Cultural Dimensions of Leadership
February 12, 2025
While the Aristotle model of communication puts the speaker in the central position and suggests that the speaker is the one who drives the entire communication, the Berlo’s model of communication takes into account the emotional aspect of the message. Berlo’s model of communication operates on the SMCR model. In the SMCR model S – […]
A team comprises of two or more than two people grouped to achieve a common objective or a goal. On the other hand, High-Performance Teams are objectively more focused in approach and better than the usual work teams. The members of a High-Performance Teamwork towards the achievement of synergies in business outcomes and attainment of […]
India is one of the biggest markets for insurance companies across the world. However, it also needs to be understood that operating an insurance business in India is not free from risks. This is because insurance companies in India face an abnormally large number of fraud cases. In fact, it is estimated that the Indian […]
The concept of market risk has always been around ever since financial markets have existed. However, the measurement and management of market risk is fairly new and has come up only in the last three to four decades. The recent past has seen a proliferation of theories and models which have been used to measure […]
In the previous few articles, we have studied how reinsurance contracts work. We now have a deep understanding of the type of relationship between the ceding insurance company as well as the reinsurer. We now know about the various types of clauses which are commonly included in the reinsurance contract as well as the financial […]
Following are the main roles of a leader in an organization:
In the top level, it is important for getting co-operation in formulation of plans and policies.
In the middle and lower level, it is required for interpretation and execution of plans and programmes framed by the top management.
Leadership can be exercised through guidance and counseling of the subordinates at the time of execution of plans.
He/She has to represent the concern at seminars, conferences, general meetings, etc.
His/Her role is to communicate the rationale of the enterprise to outside public. He/She is also representative of the own department which he leads.
A Leader is trying to co-ordinate the efforts of people towards a common purpose and thereby achieves objectives. This can be done only if he can influence and get willing co-operation and urge to accomplish the objectives.
In this regard, a leader has to invite suggestions and if possible implement them into plans and programmes of enterprise. This way, he can solicit full support of employees which results in willingness to work and thereby effectiveness in running of a concern.
A Leader can be a philosopher by utilizing his intelligence and experience and thereby guiding the employees as and when time requires.
He/She can be a guide by supervising and communicating the employees the plans and policies of top management and secure their co-operation to achieve the goals of a concern.
At times he can also play the role of a counselor by counseling and a problem-solving approach. He can listen to the problems of the employees and try to solve them.
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