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Leadership in Business - Assignment Solved

   

Added on  2021-05-31

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RUNNING HEAD: Leadership in business 0Leadership in Business

Leadership in business 1The activity of leadership is the activity of leading in a group or organisation. Leadership involves establishing and sharing a clear vision with others so that they can follow freely. It isalso the ability to influence others to seek objectives. This essay is all about the leadership in business. This essay discusses what I learned from leadership and how my definition of leadership changed from week one to week nine. It includes what I learnt from the subject and how the subject will be beneficial to me in my future work as a leader. The essay also includes the additional aspects of leadership which I require to develop. Further it also explains how class readings, class activities and observations help me to understand and implement leader concepts to life and work experiences. Finally the access to leadership development opportunities in the future have been critically analysed to improve leadership skills (Renko, El Tarabishy, Carsrud & Brännback, 2015). Leadership is the ability to influence behaviour of subordinates for a particular course of action. In the past leaders used to be authoritarian, demanding and dominating. It was believed that few people were not capable of being great leaders. The definition of leadership keeps on changing time to time. According to Winston & Patterson, 2006, in the week one of X year I learnt that leadership is just about the ability to influence and guide one or more followers and members to achieve mission and objectives of the organisation (Winston & Patterson, 2006). But leadership is not just limited to influence members. As I learned in the second and third week that leadership influences people with the aim of to direct activities of group. The leadership is authenticated by various theories. These theories of leadership are possessed by leaders such as great man, trait, contingency, situational, behavioural, participative, management and relationship theories (Banks, McCauley, Gardner & Guler, 2016). The great man theory argues that capacity for leadership is inherent which assumes that great leaders are born not made. This theory portrays that leaders are born with characteristics such as confidence, charisma, intelligence and social skills. The trait theory considers great man theory and assumes that people inherent certain qualities which make them better suit to leadership. This theory recognises a particular personality shared by leaders. For instance courage, self-confidence and extroversion are key features of leadership and are potentially linked to great leaders. The contingency theory determines which type of leadership is best suitable as per the situation. This theory argues that no leadership style is best in all situations. It strikes the balance between behaviour, need and context. Effective leaders can assess the need of followers and adjust behaviour accordingly. The situational theory assumes that leaders use the best course of action based on the situation variable (Shin,

Leadership in business 2Sung, Choi & Kim, 2015). There are various styles which are appropriate for the definitive decision making. For instance, authoritative leadership can be appropriate for the most knowledgeable and experienced member of group. The democratic style is opted where groupmembers are experienced and skilled. The behavioural theory believes that leaders are not born, they are made. It focuses on the action of leaders not on their internal state (Chang, Chen & Chiou, 2015). People can attain leadership through teaching and observation. The participative theory takes input of others into account. The leaders encourage participation and contribution from group members. Such group members are more relevant and committed to the decision making process. As per management theory, focus is given on supervision, organisation and group performance. This theory is based on system of reward and punishments. This theory is often used in businesses where the employees are rewarded when they are successful and punished when they are failed or unsuccessful (Blakeley, 2015).The relationship theory is focused on the relationships between leaders and followers. Such leaders motivate and encourage people by helping group members. For instance, transformational leaders focus on the performance of group members and have high ethical and moral standards. An effective leader possesses all the qualities and use type of leadership wisely according to the situation. In the 4-6 week I got to learn that leadership is a trait whichshows that leaders are born with various personality traits. When the two events occur in a way that one is the result of another event than they have cause and effect relationship (Choi & Kim, 2014). The action of leaders influences followers. Influencing followers makes a person leader. It reflects the cause and effect relationship. The inherent characteristics of leaders cause them to inspire. It is estimated that 30-60% of leadership is genetic. Their thinking skills make them leader. This thought is supported by the Great man and Trait theory. There are some qualities which are inherent by born leaders and make them different from others. However the lack of leadership can be corrected via training and motivation (Dinh, Lord, Gardner, Meuser, Liden & Hu, 2014). It is seen that leadership is combination of both nature and nurture. The born leaders rise through proper ranks and plotting themselves in leadership positions. The nurtured leaders are developed through development and training programs so that they can obtain skills required to grow leadership roles. Even the born leaders need to nurture time on time. They need to learn changes happening in environment to update them. The various traits should be developed such as behaviour, creativity, vision and risk tolerance. So it can be concluded that leaders are both born and nurtured. The born and nurtured leaders share the common interests like creating a learning culture. The leaders encourage being curious and learning (Kurucz, Colbert, Luedeke-Freund,

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