Leadership Theory and Practice: A Responsible Leadership Report

This report delves into the multifaceted concept of responsible leadership within the context of business management. It begins by examining how leadership perspectives evolve in response to economic, social, and political factors, highlighting the challenges leaders face in today's volatile business environments, including technological advancements, emotional intelligence demands, and cultural diversity. The report then outlines the key characteristics of responsible leadership, such as creativity, emotional intelligence, delegation, communication, and transparency. Furthermore, it underscores the significance of responsible leadership in guiding organizations through change, emphasizing its role in setting visions, fostering employee engagement, and promoting continuous improvement through strategies like 360-degree feedback and talent retention initiatives. The report concludes by emphasizing the importance of adapting to global changes and generating sustainable profitability through financial and management alignment.

LEADERSHIP THEORY

TABLE OF CONTENTS
INTRODUCTION.....................................................................................................................................4
1. Change perspectives of leadership in different economic, social and political.............................4
2. Current challenges of volatile business environment in leadership..............................................6
3. Characteristic of responsible leadership.......................................................................................7
4. Significance of responsible leadership to lead organization.........................................................8
Characteristic of responsible leadership plays vital role for leading organization during procedure
change. ............................................................................................................................................8
CONCLUSION.........................................................................................................................................9
REFERENCES.........................................................................................................................................10

INTRODUCTION
Leadership refers the action of the leading group of members or the ability of the person to
motivate large number of the peoples. Generally, leadership involves to create vision and
motivate the group of people to achieve vision by giving the best performance. Leadership
theories are proposed by the great leaders who guide group, team or organization towards
achieving goal. On other hand practices refers when a person or leader adapts style and act
according to the leadership style and guides. In this report will cover characteristic of
responsible leadership.
1. Change perspectives of leadership in different economic, social and political
Leader changes their perspective which is based on the factors such as economic, political
and social. Leader plays significant role in the organizations where motivates group of the
peoples and supports them to overcome their weakness so that organization gets profitability.
Leader changes their prospect according to situation and leaders faces global challenges.
Economic challenges
To motivate group of the employees in the company offers leadership development program
so that organization enables to lead changes and acquires profit in the company. Emotional
intelligence program also offers by the leader to employees so that they improve their
emotional intelligence and able to take appropriate decision in the company (Yang and Lim,
2016). Leader changes their leadership according to situations such as when budget is super
tight in some countries and organization wants software development program so that
organization enables to attract group of customers to the company. But organization doesn't
have large funds to invest on the program and wants to appropriate employees who take
training operating software (Nawaz and Khan_ PhD, 2016). In that state leaders changes
their leadership and monitors those employees who possess excellent catching power. Based
on the skills, leader have to make the strategy for offering classes selected employees in well-
formed manner. Leader applies autocratic leadership during economic challenges where
monitors employee's performance and reduces employee's turnover so that excellent
employee retains in the company and lead competitive advantage in the organization.
Autocratic leader offers training classes some selected employees and the main motive of the
leadership to lead highly competitive advantage over the period. Due to the budget
tightening, leader unable to motivate each employee at workplace.
Political challenges

Political challenges are governmental laws, competitors, expectation of the stakeholder which
is faced by the leaders and, they have to changes their leadership according to perceptions.
Managing stakeholders: Stakeholders plays vital role in the organization i.e. internal
stakeholders are employees, management, organizational structure etc. on other hand external
stakeholder includes customers, governmental policies etc. leader sets goal which is based on
the political norms where leader have to change their leadership style so that enables to give
profitability to employees (Turnnidge and Côté, 2018). Leader faces challenge when
organizational strategy changes according to political norms. In that state leader have to
change their leadership so that enable to motivate group of employees in the particular
company. To understand challenge there is an example such as UK's organization is Tesco
which offers worldwide services. Organization wants to promote business in other countries
where government is unstable. In that state organization changes their strategy so that
challenges convert into opportunity. On other hand leader have to set goal according to
political situation which can face by the employees. Leader offers training classes to internal
stakeholders so that they give their best performance in the company and achieve goal of the
company. Thus, leader have to face political challenges in the company. To overcome the
political issues' leader adapts situational leadership style for collaborating the political
challenge.
Social Challenges
Social challenges are diversed cultures, inflexibility in organizational strategies, managing
stakeholders etc. leads changes in leadership prospective. Diversity at workplace is big
challenge for leaders because they have to conducts their training program in equally manner
so that dispute doesn't take place between employees. Diversity includes male and female
community and leader have to set the goal according to the employees so that each employee
gets value in the company (Tourish, 2019). Second challenge is cultural diversity in which
includes different types of group of employees who belongs to different region along with
different culture. Cultural diversity leads high conflict between employees and management
if leader doesn't offer value equally. It is big task for the leaders because they have to change
their strategies and have to implement that strategies which lead involvement of each
employee in the program and each employee gives respect to each other. Leader also faces
challenge during training program where leader have to apply that practices which leads
effectiveness in each employee performance. To overcome the social challenge leaders

changes their leadership style and adapts situational and charismatic leadership style so that
employees gets values and maintains their well-being at workplace. Thus, kind challenges are
faced by the leader globally.
2. Current challenges of volatile business environment in leadership
Leading a change in the leadership according to business environment is a big deal for
leaders ((Guhr, Lebek and Breitner, 2019). Current business requires wide variety change in
the leadership according to volatile worlds. Leader faces various challenges in current
business environment such as-
Impact of the technology
Organization performance gets impact by the new technologies and, it is based on the leader's
actions. For example, today's world is based on the digital technology and large-scale
organization wants to utilize these technologies so that their working efficiency becomes
good and generates high income in the company. On other hand leaders have to conduct
software training program for the employee who offers their services within company to
customers. To deal with new technology session program is big challenge for the leaders
because they have to change their leadership style so that able to understand employee's
performance and their requirements (Rosile, M Boje and Claw, 2018). Inflexibility in
technology gives challenges to leaders because they have to change their practices during
offering training class. Currently emerging technology gives threat to volatile business
environment where they have to change their operation. On other hand, leader have to
improve their skills so that enables to understand each employee how to operate software's.
Emotional intelligence
It also plays significant role in current challenges of volatile business environment and that's
requires by the organization in leader. Leaders should possess emotional intelligence skills so
that enables to build a relationship with employees, and they follow their leader as role
model. Emotional intelligence includes self-awareness, social awareness, relationship
management and self-management (Clarke, 2018). Thus, kind ability is required by the
business in leaders. Leaders have to improve their self-awareness in term of behaviour, self-
confidence and their strength & weakness, so that enables to take appropriate decision for
motivating employees. Thus, kind requirement leads complexity for leader, and they have to
change their leadership as well.

Cultural issues
Large scale business creates cultural diversity at workplace so that enables to get highly
talented employees as result generates sustainable competitive advantage in business market.
To manage diverse cultural group at workplace is big challenge for the leaders because they
have to change their leadership style so that each employee able to communicate leader
carefree and gives values to the decision (Nawaz and Khan_ PhD, 2016). Due to different
culture, leader have to understand their efficiency, requirement and their expectation within
company and applies leadership style so that easily comply with organization situation.
Sometimes, cultural diversity creates complexity for leaders because unable to communicate
with cultural employees. Thus, type challenges face by the leader in the volatile business
environment.
3. Characteristic of responsible leadership
Organization needs that who possess the ability to run business global level. Characteristic of
responsible leadership-
Creativity and innovation: Leadership should possess creativity and innovation
characteristic so that leader capable to introduce creative ideas or decision for the employees,
as result employee's performance improves in high level (Dugan, 2017). Even responsible
leadership leads effectiveness in the leader's decision and differentiates leader from other
followers. Creative thinking and continuous innovation make team confident and differentiate
from the crowd.
Emotional intelligence: EI assist to build strong relation with the team members.
Responsible leadership possess this characteristic so that capable to connect with employee
emotionally. The main reason of the emotional intelligence characteristic in the leadership is
that to manage each employee emotion effectively in the workplace so that they give high
performance. Another reason it improves social awareness which leads better communicate
with different cultural peoples.
Delegation and Empowerment: It is most important characteristic of the responsible
leadership. It is crucial for the leaders for focusing responsibilities so that enables to clarify
different types of task to each employee and empowers followers to complete task
sophisticatedly. Responsible leader also helps employees by resolving their issues relevant to
tasks.

Good communicator: communication plays vital role for motivating group of employees to
improve their performance during task. It is main characteristic of the leadership where leader
gives effectiveness on the employees by communication and enables to build relations with
employees.
Transparency: Responsible leadership possess transparency in decision-making and task
delegation (Harrison, 2017). Leader gives respect to each employee and offers opportunity to
show their skill. Even leader involves them in decision-making and permits them to share
their ideas and leader listen them properly. Thus, leader gives values to employee and
maintains their well-being at workplace.
4. Significance of responsible leadership to lead organization
Characteristic of responsible leadership plays vital role for leading organization during
procedure change.
 Responsible leadership observes outside environment of business and creates creative
idea so that organization gets profitability in the company.
 Leader sets vision of the company and address importance of the vision so that each
employee becomes responsible for the job.
 Responsible leader uses emotional intelligence for getting employees strength and
weakness which can create problem for employees during task achievement. Thus,
leader connects them emotionally and builds good relation (Guhr, Lebek and Breitner,
2019).
 Responsible leadership conducts skill and development program so that they learn
how to operate new technology and improves their existing skills. The main goal of
the program to improve their creativity at workplace.
 Leader also motivates them by offering recognition on their performance and
encourage them to explore creativity at workplace.
 Responsible leadership act as monitor for the employees where leader monitors
performance during task operation and their achievements.
 Leader prepares task balance sheet of employees and address employee about their
performance so that they understand what's their weakness or strength and how can
improve their task achievement.

 It is effective activity for the leader and employees, as result leads development in
team performance by transforming their weakness into strength.
 360 feedback strategy applies by the responsible leadership to collect reviews of each
department in which employees give their services for completing task (Ford and
Harding, 2018). In 360 feedback strategy includes employee, customers, management
etc. These are sources for review collections and analyses affectivity on employee's
presentation in company. Responsible leadership uses transformation mindset to know
organization position and execute in high position by employee's task performance.
 To retain talented employee at workplace offers reward strategies so that they develop
new skills and offers high services in company in the form of task achievement, good
relation with customers.
 Responsible leader conducts such kind programs which comply with global change
and generate sustainable profitability. All operations of the leader is undertaken by the
finance and management department (Dugan, 2017). They specify their vision and
goal to leader while leader makes decision according to their requirements so that
enables to meet their requirement.
 To lead change in the organization operations is big deal which can require high
investment for leadership improvement program. Through program responsible
leadership comply with organization vision and leads transformational success in the
company.
CONCLUSION
It can be concluded leadership theories and their practices which is based on global
challenges. Changing perspective of leadership in different economic, social and political
challenges has been summarized in the report. It can be summarized challenges in leadership
in current volatile business environment. Different characteristic of the responsible leadership
has been concluded in the report. The significance of demonstrating responsible leadership to
be able to lead the organization during procedure of change can be concluded.

REFERENCES
Books and Journals
Clarke, N., 2018. Relational Leadership: Theory, Practice and Development. Routledge.
Dugan, J.P., 2017. Leadership theory: Cultivating critical perspectives. John Wiley & Sons.
Ford, J. and Harding, N., 2018. Followers in leadership theory: Fiction, fantasy and
illusion. Leadership. 14(1). pp.3-24.
Guhr, N., Lebek, B. and Breitner, M.H., 2019. The impact of leadership on employees'
intended information security behaviour: An examination of the full‐range
leadership theory. Information Systems Journal. 29(2). pp.340-362.
Harrison, C., 2017. Leadership theory and research: A critical approach to new and existing
paradigms. Springer.
Nawaz, Z.A.K.D.A. and Khan_ PhD, I., 2016. Leadership theories and styles: A literature
review. Leadership. 16(1). pp.1-7.
Rosile, G.A., M Boje, D. and Claw, C.M., 2018. Ensemble leadership theory: Collectivist,
relational, and heterarchical roots from indigenous contexts. Leadership. 14(3).
pp.307-328.
Tourish, D., 2019. Is complexity leadership theory complex enough? A critical appraisal,
some modifications and suggestions for further research. Organization
Studies. 40(2). pp.219-238.
Turnnidge, J. and Côté, J., 2018. Applying transformational leadership theory to coaching
research in youth sport: A systematic literature review. International Journal of
Sport and Exercise Psychology. 16(3). pp.327-342.
Yang, L.C. and Lim, V., 2016. Empirical investigation into the path-goal leadership theory
in the central bank fraternity: leadership styles and job satisfaction (No. wp14).