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To What Extent Can Leadership Rescue a Struggling Business

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To What Extent Can Leadership Rescue a Struggling Business
Leadership is the action of leading a group of people or an organization; it is fundamentally what most employees crave as effective leaders are able to give direction, support and even sometimes advice to individuals or departments when they are struggling to perform. When looking at the impact that leadership can have on a struggling business, we need to define what we mean by effective. Is an effective leader someone who is able to motivate work forces into increasing their work rate and increasing their reputation as a reputable business? Or is an effective leader one who generates millions of pounds worth of profit year on year with no a single care of how they make the profit? A leader steps up in times of crises, and is able to think and act creativity in difficult situations. Unlike management, leadership cannot be taught, although it maybe be learned and enhanced through coaching or mentoring. Someone with great leadership skills today is Bill Gates who, despite early failures, with continued passion and innovation has drive Microsoft and the software industry to success.

The two prime examples of these two different sorts of leadership within the same industry are of Richard Branson (Virgin Atlantic) and Michael O’Leary (Ryanair). These two entrepreneurial leaders are both considered effective but in totally different ways with Sir Richard Branson claiming you can’t be a good leader if you don’t genuinely like people” is how he defines good leadership and management style. He is coming forward as a very humble, friendly and down-to-earth human being, judging from several of television and newspaper interviews given. He has constantly acted in a way that has kept him out of the “bad” limelight. Sir Richard’s leadership style and characteristics are based on some very simple and down-to-earth rules: Smile, everything gets much easier if you show a friendly face Have fun at work, Believe in your ideas, employees and colleagues. But are these effective

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