principles and theories of leadership

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principles and theories of leadership

strentghs and weaknesses

The importance of and defining leadership in a bussiness business

external links for more imfomation: https://journals.aom.org/doi/abs/10.5465/19416520.2016.1153260, https://www.academia.edu/download/78377054/18.pdf

Motivates employees: Effective leaders are able to inspire their staff members. They are aware that each person is unique and that what suits one individual may not suit another. They thus take the time to get to know their teammates and learn what motivates them. They also foster a happy workplace where staff members have a sense of worth and appreciation. Employees are more likely to be engaged and motivated when they believe they are a valuable member of the team and that their contributions matter. (Imran, R. et al, 2012).

decreases mistakes: Any workplace that hopes to reduce errors and function efficiently needs a good leader, but this is especially true in high-pressure settings where errors can have dire repercussions. To avoid costly errors, a leader must be able to recognise such issues early on and take action to address them. (Zaheer, A, et al. 2012).

Improves productivity: An efficient leader has a profound impact on the output of a team. Employee productivity is higher when they feel appreciated and driven. However, an ineffective leader might make staff members alienated and uninterested in their task. An effective team leader will see an increase in overall productivity, efficiency, and success. (Zaheer, A, et al. 2012).

Creates better work environment: Leaders have a significant influence on the atmosphere at work as a whole. They establish an environment of mutual respect and trust, which in turn encourages innovation and teamwork. Strong management fosters a positive work environment and increased employee morale, which increases motivation. (Walters, K. et al, 2017).

Improved communication: Among a leader's most significant responsibilities is to promote communication in the workplace. Effective communication is crucial for any team to operate properly. Good leaders will always prioritise maintaining open channels of communication and fostering an inclusive, open workplace where people feel free to express their opinions. A leader can promote a work environment where new ideas are welcomed and miscommunications are prevented by making sure staff members have a platform to express their worries and thoughts. (Rodriguez, J. et al. 2017).

Leadership skills

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Leadership theories needed to run a 21st century business and to be an agile leader

external links for more imfomation: https://www.researchgate.net/profile/Allah-Nawaz-2/publication/293885908_Leadership_Theories_and_Styles_A_Literature_Review/links/56bcd3ad08ae9ca20a4cdea2/Leadership-Theories-and-Styles-A-Literature-Review.pdf, http://lrhartley.com/seminars/CP-Leader_article.pdf

Even though situational leadership places a lot of attention on the leader, it also highlights the importance of the group dynamic. These leadership philosophies included giving others orders (autocratic), involving others in ideation, planning, and execution (democratic), and granting total autonomy with minimal or no guidance to others (laissez-faire). A servant leader puts the needs of their followers first and assists them in becoming more knowledgeable, independent, and free. Positive reinforcement for good work, merit pay for promotions, better performance, and collaboration for collegiality could all be offered. "Tries to induce followers to reorder their needs by transcending selfinterests and strive for higher order needs," according to transformational leader Bass.

Transformational leadership proponents are confident that the arrangements of the past shouldn't serve as a blueprint for the future. They contend that effective transformational leaders develop compelling and unambiguous future visions. Transformational leaders prioritise vision, long-term objectives, system alignment and change, as well as the development and training of others. According to Bass, these leaders also exhibit transactional behaviours. (Northouse, P. G. 2021).

Transformational leaders place a great value on their relationships with followers and show special attention to each follower's needs in terms of personal development, achievement, empowerment, and increased self-efficacy. Positive results are associated with transformational leadership at both the individual and organisational levels. Higher-order demands like self-actualization and self-esteem are encouraged by transformational leaders, who also have a significant impact on motivating followers to prioritise organisational objectives over personal interests. (Bass, 1995)

Throughout the past few decades, organisations have undergone structural changes to their work techniques and procedures. Most organisations are creating flatter, leaner structures in place of the old hierarchical architecture to support a workforce that is more empowered and works in teams. Over time, leadership has also undergone substantial transformation. Expanding upon the corpus of research conducted to comprehend leadership. The literature on leadership shows that theories have evolved over time and that none of them are wholly unnecessary. There are a plethora of definitions, classifications, theories, and justifications for leadership in today's literature. A great deal of work has gone into categorising and elucidating the various aspects of active leadership, leading to a significant amount of organisational and social study on the behaviours and styles of leadership. (Nawaz, Z. et al, 2016).

Organisational leaders face a completely new set of management difficulties as we approach the turn of the twenty-first century. The industrialised world's economies have seen significant changes due to the rapid spread of information and communications technologies and the globalisation of markets.

Emerging leadership theories

Strategic Leadership: Strategic leadership is a set of choices and actions that are substantive and process-oriented, and they allow the organization's history, present, and future to come together over time.

Academic Leadership: The foundation of academic leadership is comprised of several elements, including team acceptance, discipline, professional and peer recognition, knowledge, personal attributes, experience, and competence (Yielder & Codling, 2004).

Charismatic Leadershi: According to House's (1977) theory of charismatic leadership, leaders mark their behaviours in unique ways that have a specific charismatic effect on their followers. These behaviours include being dominant, having a strong desire to influence others, exuding confidence, and having a strong sense of their own moral principles.

Transformational Leadership: The process of a leader engaging with subordinates to build a relationship that develops and enhances the level of inspiration and ethics in both the leader and the subordinates is known as transformational leadership.

Knowledge Leadership: The practise of knowledge leadership involves utilising each person's unique learning process to assist the group in achieving its goals and those of the organisation.