Understanding Leadership Skills

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Understanding Leadership skill INTRODUCTION Very often we encounter or hear how important good leadership is to run a successful business. But the question is why? Why do we need good leadership? Why is a good leader essential for running a business? What is leadership anyway? How can one develop his leadership skills? The important of all is how can one evaluate the performance of a leader? These and many other questions arise when we think about leadership. Different theories have been developed by famous leaders to help answer some of these questions. Listed among some of the leadership theories are Great Man Theory, Trait Theory, Behavioral Theories, situational leadership theory, contingency, Transactional and Transformational. DEFINITION OF LEADERSHIP Chester Benard defined leadership as the ability of a Superior to influence the behaviour of subordinates and persuade them to follow a particular course of action (Benard 1938). According to (Pankaew, 2013) Leadership is the art of leading others to deliberately create a result that wouldn’t have happened otherwise. According to Alan Keith of Genetech cited by (UK essays n,d) states that “Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen. Leadership plays very important role in any organization regardless of the size of the organization. In today fast moving business environment businesses have to make future plans therefore it is very important that the leaders of the future develop the necessary skills that will help them to lead the company in the right direction. Leaders can develop their skills and employees skills by on the job training or formal learning. Formal learning: formal learning is the learning that occurs in an organized and structured environment ( e.g in education or training institutions) and is explicitly designated as
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