Presentation of Business
Presentation of Business
Presentation of Business
DEFINITION OF LEADERSHIP
•Motivation skills: A leader needs to be an effective motivator who understands the needs
of the people and motivates them by satisfying those needs.
Self-confidence and Will Power: A leader needs to have a high level of self-confidence
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and immense will-power and should not lose it even in the worst situations, else
employees will not believe in him.
• Intelligence: A leader needs to be intelligent enough to analyze the pros and cons of a
situation and take a decision accordingly. He also needs to have a vision and fore
sightedness so that he can predict the future impact of the decisions taken by him.
• Decisiveness: A leader has to be decisive in managing his work and should be firm on the
decisions are taken by him.
• Social skills: A leader should possess empathy towards others. He should also be a
humanist who also helps the people with their personal problems.
LEADERSHIP STYLES
There are also plenty of different leadership styles. While leadership theories are focused
on understanding what makes leaders successful, the leadership styles focus specifically
on the traits and behaviors of leaders under a specific theory. Therefore, the
leadership theory often contains a number of different styles.
Psychologist Kurt Lewin developed his framework of leadership styles in the 1930s,
providing the foundation for many other styles following later. According to Lewin,
there are essentially three core leadership styles, each of which is shortly summarized below.
Autocratic leadership
Autocratic or authoritarian leadership style emphasizes the role of the leader in terms
of the decision-making process. The leader won 't involve or even consult the team when it
comes to deciding the next course of action.
The style is efficient in terms of making decisions, and can often be effective in crises or in
circumstances where the leader has access to knowledge the subordinates don 't.
Nonetheless, autocratic leadership style can also lead to high staff turnover.
Democratic leadership
Lewin's second leadership style was the democratic model. Lewin 's style saw leaders
under this framework still in charge of the final decisions, but instead of rejecting input from the
subordinates, the leader seeks and encourages engagement. Therefore, the subordinates
are more involved with the tasks or courses of action, even though they might not have
actual power to decide.
The democratic style can remove the issues of low morale and high turnover through the more
participative approach. On the other hand, decisions can take a long-time to
make and the subordinate' s ability to comprehend the intricacies of
certain circumstances might not be equal.
Leadership Functions:
Following are the important functions of a leader:
1.Setting Goals:
A leader is expected to perform creative function of laying out goals and policies to persuade
the subordinates to work with zeal and confidence.
2.Organizing:
The second function of a leader is to create and shape the organization on scientific lines by
assigning roles appropriate to individual abilities with the view to make its
various components to operate sensitively towards the achievement of enterprise goals.
3.Initiating Action:
The next function of a leader is to take the initiative in all matters of interest to the group. He
should not depend upon others for decision and judgment. He should float new ideas and his
decisions should reflect original thinking.
4. Co-Ordination:
A leader has to reconcile the interests of the individual members of the group with that of the
organization . He has to ensure voluntary co-operation from the group in realizing the
common objectives.
work group.