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Leadership Theories and Styles
- 1. Raksha Senuhar Shruti Chettri Sujay Roy Vallusha Gupta Ritesh Chettri Anilava Bhattacharya Rajat Paul Leadership Under The Guidance Of: Dr. Deepak Subba
- 2. What is Leadership ? “The action of leading a group of people or an organization .” That’s how the Oxford Dictionary defines leadership. In simple words, Leaders motivate others to achieve something new and better. Interestingly, leaders do what they do to pursue innovation, not as an obligation. They measure success by looking at the team’s achievements and learning.
- 3. Situational Leadership Theory 03 Behavioral Theory 02 Trait Theory 01 Leadership Theories
- 4. Self confidence Smartness Intelligence Commanding Personality Falguni Sanjay Nayar (born 19 February 1963) is an Indian billionaire businesswoman, who is the founder and CEO of the beauty and lifestyle retail company Nykaa, formally known as FSN E-Commerce Ventures which is an acronym of her own name. Nayar is one of two self-made female Indian billionaires. Trait Theory : Phalguni Nair Vision and Foresight Inner Drive Maturity Leadership Styles that fits Falguni Nayar are: Transformational, Servant, Collaborative and Authentic Leadership DNA Women Achievers Awards 2023: Daily News and Analysis (DNA) India has announced the winner of DNA Women Achievers Awards 2023 in the FMCG category, and it is none other than Nykaa Cosmetics founder and CEO Falguni Nayar
- 5. Behavioral Theories University of Michigan’s Studies Production oriented leader Employee-oriented leader Emphasizes human relation Taking a personal interest in the needs of employees and accepting individual differences among them. Similar to consideration. focuses on task-oriented activitie Accomplishing the group’s tasks. Similar to initiating structure.
- 6. Employee Development Vision oriented Communication Commitment Inspire • He was voted among the 20 most powerful men in the world by Asia week in 2010. • He has twice been listed among the 100 most influential people by Time magazine, once in 2004 and more recently in 2011. • He has been regularly listed one among the 500 Most Influential Muslims. • He also serves as the Chancellor of Azim Premji University, Bangalore. • Premji was awarded Padma Vibhushan, India's second highest civilian award, by the Government of India Leadership style that fits Azim Premji are: Transformational and Participation leadership style. Azim Hashim Premji (born 24 July 1945) is an Indian businessman and philanthropist, who was the chairman of Wipro Limited. He was responsible for guiding Wipro through four decades of diversification and growth, to finally emerge as one of the global leaders in the software industry. Azim Hashim Premji
- 7. Product Oriented Theory : Elon Musk High Expectation Task Oriented Result’s Driven Innovative Supportive Elon Reeve Musk business magnate and investor. • He is the founder, CEO and chief engineer of SpaceX and Tesla • Owner and CEO of Twitter. • Founder of the Boring Company. • Co-founder of Neuralink and OpenAI. • Musk is the second-wealthiest person in the world. Leadership style that fits Elon Musk are: Transformational, Visionary, Autocratic Leadership • Musk has received several environmentalist awards, including the National Wildlife Federation's Connie Award and a Global Green award. • For contributions to space travel, Musk was elected a Fellow of the Royal Society in 2018 • Listed four times in the Time 100 Most Influential People in the World in 2010, 2013, 2018 and 2021, • On December 13, 2021 Time magazine named Musk Person of the Year.
- 8. SITUATIONAL LEADERSHIP THEORY: Maturity levels: Maturity or readiness level 1 (M1): At this level, members may be new to the role and have not yet gained the knowledge or skills to complete a task. •Maturity or readiness level 2 (M2):employees are eager and willing to perform their role, but may require additional supervision. •Maturity or readiness level 3 (M3):generally possess higher skill levels and competence. However, the responsibility for decision- making remains with the situational leader. •Maturity or readiness level 4 (M4): members are willing and able to complete tasks independently from the leader's input.
- 9. Situational Theory: Ratan Tata Adapting Delegative Directive Responsable Born-28 December 1937 (Age 83), Bombay Nationality-Indian Alma Matter- Cornell University (B.Arch) Occupation- Businessman | Philanthropist | Investor Title- Chairman Emeritus, Tata Sons and Tata GroupAwards- Padma Vibhushan (2008), Padma Bhushan (2000) Adapting, Delegative, Responsible, Directive Ratan Tata can be seen as an example of a leader who demonstrated situational leadership in his tenure as the chairman of Tata Sons. He took over the leadership of the company during a difficult period of transition, when the conglomerate was facing financial and operational challenges.
- 10. Conclusion • Leadership is viewed as the process of guiding, teaching motivating and directing the activities of others towards attaining goal. It involves having abilities to influence others. • Transformational leadership is better than other styles because of clear vision, capacity to empower the followers, empathy, autonomy, chances of career development and learning. • Moreover leadership has crucial role in the success of the organizational potential and performance. • Success can be achieved by training the staff at the managerial level may be cost effective and more beneficial rather than changing wide range of organizational change. • Some researchers suggest that visionary leadership may help high level of performance in the new organizational environment. • More researches and studies needed for the development of effective leadership style and its impact on organizational success.
- 11. Thank You