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LEADERSHIP IN THE CHANGING
ECONOMIC SCENARIO
BY PRASHANT ARSUL
DEFINITION OF LEADERSHIP
 Koontz and O’Donnell:
“ Leadership is influencing people to follow and to
work willingly for the advancement of common goal.”
 Keith Davis:
“leadership is the ability to persuade others, to seek
defined goals enthusiastically. It is a human factor which
binds a group together and motivates it towards its
goals.”
 Chester Barnard:
Leadership refers to the quality of the behaviour of
the individual whereby they guide people on their
activities in organised efforts.”
MEANING OF LEADERSHIP
 Leadership is the ability of a manager to
induce the subordinate to work .
 Leadership is to motivate the organisational
members to achieve the organisational goal.
 Leadership is the process of direction with
confidence.
 Leader is the representative of the group.
QUALITIES OF LEADER
Conventional / Traditional qualities
 Understand business issue
 Negotiation
 Discipline
 Decision making
 Act as a representative
 Efficient in management functions
REASONS FOR CHANGING
ECONOMIC SCENARIO
INTERNAL BUSINESS ENVIRONMENT
 Change in Management
 Change in top level
management
 Implementation of new
technology
 Creating healthy
environment
 Implementing new practices
EXTERNAL BUSINESS ENVIRONMENT
 Technological change
 Market change
 Political change
 Change in policies
 Social change
 International change
RECENT TRENDS IN ECONOMIC
SCENARIO, ORGANIZATION AND
LEADERSHIP
1. Workplace diversity
2. Total Quality
Management
3. Reengineering
4. Downsizing
5 Merger and Acquisition
6 Global marketing
7 Employee empowerment
8 Social responsibility
EMERGING LEADERSHIP
REQUIREMENT
 Creativity
 Vision and innovation
 Ability to recognize, create and engage the talent
 Time Management
 Delegation of Authority
 Managing Conflict
 Technical competency
 Network
 Act as a counsellor
 Proper use of Power
CONCLUSION :
 Leader must create strategic plan
according to changing situation.
 Style of leading should be based on
change scenario.
 Requirement of technological soundness.
 Trust building among the organisation.
 Prediction of the future
THANK YOU

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Leadership in the changing economic scenario

  • 1. LEADERSHIP IN THE CHANGING ECONOMIC SCENARIO BY PRASHANT ARSUL
  • 2. DEFINITION OF LEADERSHIP  Koontz and O’Donnell: “ Leadership is influencing people to follow and to work willingly for the advancement of common goal.”  Keith Davis: “leadership is the ability to persuade others, to seek defined goals enthusiastically. It is a human factor which binds a group together and motivates it towards its goals.”  Chester Barnard: Leadership refers to the quality of the behaviour of the individual whereby they guide people on their activities in organised efforts.”
  • 3. MEANING OF LEADERSHIP  Leadership is the ability of a manager to induce the subordinate to work .  Leadership is to motivate the organisational members to achieve the organisational goal.  Leadership is the process of direction with confidence.  Leader is the representative of the group.
  • 4. QUALITIES OF LEADER Conventional / Traditional qualities  Understand business issue  Negotiation  Discipline  Decision making  Act as a representative  Efficient in management functions
  • 5. REASONS FOR CHANGING ECONOMIC SCENARIO INTERNAL BUSINESS ENVIRONMENT  Change in Management  Change in top level management  Implementation of new technology  Creating healthy environment  Implementing new practices EXTERNAL BUSINESS ENVIRONMENT  Technological change  Market change  Political change  Change in policies  Social change  International change
  • 6. RECENT TRENDS IN ECONOMIC SCENARIO, ORGANIZATION AND LEADERSHIP 1. Workplace diversity 2. Total Quality Management 3. Reengineering 4. Downsizing 5 Merger and Acquisition 6 Global marketing 7 Employee empowerment 8 Social responsibility
  • 7. EMERGING LEADERSHIP REQUIREMENT  Creativity  Vision and innovation  Ability to recognize, create and engage the talent  Time Management  Delegation of Authority  Managing Conflict  Technical competency  Network  Act as a counsellor  Proper use of Power
  • 8. CONCLUSION :  Leader must create strategic plan according to changing situation.  Style of leading should be based on change scenario.  Requirement of technological soundness.  Trust building among the organisation.  Prediction of the future