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Leadership Management Assignment 2022

   

Added on  2022-10-11

13 Pages3790 Words46 Views
Leadership ManagementProfessional Development
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Running head: LEADERSHIP MANAGEMENT
Leadership management
Name of the student
Name of the university
Author note
Leadership   Management  Assignment  2022_1

1LEADERSHIP MANAGEMENT
Introduction
In the current business scenario, one of the major factors that should be considered to
gain competitiveness is the leadership. This is due to the reason that the more effective will be
the leadership process, the more will be the internal management effectiveness. Irrespective of
scale of operation for the businesses, leadership roles will help to lead the employees to the
maximum productivity and performance and gain the maximum return from the market.
However, it should also be noted that leadership roles will be effective only if they can be well
aligned with the external business situations (Duff 2013). Different business entities are facing
different and diverse sets of external business factors and leadership styles should be designed
accordingly. In accordance to this fact, there are different leadership theories being promoted by
the authors.
In the given case, it is identified that Rachel has initiated a few leadership approaches in
building her own pharmaceutical company. However, she was willing to have different business
and operational approach as compared to other conventional pharmaceutical companies. In doing
so, she also possessed different leadership approach. However, in the given case, it is also noted
that the leadership style possessed by Rachel is getting ineffective with the growth of her
company ICCR. Thus, she is having the need to evaluate her existing leadership strategies to
have the long term viability. This paper will critically analyze the different leadership styles and
theories and based on that, the leadership roles and skills of Rachel will be evaluated. A few
recommended steps related to the leadership approaches will be stated in this paper, which will
further enhance the long term viability of ICCR.
Critical analysis of the leadership theories
Leadership   Management  Assignment  2022_2

2LEADERSHIP MANAGEMENT
Prior to the evaluation of the leadership styles being initiated by Rachel, it is important to
understand the key theories of leadership and how they can be beneficial in different situations.
According to the great man theory of leadership, there are certain factors that are inherited and
not gained by the leaders. As per Ronald (2014), factors such as charisma, social skills and
intelligence cannot be gained but they are inherited by born. Thus, as per the great man theory of
leadership, majority of the leadership qualities should be there by born. However, this theory is
not applicable in the recent time as there are number of instances where it is seen that leaders are
being made from different situations. In the case of ICCR, the leadership qualities of Rachel are
being gained after her stint in the pharmaceutical companies. On the other hand, it is stated by
Dinh et al. (2014), that trait theory of leadership also clearly defines the leadership approach.
According to the trait theories of leadership also, the same concept of great man theory is being
followed. However, in this case, the particular personality of the leaders is being considered as
inherited. This theory is relatively more effective compared to the great man theory but still is
not effective in the current time. This is due to the reason that the particular behavior might be
inherited by the leader, which is not effective for the situation. In the case of ICCR, the
personality of Rachel towards having progressive workplace might be inherited but it is not
enough for her to lead to the organizational success.
In the recent time, the most effective strategy for leadership will be the behavioral theory
of leadership. This is due to the reason that according to the behavioral theory of leadership,
leaders should learn or improve their behavioral traits by experience. Hence, according to Lord et
al. (2017), it is the actions of the leaders, which be aligned with the business situations and not
their internal states. Majority of the contemporary leadership styles are being based on the
behavioral leadership theory. On the other hand, it is stated by Dinh et al. (2014) that alignment
Leadership   Management  Assignment  2022_3

3LEADERSHIP MANAGEMENT
of the behavior of the leaders with that of the organizational situation is important because it will
meet the vision and objectives. In the case of ICCR, the leadership behavior or trait of Rachel
should meet the organizational goals and expectations of the employees in order to have the
maximum effectiveness. For the small scale business entities, the participation of the leaders in
their operational activity should be more due to the reason that it will help in proper and ideal
engagement of all the internal stakeholders along with better influence of the leaders. According
to Lam, Huang and Chan (2015), leadership process should be initiated based on the inputs from
other internal stakeholders. This is due to the reason that different internal stakeholders can have
diverse sets of considerations that should be taken care off in the decision making process. In
addition, it is also being stated by the authors that in the case of the small scale business
organizations, holistic participation is more important because of the lack of experience and
expertise of the leaders. In this state, it is further acknowledged by Miao, Newman and Huang
(2014) that initiation of the participative leadership can also enhance the motivation level of the
employees. This is due to the reason that employees are having the more chances of involving in
the decision making process and a sense of importance will be prevailed. In the case of ICCR,
initiation of the participative style of leadership will be the most effective because of the limited
number of employees working in place and for benefiting Rachel in having the full control over
them.
However, it should also be noted that leadership style of leadership might not be effective
in every situation such as at the time of business turbulence. Kim and Schachter (2015) stated
that participative style of leadership is time consuming process and it is effective in dealing with
the challenging situations. At the time of the organizational challenges, the leaders should take
decisions in minimal time and should direct the subordinates in following the same. Thus, with
Leadership   Management  Assignment  2022_4

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