PREFACE

The importance of leadership in management has long been acknowledged as one of the

key ingredients for project success. These studies all point to the vital role that leadership

plays in enhancing innovation, creativity, new product development, and competitiveness

in an international marketplace.

It was necessary to first demonstrate some of the relevant models of leadership before the

reader can better understand the key role that leader behavior plays in successful project

management. Once readers are led through the diverse duties and aspects of leadership

behavior, they can better understand the comprehensive, ubiquitous nature of project

leadership, learning to develop their leadership abilities in a variety of different but

equally important dimensions.

Leading is a multifaceted process, involving aspects of vision skills, ethical and political

knowledge, strategic management and goal setting, and project team building. Following

development of our full model, follow-on sections will explore each of these key areas in

more detail, analyzing personality and trait theories of leadership, contingency models,

and so on. Finally, we offer a concluding , which offers some final, practical advice to

project managers on how to make the most effective use of this information in developing

or honing their own leadership styles.

ACKNOWLEDGEMENT

At first I want to acknowledge to the almighty .Then I would like to express for deep

gratitude and indebtedness to my respective teacher PROF. ABDUS SALAM,

Department of Business Administration, Asian University of Bangladesh (AUB),Uttara,

Dhaka for his constant and most sympathetic guidance, encouragement and valuable

suggestion to complete this assignment. His active interest in this topic and valuable

directions and advice were the source of my inspiration.

Again I also wish to acknowledge and express heartiest respect to my honorable teacher

for this scholastic advice to complete this assignment.

December 2013 Muhammad Anwarul Islam

TABLE OF CONTENTS.

REPORT PRELIMINARIESREPORT PRELIMINARIES PAGEPAGE

PrefacePreface IIIIAcknowledgementAcknowledgement IIIIII

INTRODUCTIONINTRODUCTION

ObjectiveObjective 5 5MethodologyMethodology

5 5Executive summary Executive summary 6 6

MAIN BODY OF THE REPORTMAIN BODY OF THE REPORTDefinition of leadership Definition of leadership 88Leadership style Leadership style 1010Ending summary Ending summary 1414Conclusion Conclusion 1515

INTRODUCTION

This research will show you what is meant by leadership style and how successful leaders

are able to adapt their style to any situation. It is built around the three main leadership

styles of Motivational styles, power styles and orientation styles. This research will be

valuable for anyone who is in a formal or informal leadership role.

This Learning Activity provides an introduction to leadership style. It introduces the

concepts of Leadership and transformational leadership, explores what they are and how

they are important contributing factors to a leader's effectiveness.

The success of business enterprise depends upon the type and style of leadership which

leaders follow. Styles describe how a leader behaves with his group or how leadership is

applied in practices.

OBJECTIVE:

The main objective is to elaborate the following questions

Suppose you are the CEO/MD of ABC Company Ltd.You want to ensure proper

leadership and decide.

a) What type of leadership style you would like to follow and why?

b) What motivators (motivating factor) you would introduce in order to ensure

the highest level of performance from subordinates and why?

Others objectives are as follows:

→ Capitalize on employees strengths.→ Employee Engagement → Identify the key influences on style→ Recognizes the benefits of being flexible → Understand the importance of Emotional Intelligence

METHODOLOGY

For preparing this report, I have collected data from the following sources:

Primary data: we have collected several primary data from the academic books and the

organization where I have been working.

Secondary data: the secondary data sources were-

Internet and teacher’s lecture.

Management books

EXECUTIVE SUMMARY

Leadership is needed like never before in our ABC company. The catastrophic events of

and an economy that is the weakest in a decade have created a world of increasing

competition and corporate unrest. These troubling times for have brought about grief,

anxiety, financial woes, and a lack of confidence among employees on behalf of

themselves and their jobs. These various uncertainties have affected many industries

employees, their families, their employment.

This exploratory study of leadership styles will encourage ABC company managers to

review their own styles of leadership and compare the results to leadership trends among

other industry managers and leadership strengths given various workplace situations. In

addition, the managers' degree of leadership flexibility and effectiveness are measured.

ABC company managers must lead their team of employees to operational service

victories, exceeding the wants and needs of their members and owners, while balancing

the costs.

The goal of this monograph is to help managers assess their leadership styles. Such as

Motivational styles, power styles and orientation styles.Being a manager /CEO/

Managing Director would like to follow of leadership style. Improving leadership skills

can only make to use like leadership styles managers more successful.

LEADERSHIP STYLE IN MANAGEMENT

DEFINITION OF LEADERSHIP

Leadership is the process of influencing behaviour of individual or group to accomplish

organizational goals. It is a personal quality of an individual who organizes the efforts of

the followers and directs their activities towards the attainment of organizational goal.

Acceding to the Keith Davis: “Leadership is the process of influencing and supporting

others of enthusiastically toward achieving objectives”

1. Suppose you are the CEO/MD of ABC Company Ltd.You want to ensure proper

leadership and decide.

a. What type of leadership style you would like to follow and why?

Answer: Leadership style is the manner and approach of providing direction,

implementing plans, and motivating people. As seen by the employees, it includes the

total pattern of explicit and implicit action of their leaders.

Leader a group of researchers to identify different styles of leadership. This early study

has been very influential and established three major leadership styles.

і). Motivational styles

→ Positive approach leadership

→ Negative approach leadership

і і). Power styles and

→ Autocratic or authoritative Style

→ Participative or Democratic style.

→ Declarative or laissez-fair or Free Rein Leadership style

і і і).Orientation styles or Supervisory Styles

→ Employee oriented leadership

→ Production or Task oriented leadership

Although good leaders use all three styles, with one of them normally dominant, bad

leaders tend to stick with the one style of autocratic.or Authoritative leadership

style.Above the within the leadership we would like to power style of leadership such as

Participative or Democratic style like to follow and why ?

Because in Participative or Democratic style leadership the leader takes decision in

consultation with subordinates, in order the subordinates participate in decision making

function. Hence the style is also known as predicative style.

Participating in decision making enables subordinates to satisfy their social and ego need.

It also makes them more committed to their organizations.Frequent interaction between

the manager leader and subordinates also helps build up mutual faith and confidence.

Why this style we would to like such as some offered and found suitable in the following

situation when:

→ It gives opportunity to the subordinates to develop their potential abilities and assume

greater responsibilities.

→ Subordinates are competent and experienced.

→ The leader prefers participative decision making.

→ subordinates participation in decision making helps make right decision because two

heads are better than one.

→ It provides job satisfaction on the one hand and improves the morale of subordinates

On the other.

→ The organization has made its objectives transparent to the employees.

→ Reward and insolvent are used as the primary means of motivation and control.

b. What motivators (motivating factor) you would introduce in order to ensure the highest level of performance from subordinates and why?

There are four factors that exist in every organization and determine the levels of

motivation of the staff, whether positive or negative. Fortunately, each of these

ingredients can be changed in a positive way—usually when a new leader replaces a

leader whose management style has not been conducive to bringing out the very best in

each person.

Let’s begin with the four factors that are the basics of motivating anyone, in any

organization. These four factors are (1) leadership style, (2) the reward system, (3) the

organizational climate, and (4) the structure of the work.

LEADERSHIP STYLE

This is a key factor in determining how people feel about the company and how

motivated they are. Very often, just changing the leader changes the psychological

climate of the company and, in turn, the whole performance of people in the organization.

The appropriate leadership style depends on the goals and objectives of the organization,

the people within the company, and the external environment.

In a SWAT team or a fire department, the appropriate style would be more directed and

dictatorial, with the person in charge telling people what to do quickly with little concern

for personal sensitivities. This style can also be found among entrepreneurial

organizations, many of which are struggling for their very survival. In most cases,

however, traditional to-down leadership style is no longer acceptable in today’s breed of

employees, who expect to be able to speak out, be heard, and have a clear influence on

how they do the work.

Different strokes for different folks. A second leadership style is collegial, where one

person may be in charge of a department but functions at the same level and with the

same knowledge and skill as his co-workers. In this type of organization, people are

respected for their knowledge, skill, and ability to do the job.

Other leadership styles that have been identified are telling, selling, persuading, and

participating. Each of these styles is appropriate depending on whether the employee is

new or experienced, and whether there is ample time or urgency in completing the task.

Sometimes, the manager is required to use different leadership styles for different people

under differing circumstances.

THE REWARD SYSTEM

Every organization is characterized by a particular type of reward structure, often

differing from person to person and from department to department.

As author Michael LeBoeuf says in his book, The Greatest Management Principle in the

World, “What gets rewarded gets done.” If you want more of something in an

organization, simply increase greater rewards for that behavior. If you want less of an

activity in an organization, simply reduce the rewards, or increase the punishment or

disapproval for that behavior. People respond to incentives.

It is quite common for companies to identify their most profitable products and services,

and then increase the percentage of commission that salespeople will receive for selling

those specific products and services, while maintaining lower commissions for less

profitable items. Salespeople, and managers for that matter, respond very quickly to

increased or decreased financial rewards for specific behaviors or for achieving specific

goals.

ORGANIZATIONAL CLIMATE

Is your company a “great place to work”? The organizational climate is deliberately

created and maintained by management. It largely consists of the way that people treat

each other up and down the line.

When Thomas J. Watson, Sr., started IBM, he laid out the three core values of the

company. These values—excellent products and services, excellent customer service, and

respect for the individual—would determine the future of IBM, eventually making it the

biggest and most respected computer company in the world.

The principle of “respect for the individual” was adamantly enforced at every level of the

organization, both nationally and internationally. You could make almost any mistake at

all at IBM, except one. You could not disrespect, demean, or insult another person, either

inside or outside of the organization. Treating people badly, especially people under your

authority, was grounds for dismissal, no matter how long you had been with the

company.

As a result of this element of organizational climate, not only did people compete

vigorously to get into IBM in the first place, but once there they were some of the

happiest, most productive, and creative people in any company in any industry.

THE STRUCTURE OF THE WORK

Some work is inherently motivational, requiring creativity, imagination, and high levels

of energy. Work that involves communicating, negotiating, and interacting with other

people in order to gain their cooperation to get the job done quickly and well brings out

the best energies of the individual. It is exciting and challenging. It is usually highly

rewarding as well.

However, an enormous amount of work must be standardized, routinized, and made

relatively unexciting in order to be done efficiently and cost effectively. It is hard to

motivate factory workers who work on a production line all day and whose activities are

carefully monitored and regulated to ensure maximum levels of productivity.

Good organizations are always trying to structure the work so as to match the nature of

the work with the nature of the employee and to make the work as interesting and

enjoyable as possible.

WHICH MOTIVATOR IS BETTER AND WHY

Since I am considering my company would be manufacturing concern I will prefer the

reward system. If you want more of something in an organization, simply increase greater

rewards for that behavior. If you want less of an activity in an organization, simply

reduce the rewards, or increase the punishment or disapproval for that behavior. People

respond to incentives.

ENDING SUMMARY OF THE REPORT

Management is about getting things done. Managers organize human and physical

resources to achieve business aims and objectives. Leadership is about influencing,

motivating and inspiring people. It is about coaching and developing people, treating

them with respect but challenging them. Leaders seek to create strong teams, with people

committed to the organization’s overall goals.

The process of managing starts with the target or objective to be achieved. A manager

must decide on the appropriate approach for reaching that target. The manager then needs

to communicate this approach clearly to his or her team and to allocate tasks to each team

member. Task allocation and delegation of responsibility is part of the management

function. However, other factors will also have an influence on whether the target is

achieved, including the task in hand, the skills of the team and the style of leadership.

The style of leadership can vary depending on the task. Some managers allow teams to

take charge of their own decision-making for many tasks. Team leaders will set the

objectives but empower team members to decide how these objectives are achieved. This

has several advantages. It helps to motivate individuals in the team and it draws on the

expertise of the members of the team.

CONCLUSION

Leaders need to be inspirational, creative and innovative, ready to embrace change and

with a long-term vision for achievement. Effective leaders manage by example and in

doing so, develop their teams. Encourages all its managers to lead by example. It requires

leaders who can motivate, problem solve and build great teams. ABC Company employs

people in a wide range of roles and provides a career structure which allows employees to

progress through the organisation. ABC Company degree feedback allows its employees

to reflect on their own progress and improve. Even if someone starts as working in store

filling they can progress through the organisation into positions of authority and

responsibility.

BIBLIOGRAPHY

Management studies book www.google.com/management

Assignment Name: - Leadership Style in Management

PrefaceExecutive Summary

Table of Contents.

Main BodyIntroductionObjective:Methods:

2. Suppose you are the CEO/MD of ABC Company Ltd.You want to ensure proper leadership and decide.

a. What type of leadership style you would like to follow and why?

B.What motivators (motivating factor) you would introduce in order to ensure the highest level of performance from subordinates and why?

Recommendation Bibliography