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The transactional leadership approach “works through creating clear structures whereby it is clear what is required of their subordinates, and the rewards that they get for following orders” ("Changing Minds"). This theory focuses on the interaction between the leaders and Subordinates. It is rely on the concept that a leader’s role is to let his followers to know clearly what he expect from them, this theory uses the rewards and punishments approaches for getting these prospects. 8
The servant leadership model is one of the less mainstream leadership models. This theory believes that leaders have to put the interest of followers, customers, and the society ahead of their own benefit to get the success (Stevens 2003). The principle of this theory has a huge amount of recognition within leadership circles and it is described as a set of beliefs and morals that leaders are willing to embrace them. 8
There are many benefits of democratic leadership. By adopting this style of leadership better ideas and more creative solutions for the problems can take place. Group members also feel more touched by the higher management, involved and devoted to projects, all these making them more likely to care about the end outcome. Researches show that democratic style has a result to elevated productivity among group members. Empirical studies have even indicated that individuals with high self-esteem prefer democratic leadership models (Schoel, Bluemke, et al. 2011) Still, there are also downsides of democratic leadership. Even if this style has been described as the most successful and effective leadership style, it has a few downsides. In cases where roles are undefined and unclear or time is essential democratic leadership can lead to communication failures and incomplete tasks. In some situation, group members may not have the appropriate knowledge or skill to make quality contributions to the decision-making process. 14
In the modern world one often hears about
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Three of the most common leadership styles include aristocratic, participative, and laissez faire ones, each with its share of advantages and disadvantages (Bennis, 1975; Martindale, 2011). Participative leadership is loosely related to democratic leadership according to Woods (2010).
After the change of the leadership in the organization, FNB took the initiative to implement the inspirational leadership model and bring about changes in the organizational culture that was expected to increase the business performance.
As the management defines it, the role of a leader is to make people follow him. Leader's task is to provide constructive changes that will result in an increase of the profit and development of his organization. Leader is responsible for bringing about necessary changes hat will coincide with the needs and demands of stakeholder and bring prosperity to the organization.
It helps the employees to develop specialized skills and enhances the productivity and efficient functioning of the organization. The organizational system consists of social, technical and economic elements which coordinate human and managerial resources to achieve various organizational objectives.
Manufacturing organizations are principally engaged in physical, mechanical, or chemical transformation of substances, components, or materials, into new products. The manufacturing organizations basically use materials-handling equipment and power-driven machines in plants, mills, or factories to produce their products before sending them to the customers.
I could catch glimpses of my parents and my brother shouting out to the lifeguard to save me before it was too late. I tried to look around to see if I can spot any lifeguard who was rushing toward me but in vain. A number of
project size contributes towards implementation risk because a larger project calls for a greater utilization of resources, the presence of which entails the presence of increased effort and a higher aspect of risk. Accordingly, if the organization’s human resource department
Leadership entails the social influence process where a person acquires the aid and support from others so as to effectively accomplish common goals or tasks. People have different understanding of leaders. Some explain a leader
These initiatives may also be in the form of empirical learning that presents top executives with new challenges to conquer (Collins et al. 2011).
Whereas leaders inspire and motivate other employees, managers are involved in planning, organizing, and
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