Cultural Dimensions of Leadership
February 12, 2025
Ceding insurance companies take reinsurance in order to protect themselves from massive losses that may occur when catastrophes occur. The problem is that when these catastrophic events do occur, the maximum limit of the reinsurance contract is breached. As a result, ceding insurers may find themselves without any coverage in the middle of the year. […]
Organizational vision & mission, provide a sense of purpose or establish the the reason of existence of an organization. According to Sullivan & Harper 1996, a well-defined organizational vision establishes both long term and short term goals, empower and motivate leaders as well as followers in implementing change and strengthening their adaptive mechanisms for staying […]
Let us first understand what does character mean? Character refers to the sum of an individual’s qualities and characteristics which differentiate him/her from others. An individual’s character is actually an amalgamation of his/her qualities which makes him unique and helps him stand apart from the rest. Character plays an essential role in Personality Development Remember […]
“I am in this job because I have no other option.” If this is what an employee of your company feels, read on to know how this statement can be changed to something more positive – “I love what I do.” First things first – whose responsibility is it to ensure that an employee loves […]
The MeToo movement has caused ripples across the entire world. The fact that some of the most prominent and powerful men in the world are harassing their female colleagues has been a shocking revelation to many. It has also opened the potential for many lawsuits. Companies that continue to keep accused on their payroll are […]
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.
Your email address will not be published. Required fields are marked *