreneurial leaders. Small Enterprise Research, 24(2), 97-119. Available:
doi:http://dx.doi.org/10.1080/13215906.2017.1334225
Henry, C. (2017). Leadership and strategy in the news. Strategy & Leadership, 45(3), 47-
52. Available: https://search.proquest.com/docview/1908722264?accountid=30552
Lips-Wiersma, M., Haar, J., & Wright, S. (2018). The effect of fairness, responsible
leadership and worthy work on multiple dimensions of meaningful work. Journal of
Business Ethics, , 1-18.Available: doi:http://dx.doi.org/10.1007/s10551-018-3967-2
Rubens, A., Leah, J., & Schoenfeld, J. (2016). Using biographies to teach leadership skills: A
classroom example. Journal of the Academy of Business Education, 17, 116-133. Available:
https://search.proquest.com/docview/1874619748?accountid=30552
Ritala, P., Golnam, A., & Wegmann, A. (2014). Coopetition-based business models: The case
of amazon.com. Industrial Marketing Management, 43(2), 236. Available:
https://search.proquest.com/docview/1509455282?accountid=30552
Tremaine, R. L. (2016). THE HIGH FLYING leadership qualities: What matters the most? 13
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