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Effective Qualities of a Leader in The Wolf of Wall Street

   

Added on  2023-06-03

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Running head: ORGANISATION BEHAVIOUR
ORGANISATION BEHAVIOUR
Name of the Student
Name of the University
Author Note
Effective Qualities of a Leader in The Wolf of Wall Street_1

1ORGANISATION BEHAVIOUR
Topic: Effective qualities of a leader in respect of “The Wolf of Wall Street”
Overview
In "The Wolf of Wall Street", the central character Jordan Belfort is an extremely
greedy man and he has a dream of becoming the millionaire. The charismatic leadership was
followed in that case. The leadership motivate their surroundings and make some changes in
business which are ruthless in every aspect but still the success will become at the end. The
achievement-oriented style is different in that case and extreme focus on the objective is
there. The path-goal leadership theory is discussed in this form of leadership for their
subordinates for the greater good for the company (Roulet, 2015). The appeal was made by
Belfort is a process of enhancing their employees quality and directed them in the way of
objective meeting. The character is drug abuse, alcoholic, sexism was there, but the energy
delivery to their employees as the dream of multi-millionaire at the age of twenty-six years
made him different from others. The greed of having a millionaire and make a promise to
achieve would change the mind set and that formulated through the movie.
Qualities of effective leaders
The qualities of charismatic leadership were present in the character, but there are five
more significant aspects needed to be mentioned that Jordan has. The vision of seeing the
world and relate success with that made him different in case of engaging employees for the
development of the business. The character has effective communication as well and being an
entrepreneur, a sense of gratitude towards the vision was portrayed by the director. The state
management was another great impact that was extracted through the movie. The control of
emotional biases was the key issue in that case and calm, optimistic behaviour will help to
control the resources. As mentioned by Mennell, (2014) the clarity, courage, and certainty of
work were there and that made the process easy in case of managing the organisation. Believe
Effective Qualities of a Leader in The Wolf of Wall Street_2

2ORGANISATION BEHAVIOUR
in break limit also smoothen the success and a leader need to know their limitations and the
possible break limit need to be set for own work process. Slow and steady build up and to
identify the opportunity in the business was measured in the case of Jordan. Employ an
effective strategy will help to set the standard of doing business. A leader needs to think
about the sustainable approach for business. At the initial time, Jordan thought of making
money is the key sustainability of success but the scenario changed after the business ideas of
involving massive people have done. As commented by Mahembe & Engelbrecht, (2014)
Provide values and monitoring those values in case of business sustainability is the key
approach in that case. Build a strong team and provide reward and recognition to those
employees is a perspective of the leader. Jordan knows that encouragement from the owners'
level will inspire and motivate employees and visualise them the same dream that Jordan saw
before the business progression. Creative team building and provide the fun and leisure to
maintain their work-life balance and encourage them with money and communicate with
them from the ground level help them to understand the intimacy of owner or manager with
their employees.
Thus charismatic leadership has the power to change employees’ directive and
motivate them in the new world of achievements and standards. This is an achievement-
oriented leadership style and that focused on maintaining the efficacy of people and their
approach of gaining advantage. Belfort encouraged their staffs and set challenges for
employees to overcome (Thomson & Van Niekerk, 2012). The skilled employees’ selection
was important in that case and Jordan has that loyal team to rely on. The personal
characteristics of vices are dominated by the success and the aspiration of having millionaire
changed the idea of organisation outstretch.
Importance of charismatic factor
Effective Qualities of a Leader in The Wolf of Wall Street_3

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