Leadership in Business: Assignment

Running head: LEADERSHIP IN BUSINESS
LEADERSHIP IN BUSINESS
Name of the Student:
Name of the University:
Authors Note:

1LEADERSHIP IN BUSINESS
Leadership is a vital function within a management that helps in achieving the group
goals and maximizing the organizational efficiency. Leader is generally an individual that
initiates an action by communicating the plans and policies to all the subordinates where the
performance actually starts. I acknowledge leadership as an influence relationship among all the
followers and leaders. They are the individuals that make real changes in the business
environment by reflecting their shared purposes. As per Rakowski and Mongan (2014)
leadership is a people activity and is responsible for managing all the organizational aspects.
In the current scenario, the concept of leadership has slightly changed due to various
factors. This is due to the fact that world is changing because of increasing scandals and
insecurity, terrorism and therefore strong leaders are required in such circumstances. Previously,
an individual should be stable, competitive, uniform, self-centered and control the business more
efficiently. While recently, leadership involves empowerment, effective collaboration, serves
higher purpose by practicing a diverse workforce. I think it’s the perfect time for all the mangers
to move towards empowerment, leadership valuing change and become an effective leader.
Although management cannot be replaced by leadership as both the skills of leadership and
managerial efficiency is required to effectively guide the organization.
As mentioned by Hirst et al. (2016) the leadership function related to the management is
often authenticated or supported by various theories. I observed that cotemporary theories mostly
lay emphasis on the situational factors, such as job structure, follower’s traits and stress level. On
the other hand, the behavioral theories lay major focus on ascertaining the relationship between
group performances and the leadership behaviors. The leader’s personality can be known in the
form of several dimensions, like extroversion, agreeableness, emotional stability and
conscientiousness and openness to experience. Through this approach, leadership efficiency can

2LEADERSHIP IN BUSINESS
be known. In addition to this, it would also help the leaders to understand their dimensions.
Leaders with high locus of control often think that they create a long-lasting impression on the
behavior of their followers. As per Kesidou and Carter (2018) leaders having low locus of
control showcases that the outcome is due to chance or result of luck and events or outside
people
Values are generally such fundamental beliefs that affect the behavior or attitude of an
individual or person. Values of the leaders are important for an effective result or outcome. I
learned that these values actually guide the choice and actions of their leader’s. According to
Bird and Mendenhall (2016) attitude of the leader is an effective evaluation of either positive or
negative aspect relating to the events, things and people. As per McGregor, there are usually two
set of human nature that is divided into two parts as Theory X and Theory Y. in Theory X, it is
assumed that individuals are lazy and tends to avoid responsibility. Such kinds of people are not
motivated to work, therefore repressive and authoritarian style of leadership style is to be
practiced. While Theory Y is based on such assumptions that people are committed to work and
take pride in their work. Understanding the people would help the leader to effectively interact
with their followers.
I think charismatic leaders help in motivating the people to more than would actually do
in spite of all the existing personal sacrifices and obstacles. The people are influenced by the
personal power of the individual rather than positional power. The influence is mostly based on
their personal qualities. As per Banks et al. (2016) mental models are such theories that people
hold relating to their behavior. They display how the behavior of the other people and other
people affect the thinking pattern and effectiveness of other people. It is significant for the leader
to foster feedback and reward teamwork. Emotional intelligence involves self-awareness of the

3LEADERSHIP IN BUSINESS
people, self-management, social awareness and relationship management of the people. Through
social awareness I think love based motivation is more important and helpful than fear based
motivation. If an individual is valued more as an individual than it provide a sense of meaning
and contribution to the community at a larger level.
I think in the recent era of globalization, diversity in workplace is highly significant.
Workplace diversity is actually the workforce that includes people with diverse culture groups
and different human qualities. The individuals are driven by major demographic changes, which
add value to the firm. Diversity makes the organization more flexible by the development of
organizational and employee’s potential. The leader in the present time should also focus on
interactive style through which they favor both the collaborative and consensual process
(Longenecker and Fink 2015). The leader should use diversity as a competitive weapon and
apply high efforts to retain and recruit minorities. Top-level commitment of the individuals
within an organization should be value diversity.
Leader should have a long-range vision that should recognize and support the diverse
organizational community. I think it is highly important for the leaders to have knowledge
related to dimensions of diversity besides awareness related to multicultural issues. As per Renko
et al. (2015) the leaders should be opened to change themselves by empowering and mentoring
all the diverse employees.
Effective managers are such who establish themselves as the focus of all the existing
information networks. This would help them to facilitate the completion of all tasks. Leader
should communicate the vision to their followers to achieve the desired goal with the same zeal.
Communication champion are highly essential to build commitment and trust for achieving the