speech on importance of leadership in 950 words
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As we all know, leadership is ubiquitous in our daily life. From nation to business, and even in family, leadership indisputably plays the main game. In the business world, as likely or not, leadership, which is the field of subject that most researchers scrutinise, is deemed as the principal vitamin for a robust organisation. Literally, what is the true meaning of leadership? According to the Blackwood Encyclopaedia of Sociology, leadership is depicted as the process of inspiring, directing, coordinating, motivating, and mentoring individuals, and/or organisations (Pitsis, 2007). With respect to leadership, leaders in an organisation have to increase the work productivity of employees so as to bring about improved employee performance. In…show more content…
Transactional leadership is the exchange between the superior and subordinate in which both sides can receive desirable values; transformational leadership, however, is the representative of the personal value systems including end values like justice and integrity, which cannot be exchanged between individuals, yet more importantly, it changes employees’ goals and beliefs (Humphreys & Einstein, 2003). At present, it is claimed that emotional intelligence has become increasingly popular as a measure for identifying potential leaders, and it is utilised as a tool for developing effective leadership skills to bring about maximum employee performance. Additionally, it is stated as well that effective leaders are those who can display a transformational rather than transactional leadership style. As a matter of fact, manager or leader who has the ability to monitor emotions both within one and others belongs to the key manifestation of transformational leadership, which is vitally important to stimulate employees intellectually by presenting them with challenging new ideas and various approaches to tackle problems, thereby uplifting their performance with creative thinking and flexible planning (Palmer, Walls, Burgess, & Stough, 2001).