Leading Business Organisations

A
PRESENTATION
ON
Leading Business Organizations

Part 1

(1)
(a) What kind of questions leaders must ask from themselves?
 Leaders must ask two questions from themselves which are what kind of culture they intend to create and what is the mission of the company .
(b) Two aspects of the leadership
 Transparency and learning from failure are the two aspects of the leadership. If any individual is transparent about its business activities then in that
case it wins trust of subordinates and leads them in better way. On other hand, if one learns from failure then it becomes great leader.
(c) What is the leadership theory?
 Leadership theory defined as school of thought who tries to explain traits that one must have to become a leader or ways in which one must lead
subordinates
(d) Appropriate leadership style
 Democratic and situational leadership style is two styles that are most appropriate in volatile, uncertain, complex and ambiguous business
environment. By following both styles one can take advise from multiple HR, can handle situation in better way and can treat resources according to
demand of situation.
(e) Why do aspiring leaders need an in-depth understanding of a range of leadership styles?
 It is very important for the leaders to develop broad understanding of varied leadership styles. This is because all leadership styles have some merits
and demerits. Many times anyone who becomes leader does not have particular leadership style. Deep understanding of range of leadership styles assist
managers in leading organization in better way according to demand of situation.

(2)
(a) What is an organizational mission and vision?
Mission and vision are the one of two important statements that reflects company future business
plans . Vision refers to what company wants to make it in future defined time period. On other
hand, mission statement reflect step that company intend to take to make its vision actual in future
time period.
(b) What contribution do individuals typically make in executing the mission and vision?
Individuals contribute play a crucial role in executing mission and vision. Employees work at
lower level implement plan at ground level. On other hand, employees worked at middle level
govern activities of those that work at low level and guide them in proper manner. Top managers
prepare plan that ensure achievement of vision in future time period. Thus, in this way individuals
play role in executing mission and vision.
(c) What contribution do leaders typically make in executing the mission and vision?
Leaders play important role in executing mission and vision because credit of efficient and
effective use of resources goes to the leader. If leader is following appropriate leader style then in
that case it can lead subordinates in better way and can achieve vision and mission in proper
manner.