Business Essay Example | Topics and Well Written Essays - 750 words - 5

Business - Essay Example On the other hand, if the employees fail to meet the expectation and goals of the leader, they are threatened with punishment and demotion or even termination of employment. Some of the leaders that practiced this kind of leadership included McCarthy and de Gaulle. Transformational leadership On the contrary, transformational leaders use different methods in motivating their followers. They use a shared vision and charisma to inspire the followers to forego their personal interest for the interests of the organization. The leaders transform and create dedication, confidence and the creative ways of solving the problem. This kind of leadership has been effective especially when the organization is undergoing challenges and problems. A transformational leader is not only the manager of day-day operations but also takes work team to the next level of success and performance. The leaders set targets and incentives to push their employees to a higher level of performance, as they create opportunities for personal and professional growth of employees. Some of the leaders who practiced such kind of leadership include Moses and F Kennedy. The advantage of this kind of leadership is that it brings faster development of small businesses since the leaders try to shoot ambitious goal which are achieved later through team building and the vision of the leader. Crucibles of Leadership According to the author, a crucible refers to experience that transforms and toughens people to thus giving them a new sense of motivation, purpose and identity. As it is mentioned, crucibles are like tests or trials that corners individuals and forcing them to answer questions about their identity and what is vital to them. Even though experience is important, what matters the most is how and what we learn from the experience. Most of the greatest leaders are the greatest learners since they know their motivations and aspirations. Great leaders have the characteristics of having the capacity to adapt and engage others through shared integrity. According to Bennis & Thomas, adaptive capacity is the ability to learn, adjust and change. The base of adaptive capacity is creativity, resilience, willingness to learn, openness to new form of experience and strong observational skills. In order to determine the capacity to adapt, one has to ask whether they are constantly looking for ways to improve the performance and one has gained knowledge about the different aspects of the organization. When it comes to engaging others, an interactive leader commands and enlists the team members. They exhibit the attributes of having emotional intelligence and communicate the sense of purpose According to Masi (2000), transformational leaders have some impacts on the motivation of employees and the performance of the entire organization. It has an impact on the commitment and creation of sense of vision and creates some mutual interest of leaders and followers. In reference to the article of Kamalanabhan and Sunder, it is generally believed that most the managers take more risks than others. Several researches have indicated that managers are both risk-seekers and risk-avoiders. In this article, Managers are mostly insensitive in estimation of the probabilities of the outcomes; some of their decisions are mainly affected by the way they focus on the targeted performance; and they make a quick distinction between gambling and taking risks.