And that leadership is about. Yes‚ it needs skills to do that and it is not as simple as we turning the palm of our hand. There are some processes should be gone through which can’t be done instantly. It needs some valuable and positive changes among people. However‚ leadership can be learned‚ understand and develop among people. Leadership can be categorised into two styles. The first style is called transactional leadership while the other one is called transformational leadership. And on this
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LEADERSHIP The activity of leading a group of people or an organization or the ability to do this. Leadership involves (1) establishing a clear vision‚ (2) sharing that vision with others so that they will follow willingly‚ (3) providing the information‚ knowledge and methods to realize that vision‚ and (4) coordinating and balancing the conflicting interests of all members and stakeholders. Leadership is "organizing a group of people
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Contrasting Servant Leadership to Transactional Leadership Organizational Behavior and Management defines Transactional Leadership as being‚ “Helps the follower identify what must be done to accomplish the desired results (e.g.‚ better-quality output‚ more sales or services‚ reduced cost of production) and ensures that employees have the resources needed to complete the job‚ (Ivancevich‚ Konopaske‚ Matteson‚ p. 453).” Business dictionary defines transactional leader as a‚ “style of leadership that is based
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STRATEGIC MANAGEMENT & LEADERSHIP From: Owais Mateen Siddiqui To: Director of Waka International Date: 21st September 2012 TABLE OF CONTENT Contents 1.0 INTRODUCTION 3 2.1 LINK BETWEEN MANAGEMENT AND LEADERSHIP 4 MANAGEMENT 4 LEADERSHIP 4 2.2 MANAGEMENT & LEADERSHIP STYLES 5 Authoritarian leadership style 5 Democratic leadership style 6 Laissez-faire style 6 2.3 EVALUATION OF LEADERSHIP STYLES 7 CONCLUSION 7
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MacGregor Burns (1978) first introduced the concept of transforming leadership in his descriptive research on political leaders‚ but this term is now used in organizational psychology as well. According to Burns‚ transforming leadership is a process in which "leaders and followers help each other to advance to a higher level of morale and motivation". Burns related to the difficulty in differentiation between management and leadership and claimed that the differences are in characteristics and behaviors
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ROLE OF LEADERSHIP: OPTIMIZING ORGANIZATIONAL PERFORMANCE By Lisa Smith‚ Troy University Abstract Current post-downturn business environment demands more production and service from the organizations at less cost‚ which in turn requires more production and service from the employees at less cost. However‚ the age-old dominance of extrinsic rewards makes it difficult for the organizations to get more production from the employees at less cost‚ which in turn sets the leadership task to achieve
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Leadership and entrepreneurship_ assignment 1 Leadership and entrepreneurship have become more popular recently so that many researchers have been studied about these subjects and tried to find out their definitions and nature (Northouse‚ 2007; Kuratko and Hodgetts‚ 2007 and Deakins and Freel‚ 2009). It cannot be denied that there are a huge amount of people having leadership and entrepreneurship characteristic. In order to have a look closer about the leadership and entrepreneurship‚ the author
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Types of Leadership 1. Autocratic Style: Leaders have complete authority and control”His style is ’Do What I Tell You”.He retains as much power & decision making authority as possible. He makes decisions without reference or consulting to anyone else. It makes high degree of dependency on the leader which may create de-motivation and hostility of staff. • An autocratic leader is the one who commands and expects followership. The leader leads by the ability to withhold or give rewards
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transformational leadership is a kind of leadership style that can inspire and stimulates positive changes in individuals that follows. Transformational leaders are usually emotionally intelligent‚ energetic‚ passionate‚ and fervent. Transformational leader also concentrated on assisting every follower of the group succeed as well. Transformational leaders are individuals‚ who encourage and inspire followers together to attain astonishing values and‚ in the process‚ develop their own leadership capacity
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Free-Market Capitalism Hector Avelino‚ Doug Mac Donald‚ and Neal McKinstry PHL/266: Foundations of the Free-market System University Of Phoenix Gerald Voltura September 4‚ 2006 Abstract This paper will attempt to provide an overview and details on the free-market capitalism. The information presented will attempt to provide an explanation of free-market capitalism‚ what challenges lie before the world‚ and what the future holds for a free-market world
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