Leadership and Management of Large Corporations

This literature review explores the concept and theories of leadership and management in large corporations. It discusses the importance and significance of leadership and management, the main issues and challenges faced, and provides recommendations for ensuring effective leadership and management.

Literature review

Table of Contents
Title of Literature Review: Leadership and Management of Large Corporations...........................1
Research Cluster: Cluster 1: Leadership and Management of Large Corporations...............1
INTRODUCTION...........................................................................................................................1
Literature Review.............................................................................................................................2
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

Title of Literature Review: Leadership and Management of Large
Corporations
Research Cluster: Cluster 1: Leadership and Management of Large Corporations
INTRODUCTION
The concept of leadership is mainly associated with the art of motivating and directing a
group of people in order to make them act and move toward achievement and accomplishment of
a common goal. Thus, leadership comprises of directing workers and colleagues within an
organisation towards a common goal for timely and better accomplishment of set targets
(Roessing & Einwiller, 2016). On the other side the concept of management is related with
setting out and forming a set of principles and rules that are comprising a set of functions
associated with effective planning, directing and controlling various components and resources
of a firm in order to efficiently and effectively achieve the desired organisational. Therefore,
current investigation is lead to evaluate about the concept and theorise of leadership and
management along with its importance and significance for a large corporation.
Aim of research
The main aim and purpose associated with current research project is, “To evaluate about
the concept and theorise of leadership and management along with its importance and
significance for a large corporation”.
Research Objectives
The main research objectives that are undertaken and analysed during the course of current
investigation are listed as follows:
 To evaluate about the concept and theories of leadership and management within a larger
corporation.
 To determine the importance and significance of leadership and management within a
large corporation.
 To evaluate about the main issues and challenges faced by a large corporation during
management of effective leadership and management. To identify valid recommendation to ensure effective leadership and management in a
large firm through eliminating stated challenges.
Rationale for selection of topic
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The selection of current research topic is vital and rationale as it is helpful and important
for an organisation as it facilitates and leads to better understanding about the concept and
theories of leadership and management within a larger corporation along with analysis of its
importance and significance. Apart from this, an enhanced understanding about the issues and
challenges faced by a large corporation during management of effective leadership and
management are also discussed in current study that facilitates better set of recommendation to
ensure effective leadership and management in a large firm through eliminating all possible
challenges. Further, selection of current research topic is also vital and important from view
point of personal interest of researcher as it ensures and leading out better improvement in skills
and knowledge of investigator and other scholar.
Research questions
The research questions that are analysed and evaluated through current investigation are
provided below:
 What is meant by the concept and theories of leadership and management within a larger
corporation?
 How an important and significant role is lead out by leadership and management within
a large corporation?
 What could be the main issues and challenges faced by a large corporation during
management of effective leadership and management?
 What are the possible set of recommendation to ensure effective leadership and
management in a large firm through eliminating stated challenges?
Literature Review
Literature review is a type of comprehensive summary of previous research on relative
topic. It known as practise of reviewing for survey scholarly articles, books, and other sources
relevant towards particular research (Renko, 2017).
To evaluate about the concept and theories of leadership and management within a larger
corporation.
According to Christopher Hoenig, 2020. The leadership and management theories are
play different role in particular organisation such as leader assort their theories in various
situational based. Leadership theories is having major objective to improve skills, asses
behaviour of individual and group, it also defines about nature of leader where they act to
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perform or making influence employees for better performance. In large organisation, appointed
effective traits of leaders who set vision and direction for workforce, because to making them
clarity about goals which is highly essential to aware before pursuing goals and objectives.
Applying significant theories of leadership by leaders For Example: if situation arise drawback
in employee performance in this leader must implement Trait Theory to measure self confidence
which identify through certain individual behaviour. Contingency leadership theory is majorly
used by corporates, because leaders wants to set employee behaviour by adjusting on the basis
of situation (Denning, 2018).
As in other situation, Management theories are concept of surrounding by suggesting
different strategies in certain way guidelines can implemented in large organisation. The purpose
of management theory enhance in organisation for managing and controlling activities within
managerial process through planning, staffing, directing and organising. There are many theories
like Motivation theory have one of its own method called of Maslow Hierarchy needs and
Herzberg Theory of X and Y guides to manager for investigate particular employee's needs and
other requirement. Better management practises can only be succeed when manager having
knowledge about how to make adjust certain aspects on the basis of situation. Motivation is
important part of management which motivates workforce in better manner through which
individual or group of people can achieve their targets (Armstrong, 2016). Effective
communication is also one of main factor that enhance clarity of objective, better understanding
about roles and responsibility. By having optimum knowledge and development in companies
which analyse through employee's knowledge and skills. For example, organisation can
identifies each employees strength and weakness along with measure different strategies to
improve where it increase the performance quality . Management theories also supports to
manger for their job roles and responsibilities in better hiring, managing employees, assigning
job roles to new candidates and other factors. Moreover, management practises having role to
increase productivity and motivation. Through manager they can provides valuable resources
where they can systematic pursue their work, training and development enhance better skills and
knowledges which it promotes productivity. Reward and incentives influence to accomplish
targets (Banerjee, 2020). Therefore, overall analysation of leadership and management theories
roles in large organisation to supporting different aspect as per employee performance, internal
infrastructure, understanding of goals and objectives, behaviour and nature matter for leaders to
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identify gap in performance. Various management theories need for managing people and
manager can create their plans to effective control the internal system.
To determine the importance and significance of leadership and management within a large
corporation
As per opinion of Brigette Hyacinth, 2017. It is major importance and role of leadership
and management in wide range organisation, as particular company makes ensures about their
work or activities must regulates in systematic way in which leadership functions is largely
essential to improve management for maximise efficiency and efficient to accomplish
organisational goal successfully. They both regulates to develop internal and external structure
of organisation where leadership role in organisation defines to influence individual or groups
towards their organisational goals. The significance of leaders are necessity to understand in
context of large corporation such as: By communicating policies and plans in such a effective
manner to their subordinate from beginning. For example: In large organisation, faces lack of
performance in which management appoints leaders where they implement their approaches and
techniques to improve skills and knowledge of each employees (Armstrong, 2016). Furthermore,
positive working environment helps to management team for managing people where workforce
enhance their job satisfaction as well as it also increase productivity.
Importance of management in large corporation, where managers usually approach all
functions which they presumes in their working culture to effectively accomplish their objective .
Planning about to preparing the task by applying strategies for short term as well as long term
aspects. Moreover, providing optimum direction with such activities that helps to staffs
achieving level in systematic procedure. Organising is one of practices which establishing
authorities along with framed to achieving goals successfully (Banerjee, 2020). Apart from it,
recruitment and selection, performance appraisal, training and development and other
administration activities are design by management and leadership aspects. Furthermore, leaders
and manager scrutinize the situation and applies approaches to strategical techniques to evaluate
the situation and also measure gaps that needs to improve for betterment towards employee and
organisation performance or growth. For example: As in big company need to form policies and
other core values to create disciplinary culture in premises, this policies influence to motivate for
their aims and objectives which necessity that recognize as well as growth for individual
hierarchy level. Meanwhile, the importance of leadership and management are comprises
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different nature which effectively assort to improve a internal infrastructure in terms of
performance alignment, job role and responsibilities which follows compliance oriented way.
Leadership and management are both pursue together to enhance developing skills and attributes
of individual such as improve performance where they obtain positive outcomes through this
practice it increase productivity level of organisation. By utilising better procurement resources
as it facilitates by human resource department to increase the mobility of each employees and
they accomplish the task at time (Renz, 2016). Training and development are both operates
through leaders and manager where they design systematic structure that helps to attain goals
proficient manner. So, every organisation need proper leadership and management system where
it regulates overall activities towards attainment of goals.
To evaluate about the main issues and challenges faced by a large corporation during during
management of effective leadership and management:
According to Shaik Rohia Munavar, 2018. Many challenges are faced by organisation for
effective leadership as finding good leader is ambition of every big cooperation because for
successful achievement of goals that are determined by levels of authority. Lack of
communication creates conflicts between leader and team member that can allows negative
impact on company as well as their levels of authority. In management of a company, manager
faces challenges related to communication and productivity aspect, this can increase the chance
of miscommunication. For example: An organisation have to implement a messaging platform
for workplace that gives to communicate with all employees of company. Change management is
another challenge for a leader as it is standardised process of shifting from one work
environment to another. It is responsibility of a leader to put effort into accepting and
implementing change management in organisation. In management of company, employees are
not connected with rest of workplace this leads to decrease in motivation. For example: When in
organisation merger and acquisition takes place this leads to great challenge for team member to
work in this situation (Haile, Emmanuel & Dzathor, 2016). Employee mental health management
is most common challenge face by leaders as these days employees faced depression and anxiety
issues which affects on their health. By avoiding towards this negative barriers it would decrease
morale and productivity and employee disengagement. In management team, members face
pressure to perform their project and feel stressed for not performing well in cooperation
(Denning, 2018).
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Handling conflicts and managing internal politics is challenge faced by leaders in
organisation as this can affect work culture and organisational productivity. Main challenge
mostly face by leaders that employee that have conflict among them instead of resolving the
conflict most of them complicate the situation and make it uncomfortable. In management major
challenge faced by managers is when there is no transparency between supervisors, level of trust
become compromised and to conflict among members of organisation. For example: In company
when manager or leader provide some task to particular team this leads to conflict or situation of
biasses among employees (Hallinger, 2020). Providing growth opportunity is a major challenge
faced by leader of cooperation as they grows when its team improves. It is a responsibility of a
leader to accomplish work goals of organisation and give proper opportunities to employee to
attain all aims in their professional career. In management, managers sometimes need approval
from executive team of a business owner before start a project. Therefore, manager having
responsibility for providing proper growth opportunity by giving them proper training and
knowledge to employee (Bush, Bell and Middlewood, 2019).
Absence of structure is also a challenge for a manager or leader as they have to
supervised more closely their team members for achievement of organisational goals efficiently
and effectively.
To identify valid recommendation to ensure effective leadership and management in a large
firm through eliminating stated challenges.
According to W.C.H Prentice, 2020. Leadership is the accomplishment of organizational
goals under the human assistance. Successful leaders motivates employees and meets the
individual needs and interests as per team's purpose. It beliefs that good leaders should provide
opportunities that helps to employee for their growth and learn in company premises.
Employees gets job satisfaction when a company recognizes their achievements, independence
and performance with fair judgements. In large companies effective leadership in company's
management to set and influence towards organizational goals , measurable decisions, risk taker
and inspire others to perform well. Workers tend to contribute more in the business when their
self-doubt, love, ambition, and area of interest gets fulfilled while achieving the organizational
goals (Podsakoff and Podsakoff, 2019). The leadership qualities are further
categorised :Effective leadership : Leaders should be optimistic who motivates the co-workers to
work more efficiently. They should have a good communication skills better understanding of
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the company policies (Renko, 2017). Relations with people : Leaders should share a great
relationship with their team and help them in achieving the organizational goals. Team members
and leader must communicate, discuss suggestions,concern and clear queries. Productive
leadership is when they are more honest,trustworthiness and ethical oriented. Respect the
employees : They should be supportive to their team which will help the employees to grow
more into the organization. Leaders should be generous with their employees as build trust
among between them. Practice empathy with the team : The co-workers can make mistakes
while performing the tasks. Leaders should practice empathy which creates better understanding.
Clarity about duties and responsibilities : Great leaders should guide their teams and clear all
doubted issues for better understanding of objective. Goals in Development : Executive should
concern about the long-term growth of the team. They should implement some great practices for
the development. Teams can perform well, if they are guided properly (Roessing and Einwiller,
2016).
Therefore great leaders contribute more to the organization which helps in achieving
goals and motivates the employees to perform task efficiently. Leaders should have a better
concern about the issues of the co-workers. This will lead to perform their responsibilities
regularly. These recommendation ensures effective leadership and management in a large firm.
Conclusion
A conclusion can be made on the basis of current literature review that leadership is mainly
associated with motivating and directing employees while management is more concerned with
directing and controlling all set of resources to main a coordination and balance at workplace for
timely and better achievement of goals in an organisation. Further, it has been analysed that
concepts of leadership and management are important and significant within a large organisation
as it leads to effective guidance and direction for employees along with setting and leading out
enhanced coordination among workforce to eliminate all possible chaos and conflicts to achieve
set targets un a better way. It has been also concluded that lack of effective communication is a
major risk and challenge faced during management of leadership that can be overcome and
eliminated through leading clarity about duties and responsibilities of each employees by the
way of ensuring proper communication and interaction at workplace.
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References
Books and journal
Armstrong, M., (2016). Armstrong's handbook of management and leadership for HR:
Developing effective people skills for better leadership and management. Kogan Page
Publishers.
Banerjee, T., (2020). The Collective Interests of Large Corporations: Social Movement Protest
and the Policy-Planning Network. The Sociological Quarterly, pp.1-33.
Bush, T., Bell, L. & Middlewood, D. eds., (2019). Principles of Educational Leadership &
Management. SAGE Publications Limited.
Denning, S., (2018). How major corporations are making sense of Agile. Strategy & Leadership.
Haile, S., Emmanuel, T. & Dzathor, A., (2016). BARRIERS AND CHALLEGES
CONFRONTING WOMEN FOR LEADERSHIP AND MANAGEMENT POSITIONS:
REVIEW AND ANALYSIS. International Journal of Business & Public
Administration. 13(1).
Hallinger, P., (2020). Science mapping the knowledge base on educational leadership and
management from the emerging regions of Asia, Africa and Latin America, 1965–2018.
Educational Management Administration & Leadership. 48(2). pp.209-230.
Mendenhall & et. al., (2020). Making a difference in the classroom: Developing global
leadership competencies in business school students. In Research Handbook of Global
Leadership. Edward Elgar Publishing.
Podsakoff, P.M. & Podsakoff, N.P., (2019). Experimental designs in management and leadership
research: Strengths, limitations, and recommendations for improving publishability. The
Leadership Quarterly. 30(1). pp.11-33.
Renko, M., 2017. Entrepreneurial leadership. Forthcoming in" Nature of Leadership", 3rd
edition. Edited by David V. Day and John Antonakis. SAGE Publications.
Renz, D. O., 2016. The Jossey-Bass handbook of nonprofit leadership and management. John
Wiley & Sons.
Roessing, T. & Einwiller, S., 2016. Portrayals of large corporations in the English and German
version of Wikipedia–Exploring similarities and differences. Corporate Reputation
Review. 19(2). pp.108-126.
Online
Hoenig. C, (2020). [Online] Available Through: Leadership Demands Change with
Organizational Size<https://www.cio.com/article/2441633/leadership-demands-change-
with-organizational-size.html>.
Hyacinth. B, (2017). [Online] Available Through: Leadership or Management. Which is more
Important? Size<https://www.linkedin.com/pulse/leadership-management-which-more-
important-brigette-hyacinth>.
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Shaik Rohia Munavar, (2018). [Online] Available Through: Most Common Leadership
Challenges At Workplace. Size<https://www.hrzone.com/community/blogs/rohia-
munavar/6-most-common-leadership-challenges-at-workplace>.
W.C.H Prentice, (2020). [Online] Available Through: Leadership and Management practises.
Which is more Important? Size<https://hbr.org/2004/01/understanding-leadership>.
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