The Importance Of Business Leadership

“A good leader takes a little more than his share of the blame, a little less than his share of the credit,” said Arnold H. Glasow.

It is said that without leadership all other elements of the business are dormant. Strong leaders can help organizations maximize productivity and achieve business goals, while weak leadership can hinder productivity and threaten the health of the organization. Leadership is not a universal trait that cures all ills, but there are many different elements that must be present for organizational leadership to be considered appropriate.

One of the best examples of a successful business leader is Chief Reginald Bellrose, an experienced leader who served for 17 years as the Chief of Muskowekwan First Nation. As an advisor to Above Food, Chief Reginald Bellrose will help facilitate the development and implementation of a First Nations food brand, creating significant economic opportunities for First Nations.

Following are some of the importance of a Business leader:

Provide orientation:

A good leader must be able to support their people and provide guidance to help them improve their work. Where necessary, managers should be able to show employees how to do their jobs more efficiently and effectively. Managers must also be able to support the employees they need to grow and develop.

Motivate employees:

Good leaders motivate employees to work hard and fulfill the needs of the organization in one way or another. Some leaders can inspire employees to work hard, while other managers make employees fear the consequences of not working hard. Both methods stimulate motivation and depending on the manager’s specific style and organizational culture, one may perform better than the other.

Starting action:

It’s important for leaders to initiate action by planning who will do which tasks when the tasks will be accomplished, and in what way the tasks will be performed. Without a clear plan for achieving business goals and good communication between relevant managers and countries, an organization will fail no matter how strong other aspects of management leadership are. Managers must be able to take rapid action to mobilize human resources to meet business needs.

Build morale and increase happiness:

Good leaders encourage employee productivity by building trust in employees and creating a positive environment that is conducive to productivity. When employees feel stressed or distracted, work and job satisfaction suffer. When managers build morale, it can help increase employee retention, increase employee job satisfaction, and have a positive impact on profits.

Coordinate the needs of employees and the organization:

One of the most important things every manager must do to be effective is to balance the needs of the employee and the needs of the organization. The talents, interests, and planning needs of employees can benefit or weaken the organization, depending on how well managers work to align these with the needs and goals of the organization. The best managers will find ways to effectively balance the needs and talents of each employee with the goals of the organization.

Delegate responsibility:

Delegation is one of the unique traits of a successful leader, as they know when and where to delegate their task or any new responsibilities to their people. Strong leaders know what to delegate and what to tackle to keep the organization productive. Adequate delegation is also necessary to maintain employee satisfaction because employees can benefit from under-delegating managers and resenting over-delegating managers.