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Course: Operations and Quality Management
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How Leadership is Changing Business Management + Real Business Examples
Business management is ineffective when there is no presence of strong leadership. This is because managing change in a business requires an unwavering and strong commitment from the organization’s leader or CEO, and the team that is involved in the major operations of the business, so as to create and gain commitment of all the stakeholders of the organization. Different authors and speakers have argued that change cannot be managed, but rather leaders should be preparing for and responding to change. However, change is inevitable in all global business environments. The survival of every organization, therefore, depends on the development of the ability to embrace change. This implies that strong leadership leads to successful business management which in turn leads to effective change management (Adair, 2011). An effective leader who can respond to and lead an organization to transformation is, therefore, the best choice of leadership for an organization that is undergoing change. Such a leader would create new and innovative systems that would drive the organization to its renewal process (Adeniyi, 2007).
The role of effective leadership and management in the renewal process of an organization is clearly recognized. However, the measures to be pursued in order to achieve the renewal process are often unclear (Francis-Nurse, 2007). This is the major reason as to why organizations face various leadership challenges, which must be sorted in order to achieve successful business management. Business management faces leadership challenges in the following ways:
• There is a shortage in leadership because of aging labor force and low birth rates. There is also an increasing diversity in
References: Adair, J. (2011). Effective Leadership: How to Be a Successful Leader. London, UK: Pan Macmillan. Adeniyi, M. A. (2007). Effective Leadership Management: An Integration of Styles, Skills & Character for Today 's CEO. Bloomington, Indiana: AnthorHouse. Callahan, S. (2006, December 02). Knowledge Hoarding. Retrieved from Anecdote: http://www.anecdote.com.au/archives/2006/02/knowledge_hoard.html Charney, S. R. (2013, February 12). Low Fertility and Labor Shortages Might Save the World. Retrieved from Foreign Policy in Focus: http://www.fpif.org/blog/low_fertility_and_labor_shortages_might_save_the_world Epstein, Z. (2013, March 01). Nokia CEO says Windows Phone Can Beat Android, iOS. Retrieved from BGR: http://bgr.com/2013/03/01/steven-elop-interview-iphone-android-353869/ Francis-Nurse, C. (2007, October 2007). Managing Change: The Leadership Challenge. Retrieved from Business Analyst Times: http://www.batimes.com/articles/managing-change-the-leadership-challenge.html Giang, V. (1999). Leading or Managing? Retrieved from Gallup Business Journal: http://businessjournal.gallup.com/content/526/leading-or-managing.aspx Isaacson, W. (2012, April). The Real Leadership Lessons of steve Jobs. Retrieved from Harvard Business Review: http://hbr.org/2012/04/the-real-leadership-lessons-of-steve-jobs/ar/1 Management Concepts. (n.d.). rom Strategic Planning to Tactical Execution. Retrieved from Management Concepts: http://www.managementconcepts.com/Course/tabid/328/id/4752/Default.aspx Nokia CEO says Windows Phone Can Beat Android, iOS. (2013, March 01). Retrieved from BGR: http://bgr.com/2013/03/01/steven-elop-interview-iphone-android-353869/