After interviewing the modern day manager, the first leadership precept was to make sure that new manager gives priority to the team members and other staff members. The main reason behind this important advice was that the new manager is not aware of the environment and the hierarchy of the organization. Therefore, when the new manager or a new leader of a team or the organization take charge, he must give priority to all the staff members in the decision making of the business. Moreover, before making any vital change in the operations of the organization, the new manager must adopt the actual working of the organization, business sector and the way consumers are behaving. However, after adopting these vital elements, the new manager must plan and implement the changes which are favorable for the growth of the business. This leadership precept links with ‘the theory of needs’ by Abraham Maslow which explains that the manager must fulfill the needs of employees before making the changes within the organization. (Benincasa, 2012)
Another leadership precept is to understand the capacity, effectiveness and the skills of the team members or the staff. For example, if the leader is making ideal targets for the team members, then it is highly probable that the team members will fail to achieve their targets. Therefore, it is important to make plans, according to the skills and the capacity of the team members. Moreover, the team leader must put his trust in his team to increase the motivation level of the team. The trust of the leader and good guidance can increase the productivity of the employees of the organization effectively. (Benincasa, 2012)
The leadership is all about motivating and apprising the employees of the organization to maximize the profits of the business. One of the most important precepts of leadership has been to never criticize any employee for any mistake on their job. For example, if the business is manufacturing a product and any product is manufactured wrongly, then it is the duty of the leader to inform the employee about the mistake politely and assist the employee to improve his skills. In these circumstances, the blaming or criticizing the employee will de-motivate that specific employee and other employees as well. Therefore, the ‘McClelland's Human Motivation Theory’ suggest that the leader must act to improve the skills of the employees to increase the motivation level to maximize the production and the profitability of the business. (Benincasa, 2012)
Another important precept of leadership is to keep the minds and the thoughts of all the employees same. It is the responsibility of the leader to find the similarities and the differences between the employees on the different issues. The leader must try to keep all the employees to think similarly for the profitability of the business. If there is a similar thinking among the employees of the business, then it is highly probable that the targets of the business will be achieved accordingly. (Benincasa, 2012)
In the real business world, the leadership learns a lot of business tactics and behaviors from other employees. Therefore, it is a professional attitude of a leader to accept all the favorable and practical improvements suggested by the junior staff members. Leaders must be flexible and must listen to the suggestions and the feedback of the junior staff members to improve or reconcile their own decision making and performance. (Benincasa, 2012)
Another important precept of leadership is that the leader must be present at the workplace to monitor all the processes of the business. The presence of a leader at the workplace motivates the employees and they can consult the leader in case of any difficulty and problem related to the processing of the business. Moreover, it is highly probable that the absence of a leader from the workplace can reduce the productivity of the business. Therefore, to maintain the motivation level of the employees and to achieve the targets of the business, the leader must be present at the actual workplace. (Benincasa, 2012)
The personalities of the leaders, managers and employees impact strongly on the performance of the business. The behavior and the attitude of the leaders and the managers set the tone of the organizational structure. Therefore, if the leaders are target oriented, then it is highly probable that the lower staff will be efficient and skilled accordingly. Moreover, if the leaders have the personality to adopt the rules and the regulations of the organizations, such as dress code and punctuality, then it is highly probable that the lower staff will follow their leaders accordingly. To influence or motivate the lower staff members, the managers and the leaders must set an example in front of them by performing their duties according to the budgeted plans.
Similarly, the leadership styles of the leaders and the managers direct the actual performance of the employees at the workplace. The style of the leadership sets the tone of the organization which increases the profitability of the business. For example, if the team leader is honest and loyal to the company, then it is highly probable that the junior team members will show their integrity towards the organization as well. Moreover, if the leadership at the top is flexible, then it will be easy for the entire organization to adopt the dynamic changes related to the working of the organization quickly and effectively. (Harvey)
In a real business, the friendly and motivating behavior or personality of the leader and manager attract the employees towards the business. It increases the loyalty of the employees towards the business and its success and ultimately the employees give the business success more priority than their personal benefits such as salary and the bonuses. Increasing the loyalty of the business in the junior staff members is a strong signal that the business will achieve their targeted goals within the budgeted period. The profitability increases automatically, therefore, it is very important for the leaders to impact positively via their personality and behavior on the employees of the business. (Harvey)
On the basis of the interview, the most important and influential leadership theory is the ‘situational leadership theory’ which can be adopted at any business level easily and effectively. In the dynamic business environment all over the world, it is very important for the leader of the organizations to maintain the situational leadership theory because the diversity is affecting the businesses all over the world. Now the businesses are crossing the borders and expanding overseas. Therefore, the diversity is the main element of success these days. Therefore, the situational leadership theory will help the leaders to mitigate the challenges of the dynamic business environment. Another important advantage of the situational leadership theory is that it can assist the managers of the business to incorporate those changes which are out of the control of the managers. The changes such as the laws of the state, local customs, accounting policies and the different laws of other countries can be incorporated in the decision making of the management if the management is using the situational leadership theory. The theory ‘Hersey & Blanchard's Situational Leadership Theory’ and ‘Kurt Lewin's Styles of Leadership’ are the example of the situational leadership theory. (Harvey)
The functional leadership theories play an important role in the profitability of the business. According to the functional leadership theories, the actual performance of the leader sets the tone of the entire organizational structure. If the leader is target oriented, then it is highly probable that the leader will motivate his team members to achieve the budgeted goals in the given time period. According to the ‘John Adair's Action Centred Leadership theory’, it is the responsibility of the leader to motivate his team members to achieve their goals according to the budgets. Moreover, ‘John Adair's Action Centred Leadership theory’ suggests that the leader must involve each member of the team in the performance of duties and completion of the task. Therefore, the leader must identify the requirements of the task given and then resolve any issue within the team. Maintaining a proper balance within all the important aspect of the project is very important if the leader is adopting the ‘John Adair's Action Centred Leadership theory’. The communication level must be effective so that the team members must accept the suggestions from other team members. According to ‘John Adair's Action Centred Leadership theory’, all members of the team are assigned different responsibilities, therefore, it is very important for the leader to assure that the task assigned to the team member is fully capable of performing specific duties. (Harvey)
The motivation level of the employees plays an important role in the success of the business. Therefore, it is very important to give importance to the lower staff of the lower management in the decision making of the business. The leader must ask for the feedback from the lower level managers regarding the budgets or the targets set by the leaders in the previous years. Moreover, the high level management can ask the department managers to make their own targets and send to the higher management for the review. The participation of lower staff in the decision making of the business will increase the motivation level of the employees automatically. Moreover, the sense of responsibility and the professionalism will be increased when the lower management will participate in the target setting. This approach of decision making is called ‘a democratic approach’ of decision making to improve the motivation level of the employees. In this approach the higher management collects the suggestions from the lower management and after reviewing their suggestions, higher management make decisions according to the suggestions of the lower staff. However, the higher management revises the targets and make them challenging for the employees of the business. (Harvey)
The constructive approach in the decision making of business is another way to motivate the employees of the business. In ‘constructive approach’ the higher management makes targets after consulting the team leaders and the team leaders identify the flaws and errors in the budgeted targets at the planning stage. Therefore, the targets set by the management with the help of the team leaders are more accurate and challenging for the employees of the organization. These targets increase the motivation level and the integrity of the employees.
The ‘constructive approach’ in the organization increases the effective communication at the work. The effective communication is an integral part of the success of the organizations. Therefore, the good leader is capable of motivating the team members with his proper and effective communication skills. It is the responsibility of the leader to communicate the targets, objectives and the plan to achieve their goals within the budgeted time. Furthermore, if the team is not performing well, then the leader must communicate with the team members and identify the weaknesses in the performance of the duties in a professional way. Similarly, the communication skills of a leader are tested when there are conflicts within the team or the other employees. It is the duty of the leader to settle the conflicts as soon as possible to meet the targets of the business by communicating effectively from the related parties.
The effective employee is a priceless asset for the organization and the main characteristics of a successful employee is good motivation level, honesty and the professional attitude towards the duties of the job. It is the responsibility of the effective employee to consult the leader in case of any difficulty or confusion. The effective employee utilizes all the knowledge and skills in the workplace to increase the productivity and the profitability of the business. Moreover, the effective employees take more interest in the growth of the organization as compared to the increase in the salaries and bonuses. Therefore, the leaders must motivate the employees to develop such skills which can benefit the business in an effective and efficient way.
The effective manager can manage the flow of work in the organization effectively and efficiently. The main target or a duty of the effective manager is to make sure that the working of the organization or the department remains in process. Therefore, the first characteristic of an effective manager is that before implementing any decision, the manger listens to the views and suggestions of others and after analyzing the reviews, he makes challenging decisions for the employees. Another feature of the effective manager is that they have a diplomatic or a compromising approach to keep all the employees satisfied. For example, in case of shortage of resources, the effective manager will ask lower ranked departments to compromise for the higher ranked department for the profitability and sustainability of the business. The effective manager is an honest individual and performs his duties with dedication. This integrity flows from the top to the bottom of the organization. Therefore, the integrity or the honesty of the manager increases the overall integrity of the organization. Effective manager is a conflict resolver and a good communicator. To increase the efficiency of the entire organization, effective manager keeps all low level managers and employees calm and satisfied.
Effective employees and managers contribute positively towards the society and the country. The effective managers increase the job opportunities in the society and decreases unemployment. Similarly, the effective employees increase their skills and produce quality products which increase the business opportunities for the business.
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