Business Studies, asked by raviraj1450, 8 months ago

discuss the significance of leadership in any organisation. Conclude by answering that how the organisation would fare if leadership is not right?

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Answered by sumanthmaddela2004
0

Answer:

discuss the significance of leadership in any organisation. Conclude by answering that how the organisation would fare if leadership

Answered by GeniousAkanksha
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Answer:

The classic model of the good organizational leader is the top executive in the organizational management who directs and who is in control of all aspects of the operations of the organization. This top executive leader operates through a hierarchy of management and the organization had a fairly well defined structure. This type of leadership has some good points and it survived throughout most of the 20th century.

The organization of today does not have the luxury of stability since it faces an ever increasing change in markets, customers and technology. It needs to accept, adopt and implement changes in the business model according to changing trends, technologies, customer preferences and future concerns. Further, the core business of the organization is constantly under threat today from the newcomers to the marketplace who are having a different business paradigm. Hence the organization cannot afford to depend upon the leadership of individual or/and a small team of senior executives to meet this challenge. The organization needs to harness the ideas, skills, energy, and enthusiasm of the entire team for success. For meeting of new challenges, this new concept and practice of leadership has evolved, where line managers have taken over the leadership role along with the top executive and his small team of senior executives.

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