Leadership1 Leadership holds a different meaning in different scenarios. In general terms leadership can be defined as the process in which an individual influences the behaviour of the group to achieve a common goal (Northouse2015). According to the literature present on leadership it is evident that leadership theories have evolved over the time but none of them is completely. The reasons responsible for the changes in leadership concept are situations, working environment, cultures, new laws, growing organisational complexities, context, psycho- social development and information overload (Nawaz & Khan, 2016).Every leader has its unique style of leadership. Style of every leader is guided by some or the other leadership theory. Hart is the kind of person who has not given any interview to press of New Zealand in about a decade. He has a family of 4 including a wife and two children. He can be termed as self-made man. Today, Graeme Hart is the richest New Zealand's richest person listed in the Forbes magazine (NZ Herald, 2017). He usually acquires underperforming businesses that manufactures everyday products like water bottles, milk bottles, foils and paper (Forbes, 2017). He is the owner of Rank Group Investments Ltd., Carter Holt Harvey Ltd. and Reynolds Group Holdings Ltd (Bloomberg, 2016). He is the kind of person who generally prefers to stay away from the lime light. He does not like to make frequent public appearances. He is a leveraged buyout investor who does not prefer to share the risk as well as the returns with shareholders. He solely takes the responsibility of risks and rewards. Further discussion will include detailed analyses of the leadership style of Graeme Hart (Hunt, 2010). Leadership style of Hart can be linked to various theories of leadership. He can be termed as a narcissistic leader. It is kind of leadership where the leader keeps his needs at first priority. He acts dominant, arrogant and hostile (Braun, 2017).The research shows that these types of leaders have both positive and negative impact on the organisation. Some leaders from the history such as Napoleon, Franklin Delano Roosevelt and Mahatma Gandhi displayed this type of leadership. This factor can also be seen in the leadership style of Hart as he himself takes the control of the situations. He does not like to share risks or rewards with the stake holders. He usually invests in projects which lack leadership and emerges as the leader for those. These leaders are perceived to be skilled orators and creative strategist. The problem with such type of leaders is that they lack empathy and are poor listeners. Most of the leaders belonging to this category provide negative results because they are always involved in controlling others. The results can be positive if the leaders work for themselves (Maccoby, 2004). The leadership style of Graeme Hart also has the resemblance with the transformational theory of leadership. This theory explains how leaders of that particular style affect the organisational performance. This is a style characterised by motivating the followers or subordinates to achieve something extraordinary. He has few characteristics of transformational leadership but his style cannot be regarded entirely as transformational style leadership. The basic qualities that of a transformational leader that hart possess are always willing to take right risk, capable enough to take difficult decisions, self-management, internal motivation, proactive in nature and he has the ability to set the goals of his
Leadership2 organisation concise and realistic. His style of leadership cannot be completely termed as transformational because he does not have the characteristic of sharing organisational consciousness, not a very active listener and sometimes he fails keep his ego on check. Another style which can relate to the leadership style of Graeme Hart is Charismatic leadership. The word charisma describes the special or extraordinary gift that is possessed by only few individuals (Northouse, 2012). This style basically relies on two factors charm and persuasiveness. Charismatic leaders carry a powerful personality that attracts followers. They possess some extraordinary qualities that are difficult to pin down and inspire other to work. They do exert any kind of undue pressure on the followers but their self-image carries the charm that automatically attracts the followers. This concept involves three basic elements vision or vision, extraordinary qualities and recognition (Avolio and Yammarino, 2013). As charisma is also an important element of transformational leadership therefore both transformation and charismatic styles are related to each other and also share some common characteristics. Major qualities or characteristics of charismatic leader are visionary, ability to inspire the trust, excellent communication skills, full or energy and enthusiasm, tactful in dealing different situations, action oriented and have the ability to make the followers feel capable (Dubrin, 2015).Graeme Hart possess an effective blend of all these characteristics. Therefore his style can be attributed as charismatic and outspoken. Based on the analysis of leadership style of Hart, trait theory can be applied to explain him better as a leader. Trait theory states that individual is a leader because of certain characteristic that he / she possess, these characteristic may be inborn or developed over the time. There is a set of certain intellectual, physical and intellectual traits that draws the difference between leaders and non-leaders. According to this theory the personnel characteristics of leader are major source of leadership success. It can be seen in the life of Graeme that he was not an inborn leader. After school he worked as panel beater and tow truck driver. Experience of various fields helped him to acquire certain characteristics. His MBA degree from Otego University also helped him to develop his leadership traits. The distinguishing characteristics of Hart that helped him to succeed as the leader are cleverness, tactful, conceptually skilled, decisive, risk taking ability, alert to external environment, persuasive, self-confident and dominant. The key characteristic of Hart is that he takes the responsibility of his decisions. He proactively takes the risk and also does not make anyone liable for negative outcomes. At the same time he does not shares the rewards with others for the risk that he has taken. Leadership and management are two related but different concepts. There is a thin line of difference between a leader and manger. Some common differences between them are discussed here. Leaders have a unique personality whereas mangers do not have this kind of personality. Managers try to mimic the style and behaviours of others. Leaders do not try to fit into others shoes they have their own style whereas mangers display the learned behaviours. Leaders are innovative an act as agents that bring changes. Managers work within the set procedures rules and regulations. Leaders try out change if it doesn’t works; managers are consistent only with the best practices that work. Leader creates a vision for followers to pursue whereas managers set goals for employees to achieve. Leaders inspire the
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