The role of leadership in business success
The role of leadership in achieving business success is indisputable. Great leaders who create great businesses are “made”, not “born.” You know why? You learn true leadership; it is not automatic. To answer the question of whether leaders are made or are born, the great theorist, Mr. Bass, posited Bass’s all-time leadership theory (1989 and 1990). He said there are three theories of leadership.
First, the trait theory, which says that some personality traits can naturally lead people to leadership roles. Second, the major event theory, which believes that a crisis or major event can make a person rise to the occasion. And third, the Transformation Theory, which says that people can choose to become leaders and learn leadership skills. This third theory is the basis of this article.
In other words, you have no excuse to say that you are waiting to locate your leadership traits before you can become a leader or wait for a crisis situation to arise before assuming the leadership role, as the Big Event Theory asserts; but that you choose to become a leader by learning leadership skills as stipulated by the Transformation Theory.
You see, we are all born with leadership potential wrapped up in us. But it is our responsibility to develop it, nurture it, and deliver it. It will not come out alone. It requires your attention to develop it and it is about your choosing to become a leader.
A philosophy once said that there are five domains of leadership: self-leadership, leading another person, leading a group, leading an organization or business, and ultimately leading a nation. If you look critically at the five domains described above, you can vividly see the progressions one goes through in becoming a leader. You can’t lead others and talk less of running an organization if you can’t lead yourself.
Everything that your business is today and everything that will be tomorrow will be the result of your leadership status in directing the course of the business. As Warren Bennis, a leadership expert, put it, “A company with a shortage of capital can borrow money and another with a bad location can move; but a company with little leadership has little chance of survival. “
What is leadership? What does it mean to be a leader? And how do leaders and leadership impact the company or organization? Let’s start by looking at the definition of leadership. Leadership is an influential relationship between leaders and followers who seek real change and results that reflect their shared purposes.
Leadership implies influence, it occurs between people, those people intentionally want significant changes and the changes reflect purposes shared by leaders and followers. An important aspect of leadership is influencing others to come together around a common vision. Therefore, a leader is a visionary who influences, motivates, communicates and energizes followers to do what they are normally unwilling to do themselves.
The impact of leadership in building a successful business is enormous. First, leaders make things happen: they are the catalyst for business success; they challenge the status quo; they are driven by vision; they think differently. Second, leaders cope in times of change. They determine the direction; they are people who set and achieve goals; they move organizations from where they are to where they need to be. And thirdly, leaders are revolutionaries — They face reality and mobilize adequate resources; they encourage others to do the same; they leave a trace that cannot be erased.
These are the Jack Welch of the 21st century turning a dying business into a multibillion dollar business. In his quest to better define the roles that leaders play in his business or organization, the leadership expert, John Maxwell, stipulates the five levels of leadership: the positional leader, the relational leader, the results-oriented leader, the leader of people development and finally the leader. respected leader. The big question now is: what level of leader do you have in your business?