10 Pages
2537 Words
Introdcution - Transformational vs. Collaborative vs. Strategic Leadership
The leadership is the kind of ability which can implement the change by creating and communication the vision to other people. The organizational leadership is about the skills and qualities required to run the company or divisions of it. This is the greater scope and scale which required for the various kinds of forms of the leadership. The report will delve into the three different business leaders and which can demonstrate on the understanding the different styles. The report will shed light on the impacts of the organization in which these are applied. The report will demonstrate the critical comments on the different kinds of style and its utilisation. Further, it also includes evaluation about the awareness and importance of the organizational culture as well as process. The report will showcase the awareness of the external environment in which organization operates and can put impact on the leaders and the followers.
Identifying three different business leaders and demonstrate an understanding of the effectiveness of the different styles they have selected.
Elon Musk:
Elon Musk is the leading investor and businessman who attained success in the competitive business arena. He is the founder & chairman, CEO and the CTO of the SpaceX, CEO, product architect, angel investor, owner, chairman and CTO of the Tesla. The leadership style of the leader is primarily transformational. The leader has set the determined goals for the organization and as well as for himself. This can require the lot of resources and efforts. Elon Musk takes the ideas of the team members and permits the workers to share their decisions. The communication style of the Elon Musk is transparent and clear for everyone. The leadership style focused on the achieving and innovation which can help in creating good working environment. The visionary of the Elon Musk is visionary as the leader which is interconnected, to create the companies which can focus on the green energy and sustainable future for everyone. The leader believes in the “big picture” thinking and set the goals which require lot of resources and efforts. The leader motivates the workers for the future vision and develops the advancement of the technology.
Sheryl Sandberg (Facebook):
Sheryl Kara Sandberg is the one of the American technology executive, writer and philanthropist. The Sandberg also served as chief operating officer at the Meta platforms (Ibrahim and Daniel 2019). The leader has considered the collaborative leadership style because she encourages the worker to reach the goals, sets the high expectation and praise them for working well. She was the expert in the understanding the person’s good traits and help them in improving. The communication style of the leader is inclusive and shares the ideas with the workers (Aroussi et al, 2024). The stakeholder management is focused on the balancing the shareholders and demand of the users. The leader promotes the culture and focus on the wellbeing of workers.
Warren Buffett:
The leader is the American businessman, philanthropist and investor; he currently serves as the CEO, co-founder and chairman of Berkshire Hathaway. He is the best well known investor in the overall world. The leadership style is characterised by the long term investment strategy, frugality and belief in the decentralised autonomy. The leader is known for the informed risk taking, high integrity and effective communication skills. The Buffet is focused on the strategic leadership style and having the clear vision for the successful business (Mansaray 2019). The Warrant Buffett has the straight forward communication style and has the clarity about the investors and stakeholders. The decision making is demonstrated on the rational decision making process and growth.
Evaluate how each style impacts the organisation in which they are applied.
Elon Musk (Transformational leadership style):
The leadership style of the leader improves the innovation and encourages the workers. The style has comes with the technological development, competition and growth of the organization. However the leadership style has put impact on the turnover and workers as well (Bosanquet, 2023). This has impacted the productivity of the organization. The external factors has also affected the regulatory and automation. This can influence the success of the company, opportunities and conditions.
Sheryl Sandberg (collaborative leadership):
The leader has the aimed to focus on the teamwork and develop the culture within the Facebook. This can help in improving the wellbeing of workers and improve the quality of work (Khaola and Rambe 2021). The external factors come with the privacy challenges and changes in the social media. The trust of the customers can affect the efforts of the leader and negative impact on the organizational culture. The continuous competition from the rivals can also directly put impact on the leadership strategies.
Warren Buffet (Strategic leadership):
The leader encourages the financial stability which can lead to the profitability. This helps in attracting the shareholders and investors of the organisation and achieves the success. The external factors include the market volatility which can put impact on the strategies which are related to the investment (Finkle, 2023). In addition, regulatory changes can impact the performance of the organization.
Critically comment on how the different styles are utilized.
Elon musk (Transformational leadership):
The visionary leadership style of the Elon musk focused on the growth and innovation of the organization. The clear goals and approaches with the broad thinking about the advancement are the key factors of the leadership. The ambitious goals can increase the work performance of the employees. The Leader use the direct communication with the workers which can help in the decision making process (Khatri et al, 2024). However, the Elon Musk’s leadership style can put negative impact on the work environment. The erratic behaviour of the Elon musk put negative impact in the reputation of the organization and affects the brand image. Moreover, the leaders style can potential for the power of abuse, exploitation, manipulation and create unrealistic expectation, conformity and dependency.
Sheryl Sandberg (collaborative leadership):
The leadership style foster cultural diversity which can help in growing the Facebook. The leadership to the women can help in promoting the development and growth for the organization (Grajfoner, Bolton and Nee, 2023). This can create advocacy for the females and build the trust of the stakeholders which is essential for the development. However, the slow process of the leader can put impact on the environment (Tran 2021). The collaboration can increase the issues among the team members and convert in the conflict. The external factor can come with the privacy issues and affect the organizational culture negatively.
Warren Buffet (Strategic leadership):
The leadership style of the warren Buffet can create the financial stability for the organization and develop the long term value for the growth. The investment approaches demonstrates on the mitigating the risk and increase the reputation over time. This can increase the work performance and market fluctuations. On the other hand, the approaches can be result in the missed opportunities (Arnold, 2023). This can limits the competiveness which can negatively impact the external factors. The changes in the regulatory can come with the issues related to the investment and management strategies. The strategic leadership has the drawbacks such as poor communication, lack of ownership, slow adoption and lack of alignment. This is the important factors to understand about the core of the planning challenges before finding the solution.
Demonstrating an awareness of and the importance of organisational cultures and processes and be able to apply their knowledge.
The Handy’s cultural theory describes the four distinct management style and each of it has the own value. These are Role culture, personal culture, power culture, task culture. The organizational culture offers the guidelines in managing the workflow for the workers. The team member can find it out easily to keep up with the each other informed about the progress of the task. The projects are more likely to complete as the result.
Power culture: The power culture can focus on the decision making process of the small group and any individual. The culture focuses on the power which only can remain in the hand of few of people and have the authority to make the decisions. This can speed up the decision making process which only can possible for the few individuals (Charles Handy Model of Organization Culture, 2023). For instance, the organization, by making use of the power culture, can involve the leader Elon musk which clearly presents the vision and style of the leadership that directly impacts the decision making of firm.
Role culture: The role culture can be defined by the delegated roles and responsibilities with the educational qualification, specialisation and interest about the best of workers. This is aligning with the hierarchical structure (Mullins, 2016). The Role of culture within the organization can guide the workers actions. For illustration, the firm like IBM often focus on the role of culture because it is align with the structure and protocols to make sure about the operations within the industry.
Task culture: The Task culture where the team can be formed to achieve the goals and solve the challenges. The organizations with the common interest come as the form of team and work for the same goal (van Diggele et.al, 2020). This can allow the team members to work together and solve the issues. This can help in resolving the complex issues and result in the best solution for the organization. For example, the tech company such as Facebook which use the task culture for the projects. The team can work with the dynamic project and develop the innovation for the achieving the goals of the business.
Person culture: The Person culture is about the where the workers feel that they are important than the organization. Such kinds of the organization follow the culture, which known as the person culture (Mullins, 2016). This culture mostly used in the professional partnerships and help in the personal development. For example, in some firms the workers or professionals operate solely and independently and work for the mutual interest.
The organizational cultures are the important for the leaders which are helpful for the organization effect the managing the team. With the use of organizational culture is essential for the success and growth.
Demonstrating an awareness of the external environment in which the organisation operates and the impact this has on leaders and followers.
The awareness of the external environment plays an important role within the organisation in which it operates. This can influence the process of the decision making and organizational operations. The external factors caused the overall activity and changes within the organization (9 External Environment Factors That Affect Business, 2023). These can increase the disruptions in the work and with the multiple implications with the internal and within the areas where they work. The external factor is like changes in the regulatory, economic conditions and mainly put impact on the operation of the organization.
Knowing about the external factors for understanding about the mitigating the risk and challenges within the organization (Alblooshi et.al, 2021). For example, the leaders can use the cost cutting method in the situation of economic downturn to streamline the revenue. The Followers can also be affected from the external environment due to the changing role and responsibilities of the leaders. The external environment can reduce the workforce and affect the job and moral satisfaction of the workers. The disruption in the technology can require the workers with the up skilling can work with the change in the practices and policies.
Conclusion
By summing up the report It delves into the identifying the different business leaders such as Elon Musk, Sheryl Sandberg, Warren buffet, these are three different leaders. The Elon musk uses the transformational leadership style. The Sheryl Sandberg uses the collaborative leadership style and the warren buffet follows strategic approach. Further, it has been articulated that leadership style has significant impact on organizational growth and performance. The leadership style has the significant impact on the culture of the organization. The report comments on the different styles which are utilised. The visionary leadership style which is used by the Elon Musk is focused on the goals of organization.
References
Books and Journals
- Alblooshi, M., Shamsuzzaman, M. and Haridy, S., 2021. The relationship between leadership styles and organisational innovation: A systematic literature review and narrative synthesis. European Journal of Innovation Management, 24(2), pp.338-370.
- Arnold, G., 2023. The Mega Deals of Warren Buffett. Jaico Publishing House.
- Aroussi, R.A., Saeed, R., Harguem, S. and Chabani, Z., 2024. Women Leadership during Crisis: How the COVID-19 Pandemic Revealed Leadership Effectiveness of Women Leaders in the UAE. Migration Letters, 21(3), pp.100-120.
- Bosanquet, C., 2023. Measuring the Modern Entrepreneur: An Evaluation of Elon Musk. In The Entrepreneurial Ecosystem: A Global Perspective (pp. 299-327). Cham: Springer Nature Switzerland.
- Finkle, T.A., 2023. Warren Buffett: Investor and Entrepreneur. Columbia University Press.
- Grajfoner, D., Bolton, L. and Nee, K.G., 2023. Leadership Across Cultures. In Intercultural Issues in the Workplace: Leadership, Communication and Trust (pp. 67-82). Cham: Springer International Publishing.
- Ibrahim, A.U. and Daniel, C.O., 2019. Impact of leadership on organisational performance. International Journal of Business, Management and Social Research, 6(2), pp.367-374.
- Khaola, P. and Rambe, P., 2021. The effects of transformational leadership on organisational citizenship behaviour: The role of organisational justice and affective commitment. Management Research Review, 44(3), pp.381-398.
- Khatri, P., Duggal, H.K., Varma, A., Thomas, A. and Dutta, S., 2024. Self-leadership: qualitative leadership research using deductive pattern matching approach. Journal of Asia Business Studies, 18(1), pp.252-274.
- Mansaray, H.E., 2019. The role of leadership style in organisational change management: a literature review. Journal of Human Resource Management, 7(1), pp.18-31.
- Mullins, L. J., 2016. Management and Organisational Behaviour. 11th Edition Pearson Education Limited.
- Tran, Q.H., 2021. Organisational culture, leadership behaviour and job satisfaction in the Vietnam context. International Journal of Organizational Analysis, 29(1), pp.136-154.
- van Diggele, C., Burgess, A., Roberts, C. and Mellis, C., 2020. Leadership in healthcare education. BMC medical education, 20, pp.1-6.
Online
- 9 External Environment Factors That Affect Business, 2023. Online. Available through <https://www.indeed.com/career-advice/career-development/external-environment-factors>
- Charles Handy Model of Organization Culture, 2023. Online. Available through <https://managementstudyguide.com/charles-handy-model.htm>
