Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Leadership is the ability of influencing individuals or groups for attainment of particular goals. It is the ability of managing interpersonal behaviour by motivating others. There are a number of approaches to leadership, but these can broadly be categorized as Behaviouristic theory, Traits theory, Charismatic theories of leadership and transformational leadership. For the purpose of this assignment, we have chosen transformational leadership approach.
Transformational Leadership
The process of transforming and changing individuals is termed as transformational leadership. In simple terms, transformational leadership can be defined as the ability to make people improve, change and led. Transformational leadership involves assessment of subordinates' needs, motives and giving them due value. Thus, it can be said that a leader having characteristics of transformational leader has the ability to increase the performance of company by giving due value to the employees/subordinates. (Hesselbein and Cohen 1999)
Transformational leadership has four factors which are commonly named as "four I's." These are inspirational motivation, idealized influence, individual consideration and intellectual stimulation. Following is the description of each of these factors which will help the leaders...
The goals of market growth and increased revenues are achieved by encouragement of team spirit by leaders having inspirational motivation.
Leaders who can be quoted as exemplary role models are the description of idealized influence. It is a fact that subordinates have a greater degree of respect and trust for these types of leaders.
Individual consideration can better be defined as those leaders who are advisors and coaches to their subordinates. Leaders having individual consideration help the subordinates to achieve goals that are fruitful for organization as well as the subordinate.
There are certain type of leaders who challenge the pre-conceived views or beliefs of a group through creativity and innovation. These types of leaders promote problem solving and critical thinking skills which are crucial for the success of an organization. (Northouse 2001)
Proper execution of transformational leadership can not only meet but beat the organizational performance benchmarks. If the leader…
References
Hesselbein, Frances, and Paul M. Cohen. (1999). Leader to Leader. San Francisco, CA: Jossey-Bass Publishers.
Northouse, Peter G. (2001). Leadership Theory and Practice, second edition. Thousand Oaks, CA: Sage Publications, Inc.
Change may be difficult for a company, but necessary if the company is to survive. An effective leader is one who is able to harness and negotiate this change so that the company is able to deal with it and survive. Some limitations to overcome A leader has to possess the following characteristics: Empowerment; Risk-taking; Participation; and Development (Eicher; online). In a practical sense, this translates into the following schema: I
Leadership: The concept of leadership is an issue that has elicited considerable debate in the recent past to an extent that there is an extensive body of research and literature that addresses the issue. Some of the most common issues in the wide range of literature on this issue include scientific investigation, fiction, and biographies (Truckenbrodt, 2000, p.233). This concept has generated such concerns because leadership influences politics, academics, organizations,
Leadership is a complex process involving the ability of an individual to inspire, motivate and redirect ways of thinking. It refers to the ability to bring out the best in oneself and others. In any set up, there must be rules and regulations to guide the relationships between people and activities. In a set up like an organization, there are goals and objectives that the organization aims to achieve. These
Leadership Theory in a Changing and Globalizing Marketplace Modern business practice is permeated by the complexities of a changing world. The impact of globalization on the cultural makeup of companies, the effects of the global recession on the conventions of daily business and the evolutionary shifts brought on by emergent technology all call for an orientation toward simultaneous stability and adaptability. Only under the stewardship of a qualified, communicative, flexible and
Leadership and Management Training Guide: Leadership and management are terms that have been used interchangeably as many people assume that they are similar despite of their fundamental differences. The main reason attributed to this trend is the fact that these concepts must go hand in hand because they are complementary and linked together. Actually, attempts to separate leadership and management always contribute to several problems more than it solves. However, much
Leadership, according to La Monica (1938), is when a person has authority that is recognized by others, and the person has followers/subordinates under them, who believe that the person will assist them in attaining certain goals (carrying out specific objectives for the followers). Furthermore, anyone that is willing to assist and help others could be referred to as a leader (p.8) Leaders see what others do not Most leaders have