Cultural Dimensions of Leadership
February 12, 2025
Collateralized debt obligations (CDOs) are a very important and popular type of credit derivative. With the growth in structured finance, the origination and trading of collateralized debt obligations (CDOs) has seen a massive uptick. Their demand has increased multifold and as a result, newer products such as synthetic collateralized debt obligations (CDOs) are also being […]
It is common for insurance companies to not hold the entire risk that they underwrite on their own portfolios. Instead, insurance companies try to find ways and means to offload some of this risk to other entities. This is common with all types of insurance. However, it becomes more pronounced with catastrophe-related insurance. This is […]
Corporate dressing refers to the art of dressing formally and correctly. Corporate dressing helps an individual to dress according to his work profile and organization culture. Formal dressing, if done correctly goes a long way in shaping one’s personality. People take you seriously if you are dressed sensibly. Remember no one likes to speak to […]
There have been several discussions and arguments regarding whether public administration can be categorized as a Science or as an Art. During our discussion of the topic earlier, we had come across authors and social scientists who vehemently supported the cause that public administration was a science indeed and amongst the most notable supporters of […]
An effective communication is a vital key to a successful group discussion. Remember you are not the only one speaking in the group discussion; there are other participants as well who are vying for the limelight. You might get only a single chance, and you just can’t afford to miss the opportunity to create that […]
We have introduced the concept of Transleader in the previous articles. We discussed how a leader who is integral to the organization and vice versa could prove to be an effective leader.
Taking the discussion forward, this article reviews the three traits that make for effective leadership and separates leaders from followers. The three traits that are discussed here are character, vision, and relationship effectiveness. It needs to be mentioned that these three are not the only traits but more like these traits are essential to leadership.
In other words, these traits are necessary but not exhaustive.
In other words, the individuals who have their values and beliefs in deep-rooted ways would be able to withstand the pressures and tests of their values and principles. Since leadership is all about being the final decision maker, it is important for the leaders to be committed to principle and be driven by values instead of merely pursuing the bottom line. Hence, the first trait of effective leadership is the strength of character that leaders have.
The point here is that leaders are individuals whom the followers look up to guide them towards the future and hence leaders ought to have visionary capabilities to actualize this need.
We have examples from business, government, and society where true leaders like the late legendary Steve Jobs, Bill Gates, and Larry Paige and Sergei Brian of Google proved that they had game changing ideas about the future. The essence of 21st century leadership is not only about peering into the future but also making the future a place for the organization to thrive and succeed.
In other words, leaders are those individuals who are not threatened by the future and instead like the legendary mythological prophets in every religion can show pathways to the future which the followers can follow.
Finally, it needs to be noted that leaders must find the organizations that they are comfortable in and hence their characteristics and the organizational DNA must be aligned to create a winning combination. After all, one can be the right person for the wrong job and the wrong person for the right job and what matters is whether one is the right person for the right job.
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