Friday, August 23, 2019

Business leadership plays a vital role Essay Example | Topics and Well Written Essays - 2750 words

Business leadership plays a vital role - Essay Example Business leaders create vision and describe dreams in a way that people would want to follow them. Leaders especially in the commercial business world, have a great amount of emotional intelligence. The intelligent quotient and technical aspects are critical for leaders but they also need to have additional traits that will make them stand out from the rest and be successful. In the above paragraph, I was concerned with what leaders do to achieve what we see them achieve. However, it's evident that what they ought to do is quite different. Many people will agree that the single task of leaders is to see results delivered. This is partly true. Many people have made millions of money training business executives on leadership. All this is in pursuit of leadership that is to achieve bold objectives. The major concern is the finance, strategy and organization of the business (Goleman 2001). Leadership experts offer advice based on: the results of their research, what they believe and their professional experience. I have learnt that good leaders should be able to adopt different managing styles. Researchers suggest that there are essentially six leadership styles in the business industry. Each of the styles emanates from different components but the basis being emotional intelligence. ... Personally, I am multitalented and have attained good academic credentials that have shaped my reasoning and thinking. After pursuing an MBA program, I have been equipped with the necessary general management and strategy skills to both expand the scope of business and increase the profitability of the company or organization that I may end up in. The modern corporate world of businesses is overriding barriers like geographical boundaries in pursuit of business excellence. The economy is embracing changes at international levels and adopting world class standards such as globalization in an effort to increase opportunities everywhere in the world. For this reason, I intend to utilize my vocational management skills in MBA curriculum so as to be better placed to manage global businesses and also work in other countries with different cultures altogether (Goleman 2001). The six styles of management that have been identified are coercive, authoritative, democratic, pacesetting, coaching and affiliative. I have assessed the six leadership styles and discovered that only four of them are efficient. These four are the ones which I will adopt in my leadership and in future endeavors. Coercive and pacesetting styles are very tough. Coercive for instance is described as the use of force or threats to get employees do what is required of them. This holds back organizational flexibility and undermines the motivation in the working environment. Many employees may grow to be rebellious (Goleman 2001). Pacesetting style involves setting very high performance standards for the workers and exempting oneself. This can cause motivation to some employees and great results could be observed;

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