BROWSE

Leadership

What is 'Leadership'

Leadership is the ability of a company's management to set and achieve challenging goals, take swift and decisive action, outperform the competition, and inspire others to perform well. It is tough to place a value on leadership or other qualitative aspects of a company, compared to quantitative metrics that are commonly tracked and much easier to compare between companies. Individuals with strong leadership skills in the business world often rise to executive positions such as CEO, COO, CFO, president and chairman.

Explaining 'Leadership'

Leadership provides direction for a company. Employees need to know the direction in which they are headed and who to follow to reach the destination. Leadership involves showing workers how to effectively perform their responsibilities and regularly supervising the completion of their tasks. Leadership is also about setting a positive example for staff to follow, by being excited about the work, being motivated to learn new things, and helping out as needed in both individual and team activities.

Characteristics of Effective Leadership

Effective leadership includes strong character. Leaders exhibit honesty, integrity, trustworthiness and ethics. Leaders act in line with how they speak, and earn the right to be responsible for others’ success in the company.

Example of Leadership

Jack Welch exhibited leadership as chief executive officer (CEO) of General Electric Co. from 1981 to 2001. He played an integral part in 600 acquisitions in emerging markets and increased GE’s market value from $12 billion to $505 billion. Because things are constantly changing, Welch insisted everyone at GE embrace change. To continue evolving company operations and producing greater output, managers and employees had to continuously reinvent themselves and their work.


Further Reading


The intraorganizational power struggle: Rise of finance personnel to top leadership in large corporations, 1919-1979
www.jstor.org [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …

Enhancement of the accountability of public sectors through integrity system, internal control system and leadership practices: A review studyEnhancement of the accountability of public sectors through integrity system, internal control system and leadership practices: A review study
www.sciencedirect.com [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …

LatCrit educational leadership and advocacy: Struggling over whiteness as property in Texas school financeLatCrit educational leadership and advocacy: Struggling over whiteness as property in Texas school finance
www.tandfonline.com [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …

The mediating role of leadership styles on the organizational citizenship behavior and innovativeness relationshipThe mediating role of leadership styles on the organizational citizenship behavior and innovativeness relationship
dergipark.org.tr [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …

Leadership challenges facing nonprofit human service organizations in a post-recession eraLeadership challenges facing nonprofit human service organizations in a post-recession era
www.tandfonline.com [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …

Achieving academic leadership through teaching mathematical methods in economics and financeAchieving academic leadership through teaching mathematical methods in economics and finance
www.atlantis-press.com [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …

Leadership, psychological well‐being, and organizational outcomesLeadership, psychological well‐being, and organizational outcomes
www.oxfordhandbooks.com [PDF]
Intelligence is considered a general unified concept, largely related to cognitive ability. Moral intelligence is newer and less studied than the more established cognitive, emotional and social intelligences, but has great potential to improve our understanding of learning …



Q&A About Leadership


How can you become a leader?

You can become a leader by learning about leadership skills and practicing them.

What is leadership?

Leadership is both a research area and a practical skill encompassing the ability of an individual, group or organization to influence others.

What does it mean to be "a contested term"?

A contested term means that there are different views on what it means to be a leader.

Why did Welch insist on embracing change?

Things were constantly changing so he wanted people at GE to embrace change as well so that they could continue evolving company operations as well as produce greater output."

Who was Jack Welch?

Jack Welch was chief executive officer (CEO) of General Electric Co. from 1981 to 21. He played an integral part in 6 acquisitions in emerging markets and increased GEs market value from 12 billion to 55 billion. Because things are constantly changing, Welch insisted everyone at GE embrace change. To continue evolving company operations and producing greater output, managers and employees had to continuously reinvent themselves and their work."

Who are some people who have been considered leaders?

Martin Luther King Jr., Mahatma Gandhi, Nelson Mandela, Abraham Lincoln, Steve Jobs.

What are some qualities of effective leaders?

Effective leaders exhibit honesty, integrity, trustworthiness and ethics. Leaders act in line with how they speak, and earn the right to be responsible for others success in the company.

What do researchers say about leadership in organizations?

Researchers say that leaders must possess certain characteristics such as intelligence, integrity, courage and creativity. They also say that good leaders should be able to make decisions quickly while remaining calm under pressure and should not let their emotions get the best of them when making decisions. Leaders should also be able to motivate those around them so that they will work hard for the common goal of success for everyone involved in the project or organization.