Powered by Leeds Metropolitan University
Business Studies Resources Popular resources on the {my channel} blog Resource tags for the blog RSS Feed for the blog Twitter feed for this blog Teacher Email Resource Newsletter Category listing for this blog Business Studies Blog Home Page

Leadership - Introduction

Author: Jim Riley  Last updated: Sunday 23 September, 2012

There are many ways of looking at leadership and interpretations about what it means. Leadership means different things to different people.  It is often taken to represent:

  • Getting others to follow
  • The use of authority in decision-making
  • A personal characteristic
  • An ability to achieve effective performance in others

A general interpretation of leadership (source: Mullins) would be:

A relationship through which one person influences the behaviour or actions of other people

The above definition is important, because it shows that any consideration of what makes for effective leadership cannot be done in isolation from concepts such as teamwork, organisational structure and motivation.

The traditional view sees leadership as about:

  • Command & Control
  • Decision-making

However, a more modern view has leadership having a wider role, including

  • Inspiration
  • Creating a vision
  • Building effective teams

Leadership has become particularly important in modern business as a result of:

Changing organisational structures

Flatter structures require greater delegation
Greater use of teamwork + focus on quality assurance
Coaching, support & empowerment

Rapid environmental change

Change as a constant feature of business life
Soft skills of leadership & management increasingly important

In these notes we are mainly concerned with leadership from the top of a business organisation.  However, it is important to remember that leadership can be exercised by people at different levels of the organisational hierarchy.

What do leaders do?

The key tasks of top leadership in a business include:

  • Being clear about what change is required
  • Turning ideas into action points and motivate others to act on them
  • Winning commitment based on honest, realistic, two-way discussion
  • Creating a climate of learning, so people know it is safe to make mistakes
  • Keeping going – persistence is vital
  • Learning from experiences and mistakes

A key leadership role in any business is that of the MD (Managing Director) or CEO (Chief Executive Officer).  In addition to the above, the leadership tasks of the MD/CEO include:

  • Creating the vision, based on an understanding of SWOT
  • Forming the team and a structure that will help achieve business goals
  • Deciding key business and personnel policies
  • Managing rewards and discipline

Strategic leadership

  • Strategic leaders are the people who influence or control the corporate strategy of a business
  • Often personally identified with the strategy
  • Occurs both in small firms (e.g. the founder) and large corporates

How strategic leadership is demonstrated


Other Business Study Resources You Might Like on tutor2u


Revision quizzes for business students

Starting a Business

Sources of Finance for a Startup
Franchising
Cash Flow Forecasting for a Startup
Creating & Protecting Business Ideas
Startups and Understanding the Market
Market Research for a Startup
Locating the Startup Business
Choosing a Legal Structure for a Startup
Employing People in a Startup
Generating and Protecting a Business Idea
Using Breakeven in Decision-Making

Finance

Revenues
Breakeven Basics
Costs, Revenues and Profits
Business Costs
Using Budgets
Using Breakeven in Decision-Making
Investment Appraisal Basics
Financial Strategies
Measuring and Improving Profit
Improving Cash Flow
Working Capital
Balance Sheet
Income Statement
Financial Efficiency Ratios
Profitability Ratios and ROCE
Liquidity Ratios
Gearing

Marketing

Competition
Products & Brands
Place (Distribution)
Promotion
Pricing
Price Elasticity of Demand

Business Organisation

Basics of Business Growth
Business Activities
Legal Structure Basics
Franchising
Sole Traders and Partnerships
Limited Companies
Generating and Protecting a Business Idea
Organisational Structures

People

Working in Teams
Communication Basics
Communication Methods
Workforce Planning
Recruitment, Selection & Training
Employee Motivation
Organisational Structures

Operations

Operational Objectives
Critical Path Analysis
Scale and Resource Mix
Lean Production
Capacity Management
Customer Service Basics
Managing Quality
Operational Decision-making
Using Technology in Operations
Working with Suppliers

Economic Environment

Economic Sectors
Government Spending & Taxation
Inflation
Unemployment
Interest Rates & Monetary Policy

Business Strategy

Leadership styles
Business Culture
Change Management







Add your comments and share this study note:

blog comments powered by Disqus

 

Tutor2u support for students
Teaching support and resources
Search for resources on tutor2u

Law



Refine Search by Subject
A Level Economics
Business Studies
Geography Give It A Go!
History Law
IB Diploma Politics
Religious Studies Sociology

Order Search Results By


Follow tutor2u on Twitter
   
   

tutor2u Home Page | Online Store | About tutor2u | Copyright Info | Your Privacy | Terms of Use

tutor2u

Working with Our Partners

 Zondle - Games for LearningVue Cinemas | Moneypenny | Nexcess | Really Simple Systems 

Boston House | 214 High Street | Boston Spa | West Yorkshire | LS23 6AD | Tel +44 0844 800 0085 | Fax +44 01937 529236

Company Registration Number: 04489574 | VAT Reg No 816865400

tutor2u is proud to sponsor TABS Cricket Club and the Wetherby Cricket League as part of its commitment to invest in local junior sport