Cultural Dimensions of Leadership
February 12, 2025
We live in a world where increasing complexity is the order of the day and the business landscape is characterized by a rapid turnover of companies which find themselves dethroned from their position because of outmoded thinking or anachronistic strategies. For instance, Nokia and RIM (the maker of Blackberry) were at the top of the […]
In a business setting mangers are put to test when they face the challenge of resolving an ethical dilemma. Often certain situations do not fall in the ambit of procedures or the official code of conduct and this is when the managers feel the heat. The problem with ethical decision making is that a decision […]
Etiquette refers to certain rules and regulations necessary for an individual to follow to find a place in the society. One must be courteous enough for others to draw inspiration and look up to him. An individual without good manners is often lost in the crowd and fails to make his mark. Keep personal life […]
The dialogue between individuals to come to a common conclusion benefiting all is called as negotiation. Negotiation refers to the discussions among individuals evaluating the pros and cons of a situation and coming to an alternative best suited to all. In negotiation, individuals try their level best to come to a conclusion which would satisfy […]
The reinsurance industry has been largely fragmented till now. This is why it is common for ceding insurers to buy different reinsurance policies for their different lines of business. For instance, ceding insurers may buy separate reinsurance policies for their marine business and their property insurance business. In insurance parlance, these lines of businesses are […]
Leadership is a significant aspect of management. In order to ensure organizational success, co-operation from subordinates as well as greater efficiency, it is important for a manager to be a great, effective and a true leader. An effective and true leader is one who does not put himself before others. He/She is very humble, deferential and altruistic.
The required aspects of effective leadership are as follows:
Leadership is boosting an individual’s performance to a greater benchmark, the developing of an individual’s personality crossing its standard boundaries. It is a combo of mindframes, traits, skills, and knowledge. Leadership means adhering to the following principles:
An effective leader is one who meets the job requirements, team requirements as well as individual requirements. While concentrating on the job, a leader would synchronize the departmental goals with the organizational goals.
An effective leader will ensure that the employees have the required skills and competencies for performing the job effectively and efficiently.
He/She would provide the employees the essential resources for performing the job such as time, knowledge and equipment. He/She would ensure that employees have no difficulty in performing the tasks assigned to them. And finally, an effective leader would review progress and give the employees a feedback of their performance.
When a leader is focusing on people, he must be compassionate and empathic. He/She should listen to the employees with understanding. He/She must respect their views and ideas. He/She must train and coach them and make an effort to eliminate unnecessary obstacles from the employees’ work responsibilities.
Finally, when an effective leader focuses on team, he should coordinate team’s efforts. He/She must celebrate team’s success. He/She should review and promote friendly and social environment. He/She should develop a team spirit and achievement sense among the employees as a team.
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