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Leadership and Management Theories

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Leadership
Leadership is a process, by which a person influences, guides, motivates, commands and controls the behavior and work of the subordinates to accomplish the organizational goals. It is an unique combination of some qualities that transforms potentials to reality. Leadership acts as the catalyst that makes all other elements work together. Without leadership, all other resources of a concern remain dormant.
Characteristics of Leadership
Leaders and leaderships are in every level of an organization. There are some generally known qualities of leaders but some unique characteristics make them great leaders. The characteristics include -
Dedication:
Dedication means spending whatever time or energy is needed to complete the task in hand to proceed towards the goal. By setting an excellent example, a leader can show the followers that one must do whatever it takes to achieve something great.
Flexibility:
Not everything goes as per the plans. Sometimes, the competitors change their tactics, the Government may force new regulations on business, inflation may take place. A leader should have the adaptability to take things normally and be flexible to handle situations easily.
Communication Skills:
A leader should be a great listener and a speaker also. A good leader can communicate with all his subordinates. Great leaders show their strengths and personal character through communication with the employees and empower them.
Confidence:
A leader must possess confidence, courage, tenacity and patience. Sometimes the situation becomes worse and plans do not work. Then, the leader is the one who has to organize everything back and begin from the beginning. He is the one who has to make the subordinates believe in their individual strengths.
Sense of Responsibility:
As the saying goes,”A skunk stinks from the head down”, a business does too. This means,

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