Assignment 2 - Essay Example

Download file to see previous pages Leaders set a way for the all; they help us visualize ahead or we might achieve; they encourage us and inspire us. Without leadership a group of human beings quickly deteriorate into disagreements and conflict. Leadership takes us to the same direction and attach our efforts jointly. Leadership is the skill to get other people to do something worth and that they might not otherwise do. It’s stimulating people toward an end (Chen 2006). In the 1980s Harley-Davidson lost his job due to forces from his stiff competitors. Rich Teerlink, the company’s leader, was able to set aside the firm financially, but with the pressure off, the challenge of continuing to improve became more and more intimidating. He made a different company, one that focused on bottom up by employees rather than from the top down by managers. This was considered to be part of skilful entrepreneurial leadership. The role of leadership and related skills in business is beyond doubt. Giant leaders create great businesses and opportunities. Average leaders create average businesses (House 1977). The two essential functions in business are diverse and include leadership and management aspects. Leadership include individuals involved with balancing varying interests among managers, employees, customers, consultants and other business stakeholders. Management as related to leadership is commonly defined as the organization and coordination of various economic resources in a business. While leaders can be taken as managers, managers may not necessarily be leaders (Jago 1982). Leaders often have specific character traits that give their knowledge and skills more to directing an institution than managing company’s resources. Organizational leadership if focused in the business owner or directors of a company. Many owners are seen as leaders or initiators because they start new businesses based on an idea or vision which they might leave for the directors to implement. Business owners are responsible for handling diverse aspects of creating the new business inventions, regardless of how many difficult situations arise. Organizational leaders may respond to various negative business occurrences based on their core personality traits and try to implement measures for changing such situations. According to my own opinion, leadership traits should include enthusiasm, conscientiousness, boldness, self-assurance and competitiveness among other minor traits. These characteristics promote individuals ideal business skills for accomplishing tasks and inspiring people to work with the leader during tough situations (Krishnan 2004). Different studies have considered specific organizational leadership traits to include intuitiveness, maturity, team orientation, charisma and empathy among different authors. These may relate to the organizational framework of the business in which the leader works. In many organizations, business owners and leaders usually develop a mission or value statement for the organization. This may includes information that will promote the sharing of information, knowledge and methods to individuals working in the business. Organizational leadership often recruits stakeholder and other junior leaders to help the leader fulfil his vision. They also delegate non-essential tasks to lower-level employees. This helps ...Download file to see next pagesRead More