The paper "Leadership Theories and the Place It Finds in Practice" is a good example of business coursework. Leadership is a concept which is not only hard to define, but the meaning of it also changes with time and context. It may mean different things to different people placed differently in society. The concept that people have of leadership has also changed and evolved with time. Thus, there is no one theory of leadership but there exist a number of theories, there are the eight classical theories, from the Great Man theory, Trait theory, Contingency Theory, situational theory, behavioural theory, to participatory theory, management theory and relationship theory.
There have been also other theories that have been developed in recent times which are more contemporary, and in sync with the needs of the changing global economy and marketing and managerial strategies. In this essay, there will be a detailed discussion on the existing leadership practices that are adopted by different organizations and companies, and an analysis will be made on the basis of these case studies. There shall be an attempt to realise if the theories are actually in practice or confined to the academic arena alone. Leadership has always been the mode through which growth and development have taken place to be it economically, socially or politically.
Leadership has always placed a crucial role in growth, development, change, evolution, etc. the functioning and management of any organization, company or firm is contingent upon strong and strategic leadership. In this paper, we shall see how leadership has come to be placed in the management of the working and how it has changed the operations that the company conducts. Leadership it was believed earlier came naturally to some, but today it is believed that people can be trained to be leaders and it is believed that true leaders understand the fact that they need to continually learn and develop the skills that will make them successful.
True leaders also understand the importance of leadership being a process instead of a position. There are various characteristics and qualities that a good leader needs to have. Some of them include knowing how to deal with mistakes, knowing how to deal with people, respectful and service-oriented toward subordinates, and hard-working.
Subordinates usually like their leaders to show them how to do things, not just tell them. Leaders are normally expected to lead by their example. Followers also appreciate honesty. Leadership doesn’ t necessarily equate with power. Leadership should be looked at more as an influence to cause change. Thus leadership today entails not only leading the working classes, and looking into their interest, it also needs to take into account the changing demands and requirements and ensure that these can be adopted by the agencies to help them improve the quality of services that are provided by them.
They also have to be innovative in their outlook, ensure that the objectives of the company are fulfilled and achieved. We shall now look at the leadership programs of KFC and MacDonald. Both these companies are important components in the fast-food chain and are global leaders in this sector.
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