Question 3: Based on the theories covered, discuss the importance of leadership for an organization. Draw on work or study experiences and other examples to support your answer. (300 words worth 10 marks)
Leadership is defined as an art of influencing people to perform the assigned targets or timelines willingly as well as efficiently. A leader sets the vision for business, motivates as well as guides employees throughout the work process and also builds their morale. By doing this, it allows the organization to maximize its organizational efficiency followed by achieving the overall goals and objectives of business. It also plays a significant role in employee productivity as well as their performance. Thus, leadership acts as the agent or catalyst that makes the other factors of production i.e. land, labor and capital work together which otherwise lie dormant. The following points justify the importance of leadership for an organization:
# Leaders are invaluable when it comes to formulating new policies as well as plan and communicating them to their subordinates. A unit of enthusiastic employees may not understand a particular mission if it is ordered by their commanding officers. But a good leader influences the employees by clearly explaining the vision and the significance of their role in overall outcome. In this way leadership provides a single direction to all its employees and will be more apt to follow.
# A leader also proves out to be playing a yet another significant and challenging role in the organizational working. Leaders are responsible for motivating its subordinates to increase the dedication to organizational goals. They inspire their subordinates to get excited about the company as well as the work they have to perform, push them to achieve excellence in whatever they are doing and helping them along the way.
# A leader has not only to provide a direction to employees but also has to guide its employees while working on this direction. This is because workforce needs the leadership of skilled and experienced individual to provide instructions and guidance regarding the way work should be performed to achieve efficiency and effectiveness.
# Different leadership styles adopted by the business owners also help the company in crafting a positive culture within the enterprise. Such styles might include facilitative leadership style where the productive task is delegated to the subordinates and they are guided throughout the work process. Command and control style of leadership allows the leaders to initiate new ideas on their own regarding how the actions should be dictated to their subordinates to achieve quality performance. Lastly under collaborative leadership, leaders come up with ideas by discussing it with their subordinates at different levels so to leverage their creativity followed by achieving efficient and effective performance.
# Management is getting things done through others. Thus, delegating the productive task to their subordinates is another success as a business leader. The leader’s ability to delegate responsibility along with the required authority to that task will help in developing new leaders for the organization for future. Moreover developing leaders for business as it grows in future further aid organization by increasing employee satisfaction as well as their loyalty towards business.
# Building morale of employees might involve pulling everyone together towards a common goal and gaining their trust as well as confidence. A good leader can act as a morale booster by letting their employees know how much their wok is appreciated. This can cause the unit to perform with best of their abilities as they work towards achieving their goals.
Bottom line: leadership inspires and influences the workforce positively to perform the said task effectively from them. A business with effective leadership is more likely to sustain its growth, survive in times of challenges and reach heights of success in shorter period. Although leadership is important for organization in many ways, the task of leaders comes with challenges of its own.