Adapting Leadership Styles to Manage Millennial Organizations
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This essay evaluates how leadership styles will have to adapt to manage millennial organizations. It discusses various leadership styles and recommends the best one for the organization's growth and productivity.
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Contents Essay................................................................................................................................................1 INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Essay topic: “Evaluate how the leadership styles will have to adapt to manage the millennial organization”................................................................................................................................3 Conclusion and Recommendations..................................................................................................5
INTRODUCTION Leadership is one the most important skills and ability which should be present in a manager due to this they can encourage and motivate their employees to do more work in their specific work area. There are various kind of leadership styles present which can be adopted by the manger. An organisation should make a complete research before implementing a leadership style in their company as it will decide their future growth and productivity(Costa, Aleksić and Bortoluzzi,2021). Furthermore, in this essay the chosen organisation is millennial which is headquartered in United Kingdom. Later on, various kind of leadership styles are will be explained in this essay. At last, the recommendation of best leadership style is being given in this essay which can help the company to run the manage the workers properly (Chukwusa, 2018.). MAIN BODY Essay topic: “Evaluate how the leadership styles will have to adapt to manage the millennial organization”. Leadership is the skill of inspiring others to collaborate in order to achieve great things. Individuals will have more opportunity to apply a variety of approaches and strategies to meet the organization's goals as their improvement of work and they develop leadership experience. Leadership styles refer to a variety of methods for providing direction, achieving goals, and encouraging others. Leadership theories are explanations for how and why people have to obey and regard the people present on the higher authorities.Millennial leaders prefer to adopt a collaborative strategy rather than a self-determining method to achieve the organization's goals and duties. Millennial leaders will consult their teams before making major choices. As a result, millennial-led businesses are encouraged to develop high levels of participative leadership in the workplace. They place a great emphasis on the social aspects of workplace participation. Employees desire to be heard and prefer to participate in the company's decision-making process. It can also be seen that the labour market is extremely competitive, and millennials have realised that in order to benefit the businesses in which they work, they must be innovative, flexible, and original. Furthermore, a proper leadership style is used for the aim of managing the millennial
organisation (da Costa Nogueira, Sousa and Moreira,2018). Great leaders have changed over time, using a variety of leadership styles to provide guidance, implement initiatives, and inspire others. Autocratic, participative, laissez, spontaneous, and servant leadership are examples of different leadershipstyles.Wherebureaucraticleadersaremostcommonlyfoundinlarge,well- established companies or highly regulated workplaces where strict rules and regulation has to followed by the employees. The company is successful because of its established methods and unique ideas. Time and resources will be wasted if something new and unusual is implemented and fails. As a result, the leadership strategy enables management and employees to innovate and implement change efficiently. Motivated people, frequently establish a nice environment where encouragement and communication are freely exchanged. Employees commonly have a sense of being watched and supervised. Training executives must take a step back and treat employees as if they were a part of the firm, which will increase employee engagement (Mbah, 2018). By discovering their best characteristics and growing it will help them to directthose employees who want to attaingrowth and development, in their future.the firm will be able to connect better and motivateemployeesand teammemberson a deeper level.There are several management theories and leadership styles from which a firm can select a best one in order to run the business operations. Because different forms of leadership appeal to different individuals, neither is correct or incorrect. To be a genuinely skilled leader, you should understand their presentemployees' needs and use a leadership style that will help them reach maximum efficiency. As a result, businesses must value the diversity of their workforce. Individual variations are frequently perceived as creating or developing workplace ideals. Gender, age, sexual orientation, faith, work experience, ethnicity, education, family status, and financial status, for example, are all characteristics of diversity. By employing a proper leadership style, it is also possible for employees, subordinates, and the company as a whole to grow and develop. Employees, for example, could be given the training, mentoring, and experience they need to manage a team and develop their leadership skills. It is critical to adapt a suitable leadership style on a daily basis based on the specific scenario in order to ensure that the organisation is making the greatest use of available resources, approaches, and methods to reach a favourable choice (Oc, 2018). The theories describe the characteristics and activities that people might use to improve their leadership skills. To succeed, every team, for example, requires a leader, which is why theories
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like the Exceptional Man notion exist. This idea is founded on two assumptions: great leaders are born with specific skills and traits that enable them to rise to the top and lead; and great leaders are born with specific skills and attributes that enable them to rise to the top Another possibility is that great leaders may arise when they are most needed. It was founded in the nineteenth century by historian Thomas Carlyle, who is best known for works like the 1911 edition of the Encyclopaedia Britannica (Saputra and Mulia, 2021). Another theory that is considered to be the most effective leadership style is the situational theory. A leader must be able to adapt thisstyle and approach to new situations in order to be most effective and successful in the future. Situational Leadership Theory, developed by Paul Hersey and Ken Blanchard, is most usually connected with the term "situational leadership". As the title suggests, the concept states that leadership is conditional on the situation. As a result, leaders should always customise their leadership style to the context and circumstance by considering a variety of criteria. Because it is centred on the traits of leaders and claims that a leader is born with certain qualities and attributes, the trait theory is related to the great man theory. Personality traits, physical attributes, intelligence traits, and other characteristics are among the qualities. It also states that leaders are critical to a company's success, with the assumption that hiring workers with the right attributes can increase organisational performance. The next leadership theory is a contingency theory, which specifies and discusses numerous components of the best leadership style for a given situation. Furthermore, it is founded on the idea that no single leadership style is ideal for every situation (Sow and Aborbie, 2018) Conclusion and Recommendations According to the essay, generational issues have taken on a new significance in society as a result of the above mentioned discussion. This social circle is distinct from its ancestors in a number of respects. The finest leadership style is one that achieves the best possible balance of behaviours, needs, and circumstances. The best leaders not only have the right qualities, but they can also appraise their followers' requirements and the various situations. It is clear from the preceding essay that leadership can be defined in a variety of ways. Some leadership theories try to describe what makes a leader unique, while others try to explain how great leaders emerge. For example, the Situational Theory,advises leaders to adapt their leadership style to the
circumstances, whereas the Behavioural Theory focuses on building the skills needed to be a capable leader. These theories and concepts serve as a practical guidance for a wide range of people, including managers, community leaders, and government officials. Conflicts among people are a natural occurrence, so a good leader must ensure that they are anticipated and managed properly. Another is to communicate, as it is critical to achieving personal and business objectives.Ascanbeseen,communicationisthekeytrack,whichiswhyeffective communication necessitates leaders who can listen well. Ineffective listening has an impact on people’s self-esteem, confidence, and creativity. Another suggestion is to experiment with several leadership styles to see which one is best for the company's overall development and that of its employees. Employees must be given a flexible work environment in which they can express their questions and concerns regarding the job or its operations. Finally, range of leadership abilities should be developed so that management can respond and handle situations in the firm. Knowing when to use which form of theory at work can increase the chances of long-term success and functionality in their specific organisation. REFERENCES Chukwusa, J., 2018. Autocratic leadership style: Obstacle to success in academic libraries.Library Philosophy and Practice, p.1. Costa, G.G., Aleksić, D. and Bortoluzzi, G., 2021. The power of balance: interplay effects of exploitative leadershipstyle,work–familybalanceandfamily-friendlyworkplacepracticesoninnovation implementation.European Journal of Innovation Management. da Costa Nogueira, D.M., Sousa, P.S. and Moreira, M.R., 2018. The relationship between leadership style and the success of Lean management implementation.Leadership & Organization Development Journal. Mbah, S.G., 2018.A study of transactional leadership style and its impact on employee motivation and performance in the UK banking sector: the case of the Royal Bank of Scotland(Doctoral dissertation, University of the West of Scotland). Oc, B., 2018. Contextual leadership: A systematic review of how contextual factors shape leadership and its outcomes.The Leadership Quarterly,29(1), pp.218-235. Saputra, N. and Mulia, R.A., 2021. Influence of Leadership Style, Compensation and Work Climate on Work Motivation.Efisiensi: Kajian Ilmu Administrasi,18(2), pp.154-168. Sow, M. and Aborbie, S., 2018. Impact of leadership on digital transformation.Business and Economic Research,8(3), pp.139-148.