With every passing day some new companies are created and some old ones are left alone to rot in the harsh market conditions. Some ideas reach the masses, while others are yet another stairs used to climb on to create something more consistent. Some stay for long, while some are destroyed by the slightest breeze of adversity. In all these examples, the first type has an edge of efficient leader over the second.
A good leader not only defines the work ethics in an organisation, but is the sole direction which a company follows. Thus he can make or break an organisation. A good leader is a blessing to any institution who with the right blend of technique and experience has the talent to take the company to heights from despair. Leadership is an important function of management which helps to maximize efficiency and shape the identity of an institution.
Following points justify the importance of good leadership :
- Initiates Work action: With an active leader who believes in performance, the attitude towards work of the whole organisation is positive and energized. If the leader is dull undoubtedly his employees will be misguided and wouldn’t perform their best.
- Motivation: A leader has the ability to develop positivism in the employees for their work, no matter how difficult it seems at first. If a leader appreciates and rewards his subordinates with economic and uneconomic benefits, because of which they are compelled to perform better for the institution.
- Coordination: He is the wheel on which the whole organisation function. He ensures that the efforts of different work groups in his company are in coordination to work towards the specific goal of the company. He develops sync among individuals by controlling the timings of what is to be done when.
- Creating Confidence: An employee might not be able to present the best even if his work is good, because of lack of the confidence to present it. A good leader can create this confidence by providing enough room to present ideas and develop an environment which is favorable for all. Instilling an environment where questions are answered. This will strengthen the employees to raise their doubts and present what they believe is correct.
- Mentorship: A leader doesn’t just gives orders but also takes care of his team members. He guides them in the tough times and presents the possible options which they have to get a work done. He is a teacher, who has higher experience and leads his less experienced subordinates with care.
Leaders develop strategies to beat competition. A good leader can shape the company’s outlook by enacting policies which define the organisation in the community. Therefore the best and the most experienced individuals are benefited with this responsibility.