Importance of Leadership and its Approaches

Leadership

Table of Contents
Introduction......................................................................................................................................3
Part 1................................................................................................................................................3
Part 2................................................................................................................................................3
Reflection.........................................................................................................................................3
Conclusion.......................................................................................................................................5
REFERENCES................................................................................................................................6

Introduction
This presentation includes the discussion about leadership and it’s importance for managing
tasks and activities.
Part 1
(covered in ppt)
Part 2
Summary
A leader is involved in inspiring other people to act simultaneously and direct ways to attain
goals. It is essential to have creative thinking in order to know the best way for managing the
organisational resources properly. Leadership skills help in maintaining and developing new
ways for enhancing the work. Leadership approaches are different for each and every person but
generally there are five leadership approaches. From five common leadership styles, the
transformational style of leadership is one in which a leader who inspires other persons in a
difficult situation and motivate them to think positive and some innovative to solve the problem
these kind of leadership known as transformational leadership. Leadership is known as the
concept of developing proper planning for handling several activities and tasks assigned to team
members. It is analysed that leadership approaches are there which can be used by leaders to
manage different tasks and activities. It is evaluated that adopting one type of leadership style is
not enough as business scenarios are different and accordingly actions are taken for completing
the goals. The different leadership styles are used by managers and leaders while taking
decisions of business include autocratic, democratic and laissez faire. There is need to gravitate
towards one type of leadership style in order to manage the working efficiency. There are several
important steps which a good leader can achieve for building own personal brand. A good leader
has to market himself and there is need to be a good storyteller for influencing other people.
Different ways to manage and lead people are considered by leaders. Some of the ways include
modelling the way, inspiring shared vision, challenging the process and enabling others to act. It
has been concluded that for becoming an effective leader, there is need for managing own
actions properly. There is need for understanding opinions of others. There are various effective
leaders present in business scenario who have been working for attaining organisational goals
and objectives. The most essential competency is emotional intelligence and empathy. These are