Cultural Dimensions of Leadership
February 12, 2025
Leadership in the Face of Adversity The best leaders are those who can face adversity and turnaround their companies from times of trouble to positions of strength. Throughout history, the leaders who were feted and achieved fame are those who took charge during times of crisis and managed to actualize victory. Similarly, in recent decades, […]
The term Emotional Competence is treated as a buzzword in the present scenario and several studies, as well as investigations, have been undertaken to explain the relevance of Emotional Competence in determining both individual employee and organizational success. Emotional Competence plays a crucial role in improving the quality of our life and individuals with high […]
Dictatorship or Democracy? The Debate Continues over Which System Promotes Growth If we look at the history of economic development of nations over the last hundred years or so, we find that different nations have taken different trajectories in their pursuit of economic growth. While countries such as China opened up their economies and at […]
Credit default swap is the most commonly known derivative which is based on swaps. However, it is not the only one. There are many types of swaps that are used for managing credit risk. In this article, we will have a look at the total returns swap which is commonly used in credit risk management. […]
Interpersonal relationship refers to individuals with similar tastes and mindsets entering into an association. Individuals who share identical goals and interests enter into an interpersonal relationship. It is essential for individuals in a relationship to get along well. Let us go through various factors affecting interpersonal relationship: Compatibility Two individuals in a relationship must be […]
Without an effective leadership strategy, it is believed, that the organizational strategies do not work.
Best players in a team do not guarantee success without a great coach, similarly, work teams may not function effectively if leaders do not follow an appropriate leadership strategy.
To understand leadership styles here are three scenarios:
Scenario 1 - A Teacher gives a question to the class full of students, however, solves it for them;
Scenario 2 - A Teacher gives the question to the students and observes how students solve them;
Scenario 3 - A Teacher gives a question to the students and moves around the class, observes the students, and helps wherever required.
Scenario 1 was “Leading from the Front”, Scenario 2 was “Supportive Leadership Style”, and Scenario 3 was “Interactive Leadership Style”. Besides this the leadership styles/strategies could be based on personality traits like Directive Leadership, Structured Leadership, Intuitive Leadership, or Process Driven leadership.
Here are some tips while selecting leadership strategy/style:
Situational Leadership helps addressing varied needs/expectations of the followers as the leader adopts a strategy based on a situation he/she is in. In case a leader has a self-reliant team, he/she needs to be using a directive leadership style or lead form the front. He/She could instead delegate and provide inputs where necessary.
It is often said that good leaders are born and not made; however, good leaders are those who are aware of their personality traits and also of their followers. They know which leadership style is to be adopted in a particular situation. Once this is done, there is a little challenge left for a leader to become a “good/great” leader.
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