Role of Leadership In Governance Of An Organisation

MAIN BODY

Assess changing perspectives of leadership in different economic, social and political contexts

Leadership theory emphasizes the attention on the existing behaviour as well as trait of the employees required to boost up their efficiencies. It possibly generate the feeling of extrinsic motivation which is required for the success of team for diverse arena such as economic, social as well as political conditions.

Changing perspectives of leadership in political contexts

Political leadership focuses on the formal power which is exercised or inculcated in order to deliver suitable values to public. The purpose of such leadership is to carry out better administration and shape the actions of organisation in terms to abide by the rules and regulation significantly. There exist various constraints in order to deliver the worthy values to the local residence. So for the development of political leadership the external environment is analysed and examined by paying attention to the skills as well as expertise. Hence, it helps to maintain the connection with multiple stakeholders and adoption of participative leadership style leads to sustainable development (Global Definitions of Leadership and Theories of Leadership Development: Literature Review, 2017).

Changing perspectives of leadership in different economic contexts

The organisation can not operate in isolation as it require the support of external conditions and resources in order to flourish the day to day operations. The economic context involve factors like disposable income of consumer, changing economic condition, inflation rate, interest rate and on on. All these factor need to be captured by leader before designing the framework in order to give new dimension to the enterprises.

As per the perspective of economist, leadership within an organisation assist to maintain the formal relationship with its team member. Along with that they are required to access the significant amount of control and accordingly delegate the authorities. This leads to accomplish the favourable amount of position and attain the collective goals which enhances the profitability of firm. This helps the organisation to contribute in the gross domestic product of an economy which even rises the purchasing power of local residence. Further, it determine the strong position of leader in terms to diversity the business and enhance the FDI which improve the economic condition of overall economy (DeMatthews, 2014).

According to the Richard Parsons which is the leading CEO of the company Time Warner gave essential five components of leadership. This include setting out the viable vision, communicate vision with employee, empower others to take the action, execution as well as integrity. This particularly assist to address the specific problem for the betterment of whole economy.

Changing perspectives of leadership in social contexts

Social leadership encompasses the affirmative impact to maintain the interpersonal relationship and successfully manages the intercultural empathy. This enable the employee to understand the external environment and necessary changes based on which they can acquire new interactions and learning skills for better performance of activities. Based on the shared experiences the successful enterprise acknowledge the suggestion and feedback of employees and work to build the sound policies to preserve the personal as well as organisational success.

Assess the challenges in leadership in today’s volatile business environment

To conduct the leadership effectiveness there exist various challenges that are faced by the organisation that affect the productivity and profitability. So the manager of diverse countries need to focuses on the challenges and make strategy to overcome them which result into managing the relationship with internal stakeholders. Explanation of the challenges are determined below:

Developing managerial effectiveness: The leader of an organisation focuses to develop certain skills like prioritise work, time management, decision making and so on. The main challenge is to inculcate such skills on employee and encourage them to perform their duties within specific time. Countries like China as well as US mainly faces this issue up to 26.3 and 26.0 level. Where Spain (13.8) is less reluctant in terms to undergo with the threat of managerial effectiveness as compare to other two countries.

Inspiring others: The other challenge is to inspire the behaviour of personnel so that they pushes their efforts to the extreme level and help in landing up with expertise performance. There are certain countries like Singapore, China as well as Spain which faces the issue of inspiring other. So to overcome the problem and promote better implementation direct supervision and monitoring is required to mange the actions of internal stakeholders.

Developing employees: This reflect the challenges which is associated to groom the personality, capabilities as well as technical skill of the new and existing employee (Dugan, 2017). It involve methods like providing coaching or mentoring the performance of employees under which session or conferences are organised.

Leading a team: Here leader perform the challenges like forming the team and generate the participation of members in order to effectively carry out management activities. Additionally, China and US are quite efficient in terms to lead the team but still the leader needs to constantly encourage its staff. This leads to the better performance of activities and enrich the capacities of overall personnel who helps in the functioning of business.

Guiding change: For the better management and mobilising significant efforts the leader faces the challenges in terms to overcome the residence and negative reaction of the employees towards changes. Adequate dealing helps to carry out successful performance with better change management skills.

Managing internal stakeholders and politics: It involve the challenges that is associated to manage the relationship and participation of employees by gaining significant effort from different department, individual as well as group. Thus, US and Singapore faces the biggest challenges in terms to manage the internal relationship with stakeholders and overcome the chances of negative policies.

Therefore, to carry out leadership and sustain the advantage of effectiveness these challenges needs to be successfully accompanied. It particular manage the interpersonal relationship between the leaders as well as employees of firm.

Characteristics of responsible leadership

Responsible leadership focuses to collectively solve the common problem and simultaneously manages the balance between economic as well as social condition. It involve the strong cognitive behaviour, competitive as well as behavioural capacities required to implement the changes and sustain adequate relation (Haslam, Reicher and Platow, 2015). Thus, it successfully fulfil the predetermined objective of firm. Characteristic of the responsible leadership are demonstrated below:

Compliance with cooperate rules and regulations: It is the primary responsibility of the leader to make sure that the internal workforce adequately abide by the guidelines, regulation as well as standards of firm. Implication of corporate practices leads to better administration and performance of routine regime (Kenny, 2012).

Ethical standard and practices: It comprises of the professional practices like maintaining the cultural values, performing fair activities, social justice which needs to be embedded by firm. Sustaining of such ethical practices and meeting the standard helps to accommodate the better performance.

Stakeholders interest: Stakeholders whether they are internal or external such as employee, customer, government, investor and so on helps in the success of the business. So it is essential that the responsible leader bridge the gap between company and these stakeholder as it can encourage them to participate in favour of company. For instance, investment done by the investor helps company to effectively fulfil its purpose.

Accountability: Responsible leader are accountable to address the issue faced by the employees in order to maintain their interest. Along with that they need to deliver their commitments so that the efforts can be successfully transformed into the sound result. Thus, their productive attitude helps to attain the collective target durably.

Importance of demonstrating responsible leadership to be able to lead the organisation during a process of change

The manager as well as leader need to considered changes as the essential part of their integral organisation because it helps in the continuous improvement of the activities. Also if the existing services of the firm are competitive it is not necessary that in future also it will be able to capture the same market place. So the responsible leader need to invest on training and development of staff and accordingly encourage them to adopt the changes.

Leadership alignment (or misalignment) on exactly how to execute our change mission: Initially, the responsible leader determine the process by which they can bring changes within an organization. As rather than just focusing on the changes leader too need to determine the way by which change procedure can be opted.

Clearly articulating the changes needed across the organization: After examining the procedure to attain change mission, responsible leader determine the specific areas where it is necessary to bring the changes in order to accommodate the potential need. Preparation for favorable changes helps to build up the significant strategies (Van Wart, 2013).

Emotionally connecting the team to our renewed mission narrative: Effective participation of the team member can only helps to accomplish the objective of project. So the leader based on effective communication helps to maintain the transparency and establish viable relations in order to accommodate the requirement of business.

Underdeveloped middle managers (and some senior leaders!): For the successful development of leadership the organization comprises of the participation of different mindset (Nevarez, Wood and Penrose, 2013). Potential effort of the diverse functional head, managers as well as senior leader leads to better performance as well as functioning of firm.

Managing fear, fatigue and conflict as unforeseen issues arise: Application of desirable on the job and off the job training program maintain transparency within entire organization. This help the workforce to remain competitive and overcome their insecurity in terms of fear. Better cooperation is the potential way by which conflicts are overcome and unforeseen situation can be effectively meet out.

Leading teams through various specific changes related to the larger transition: After undergoing with the mental and practical preparation the employees potentially work to bring the transition. Here focus is given to adopt the new working pattern that specifically bring the changes which leads to generate the positive outcome.

Maintaining trust and accountability: During and after the process of transition responsible leader remains answerable to their staff based on the accomplished position or outcome. Along with that 360 degrees program that gives detail report of the employee help the leader to address the challenges.

Handling all aspects related to maintaining (or improving) culture during the transformation: Once changes take place the leader make sure that employees constantly practices the new working pattern because they are more comfortable in the old practices. So the changes need to be maintained which leads to transformation in the end result and assist organization to gain the advantage of sustainable development (Zhang and et. al., 2012).
Also Read :- Personal and Professional Development 

CONCLUSION

From the above report it has been determined that in the dynamic or modern era leadership have taken a significant place that help both men as well as women to expand their capabilities. In global environment the role of leadership helps to maintain the expectation of diverse stakeholders by taking the change initiative for the growth and development of firm. Responsible leader focuses to overcome the challenges and develop competitive team by running constant training and development programme. Therefore, responsible leadership is the essential part of an organisation in terms to understand the external situation and successfully transform the culture by handling both internal and external situation effectively.

Get all Kind of Assignment Help From our Experts.

UPTO50%

Avail The Benefit Today!

To View this & another 50000+ free

Enter Email

Submit