Leading and Managing People Leading and ManAGing PEOPLE Leading and Managing People MOL GROUP - HUNGARY Introduction 4 Analysis 5 Introduction Organizational LEADERSHIP 11 Leading and Managing People
Added on 2020-04-15
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Leadership ManagementProfessional Development
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LEADING AND MANAGING PEOPLELeading and Managing PeopleMOL GROUP - HUNGARYTable of ContentsIntroduction......................................................................................................................................4Analysis...........................................................................................................................................4Behavioral theory.............................................................................................................................7The situational theory..................................................................................................................7Environmental theory..................................................................................................................8Transformational theory..............................................................................................................9Respectful towards others................................................................................................................9Justice..........................................................................................................................................9Community building-.................................................................................................................10Motivation..................................................................................................................................10
2ORGANIZATIONAL LEADERSHIPConclusion.....................................................................................................................................11Recommendations..........................................................................................................................11References......................................................................................................................................13IntroductionOrganizational leadership is dual leadership system that helps in the systematicmanagement of both individuals and that of groups. For being an ideal organizational leader, onemust comprise of some essential traits. An organizational leader must be having a proper well-developed worldview. He must be able to know the different forces working in and around himso that he can lead all his followers in the future. He also needs to have a sound knowledge and aworldview of his organization (Nahavand 2016). This is because he will have to lead an entiregroup of people within the environment of the organization that is often critical and conflicting.An organizational leader must be having proper talent, knowledge, and skill that combine tomake up his overall strength. He must work on himself because trying to train his followers. Thispaper will mainly deal with the kind of leadership practices prevalent in MOL group which is anoil and natural gas company located in Hungary. MOL group has a unique leadership andmanagement practice system. The leaders believe in giving tough challenges to their followers
3ORGANIZATIONAL LEADERSHIPand it is through the completion of these tough and challenging tasks that the employees acquirenew knowledge.AnalysisThe two terms that of leadership and management differs from one another in severalways. It must be taken into account that not every manager can be a good leader. For being asound and an ideal leader there is some particular characteristic feature that must be presentwithin the individuals. It must be noted that the managers are the ones who usually formulate andlay down the different rules and regulations that are to be followed by the employees of thecompany. However a leader is one who will take up the responsibility of setting the vision of theorganization, It is the leader who is responsible for communicating all the goals of theorganization to the employees and it is also the leader who will be inspiring the employees towork together in order to achieve those goals. A management system will always focus on theplanning, directing the employees, staffing and any other such organizational activities.However, a leader is one who will be focusing on the different ways of directing those rulesamong the employees. A leader is one who will be listening to his followers and will make themfeel wanted within the organization. For the proper running and functioning of MOL group, it isalso very essential to see that the employees are happy. This is a global era and there are lots ofchanges taking place both in the internal and external atmosphere of the company. It is for thisreason that the leaders in MOL group are trying to develop the next generation of leaders in aproper way. It is for this reason that MOL group tries to lead and develop their followers for thechallenging tasks of the upcoming future days. The leadership and management practices that are
4ORGANIZATIONAL LEADERSHIPmainly followed in MOL Group are to prepare their followers for tough and challenging tasks ofthe future days. The leaders make sure that their followers are able to fight the toughcompetition. MOL Group has set up two distinct kinds of leadership styles working within theircompany,one is the LEAD and the other is INTENSITY (User 2018). The LEAD mainly comprises of three different talent pools
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