Leadership in Retail Industry: Strategies and Practices Report

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This report provides a comprehensive overview of leadership within the retail industry, examining various leadership styles and their impacts. It delves into distributed leadership, strategic leadership, worldly leadership, and the importance of followership. The report also explores the influence of organizational culture, purpose-driven leadership, and ethical considerations in retail settings. Furthermore, it discusses the role of leadership as an art form and the practical application of distributed leadership. The analysis highlights how different leadership approaches can affect employee empowerment, organizational performance, and competitive advantage. The report emphasizes the significance of ethical practices, employee engagement, and strategic decision-making in fostering successful retail operations. It concludes by reflecting on the benefits of distributed leadership in terms of employee retention, profitability, and overall organizational development. The report provides a detailed analysis of the implementation of different leadership styles and their impact on the retail industry.
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Running head: LEADERSHIP
LEADERSHIP
Name of the Student
Name of the University
Author Note
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1LEADERSHIP
Table of Contents
Leadership in Retail Industry...............................................................................................2
Distributed leadership......................................................................................................2
Strategic leadership..........................................................................................................2
Worldly leadership...........................................................................................................3
Followership....................................................................................................................3
Culture and leadership.....................................................................................................4
Leadership as Purpose.....................................................................................................4
Ethics in leadership..........................................................................................................5
Art and Leadership..........................................................................................................5
Distributed leadership practice............................................................................................6
References..........................................................................................................................10
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2LEADERSHIP
Leadership in Retail Industry
Distributed leadership
The distributed leadership refers to the analytical and the conceptual approach towards
the leadership and the ways in which the leadership strategies within a given retail organisation.
The theory was initially developed for the primary purpose of researches in the educational
fields. The retail industry faces a huge impact of the distributed leadership. The distributed
leadership within the retail industry aims to deal with the growth of the overall performance
of the concerned retail industry. The distributed leadership within the industry help the
leaders of the industry to deal with the empowerment of the employees of the organisation
(Boak et al., 2015). The distributed leadership within the organisation also deals with the
acceptance of the mutual influence that exists within the given company. This in turn helps in
the increment of the employee effectiveness of the concerned company.
Strategic leadership
The strategic leadership within the retail industry refers to the ability possessed by the
concerned leader in order to play an influential role for the other employees of the organisation.
The strategic leadership within the organisation helps the concerned leader to undertake the
decisions that are implemented in order to enhance the various prospects that are helpful in the
achievement of the long-term organisational success (Simsek et al., 2015). The strategic
leadership also helps in the matters related to the maintenance of the long-term stability of the
financial aspects of the retail organisation. The different approaches towards the leadership
of the organisation leads to have an impact on the vision as well as the growth direction of the
retail organisation. This helps in the development of the potential success of the retail
organisation.
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Worldly leadership
The worldly leadership refers to the pooling of the talents in the matters that are related to
the combined wisdoms in the fields of leadership from all over the world. The worldly leadership
considers the wisdom of the both the ancient times as well as the contemporary theories of
leadership. The worldly leadership within the retail organisation is implemented in order to
enhance the performance of the company in the given time slot. The implementation of the
worldly leadership within the retail organisations aim to help in the improvement of the
concerned company in the matters that are related to the competitive advantage of the given
retail organisation in the market wherein the company has been active.
Followership
Followership refers to the flipside of the condition of the leadership. The followership
within the organisation aims to discuss the actions of the person who have been employed to
essay the roles of the subordinates within the company. The followership within the given
organisation is considered to be complementing the leadership within the organisation. The
followership leadership followed within the retail industry helps in the proper distribution of
the communication within the industry thereby leading to the conditions wherein the decisions
and the strategies that are implemented by the senior management of the industry are
effectively communicated throughout the concerned organisation (Mendenhall, Li & Osland,
2016). The proper followership within the given retail organisation aims to helping the
implementation of the strategies within the organisation in discussion. This helps in the
improvement of the competitive advantage of the business organisation at large.
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Culture and leadership
The organisational culture of the concerned business organisation is known to have been
useful in the matters that are related to the implementation of the concerned leadership styles
within the organisation. The leadership styles of the organisation aim to deal with the matters
that are related to the work culture as well as the organisational culture that is predominant
within the concerned retail organisation. The organisational culture within the retail industries
have been facing issues due to the leadership within the company. The leaders of the
organisation are expected to keep in mind the organisational culture before implementing the
strategies within the given organisation (Covin & Slevin, 2017). The leaders should essay
exemplary roles in order to deal with the implementation of proper model behaviour within the
concerned organisation in order to implement the strategy within the organisation.
Leadership as Purpose
The purpose-driven leadership within the organisation refers to conditions that are related
to the alignment of the operations of the company with the core values and the beliefs of the
company. The concerned retail industry within a given market might face better consequences on
implementing purpose-driven leadership. The present conditions within the retail industry have
been facing issues within the leadership of the company. The purpose-driven leadership within
the given company help in the matters that are majorly driven by causes. This helps in the proper
decision-making activities that are undertaken by the concerned leaders (Ho & Ng, 2017). The
retail organisations that aim to implement the purpose-driven leadership aim to discuss the better
outcomes within the business organisations. The purpose-driven leadership helps the concerned
company to gain a stronger competitive advantage within the given company. The purpose-
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driven leadership within the concerned company to find the best potential employees for the
concerned company.
Ethics in leadership
The ethical leadership within the concerned company refers to the conditions within the
company that is related to the ethical values and the beliefs that are related to the concerned
company. The ethical leadership within the company also intends to deal with the matters that
are related to the dignity of the employees within the organisation as well as the rights of the
company. The ethical leadership within the given business organisation aims to deal with the
concepts of charisma, consideration, honesty, fairness and trust (Rao-Nicholson et al., 2016). The
present conditions within the retail industry have been lacking the ethical factors. The ethical
implementation within the leadership of the organisation discusses the consideration of the
ethical concepts that are required to make proper decisions as well as setting the boundaries
within the given organisation and development of the ideas within the concerned company.
Art and Leadership
The leaders of the organisation are considered to be more than artists. The leaders of the
organisation are known to especially helpful in the construction of the workforce of the
concerned company. The duties and the responsibilities of the leader helps in building the proper
workforce of the company which in turn helps the concerned company to put forth an overall
improvement in the performance of the company. The retail industry has been facing issues in
the areas related to the performance of the industry. The effective leadership within the
organisation also help in the increment of the competitive advantage of the organisation within
the given industry.
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Distributed leadership practice
The activity of the leadership within the organisation refers to the activities of the
organisation that are related to influencing the motivational aspects within the employees within
the organisation. The leadership within the organisation also helps in the matters that are related
to the knowledge of the employees. The leadership within the organisation also affects the well-
being of the employees of the concerned organisation. The leaders of the organisation are known
to essay all the roles that are related to the improvement of the conditions within the organisation
on the basis of the tasks that have been assigned to the concerned leader. However, the leaders
are not assigned the leadership role on the basis of the position that they might hold within the
given organisation. The study of the leadership styles and the implications of the styles within
the workplace has helped me to learn about the ways in which the organisation might benefit
from the implementation of the leadership within the organisation in order to help in the overall
development of the organisation.
I would like to choose the distributive leadership approach in order to deal with the
matters that would help me to establish myself as an effective leader within the organisation that
I might serve in the future. The approach that I would like to undertake would help me in the
matters that are related to the retention of the employees within the organisation as well as help
in the increment of the profitability and the performance of the organisation within the given
market. The distributed leadership refers to the analytical and the conceptual approach towards
the leadership and the ways in which the leadership strategies within a given retail organisation.
The theory was initially developed for the primary purpose of researches in the educational
fields. However, the theory is also known to have been applied to the conditions within the
various business organisations as well as the domains that are related to the tourism industry. The
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distributed leadership has helped me understand the role played by the engagement of the leader
within the organisation rather than with the individual and his characteristics. The distributed
leadership within the retail industry aims to deal with the growth of the overall performance of
the concerned retail industry (Huffington, James & Armstrong, 2018). The distributed leadership
has helped me to deal with the empowerment of the employees of the organisation. The practice
has also helped me to accept the mutual influence that exists within the given company. This in
turn helps in the increment of the employee effectiveness of the concerned company.
My knowledge of the distributed leadership that I have gained from this course has
helped me to learn about the advantages of the given style of leadership. The implementation of
the distributed leadership helped me provide the employees with options of continuing with the
task at hand even during the unavailability of the concerned leader. The knowledge of the
leadership styles has helped me in the maintenance of the traditional command chain within the
organizational hierarchy. The presence of the command chain within the organization further
refers to the conditions wherein the roles of the employees of the organization are clearly
discussed and clearly distinguished from each other (Jones et al., 2014). The implementation of
the distributed leadership helped me to decide on the future courses of action as well as the
strategies that need to be implemented within the given organization in order to deal with the
future issues that might arise within the concerned organization.
The implementation of the distributed leadership helped me to involve all the employees
of the organization in the strategic development of the organization. The implementation of the
style of leadership has helped me to bring about an increase in the engagement of the employees
within the organization. The greater employee engagement within the organization aims to help
in the smoother operations within the given company. this helps in the increase in the
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competitive advantage of the concerned company within the given market wherein the company
has been featuring. The implementation of the style of leadership has helped me to implore as
well as enable the employees to claim ownership of the tasks and the duties that they have been
performing within the organization. This is due to the fact that the distributed leadership helps in
the promotion of the creativity and the innovational aspects within the members of the workforce
of the given organization (Chreim & MacNaughton, 2016). This in turn helps in the matters that
are related to the increment of the employee performance of the concerned company. The
increase in the employee engagement within the company aims to help the concerned
organization to retain the employees who are known to have been maintaining the loyalty
towards the given organization. the distributed leadership within the given company aims to deal
with the upward movement within the given organization in discussion. This would assist me in
the retention of the employees of the organization as well as provides the employees with the
proper motivation to extend their services within the organization.
I would like to implement the distributed leadership approach within the organization
since it would help me to take decisions on the basis of the discussions that involve the
employees of the organization as well. The approach would help me in gaining knowledge on the
matters that are related to the involvement and the engagement of the employees who have been
offering their services to the company. The distributed leadership approach will also help me in
gaining insight from my colleagues who have been assigned similar jobs. The leadership
approach that I intend to undertake would help me in discussing the issues that lead to the
conditions wherein the employees of the organization might choose to stop extending their
services to the company. The employees of the organization are expected to remain loyal to an
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organization that provides them the facility of climbing up the organizational hierarchy on
demonstrating the proper implementation of the strategic decisions.
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References
Boak, G., Dickens, V., Newson, A., & Brown, L. (2015). Distributed leadership, team working
and service improvement in healthcare. Leadership in Health Services, 28(4), 332-344.
Chreim, S., & MacNaughton, K. (2016). Distributed leadership in health care teams:
Constellation role distribution and leadership practices. Health care management
review, 41(3), 200-212.
Covin, J. G., & Slevin, D. P. (2017). The entrepreneurial imperatives of strategic
leadership. Strategic entrepreneurship: Creating a new mindset, 307-327.
E. Mendenhall, M., Li, M., & Osland, J. S. (2016). Five years of global leadership research,
2010–2014: Patterns, themes, and future directions. In Advances in global leadership (pp.
401-426). Emerald Group Publishing Limited.
Hairon, S., & Goh, J. W. (2015). Pursuing the elusive construct of distributed leadership: Is the
search over?. Educational Management Administration & Leadership, 43(5), 693-718.
Ho, J., & Ng, D. (2017). Tensions in distributed leadership. Educational Administration
Quarterly, 53(2), 223-254.
Huffington, C., James, K., & Armstrong, D. (2018). What is the emotional cost of distributed
leadership?. In Working below the surface (pp. 67-82). Routledge.
Jones, S., Harvey, M., Lefoe, G., & Ryland, K. (2014). Synthesising theory and practice:
Distributed leadership in higher education. Educational Management Administration &
Leadership, 42(5), 603-619.
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Rao-Nicholson, R., Khan, Z., Akhtar, P., & Tarba, S. Y. (2016). The contingent role of
distributed leadership in the relationship between HR practices and organizational
ambidexterity in the cross-border M&As of emerging market multinationals. The
International Journal of Human Resource Management, 1-22.
Simsek, Z., Jansen, J. J., Minichilli, A., & Escriba‐Esteve, A. (2015). Strategic leadership and
leaders in entrepreneurial contexts: A nexus for innovation and impact missed?. Journal
of Management Studies, 52(4), 463-478.
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