Contents
Introduction 2- Organizational Leadership
- Leadership & Management 5
- Traits of a Good Business Leader 7
- Real Life Business Leaders 8
- Leadership – A Theoretical Perspective 10
- Leadership in Practice 11
- Leadership Development 13
- Leadership in Future 14
- Ethical Leadership 18
- Conclusion 18
- References 20
Description
– Leadership is a complex term to understand and has multidimensional definitions to it. A true leader inspires and directs his fellow men and women to achieve the objective. A leader needs to possess the desired personality and skills in order to make others to follow him. A leader not only guides and motivates others towards achieving common goals of the organization but also keeps the organization and its employees cohesive. Leadership is one of the most important factors that influences the functionality and success of an organization. The positions give a person authority and power but not leadership. Leadership is inherent to an individual’s personality and leadership can be honed by consciously working at it and attending to leadership workshops etc. Leadership is not about giving orders and also not about making others follow just by the strength of their position or power in the organization. Leadership is about making others voluntarily follow the leader by enlightening them as to why the common goal has to be achieved and in what way the achievement enriches their lives and career. According to Locke et. al (1991) leadership involves traits like situational interaction, function, vision, power, charisma, behavior, values, endurance and intelligence (Kouzes and Posner, 2007). Leadership and management are essentially distinct components of organization. However, they are interdependent to a large extent. The paper examines leadership in theory and in practices. The paper discusses organizational leadership and tries to understand the difference and correlation between leadership and management. The paper also discusses some real life examples of good business leaders.
