DOES LEADERSHIP MAKE A DIFFERENCE TO THE ORGANISATIONAL PERFORMANCE? “Leadership is a process by which an executive imaginatively directs guides and influences the work of others in choosing and attaining specified goals by mediating between the individuals and the organization in such a manner that both will obtain maximum satisfaction.” -Theo Haimann Leadership is an extensive subject of research for various organizations. It is sometimes closely related to management. However, management and leadership are very different from each other. Management works IN a system, leadership works ON the system.
Management styles Leaders have a unique method of handling subordinates at the workplace which is called as management style. As a manager you most probably have a dominant or preferred style, but the most effective managers adapt and implement the required method, according to the specific situation or individual. A good manager is always looking for the best way to increase the results, progress of work to gain the best outcome in terms of fulfilling the requirement efficiently. Styles and methods are adapted and obtained, by studying the qualitative and quantitative information about the team and work such as the process data, feedback from the higher officials and client. They are subjected to follow company norms, which help in dealing with all the subordinates equally to maintain balance in
The type of leadership style radiating from the management of a company can inspire lower management and line workers, direct the organization on a path toward success, and address arising conflict and obstacles within the business and in the market. The ways in which Charismatic and down-to-earth leadership styles vary are in how they establish and communicate organizational
Therefore, it can be quiet reasonablycommented that the organizational culture of an organization plays a huge role of significancein successachieving within the industry(Dunkerley, 2012). The work culture unites the employees of the organization who are generally from distinctivefamilies,backgrounds and have shifted
Leaders come in many different shapes and forms. Some leaders only care about the business and task at hand, some leaders care too much for their employees, and other leaders have a great mix of both worlds; those are the types of leaders to have in every company. Leaders need to be fully invested not only in the business to succeed, but they need to make sure their employees are taken care of just as well as the company. Within this paper will discuss the reasons that leaders need to be involved not only within the business, but with the employees too. Theodore Roosevelt described how a caring leader should be in the workforce.
He asserted that an organization should use only one out of these three so that company can achieve organizational goals without wasting its precious resources. The most essential part of these strategies is that it tells about the interaction between product differentiation, cost minimization and market focus strategies. Porter’s strategies are very useful for any type of organization as it helps in decision making and in obtaining future gains in advance. Still many people claimed that use of these strategies leads to lack of flexibility and specificity. (The Economic
Management’s style: More a matter of what managers do than what they say; how do the manager’s managers spend their time? What are they focusing attention on? Symbolism- the creation and maintenance (or sometimes de construction) of meaning is a fundamental responsibility of managers. 2) Staff: This element is concerned with type and employees the organization need and how the employees shall be recruited, trained, motivated and rewarded. The human resource management processes used to develop managers, socialization processes, and ways of shaping the basic values of managers, socialization processes, and ways of introducing young recruits to the company, ways of helping to manage the careers of
Organizational culture consists of the values and assumptions shared within an organization. It directs everyone in the organization towards the right way of doing things by determine what is important and unimportant in the company. Other than that, it can also be defined as the company’s DNA, is visible yet provides a powerful model that figures what happens in the workplace. Most employees in a strong organizational culture across all subunits understand and hold the dominant values. Companies with stronger cultures are potentially more effective when they consists of three main significant functions which are control system, social guide as well as sense making.
Leadership is an important function in small businesses to large industries. Leadership and management represent two completely different business concepts. Leadership is commonly defined as establishing a clear vision, communicating the vision with others and resolving the conflicts between various individuals who are responsible for completing the organisation. Management is the organization and coordination of various economic resources in a business. Leadership can have a significant impact on an organizations performance.
1. INTRODUCTION In today’s tough, uncertain, competitive and dynamic economy, a business requires a powerful management system to survive in the market. Responsible members are essentially needed to pool together the resources available to reach the set objectives. These members are often the managers of the organization defined as: People who work with and through people by planning, leading, organizing and controlling their work activities in order to achieve organizational goals. In addition to the broad categories of management functions, managers in different levels of the hierarchy fill different managerial roles divided into three categories: decisional, interpersonal, and informational as shown in the diagram below.