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Importance of leadership in a society
Importance of good leadership in a country
Importance of good leadership in a country
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INTRODUCTION
A manager is someone who is accountable for directing and planning the work of individuals, constantly watching their work and work need, monitoring their actions and taking appropriate action when necessary. A manager takes up various activities in an organisation like monitoring the employees, supervising them, setting up goals which are in favour of the organisation and set tasks that help accomplish these goals. A leader is a very important part of the organisation; an organisation can not work effectively without a leader. Leadership is defined as “The art or process of influencing people so that they will strive willingly and enthusiastically towards the achievement of group goals” ( Harold Koontz and Heinz Weihrich).
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Great leaders make the workers feel that the work can be completed in ease, they replace anxiety with motivation and help direct the work to reach the goals. A leader in times of crisis, steps up and acts creatively to bring a solution to solve the problem. An excellent example of leader is Jeffrey Preston also known as Jeff Bezos, Founder and CEO of Amazon.com. He is a pioneer in universe of web business, and was instrumental in characterizing this space is currently characterizing numerous parts of the web world. It is Jeff Bezos who advanced the idea of "prescient analytics"–recommending items to consumers taking into account the search history and purchasing habits. Even though the concept was faced many criticism, his idea has made online commerce a more efficient and profit making business. Amazon.com is currently the largest online-based retailer across the globe. It has made online shopping a better and less time-consuming experience for people all over the world. Few features of leadership are: Firstly, the ability of a leader to influence an individual is leadership. Secondly, it attempts to bring out a change in the behaviour of individuals. Thirdly, it signifies interpersonal-relation between the workers and the leaders. Fourthly, Leadership is undertaken for the attainment of common organisational goals. Lastly, it is an on-going
Leadership is the ability to influence employees to voluntarily pursue organizational goals. Leadership is vision, enthusiasm, love, trust, passion and consistency. Management is to pursue organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling organizations resources. Leadership and management are not the same. They are not interchangeable. Leadership is coping with change and management is coping with complexity (Williams 444).
History”, n.d.). But the unbelievable pace at which Amazon added new products and new customers proved to be a formidable barrier for any competitors. Within the first 10 years Amazon accomplished an unbelievable feat; it had 49 million customers and 6.9 billion dollars in revenue, and it had done so by selling some products at a loss to build market share (Rivlin, 2005). At times it was difficult leveraging so much capital to grow market share, but Jeff Bezos’ focus on the customer and long term growth of the company proved to be the real reason Amazon didn’t fall prey to the .com bust like so many other internet
Amazon was founded in 1995 by Jeff Bezos and became one of the first major companies to sell goods over the internet
Management is defined as the act or manner of managing, handling, direction, or control (dictionary.com). Leadership is defined as an act or instance of leading; guidance; direction (dictionary.com). They do not mean the same thing; however, it is thought that a manager should have leadership skills to be able to manage an organization. Not all managers have great leadership skills and just because a manager does not have these skills does not mean he or she is a bad manager.
Managers have a multitude of formal responsibilities and are accountable for the actions of their employees. Managers must lead and direct an organization through manipulation and deployment of an organization?s resources. People in a management position are expected to carry out specific functions, jobs, and responsibilities; they must influence people, manipulate the environment, money, and time to achieve
For our business profile project, we focused on Amazon. Amazon.com Inc. was founded by Jeff Bezos in 1994. Amazon was first started in Bezos ' garage and has turned into a billion dollar operation over the course of 22 years (Smith). Amazon is currently headquartered in Seattle, Washington and has branch locations all over the world. Amazon is most known for their kindle, fast shipping, and selling various products (Smith). With Amazon being such a large corporation professionalism, academics, character, and engagement are crucial parts of the success of the company.
Jeff Bezo’s began Amazon in his garage in July 1995 with three Sun workstations setting on wooden doors for tables and extension cords running from everywhere (Academy of Achievement, 2010). Right from the beginning he was a visionary leaving his well paying job as a senior vice president with D. E. Shaw to begin Amazon.com (Academy of Achievement, 2010). Being the visionary that he is he saw an opportunity prompted by the huge growth rate of internet use in a single year and ran with it never looking back. Jeff realized that the internet had “no real commerce to speak of” so he began researching possible businesses (Academy of Achievement, 2010). “After reviewing 20 mail order businesses and deciding which could be conducted more efficiently over the internet than by traditional means he decided on books” (Academy of Achievement, 2010). He thought books were perfect because attempting to send huge catalogs for all the available books would be expensive and cumbersome, but an online resource database that was easy to navigate would provide customers with easy access and a single point from which to shop. “In 30 days, with no press, Amazon had sold books in all 50 states and 45 foreign countries, obviously by the success of Amazon he was right (Academy of Achievement, 2010). In a case study written by Javad Kargar called “Amazon.com in 2003” he stated that “Amazon's online store was a big hit, with about $5 million in the first year of operations” (2004). This huge success so quickly would have confirmed for Jeff that his idea was viable and drove him to continue to strive for more. Jeff Bezo’s charismatic-visionary leadership is the key to his and Amazon’s success.
The process of their working is different but sometimes they work together. Managers are maintaining the organization structure and status. On the other hand leaders are setting goal, direction, find new ways and challenging. Manager’s activities depend on human, time, money and equipment included decision making, problem solving, planning, budgeting, controlling, discipline etc. Leader’s activities depending and leading on inspiring and empowerment included inspiration, motivation, team work, make relationships, teaching and couching etc.
Launched by Jeff Bezos, the Amazon.com website started in 1995 and is today considered as one of the most prominent retail website on the internet with a record turnover of US$ 14.87 billion in 2007. Jeff Bezos’s intention was to create an internet based company with the most dedicated product portfolio on the internet where customers could find anything they might want. Amazon’s success is based on technology, services and products (Jens et al., 2003).
Presently many of us have learned that managers are primarily administrators who have learned to write business plans, utilize their resources and keep track of progress. We must learn that we are not limited by job title, and that means we can utilize our management skills in any position that we are in. We must also know that we can use our leadership skills in the same situations. On the other hand we have also learned that leaders are people who have an impact on those that surround them. The main difference that separates these two roles is that management is a function that must be utilized in any type of business, and leadership is the relationship that the leader has with his followers, which in turn can motivate and energize the organization.
Jeffrey Bezos, the founder and current CEO of Amazon.com, initially started the company as an online bookstore in 1994. Within several months, Amazon spread its operation to all 50 states and abroad. Presently, customers from over 45 countries buy at Amazon. Over a short period of time, the company expanded sales to electronics, video games, software, CDs, DVDs, MP3 downloads, food, furniture, apparel, jewelry, and toys. Today, the company even produces its own products such as the Kindle series. Also, Amazon.com is one of the major providers of cloud computing services. Currently, the company is the largest global online retailer responsible for 20% of online retail market share.
Jeff Bezos turned the word “Abracadabra” into the 80 Billion dollar industry known to the world today as “amazon”. The world’s mall, an online marketplace; limitless, anything, and everything a person can imagine can be bought at the click of a mouse, or a touch of a button. The world could shop to their heart’s desire. If it exists; it can be shipped “two-day free shipping” available, “Prime shipping”. The amazon Logo itself conveys cheerfulness and pleasure with its semblance of a smiley face and bold black letters, dark yellow arrow symbolizing everything one needs from A -Z. Why the trademark “amazon” with its simple plain white background, and black lower case letters?
For everyone in the business world, Mark Zuckerberg is not a very oblivious name to them. He is a young successful businessman and that is undeniable. However, Mark is also a very successful leader in his own company as well as to the world. His impact from creating Facebook is more than just impressive. Mark created the social media website where people get connected virtually and lead the company incredibly successful. Mark’s leadership style can be seen with inspirational motivation, intellectual stimulation and idealized influence. With all those components above, Mark Zuckerberg is a great example of transformational leadership.
Leadership and management are two words that are commonly mistaken; the relation and the differences between them are often unclear. Leadership can be defined as the ability to influence a group toward the achievement of a vision or a set of goals." Managers are there to plan, organize, lead and monitor employees' activities. Leaders also have to be able to guide an organization through change. As we will see later, vision is a crucial component in the success of this task.
Leadership and management are two fundamental concepts which are involved in the effective management of organizations. Leadership in my opinion is a complex concept, which includes association of human qualities and the result of their activities. To be a great leader means not only following own visions, but also work towards company’s goals.