2. DEFINITION
leadership in business is the capacity of a company’s
management to set and achieve challenging goals, take fast and decisive action
when needed, outperform the competition, and inspire other to perform at the
highest level they can.
3. IMPORTANCE OF LEADERSHIP
• Initiate action- Leader is a person who starts the work by communicating
the policies and plans to the subordinates from where the work actually
starts.
• Motivation- A Leader prove to be playing an incentive role in the concern’s
working. He motivates the employees with economic and non-economic
rewards and thereby gets the work from the subordinates.
• Providing guidance- A leader is not only supervise but also play a guiding
role for the subordinates.
• Creating confidence- Confidence is an important factor which can be
achieved through expressing the work efforts to the subordinates, explaining
them clearly their role & giving them guidelines to achieve the goals
effectively.
4. • Co-ordination- co-ordination can be achieved through reconciling personal interests
with organizational goals. This synchronization can be achieved through proper &
effect co-ordination which should be primary motive of a leader.
5. BEHAVIORAL CHALLENGES
• Ability Power
• Political implication of power
• Leadership Style And Culture Change
• Values And Culture
• Ethics & Strategy
• Managing Conflict
• Linking Performance & Pay To Strategies
6. 01.ABILITY POWER
It is the potencial ability to influence the others. Leaders often use their powerto
influence other
and influence other and implement strategy. The formal power that comes
through a leader’s position in an organization (they cannot use power to influence
coustomers and government officials) requires leaders to use more than formal
power (expertise, charism, reward ability, informational ability, legitimate
power,coercive ability).
7. 02. POLITICAL IMPLICATION OF POWER
organizational politics is an institutionalized contingency To achieve, enhance and
utilize authority and other resources to achieve preferred outcome in the system.
A set of activities in which people engages defined. To maintain political
behaviour while implementing the organizational should try. They should
8. 03. Leadership style & culture change
It is set of value beliefs, & behaviors that define what an organization stands
for, how it work, & what is important to its members. It helps to understand
that. Organization culture should be appropriate & support their organization .
Culture must have some value in it. While changing organizational culture
involves persuading people abandon many of their existing beliefs and the
behaviors that stem from them and adopt new ones, the first difficult that
arises in practice is identifying the salient characteristics of the existing
culture. Using one of the standardized and well-validate inventories or
questionnaires developed by several consultants to measure the
characteristics of corporate culture can aid in the process of understanding
and gaining insight into the existing culture
9. 04.VALUE AND CULTURE
• A value and culture has value and importance to an individual.
People must have shared values. This values pulls everyone in the
same direction, from top management to the factory people on
the factory floor.
10. 05. ETHICS AND STRATEGY
Ethics are contemporary standards and principles ir behaviors that govern
the action and behavior of individuals within an organization, the
organization must avoid certain unethical practices for the business
system to function successfully, and the organization must adhere to
legal laws and government rules and regulations.
11. 06. MANAGING CONFLICT.
• Conflict is a process in which one person or entity deliberately
tries to constrain another in order to further the others goal
association frustrates acivement are his intrests conflicts
should be resolved by the association.
12. 07. LINKING PERFORMANCE AND PAY TO STRATEGIES
• Effectively implement strategies to support the
organizations long term objective such as wage
increases, promotion, merit pay, bonus etc. Should be
given more closely.
13. CONCLUSION:
In the summation, the role of leadership and management can work in
different capacities, yet be the same when developing an organization.
Leadership is nothing if it doesnot built a systems based management
structure, and management would have no support without the work pf
leadership as the backbone of ideals