There has been a lot of talk about leadership, due to its importance in the history of organizations, be it social, political or even military. It has always been a subject debated among big business, however, no matter if the leader in the organization is born or is done, there is no doubt that leading people are valued in your company as a driver and generator of added value in it. Some specialists see leadership as a broad and visionary activity that tries to discern the competence and values characteristic of an organization. In this sense, leadership can be interpreted and analyzed from two perspectives: as a personal quality of the leader and as a function within an organization, community or society.
The second perspective is one that tends to predominate as a study of leadership, so that leadership can be understood as a process of interaction between people in which one of them leads, through his personal influence and power, the energies, potentialities and activities of a group, to reach a common goal in order to transform both the company and the people who collaborate in it.
Organizations depend, to grow and endure the leadership of their leaders and this is valid for those who are for profit and those who do not. Since organizations depend on the leader, we need to see what aspects of it are important.
Transformational leadership:
The transformational leadership is one in which the leader is able to influence in a certain way that manages to “transform” or “change” their leaders in a positive and valuable way.
This seeks to make this change in the employees of an organization with the aim of motivating them to be able to meet the objectives more efficiently.
Transactional leadership:
The transactional leadership is the kind of leadership that is based on exchange between subordinates and leaders, ie, that each worker is compensated with incentives or rewards for the successful completion of the work.
In addition, “punishments” are often used for those employees who do not meet the required standards.
Autocratic leadership:
In the case of autocratic leadership, it focuses on allowing bosses or leaders to make decisions and control over most of the company’s work, thus having power and authority over decisions.
This type of leadership has total authority and responsibility. He is the one who makes the decisions and the employees do not have participation nor can they question those decisions.
Laissez-faire leadership:
This is to let each employee do their job, because each of them knows what to do and many instructions are not given.
This type of leadership allows each employee to be responsible for their position and only intervenes when they find it necessary
Democratic leadership:
The democratic leadership is one that is participatory and works to promote and enthuse employees to participate in the opinions and strategies that can be used, but ultimately the leader make the decision. Through this type of leadership, employee empowerment is carried out , a way to motivate them to efficiently carry out their tasks. You can always take inspiration from any successful business leaders like Bobby Genovese. Bobby Genovese Barbados is a founder and also a chairman for BG Capital Group Ltd investment Arm.
