Business Policy and Strategy

Topics: Leadership, Management, Skill Pages: 7 (1671 words) Published: July 25, 2015
1. Why is leadership important?
Leadership is the foundation for an organization’s success. While an individual cannot run an organization, the leaders are there to foster the relationship with all employees. Without leadership, organizations start to stagnate and become lethargic. They fail to achieve their goals, Leaders not only play a role in strategy formulation, but more importantly, play a crucial role in implementation of organizations strategies (Mills, 2005). In order for this to be successful, leaders steer the organizations through planned changes or behaviors. They are responsible for the long-lasting change within an organization by motivating employees to achieve their and the organizations goals while overcoming resistance. Simply, without an effective leader organizations would slow slip into confusion and chaos.

2. What are the five key elements in our leadership definition? How do the elements interrelate to form this definition? You have followers who are important as for without them there could be no leader. They in turn influence the leader. There is influence. Effective leaders influence their followers. They use their interpersonal skills to communicate, gain support and motivate others. There is an organizational objective. This means a shared vision by the leader and followers. Next is change. The leader helps to spark change by taking risks and inspiring their followers. Finally, there are people. Leaders focus their influence through means to assist people to succeed and view it as a support to their doing.

3. Are leaders born or made, and can leadership skills be developed? Leadership can be viewed as a bell curve with a bottom 10% not having the ability to be a leader, but there is a far higher majority that have the potential to be leaders and then 10% of those who are just born to do it. As the largest grouping shows, there is a larger population that has the ability to have this skill develop over time. These people learn from leaders, use their own life experiences, and challenge themselves to develop this skill into something more for their future.

4. List and define the interpersonal managerial leadership roles. These are the figureheads, leader and liaisons. The figureheads are focused on fulfilling social and legal obligations for an organization. Leaders are there to motivate, guide and support the employees to achieve organizational goals. The liaison is meant to network within and outside the organization to gain important information and favors.

5. List and define the informational managerial leadership roles. The roles are monitor, disseminator and spokesperson. A monitor takes the time to research and analyze the internal and external SWOT for the organization. The disseminator is responsible for sharing the information to all those in the organization, but bases the information provided to their relevance with the organization. The spokesperson takes the relevant information and disperses it to the outside world as the representative of the organization.

6. List and define the decisional managerial leadership roles. They are entrepreneur, disturbance handler, resource allocator and negotiator. The entrepreneur focuses on generating and then implementing change. The disturbance handler mediates unexpected situation with the organization in mind. Resource allocators help to keep the strategic direction of the organization in mind. Finally, the negotiator helps to eliminate or elevate issues of labor, customer concerns, supplier issues, and employee relations.

7. List and define the levels of analysis of leadership theory. There are three levels of analysis: the leader and the individual followers, the groups of followers, and the organizational process. The first level of the leader focusing on the relationship with an individual follower is called the dyadic process. This is viewing it as a reciprocal process between the leader and the follower....

References: Mills,D.,Q.,(2005). Leadership How to Lead, How to Live. Retrieved from http://www.cafanet.com/LinkClick.aspx?fileticket=qwswE8roe74%3D&tabid=96
Lussier, Robert N. and Achua, Christopher F. (2013). Leadership: Theory, Application, & Skill Development (5th Ed.) South-Western: Cengage Learning.
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay on business strategy
  • Business Strategy Essay
  • Business Strategy and Policy Essay
  • business policy and strategy Essay
  • The Important of Business Strategy And Policy Essay
  • Essay about Policy Analysis and Influence Strategy
  • Business Policy/Finance Essay
  • Essay about business society and policy

Become a StudyMode Member

Sign Up - It's Free