Leadership is the process of inspiring and influencing followers or other people to understand and agree about what needs to be done and how to do it. It is the process of facilitating individual and collective efforts to accomplish shared objectives (Yukl, 2013). In recent years, the study of leadership has drawn more attention due to its role in the failure or success of an organization. In order to run the organizations effectively and efficiently, the most important and valued factor organizations need is leaders. The success of an organization depends on the hardworking, devoted and concerned leader and followers competences. Leadership is required in every organization at every level, the success or failure of an organization depends …show more content…
The catalytic roles of micro and small scale enterprises have been displayed in many countries of the world such as Malaysia, Japan, South Korea, USA, Zambia, and India among other countries. According to madenchian et al (2016) SMEs is also viewed as the engine of growth and catalysts for economic and social transformation in a country. Micro and small enterprises (MSEs) have been recognized as a major source of employment and income in many countries of the Third World. Detailed surveys in a number of countries suggest that as many as a quarter of all people of working age are engaged in MSE activities. There is reason to believe that the share of the total population engaged in such activities is growing over time. The contribution of small enterprises to the creation of new jobs has been a controversial issue around the world. Even in the United States, some have argued that eight out of every 10 new jobs in recent years have come from small …show more content…
Especially in Sub-Saharan Africa has experiences MSEs high growth during the last decade. During this period, growth has been stronger in Sub-Saharan Africa than in the OECD-area. While GDP climbed 10 and 20 percent in the Euro-area and the US respectively, GDP nearly doubled in Sub-Saharan Africa. But it is Apart from a few countries like Kenya and South Africa also SMEs faced many problems in Sub-Saharan Africa like, lack of access to proper financial mechanisms and to stable supply of electricity are the main obstacles for business development in the region. In addition to business startup, not well integrated with international financial markets. (ILC 104th 2015) report IV in international labor office, Geneva. those all problem lie to effective
According to the Merriam-Webster dictionary, leadership is defined as "the power or ability to lead other people." In addition to this, leadership Is instructing a team with flexibility, hard work, inspiration. Leaders have equal importance in a team; they are neither above or below anyone. The role they play on the team is essential to achieving the task. Leadership means creating a blueprint of the steps needed and also including the input of others to improve the plan.
Leadership is influencing those around you in a positive way. It also means inspiring others to achieve their goals, while also achieving yours along the way. While inspiration and achievement are essential to be a successful leader, I believe that the most important goal is to encourage others to also become effective leaders. I believe that the following quote aligns to the values of our organization, “I start with the premise that the function of leadership is to produce more leaders, not more followers.” - Ralph Nader.
Abstract The aim of this paper is to study how to mitigate and avoid the perils of hubristic leadership in an organization by using risk management concept. The objective of this study is to identify the main factors that influence the hubris leadership and how the perils of hubris leadership might be mitigate and avoid by using risk management concept. Finally, the main factors that influence the hubris leadership is such like excessive self-confidence, self-importance, egotism, an incentive and abrasive, aloofness or arrogance, betrayal of personal trust and overdependence on a mentor and risk control has been used to minimizing the risk of the loss in hubris leadership by using techniques of risk avoidance and risk reduction. The concepts advanced, and implications discussed, provide an insight into the role of leader in reducing hubris and this paper suggest that future research should attempt to examine other factors that may influence the hubris leadership.
Leadership is the process by which a person exerts influence over his followers and inspires, motivates, and directs their activities to help achieve group or organizational goals. Bernard Montgomery, British Field Marshal also defined leadership as “the capacity and will to rally men and women to a common purpose and the character which inspires confidence”. The follower is someone who agrees with the beliefs of others, or listens to the leader or commands another. The success or failure of organizations can be attributed partly to how well a leader leads, and/or how well a follower follows the leader.
Leadership is the ability of one to organize or lead a group of people. A leader should be respectful, a leader is bound to know what goal is attempted to be reached. My favorite leadership quote is by Chris Hadfield, “Ultimately, leadership is not about glorious crowning acts. It 's about keeping yourself and people around you focused on a goal and motivated to do the best to achieve goals in life, especially when the stakes are high and the consequences matter greatly. It is about laying the groundwork for others ' success, and finally standing back and letting them shine.”
We have all heard of EAST ASIAN MIRACLE where countries such as Singapore ,Taiwan. South korea etc managed to achieve high growth rate after a decade of independence. Not to be outdone countries in south asia such as india and china also turned around their economies to post high growth rates. Infact china became ‘factory of the world’ while india is known as ‘office of the world’. But in the midst of euphoria we seem to have forgotten Africa- a continent with abundant natural resources and diverse geography.
The Private sector plays a vital role in urban and economic development as it is a large contributor to national income and is the sector that employs the most people. The private sector provides 90% of employment in the developing world and provides 83.1% of the United Kingdom’s jobs. In the UK there are 5.3 million micro-businesses (0-9 employees) this makes up 96% of all businesses in the private sector. Those millions of micro-businesses account for 32% of employment and 19% turnover in the private sector. The Large businesses are the ones that bring in the most turnover and contribute the most to the economy.
Authentic and Relational Leadership Poised, Pertinent, Proficient, and Practical Gene T. Roach Jr. University of Charleston Abstract: There are numerous definitions of leadership, all of which contain elements related to people (the leader and the follower(s)), communicating in person or by the written word, actions (organizing, directing, coaching, and/or motivating), and for a purpose (meeting a goal(s) or accomplishing a task(s)) (ADP 6-22) (Fisher 2015) (Bolden 2013) (Hogan 2005). Additionally, everything done occurs within a given context.
In developing this paper on leadership, I examined what was most important to me as a leader. As I reflected on my leadership philosophy, I thought about my experiences and the principals that I have learned through my own self-discovery and the observation of other leaders that I have had throughout my life. My leadership philosophy paper will focus on what leadership is to me, core values, and knowledge of others. In thinking about my definition of leadership, I thought of what was most important to me in and as a leader.
Leadership is an abstract term that constantly evolves. Leadership and its definition adapt to each situation through the assistance of its users in order to influence progress. Because of its ambiguity, interpreting leadership produces useful definitions when viewed within context. Exploring Leadership, a book directed towards college students, discusses the historical views of Leadership and its development over time. The aforementioned book provides the information that constitutes the foundation of this paper and its definition of leadership.
Leadership has been defined in a variety of ways, there are multiple authors and theorists who have tried to define and understand leadership, all leading to varying theories and conclusions, but one thing that is universally understood is the importance of effective leadership and how someone with good leadership skills can impact so many people around them. (Kakabadse and Kakabadse, 1999; Yukl, 2002; Northouse,2013) The main components that have been identified to play a role in leadership are relations between leader and subordinates, interaction form between leader and followers, the influence that the leader has, the way in which the leader behaves and finally a leader’s traits. (Yukl, 2002) These elements that make up a leader, are then used as building blocks to identify the way in which each specific leader deals with its followers.
LEADERSHIP Ogbeidi (2012) found that leadership is referred as “ability to lead, direct and organize a group”. The study of leadership has developed scientifically through changing paradigms during its history where several models and theories have tried to explain the concept of leadership. Kuchler (2008) acknowledges that although subject of leadership is diverse and somewhat scattered but it tends to be one of the most widely discussed topics by the researchers all over the world. We found myriad definitions of leadership after studying detailed literature on it. The concept of leadership is described by different researchers with different perspectives.
According to our group discussion in term of “leadership” in business world, leadership is not just the person who have the job title or higher range position in an organization but leader is the person who knows the way and ability to demonstrate the possible way to
Leadership: Definition Leadership is the process of influencing the motive of the employees and so directing, guiding them to the proper completion of the short-term goals and the mission, vision of the firm. Leadership referring to achieve a specific set of goals of the business enterprise by minimizing risk and more advantage of opportunities is also called Entrepreneurial Leadership (Rao, 2015). Today leadership is such an iterative process when the leaders should have a variety of qualities and expertise in different area of management. Here, different theories will be explained which can clearly identify the scope, the responsibilities and the area of expertise required to be successful leader.
‘Organizations provide its managers with legitimate authority to lead, but there is no assurance that they will be able to lead effectively’ (Lunenburg, 2011). Organizational success usually requires a combination of both management and leadership. In today’s dynamic work environment, leaders are expected to challenge the present state of affairs, and to motivate and convince organization members. Managers are needed to assist in creating and maintaining a positive and well-functioning workplace. ‘Leadership and management are often considered practically overlapping concepts’ (Bohoris and Vorria, 2007, p. 1).