Leadership is a vital management function and the life-blood of today’s corporate sector. The leader plays decisive role in shaping up the future of an organization. Effective leadership takes the organization to the heights of success while an ineffective leader brings stagnation to the organization’s growth. Read more »
The impacts created by transformational leaders on an organization are at most of the times positive and beneficial to it (Jung, Chow and Wu, 2003). Read more »
Management is defined as the art of getting things done by others (Dale, 1969). Efficient management involves five major functions namely planning, organizing, staffing, leading and controlling (Miner, 2007). Of all the five functions, management intends purely in controlling the activities and operations of an organization. Control is nothing but the action of taking corrective actions when there are deviations between the expected and actual results of a process.
Transformational leaders are believed to possess extraordinary characteristics when compared with normal people. It is that extraordinary characteristic that makes them a cut above the rest. The following are some of the features that differentiate transformational leaders from other individuals. Read more »
No concept is free from criticisms. Transformational leadership theory is not an exception to it. Though seems effective, there are numerous criticisms about transformational leadership theory (Tracey and Hinkin, 1998). Read more »
Transformational leaders explore hidden talents of individuals and make them perform exceedingly well. On the other hand, they care for their followers as individuals and act genuine to them. The following examples explain how transformational leadership can bring about success in an organization. Read more »
In the recent trends of project management includes the portfolio management of project. The portfolio management of project is a movement by the organization to control the project to evaluate how well the projects will align with the goals of the strategy and quantify its value. Read more »
The world is talking about gender parity and eliminating the gender gap. Gender diversity is now much emphasized in corporate scenario and the top business organizations are making efforts to promote women in every sphere of activities. IBM, the technology giant has recently launched leadership programs for women. Read more »