Curious Observation – First Step in Decision Making Process
February 12, 2025
Technology has started impacting all businesses. The restaurant business is no different. Earlier, restaurants used to be low tech and were businesses which were run by moms and pops. However, now restaurants have gone high tech. Several innovations are now part of the restaurant model. The “Cloud-Kitchen” is one such innovation. In this article, we […]
Recognising the need to invest into creating and building Youth Entrepreneurship in the country, Governments and international agencies have embraced long term agendas to co-operate and collaborate in formulation of strategies and implementation plans for building training programs, building awareness amongst the youth and the families and empowering the youth with the required skills and […]
The holding company-subsidiary company corporate structure is extremely popular all across the world. All large companies serve as holding companies. For instance, Apple Inc. is a holding company which is registered in the United States. Apple has several subsidiaries all across the world. Companies like Apple China and Apple Russia are registered in their respective […]
New product development refers to introducing a new product and launching the same in the market keeping in minds customers’ needs and expectations from respective organizations. Bringing a new product in the market and ensuring the same is accepted by end-users is extremely challenging and requires brainstorming which eventually leads to generation of unique and […]
The art of achieving the sales targets within the desired time frame through effective planning and budgeting refers to sales management. Effective sales management ensures timely generation of revenue and profitability of the organization. Sales professionals in simpler words are the face of any organization and have the responsibility of making a particular brand popular […]
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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