Leadership is all about getting good results from your followers. Getting good results will make people want to support you without caring much about how you get the results. The leadership role encompasses balancing the interests of shareholders, stakeholders, customers, employees, suppliers and communities with which an enterprise interacts. A business leader should aim at increasing the shareholder value either through increasing stock price and paying dividends. The leadership role involves developing the right strategies that help in getting good results. These strategies implemented will help in describing what an organization will do to achieve a certain goal as well as the means and ways established to achieve the goals. Effective leadership requires the interaction of strategic, motivational and management skills in order to align focus and energy while creating a tradition that encourages individual thinking and attainment. The leadership role requires establishing ideas and talks, pushing them forward, taking over the responsibility and identifying hidden aspirations and talents so as to bring out confidence in the employees. In short, this could be described as harnessing energy in a strategic manner to unite and motivate your team towards achieving a common task. (Christensen, 2005).
Today, individuals taking up the leadership roles are required to possess greater project management shills and influencing skills. Usually leadership skills may range from visionary to managerial aspects. A visionary leader should be able to determine what should be achieved and establish strategies to achieve that goal. A leader should have inspirational shills and influential skills so as to use the vision and other arguments to sway the stakeholders’ opinions. A good leader must be trustworthy, be honest and expect the same from his followers. Leadership roles require managerial skills in order to track progress against their targets and take action if they miss their goal.
Business Leadership Roles
Business leadership roles are all unique but also interdependent. The skills learnt by leaders to work in a certain role are also used in mastering other roles. A business leader must play the role of a visionary in the organization. A leader must establish the vision of their organization and communicate it effectively to all employees. Usually the vision of an organization is included in a mission statement. Effective leaders should have the ability of internalizing the vision and communicating it to the employees in order to inspire them into working toward the vision. Employees should be led to understand the mission statement of an organization before working towards higher goals. A good leader must effectively communicate the importance of a vision to their employees. When this is done, employees fully understand the leader’s vision, the organization’s vision and their individual roles in each of the visions. As a result, the business results will automatically be good. This is because a vision enables employees to stay focused, feel worthy and as part of the business, and improve the perception of an organization. A vision keeps employees focused thus enabling them make better and informed decisions while aiming at the set goals and visions employees who are made to understand the vision of an organization, feel more inspired and part of the business by contributing into the management decision making. (Cohen, 2001).
A good leader must be able to communicate the visions content to all employees. A good vision should be short and simple for it to become easily remembered and internalized. It should also have few key points which are easier to understand and achieve. Good leadership roles encompass the ability of delivering the vision effectively. A vision should be communicated to the employees through many sources, including supervisors, their peers, department heads and direct reports. A vision should be communicated to the employees routinely to keep it fresh in the employee’s minds. Effective business leaders should avoid the tradition of reciting a vision during annual meetings because this is not enough to keep the vision fresh in the employees’ minds. A good leader should be able to communicate the vision through many channels to their employees. Many organizations have adopted the culture of posting their vision statement in a visible area, on a plaque, in the company’s newsletter or reciting the vision at the beginning of all weekly meetings. This gives leaders enough confidence that their employees are routinely reminded of their organizations visions. Individuals who take on the role of leadership must have the ability to create a vision for their organization or internalize an existing vision and effectively communicate it to all the employees. A good business leader must have the ability to take on the role of a navigator who can work clearly and effectively through complex issues, problems or opportunities. He should be able to develop a wide range of actions and set a variety of goals that align with the organizations vision. A good leader should be able to establish strategies that help in achieving the goals and action set. A good leader must be an entrepreneur, thus he should be able to identify and exploit arising opportunity of new products, services and markets. A leader must be able to mobilize capabilities stakeholders and available resources in order to get things accomplished quickly to achieve the complex objectives. Taking on the leadership role, means that one must have the ability to attract, develop and retain talents to ensure that people with the right skills and talents are retained in the business and meet the required needs. A good leader should be able a global thinker who can integrate information from various sources so as to develop a diverse perspective that is used to optimize organizational performance. An effective leader must be able to create a good environment that embraces charge and helps their employees adjust to new and radical ideas. A leader should effectively guard their enterprise by improving shareholder value through making decisions that support the enterprise. (Fisher, 2000).
Strategic leadership roles
Strategic leadership roles focus on creating a plan for the organizations future. This plan mainly involves the integrating current opportunities with future entrepreneur trends that align with the organization’s vision. Strategic decisions made by business leaders should drive the organizations towards achieving their goals and visions. A strategic leader should be in a position to perceive and identify what drives and motivates the business as well as focusing beyond that particular year. Strategic leadership entails recognizing risks and dangers in an organization and implementing actions to pursue only risks that are acceptable in an organization. A strategic leader should be able to incorporate the organizations visions and values into the business strategy. He must be in a position to use financial data so as to have a successful business.
Entrepreneur leadership roles
An entrepreneur leader has the ability to recognize and exploit opportunities for new products, services and markets for the organizations benefit. An entrepreneur leadership role requires that one should always be alert for new and creative ideas either by generating the ideas themselves or by taking existing proposals and internalizing them. Entrepreneur should be able to identify events from a unique perspective and create new ideas from those events. Entrepreneurs are not afraid to take up risks so as to internalize in emerging trends. These leadership roles require an individual who can identify threats from competitors or new technologies and turn them into profitable business opportunities. An entrepreneur must look beyond the boundaries of the organization and aim at attaining new business opportunities such as new technologies and partnerships. (Gupta, 2003).
Leadership roles that improve the value of customer
Leadership occurs at many levels of an organization and mainly involves the managerial responsibilities taken up by an individual. Leaders who focus on strategic and innovation aspects have a better chance of improving their corporate performance. Marketing strategies are more likely to improve the overall performance of an organization. Companies looking to improve organization performance practices, capabilities and results through using bets practice to improve value to customers, are concentrating on traditional market skills that include advertising and communications. However, a new model known as growth champion has been invented by business leaders whereby they hold primary authority over large strategic investments, leading innovation activities and also initiating the growth initiatives in their organizations. For leaders to effectively take up the growth champion role, they should be metric-oriented and also play key strategic roles in initiating growth and developing management skills. This way the business leaders will be seen as the key owners of the growth support functions in their organizations. (Holland, 2000).
Companies looking to improve customer value should focus on using brand builders that provide marketing services such as communication strategies and execution of companies. Effective leaders should use marketing masters to assist in setting the companies priorities, develop large marketing efforts for the company and create highly regarded marketing skills. Best practices advisors are used by companies in order to bring best practices to public relations departments, advertising and also promotion activities. In order to maximize the organizational performance effective leadership roles must be adopted. These practices may include the leader’s ability to devise and implement an effective organizational strategy that inspires and motivates the employees into achieving their goals and visions. A leader with good leadership roles should have the capability of hiring and recruiting world-class performance and teaching them how to identify, employ and develop their talents and strengths. Good and effective leaders should be able to establish an objective performance evaluation and development system that is easy to use. They should have the sense of designing a performance based compensation system for all employee roles. Leadership practices that increase the impact of brand management services and improve the marketing strategies of the organization are required in an individual aiming to be a business leader. These leaders should also be in a position to measure, establish and improve customer engagement techniques. (London, 2002).
Effective leaders are aiming at incorporating the voices of customers into their organizations strategic service development. Customers’ opinions and suggestions are important drivers for many successful businesses. Leadership is all about developing the right strategies so as to achieve the desired results. Business leaders should develop winning strategies that create value for customer so as to improve their overall profit. Effective business leaders create strategies from clear understanding of their organizations and how they work and also through business decisions made by key stakeholders in the organization. Effective leaders must identify imperfect decisions and monitor them closely so as to make the necessary adjustments or change the strategy completely. Business leaders should understand the frailty of their strategic plans and understand the available actions to such a problem good business leaders are at a position t increase their sensitivity to discordant information for new strategies by creating monitoring systems that are used to record feedbacks given by customers, suppliers, employees and key stakeholders. These leaders must have the relevant skills that build organizational capabilities by acting for both short and long term outcomes. Business leaders should develop winning strategies, monitor them and execute them effectively while at the same time investing money and efforts to build the organization’s core competences and managerial skills. A leader should have the ability to remain focused on the costs in the commodity business and the price fluctuations in the market. Business leaders who are effective should develop an organization’s core competences especially the managerial skills, excellence business-government relations and intellectual property. (Shields, 2001).
Business leadership roles that meet high standards for quality management systems
Business management systems apply to an organizations design, order fulfillment, marketing and service operations. Business management systems focus on establishing, maintaining and fulfilling the specific needs and expectations of their customers and markets. Companies seeking to set procedures in lean manufacturing techniques are focusing on team leadership training. The top management and executive leaders are trained on the emerging lean techniques and how to incorporate them in their organizations’ goals and visions.
The most critical functions of the management leadership are to make critical decisions for the organization. Benchmarking is the process used by organizations to identify learning and adapting outstanding practices and processes from other organizations so as to improve its performance. A company that uses the benchmarking process has a leadership advantage than other companies in the sense that they gain the best practices. Effective business leaders should provide focus and motivates actions and accountability to achieve the desired results. With good leadership, an organization is able to utilize its resources especially it’s most important employees in order to achieve efficiency, productivity and profitability. A leader with efficient skills to lead a team is more likely to improve the quality management systems of an organization. An effective business leader has the ability to create an environment that empowers employees, promotes leaning and increase the performance of an organization. These leaders have the skills to control the project performance or revise strategies and actions taken when necessary. The concept of lean production requires that the products produced must meet the customers’ needs at the specific time by understand the activities required and optimizing them to complete the process from the customers view. Lean techniques help industries to improve performers, productivity, reduce cost and improve the value of the company. A lean manufacturing system requires the use of correct resources and tools to attain the main goals of lean production. (Avolio, 2005).
Lean techniques are designed in a product aligned manner where production is based on a one piece flow system in which production is in a continuous flow. Lean techniques require a continuous improvement of processes services and products over a period of time with the aim of reducing waste, improving product performance and customers’ satisfaction. Lean Six Sigma is an improvement technique which helps to attain maximum improvement in customer satisfaction, cost reduction, quality improvement and speedy processing. Lean techniques help in stigma so as to maintenance tools, materials and personnel in a proper manner so as to minimize waste and to increase speed. The lean six stigma techniques are also provided for improvement of the information technology, and human resource department of the company. In this method, company practices such as having and framing new employees can be minimize when speeding is increased and non value adding activities are removed and also when waste is eliminated. The lean six methods assist in keeping the focus of the industry on the two goals. Through this commercialization process of the company is made efficient by delivering within the shortest time new capable products and services to the market. Lean improvement techniques are focused on the main goal which is to identity the value of an industry. After identifying the value, they work to create the value in steps which minimize the amount of waste created. To achieve this, they need to standardize and regulate working practices and at the same time clear up the workplace. 5s is a methodology of cleaning up and organizing the workplace which originated from Japan. This technique emphasizes more on how to achieve and maintain cleanliness and visual orderliness at the workplace. (Navarro, 2005). In this methodology, companies are required to remove unnecessary items from the workplace and organize it, to make it easier for employees to perform their tasks in a clean and orderly working environment. 5s usually can be translated into sort, set in order, shine, standardize and sustain. Sort refers to remove unnecessary tools and items from the workplace and identifying the most needed tools to perform the tasks. Set in order, ensures that tools and materials are arranged in a manner which is easier for the employees to access. Finally sustain ensures that 5s method is assimilated in the organization culture. To ensure this is adhered to by all employees, their performance is measured and they are informed of their progress routinely. The main benefit of this method is that it keeps the workplace orderly and clean. As a result, efficiency is improved by reducing time take to search for tools by reducing inventory and cycle of production time. Lean techniques are implemented to make work easier to understand and to perform. The concept of lean production that the products produced must meet the customer needs at the specific time by understand the activities required and optimizing them to complete the process from the customers view. (Pyzdek, 2003).
The leadership role involves developing the right strategies that help in getting good results. These strategies implemented will help in describing what an organization will do to achieve a certain goal as well as the means and ways established to achieve the goals. A business leader should be able to develop a wide range of actions and set a variety of goals that align with the organizations vision. He should also be able to establish strategies that help in achieving the goals and actions set.
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