Cultural Dimensions of Leadership
February 12, 2025
Having goals or a clear purpose is important to each of us. In fact, people who set goals are always more successful than the others. For leaders who are serious about setting goals, some things are to be kept in mind. These goals need to be Specific, Measurable, Attainable, Realistic, and with Timelines. Besides, for […]
When individuals find it difficult to adjust with each other, the best way is to sit together and discuss among themselves and adopt the middle path. Instead of fighting with each other, it is better to discuss things and come to an alternative benefiting all. Negotiation takes into account the personal interests of all and […]
The reinsurance industry is a very important part of the structure of the insurance industry of any country. It is the reinsurance industry that provides the much-required stability and backup capital that enables insurance companies to underwrite more business. Hence, the regulation of reinsurance companies and the reinsurance business is equally important when compared to […]
Organizational Diversity in the West The practice of organizational diversity in contemporary organizations around the world offers some insights into how the discrimination, harassment, and prejudice based on gender and other minority groups plays itself out. For instance, in the West, it is common for employees to be politically correct in their utterances and communication […]
Following are the main roles of a leader in an organization: Required at all levels- Leadership is a function which is important at all levels of management. In the top level, it is important for getting co-operation in formulation of plans and policies. In the middle and lower level, it is required for interpretation and […]
Leadership and management are the terms that are often considered synonymous. It is essential to understand that leadership is an essential part of effective management.
As a crucial component of management, remarkable leadership behaviour stresses upon building an environment in which each and every employee develops and excels.
Leadership is defined as the potential to influence and drive the group efforts towards the accomplishment of goals. This influence may originate from formal sources, such as that provided by acquisition of managerial position in an organization.
A manager must have traits of a leader, i.e., he/she must possess leadership qualities. Leaders develop and begin strategies that build and sustain competitive advantage.
Organizations require robust leadership and robust management for optimal organizational efficiency.
Leadership differs from management in a sense that:
Leadership, on the other hand, is an art. In an organization, if the managers are required, then leaders are a must/essential.
Leadership sees and evaluates individuals as having potential for things that can’t be measured, i.e., it deals with future and the performance of people if their potential is fully extracted.
The organizations which are over managed and under-led do not perform upto the benchmark.
Leadership accompanied by management sets a new direction and makes efficient use of resources to achieve it.
Both leadership and management are essential for individual as well as organizational success.
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