leadership


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Leadership

The stocks with the highest trading volume over a given period of time. Leadership may give an indication of future market movements. That is, a large amount of interest in certain stocks may mean that the market will continue to be interested in them. Leadership may be either good or bad for the market. For example, poor leadership may result from too much speculation, while solid leadership comes from sustainable investing practices. It is also called market leadership.

leadership

Leadershipclick for a larger image
Fig. 49 Leadership. Blake and Mouton's managerial grid.

leadership

the process of influencing others to achieve certain goals. Effective leadership is often seen as the outcome of leadership qualities (traits) which some people have and some do not. In this conception, leadership is often seen as an autocratic activity, and leadership qualities are thought to include strength of personality, charisma, etc. Unfortunately, research into associated traits has been unable to prove conclusively a positive relationship between aspects of personality and effective management.

Academic work on leadership then shifted its attention away from what leaders are to what managers actually do in leadership roles. Two basic approaches to leadership were identified and have formed the core of theories of leadership and MANAGEMENT STYLE ever since. These are concern for production, as exemplified by SCIENTIFIC MANAGEMENT, and concern for people, as found in HUMAN RELATIONS philosophy. In the former, managers concentrate on getting the job done and their leadership style is essentially directive. In the latter, managers devote their efforts to ensuring that their subordinates are satisfied in their jobs, on the basis that a contented worker is an effective one. These twin dimensions are combined together in the Managerial Grid, devised by Americans Robert Blake (1918 -) and Jane Mouton (1930 -), as shown in Fig. 49. In their view the most effective form of management is Team Management, where leaders show a marked concern for people and for getting the job done.

However, research findings do not fully support this contention, leading some analysts to suggest that the situation in which leadership occurs needs to be considered too. American writer Fred Fiedler (1922-) has suggested that the extent to which tasks are structured and the nature of the leader -subordinate relationship (including the power resources of the leader) influence the effectiveness of leadership styles. A task-oriented approach is most effective where tasks are either highly structured or fairly unstructured and where the leader-subordinate relationship is very good or very poor. It is in the middling positions that a people-oriented style is most effective. Fiedler believed that managers find it difficult to change their styles and therefore advocated that managers should attempt to modify the situation to enhance effectiveness. Other writers, however, have argued, in what has come to be known as ‘situational management’, that leaders should adapt their style to the demands of the situation. It has been suggested that a critical factor is the job ‘maturity’ of subordinates, i.e. their capacity to direct their own job performance. At low levels of maturity a task-orientation is most appropriate to provide direction. As maturity increases leaders should adopt a people-orientation to provide support whilst reducing the amount of task direction. As individuals reach full maturity the manager can reduce both task-and people-orientation and allow individuals to perform the job as they see fit. In a sense, at this point successful leadership is the absence of overt leadership.

References in periodicals archive ?
If all of us get the issue of leadership right life will be better for all of us.
Leadership is primarily 'who we are' before it becomes 'what we do.' Not balancing this well will eventually lead to leadership failure.
The issue of effective leadership has been the most discussed phenomenon for the banking sector (Wictor, Andersson, and Mullern, 2013).
That means executives should be familiar with materials regarding leadership training programs and make space for junior executives who participate to focus on their learning and not day-to-day responsibilities.
Leadership should be recognized the basis of progress worth of freedom.
There is the scarcity of literature on this research it is may be the first one study in this field, where the relationship between Pareto principle and the level of leadership success was explored.
Leadership is an important variable for the quality of education; excellent colleges have leaders who positively influence their stakeholders resulting in high level of students' achievement.
Leadership has long been an area of interest for scholars and researchers for thousands of years.
Leadership had persistently been an important theme of folklore studies across civilizations and various contexts.
"The presenters we've already scheduled will talk on a variety of leadership topics, but they all have an incredible ability to cultivate the best in the people who'll be participating," Cooperman assured.
The opening chapters, "Toxic Leadership" and "Why Negative Leadership Matters" provide the foundation and military context, albeit from a predominately US perspective, for the remaining contributions.
Visone of Steinger, Iscoe & Greene, a Class II graduate and member of the Leadership Academy Committee.

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