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Leadership in Business Essay

   

Added on  2020-04-21

9 Pages2157 Words351 Views
Running head: LEADERSHIP IN BUSINESSLEADERSHIP IN BUSINESSName of the studentName of the studentAuthor Note

1LEADERSHIP IN BUSINESSIntroductionIn the current scenario, leadership skills are one of the essential tools that is extremelyas well as valuable for both the personal and the professional development (Northouse,2015). Leadership is one of the important functions of the management, which helps anindividual or the business to amplify the efficiency or achieve the objectives (Bolman &Deal, 2017).This essay deals, with the critical analysis of the two leadership styles as defined bythe current leadership theories. This essay also cites about two current business leaders whomatch to the leadership styles as portrayed in the essay. This essay also deals with theanalysis of their effectiveness in terms of the theories and the principles. This essay alsoincludes a leadership plan to develop individual leadership qualities. The purpose of this essay is to understand and explain the different styles ofleadership and specifically focusing on two of the important leadership styles as wellincorporate these styles with relevance to two current effective leaders. This essay alsoeffectively helps understand and analyze the methods to develop individual leadership stylesand qualities with the help of a leadership development plan.Task 1Leadership is the method with the help of which a person, a leader in this instance,influences a group of individuals towards the realization of any predefined and common goal(Antonakis, 2017). The efficiency of an effective leader is dependent on the style ofperformance and execution of the strategies (Giltinane, 2013). Thus, an effective leader isconsidered to know the strategies and the approaches in which others can be effectivelyguided or led.

2LEADERSHIP IN BUSINESSIn addition to the effective leadership qualities, the leadership approaches areinstrumental in defining the personal leadership styles which an individual can possiblyimplement to develop the skills (Du et al., 2013).The two main leadership styles that is specifically discussed in this essay areautocratic and democratic style of leadership (Arnold et al., 2015). The autocratic style ofleadership as the name suggests is the style of leadership where the leader has the totalcontrol and the authority In this style of leadership the entire power or authority can be vestedupon executing and imposing of crucial leadership actions such as the decision makingprocess. The autocratic style of leadership is based and relevant with the transactional theoryof leadership (Chemers, 2014). This theory lays more effort and emphasis on the vitality ofthe relationships that exists between a leader and the followers. This theory prime believes inthe fundamental proposition where the leaders would be leading the group whereas thefollowers would be following and obeying them without any hindrance. On further addition,this kind of leadership style lacks the participative nature since the staffs or the employees arenot consulted under any condition. This style of leadership is driven by the using ofstructured outline of rewards and penalty, in terms of failure to comply with the directivesfrom the leader (Chemers, 2014). The Autocratic leadership is normally effective in instanceswhere supervision is needed in urgency for getting the things to be done with efficiency. It isalso beneficial and effective in cases where the time for making crucial decisions iscomparatively less. However, this style of leadership is ineffective in terms of resentful andimmoral followers.The second style of leadership that has been adopted is the democratic style, which isalso known as the participatory or participative style of leadership which is based on the

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