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Leadership and Change - Report Example

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The paper "Leadership and Change" concerns the phenomenon of leadership, why it is the vital aspect of HRM, and leadership definitions due to the variations in theoretical approaches. The study focuses on the trait, skills, behavior approaches, transactional, and transformational leadership models…
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Leadership and Change
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Download file to see previous pages Products may be faked by competitors, so the only way to sustain the company's competitive advantage in such an environment is to invest in its personnel. Skilled, loyal, and motivated employees remain perhaps the only reliable asset and competitive advantage of modern companies. Consequently, attracting skilled labour and career-oriented employees and retaining them in the constantly changing dynamic environment is perhaps the most evident challenge to be faced by modern businesses.
Strong and effective leadership is the vital aspect of HRM required to manage the recent changes. Defining what makes a great leader is not a simple task. Leadership is an exceptionally complex phenomenon: the recent explosion of scholarly literature covering various aspects of leading and managing people is one logical outcome of this complexity. Despite the huge amount of books and articles dedicated to the issue, there is still a great deal of ambiguity surrounding the true meaning of effective leadership in the contemporary organizational environment.
In psychology, the phenomenon of leadership has traditionally been associated with within-group dynamics of social interactions. In any group, regardless of its size, members differ in their degree of social influence over one another: ``... the person who exerts the most influence on the rest of the group thus affecting group beliefs and behavior is usually addressed as a leader (Hollander, 1985: 14). Although this definition of leadership allows the reader to grasp the essence of leadership, it is only one of the numerous definitions that have been proposed in the existing literature (Northhouse, 2004). The absence of agreement between the scholars is partially due to different methods utilized to explore the phenomenon. partially due to varied purposes of defining leadership. and partially due to the variations in theoretical approaches. There are several major approaches in leadership studies: leadership as the focus of the group. ...Download file to see next pagesRead More
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