Leadership

1. A good leader is the one who can set the working conditions in such a way that an organization or department is effective, mutually assisting, and fully collaborative. The leader needs to put much effort into developing synergy and has to treat the subordinates equally and fairly. The department should understand that the leader is the person who always has the correct decision with benefits for everybody.

2. Empowerment is a process of decision-making. The benefits of empowerment appear when a worker is satisfied of been chosen by a leader to delegate some of his duties, thus, becoming more effective and useful for an organization. However, empowerment may have some risks such as misuse of the empowered position or lack of necessary knowledge or experience needed to reach the defined goals.

3. A leader who possesses emotional intelligence will always judge with a cool head, will not make any hasty decisions based on his or her mood or due to emotional overwhelming. Such a leader will be calm, fair, and decisive. A leader with a global mindset will always see the perspective of work, strive to reach the set goals and think globally taking into consideration any future perspectives of an organization.

4. A leader with integrity and a strong ethical foundation is always highly appreciated in an organization because he or she is always fair and treats everybody equally. The decisions will always be made based on existing facts rather than on emotional thrust or assumptions. The leader’s ethical foundation will not allow him or her to humiliate or disgrace the workers.

5. The difference between transformational and transactional leadership is that in case of the first, the leader works with employees to see whether there is a need of a change for better through inspiration. Such approach shows an increase of motivation in workers and improvement of work performance. The transactional leadership, on the other hand, shows managerial approach which mainly bases on supervision and group performance. In this case, a system of rewards and punishments is used to motivate employees to do better.

6. Diversity is important to keep oneself in the modern trend. Without diversification, a leader will not be fully successful, his or her managing qualities will be dull and monotonous, thus they will not develop much. Diversity brings new perspectives, ideas, and plans, which always help an organization be competitive on the market.

7. In order to acquire and use power, one needs to have virtues that help to be diplomatic, inventive, and creative. Gaining power goes closely with political processes. It is a skill of feeling comfortable in front of a public and having flair of persuasion. Power always needs a lot of backup on the side of the state, which involves political connections and ties.

8. Strategic leadership is a type of management that takes into account the long-term goals, successes, and stability of an organization. Strategic leadership is important in planned expansion or aimed profit increase. The skills needed to exercise strategic leadership are both analytical and human, which include problem-solving, decision-making, critical thinking, effective communication, and other features.

9. In reality, a firm’s mission is to achieve the set goals and aims as well as be profitable and successful. If a firm’s production is of a high demand among potential clients, then it is considered successful, thus, its missions will be accomplished. A firm’s mission is also to value its workers, be productive and ready to change.

10. Modern corporate culture is an important feature of a successful enterprise. If a corporate culture is developed, it brings more benefits to all concerned. Modern corporate culture tends to value and praise employees, establish a beneficial attitude and show care to the workers’ dedication.