Leaders Challenges faced by the leaders It can be evaluated that the major role that is considered by the leaders focuses on managing the basic operational functions of the company. Leaders are known as the person who emphasizes on boosting the growth with the aim of maintaining the satisfaction level of the employees. It is necessary for the leaders to enhance the opportunities for the employees so that they can achieve growth in the market area (Boekhorst, 2015). Leadership is considered as the process that helps the companies in strategic planning and also helps in boosting the overall possibilities of the business in the highly competitive market. It can be stated that without effective leadership the employees will not get the guidance at the time of completing the overall activities of the company. The paper emphasizes on the challenges that are faced by the leaders but on the other hand it is important to control the challenges so that positive results can be accomplished in the challenging business world. In the last part of the paper, the emphasis will also be given on bring improvisation in the overall leadership quality that will help in managing the routine work of the company (Obholzer & Miller, 2018). In the leading business environment, there are many challenges that are faced by the companies in the present business world. In the recent business world, the challenge relates to boosting the managerial effectiveness that can assist in creating the strategic thinking and also maintain the decision process. The leaders have to face challenge at the time of implementing the different plans in the workplace. It is seen that to manage the organizational functions is considered as the difficult task as there are many decisions that has to be done to control the functions of the business. There are also many employees in the workplace and to understand their mindset can become the challenge for the leaders in terms of controlling the overall process of the management. Therefore, it is evaluated that managerial effectiveness is considered as the major challenge that is faced by the leaders at the time of managing the overall process of the business in today’s era (Griffith, Zeni & Johnson, 2016). Communication can be the challenge that can impact the activities of the business. It is observed that to communicate effectively with the employees is also one of the challenges that take place in the workplace. There are leaders who are not able to connect with the employees when there is a need to have control over the operations. There are many cases when it has been seen that expectation level of the employees is high and it creates difficult for them to fulfill the 1
Leaders expectation level at the time of maintaining the operations. It can be seen that transparency is also difficult to be maintained with the employees at the time of managing the strategies of the organization. In this case, the leaders should emphasize on two way communication so that the leaders can manage the overall challenge in the workplace. There are different backgrounds of the people so to consider their views and opinions can be the challenge. So, to communicate effectively it is important for the leaders to control the operations effectively (Harold & Holtz, 2015). Change management is known as the challenge that is faced by the leaders in the present era. The process of change is related with the standardized process that focuses on variant types of the business environment. When the changes are made in the workplace, the leaders face the challenge related with resistance to change from the employees. It creates difficulty for the leaders to induce the employees to accept the change. In relation to this it is necessary for the leaders to focus on considering the change management strategy so that employees can learn about the change that is made by the management. It will also help in reducing the challenge that relates with the change of the attitude towards the organizational activities (Harris & Jones, 2015). The next challenge that is faced by the employees is concerned with motivating the employees in the highly competitive business world. It is analyzed that to influence the other employees mindset is one of the challenge for the leaders as they have to consider different techniques. In the present era, it can be analyzed that it is one of the toughest job for the leaders to change the mindset of the employees towards the assigned activities of the company. This challenge mainly deals with inspiring and leading the team in the workplace. In the organization there are many employees but they belong from different background an also have different mindset (Haynes Hitt & Campbell, 2015). To boost the employee’s motivation it is necessary for the leaders to emphasize on satisfying the basic needs as it can be strategy that can assist in enhancing the level of motivation among the employees. By examining the business environment, it can be said that employees have more opportunities so it is difficult to motivate them by analyzing the today’s business world. It can be stated that the challenges are important to be managed so that growth and also functioning of the organization can be controlled in a proper manner (Afsar, Badir & Kiani, 2016). 2
Leaders To handle the conflict is the challenge in which the leaders get confused and it creates difficulty for them to consider the best solution. In the company if the conflicts are not managed effectively then it can create dissatisfaction among the employees in the workplace. The challenge focuses on creating and also implementing the formal process for managing the conflicts. So, it can be stated that the challenge enhances among the leaders but it is important to be managed effectively so that growth can be attained. The different employees have different perceptions so to evaluate the best idea is one of the major challenges that create difficulty for the workers in relation to manage the work in the today’s business world (Babalola, Stouten, Euwema & Ovadje, 2018). The challenges faced by leaders in the modern era are necessary to be addressed to make sure that organizations are able to effective conduct their operations to maximize their profitability. There are various changes which are necessary to be made in the way leadership is framed and understand to meet those challenges (Van Wart, 2013). During complex and uncertain times, it is important that these changes are implemented to achieve corporate goals by enterprises which also assist them in achieving their corporate goals. The traditional approach of leadership was focused on profit maximization goals, and the ability of the leader was assessed based on the performance of the company. In today’s era, the role of social responsibility of organizations has increased, and leaders are expected to make sure that they implement effective policies that are targeted towards creating a positive impact on society rather than solely focusing on profit maximization (Shuck & Herd, 2012). Since leaders are responsible for forming business strategies and take decisions on behalf of the enterprise, they are responsible for showing the direction to the company (Kaiser, McGinnis & Overfield, 2012). The perception regarding leadership should be changed to understand other roles of leaders in the workplace. Currently, issues such as lack of motivation, ineffective change management and non-availability of management effectiveness are key factors that are affecting the profitability and performance of organizations and these challenges should be addressed by making changes in the way leaders are perceived. One of the key changes which are necessary to be made is relating to the behavior of leaders. Many successful leaders such as Bill Gates and Tim Cook has shown that they can successfully lead major organizations while also focusing on the interest of a diverse range of 3
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Leaders stakeholders rather than solely focusing on profit maximization (Vincent-Hoper, Muser & Janneck, 2012). Both of these corporations crossed the mark of $1 trillion market capitalization which shows that they are highly profitability; however, these corporations also focus on the interest of their employees, customers and other stakeholders (Warren, 2019). These leaders show enthusiasm towards their employees to make sure that their rights are not violated in the workplace and they receive adequate facilities to make sure that they effectively conduct their business operations. Thus, bringing humanization elements in the leadership is necessary to change the perception of the people toward leaders to make sure that the latest challenges are addressed in an appropriate manner. The leaders are also expected to focus on fulfilling the gap in the talent of the company to make sure that adequate resources and opportunities are available for employees to develop their skills (Hite, Nandedkar, Mercer & Martin, 2014). The perception of the leaders should be changed, and they should focus on investing in the development of professional skills and overall wellbeing of employees by providing them opportunities to work on their skills and develop their overall personality. Through these development and training facilities, companies are able to fulfill their talent requirements by making sure that adequate workforce that is talented enough to manage the requirements is available. In the financial and business services sector, there is a requirement of 10.7 million workers by 2030 which shows a shortage of talent (McLaren, 2018). Similar talent shortage is also present in many other industries such as technology, manufacturing and others. In order to address these challenges, it is necessary that the perception towards leaders is changed and they are able to effectively manage their business operations. Due to complexity and uncertainty in the market, the leaders have to adapt themselves to make sure that they implement policies which enable them to remain agile in the market to stay relevant in adverse market conditions (Kaiser, McGinnis & Overfield, 2012). It is important that changes must be made regarding leadership to make sure that adequate policies are implemented by the leaders that promote innovation in the workplace. The leaders are no longer obligated to just focus on managing the operations of the company; instead, they have to rely on the innovative business approach to make sure that they implement policies which are targeted towards addressing major challenges faced by the company. The leaders have to make sure that the implement policies in the workplace that are targeted towards assessing the 4
Leaders key challenges faced by the company (Hite, Nandedkar, Mercer & Martin, 2014). They are also expected to make sure that they promote employee engagement in the workplace by allowing employees to contribute in the decision making process which leads to the formation of better organisational policies which sustain their growth of the company. The role of leaders is changed, and they have to take these factors into consideration to make sure that the company is able to conduct its operations in the adverse market conditions. Another misconception regarding leadership is that leaders know what is best for the organisation and they should be the ones who form business strategies for the organisation (Tuckey, Bakker & Dollard, 2012). However, this creates a hostile working environment in which employees are not motivated since they feel pressured and they also find it difficult to work with productivity. This perception of leaders should be changed to address the current challenges. The leaders should effectively engage with their employees to make sure that they understand the issues which they are facing in the organization through regular meetings. The leaders should not enforce policies on employees which lead to creating a negative working environment for them in the organization (Knapp & Feldman, 2012). They should motivate them by involving them in the decision making process which will enable the leaders to make sure that they address the challenges faced by employees which is crucial to improve their productivity (Vincent-Hoper, Muser & Janneck, 2012). These misconceptions regarding leaders adversely affect the way leadership is understood and framed, and it is important that appropriate actions are taken by modern organizations to implement these changes which enable them to make sure that they address the current market challenges that hinder the growth of the company. 5
Leaders By analyzing the challenges it is recommended that it is important for the leaders to be disciplined towards the work. If discipline is not maintained by the leaders then the challenge may arise related with inspiring the workers. The leaders should be disciplined so that it could be easy to inspire the employees and also it will assist in motivating the employees. If the leaders are disciplined then it will be easy to meet the deadlines of the activities. The discipline can be maintained by the leaders if they emphasize on conducting the meetings on the regular basis. If the meetings are conducted on frequent basis then it will help in considering the views and opinions of the employees and it will help in reducing the challenge related to resistance of the employees. It can be stated that if views are taken into consideration the leaders can solve it in an effective manner and it will also help in boosting the motivational level of the employees towards the assigned work (Heifetz & Linsky, 2017). To lead the team is also the challenge for the leaders so that it can be controlled if focus is given on considering the basic needs of the workers. The leaders should consider the decision making skills in which they should emphasize on considering the right decision which is beneficial in managing the operations of the business. The different requirements should also be met by the leaders so that employee’s retention can take place in the workplace. In relation to this, the leadership traits on which the emphasis should be given is emotional stability (Herman, 2016). This is the best approach that can focus on managing the operations and also develop the leaders and their leadership. It is important for the leaders to have the capability of managing the stress in the workplace as it assists them to focus on the challenges that are faced by the employees. It is necessary to focus on controlling the operations that are necessary to be considered so that the outcome which is attained after that is positive. It can be analyzed that enthusiasm is also the leadership trait that should be considered by the leaders as it helps the leaders to be active and also focuses on being expressive and energetic. It is stated that it is important for the leaders to be optimistic and open so that the emphasis can be given on managing the difficult situations. This is one of the best ways that can help boosting the leadership and the leaders in the highly competitive market. It is important to manage the activities of the organization by emphasizing on this leadership trait. It can assist in motivating the employees to be efficient towards the work and also it creates long term relation with the 6
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Leaders employees. Therefore, it can be stated that this is considered as one of the effective approach that can assist in managing the organizational activities of the company (Kaptein, 2017). Authoritative leadership style also plays an important role in managing the leadership skills in the workplace. It is examined that the leaders should focus on setting the rules and policies of the company so that the goals can be attained and it is important to be considered as it helps in managing the organizational operations. So, it can be stated that with the help of this approach it could be easy for the leaders. The leaders should also emphasize on the innovative leadership in which it could be easy for leaders to solve the complex problems that takes place in the workplace. It is necessary for the leaders to be good at the time of predicting about the future and also the emphasis should be given towards considering the new ideas that can assist in maintaining the control over the different operations (Liao, Liu, Kwan & Li, 2015). The leaders should also embrace the emotional reactions of the employees in relation to change. Human cognition and also emotions are taken into consideration by the overall system of the company. When the leaders convince the employees then it is important for them to emphasize on emotional sensitivity as it helps in maintaining the passion and also focuses on maintaining trust towards the activities performed by the management in the workplace. It is necessary for the leaders to be passionate towards the work as it helps to resolve the challenges related with the change management in the workplace (Meng, 2016). To boost the leaders and leadership program the employees should be honest towards their employees. They should not be biased in the relation to the employee’s stability. It has been seen that the decisions that are taken by the leaders in the workplace should maintain equity so that it could be easy to focus towards accomplishing the set objectives. If the leaders are honest then it creates positivity in the mind of the employees (Nielsen, Skogstad, Matthiesen & Einarsen, 2016). By analyzing the overall activities, it can be concluded that it is important for the leaders to emphasize on managing the challenges that are faced in the today’s business world. It is necessary for the leaders to emphasize on different leadership traits such as honesty and enthusiasm should be showed so that it could be easy to attain the goals and objectives in the market. The leaders also consider the emotions of the other individuals so that it could be easy 7
Leaders for them to manage the overall operations in relation to the activities of the company. Therefore, it can be stated that leadership can be challenges but it is important for the leaders to deal with the situation in a proper manner so that operational activities can be managed. 8
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