Leadership and governance PDF

Running head: LEADERSHIP AND GOVERNANCE
Leadership and governance
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1LEADERSHIP AND GOVERNANCE
Introduction
Leadership plays an important role in gaining the competitive advantages for the
contemporary business organizations. This is due to the reason that quality of the leaders helps in
determining the future business effectiveness of the organizations. In the recent time there are
number of instances where it is seen that skills of the leaders helped the business organizations in
gaining brand value and opportunities in the global market. One of the major instances is the
founder of Amazon, Jeff Bezos. He is known for his visionary skills and leadership qualities,
which helped Amazon to become one of the leading brands in the world and Jeff Bezos became
the richest person in the world (Keeton 2018). However, on the other hand, Jeff Bezos also faced
a number of criticisms for his leadership approach. Thus, evaluating the leadership approach of
Jeff Bezos will help to identify the importance of leadership for the business. This essay will
discuss about the theories of leadership along with other elements such as diversity and change
management. The leadership qualities of Jeff Bezos will be critically analyzed against these
theories. In addition, positive and negative factors in the leadership approach of Jeff Bezos will
also be discussed.
Concept of leadership
According to Long et al. (2014), transformational style of leadership is one of the most
popular and widely used leadership approaches being followed in the current time. This denotes
the process of involving the employees in the decision making process of the company and the
welfare of the employees is being given the major concentration. In addition, as per the authors,
transformational leaders are visionary and they are having the capability to lead the innovation
process for further organizational effectiveness. On the other hand, Sharma and Singh (2013)

2LEADERSHIP AND GOVERNANCE
stated that laissez-faire leadership style is another approach being followed in the recent time.
This refers to the process of initiating the style of leadership according to the organizational
situation. The authors have also stated that both the servant based and autocratic styles of
leadership are being followed in the laissez-faire leadership style.
Teamwork
Teamwork is one of the major considerations being followed in the current business
scenario. According to Fapohunda (2013), teamwork is important in the current business
scenario due to the reason that contemporary workforce is majorly diverse with having
employees from different social and cultural factors. Thus, with the help of the effective
teamwork, the connection between the employees and the managers will get enhanced and more
collective effort can be promoted. Thus, it is important for the leaders to have the capability of
initiating and promoting teamwork in the organization.
Change management process
Change management process is another important factor in the current business scenario.
This is due to the reason that current business environment is frequently changing and it is
important for the leaders to implement the internal change accordingly. According to Hechanova
and Cementina-Olpoc (2013), leadership and change management are interrelated due to the
reason that effective process of leadership will ensure low level of employee issues. There are
number of probable causes of emergence of resistances from the side of the employees, which
can be mitigated with the help of effective leadership approach.