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Is leadership effective in business world.?pros and cons of leadership? And give

ID: 377185 • Letter: I

Question

Is leadership effective in business world.?pros and cons of leadership? And give examples of stevejobs and bill gates are they leader of their organization? If so, then how do they lead there organizations? Please give every detail. Make as long as you can. Is leadership effective in business world.?pros and cons of leadership? And give examples of stevejobs and bill gates are they leader of their organization? If so, then how do they lead there organizations? Please give every detail. Make as long as you can.

Explanation / Answer

Yes, leadership is effective in business world due to below reasons:

Leadership can be defined as a process of guiding and leading team members inorder to achieve the organizational goals.

A leader is like a captain of the ship and hence an organisation without a leader would be directionless

The leaders main role is to:

- Have through knowledge on what the organisations businesses is

- Understand the organisations end goal

- Build strategies to achieve these goal

- Be a visionary of future

- Build his team on own

- Adopt different leadership styles according to situations to manage the team

- Explain to the team on what is expected out of them to achieve the organisation's goal

- Motivate the team by looking into their individual developments in the organisation

- Become an influential leader and build trust among the team

- Finally achieve the organisations goals by adopting the above strategies

Pros of leadership:

Leadership is needed to increase the organisations productivity which in turn increases the revenue of an organisation

They are required to form, analyse and then allocate work accordingly to the team members

They act as a role model in the organisation

Motivate and increase the morale of employees in an organisation

Cons of leadership:

The effectiveness of a leader is a major concern of leadership. And ineffective leader can ruin the whole business

The leader can make or break the team.Insensitiveness towards people's issue turns out to be a major drawback for leadership

Retention of employees in an organisation depends upon is leader. A famous quote states that employees do not quit the organisation they quit their managers

Leadership is the most expensive cost to an organisation. If not used effectively it would be a wastage of cost

Stevejobs as a leader:

Steve Jobs followed an innovative leadership and was an innovative leader.

He envisioned the organisation which he wanted

Apple products were his brainchild

He also followed the Democratic and Transformational leadership styles

He was a participative leader who listened to employees and took care of their developments

These were the major reasons for success for Apple

Bill gates as a leader:

Even though Bill Gates was autocratic at the beginning he adopted transformational and participative leadership style later.

He envisioned Microsoft as a software giant and proved the same

His strategy was to hire the most effective team under him so that he could delegate and run the organisation effeciently

Microsoft as an organisation took good care of its employess.

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