Business Organistions Essay Example | Topics and Well Written Essays - 1500 words

Business Organistions - Essay ExampleAt the end of the day, the savings that comes from establishing good leadership skills could case to increasing revenue generation on the part of the company.In general, there is simply no res publica or rules behind choosing the best leadership sort. To become an effective leader, a manager should be qualified to search for the type of leadership approach that works best for them. Often times, choosing the best leadership style depends on the managers personality, working environment and the members of the team.To avoid wasting time, money, and effort associated with the need to go through the consequences of mismanagement, this study will discuss and elaborate the different leadership techniques used in nowadayss business organization. In the process of discussing each type of leadership approach, situational examples will be provided to pass away the readers a better understanding of each leadership techniques that will be discussed in t he study.Transformational leadership style is unique in the sense that this approach has four components known as (1) charisma or idealise influence (2) inspirational motivation (3) intellectual stimulation (4) and individual consideration. (Bass, 1998 Bass et al., 1996 Bass, 1985) Personal charisma is a significant characteristic of a good leader since it is a form of referrent power which could enable a manager to effectively attract his/her subordinates to seriously cooperate with the leader in order to make the organisational goal attainable. (Palmer et al., 2001 Posakoff & Schriesheim, 1985)Considering that transformational leaders are intellectually inclined, this type of leaders tend to go beyond what is calamity around his environment since they have the ability to implement new ideas whenever necessary (Johannsen, 2004) aside from being on the table with organizational changes that may