WHY LEADERSHIP IN MANAGEMENT IS EXTREMELY IMPORTANT

Why leadership in management is extremely important

Why leadership in management is extremely important

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There are some key aspects that influence the management paradigm chosen. Continue reading to find out more about this.

The most recent research studies have shown that the most successful leaders are those who lead by example and actively seek career as well as personal development chances for their workers. This is just due to the fact that people respond much better to leaders they appreciate and keep in high regard, meaning that leaders should practice what they preach and let their direct reports mimic their behaviour. If you have been in the corporate world for a while, you should have heard many leadership quotes that underscore the value of teamwork. This is particularly true in a leadership context where leaders put in time and effort to build robust and high-performing teams. There are lots of methods leaders can set about this but the most popular method is to introduce teambuilding activities. These can either happen at the workplace or in a social setting, something that individuals such as Nathalie Drach-Temam will likely understand.

The definitions of leadership might vary considerably, and this is mainly due to the fact that there are numerous management techniques and paradigms that leaders can embrace today. While the personality and vision of the leader plays a big function in this, there are other factors that also determine the management approach followed. For instance, the size of the company typically determines a certain leadership paradigm. Typically, smaller sized businesses tend to go with a more versatile and fluid management style that offers workers more autonomy and agency over their work. This leadership technique does not include more than two layers of leadership due to the smaller number of employees. Conversely, larger companies that employ a bigger labour force tend to opt for more structured and layered management approaches in which leadership duties are assigned based on merit, skillset, and market understanding. This is something that people like Christopher Patten are likely familiar with.

While there are numerous leadership skills that here all leaders must develop, one of the most important is communication skills. This is among the most useful leadership qualities as leaders are required to be excellent orators externally as well as exceptional communicators internally. Within the organisation, leaders are anticipated to inform coworkers and direct reports on customer projects as well as the current business advancements. Externally, one of the main tasks of business leaders is to network with fellow leaders and build helpful connections that might be beneficial to the business. Another important skill to work on is persuasion. Leaders are expected to affect and persuade 3rd parties of company proposals in order to sign favourable deals to the organisation. Not just this, however having good persuasion abilities makes leaders more dependable and reliable, and this is something that people such as Minouche Shafik are most likely to validate.

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