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Importance of effective management and leadership to the success of a business


The term Management means, and deploys human and the feve the results and evaluate the results. Management also entails the recording and storing of information for future use. It is worth noting that management is not only a sole duty of the managers and supervisors because each member of the organization has some managerial roles to play as part of their job.Management goes hand in hand with leadership. On the other hand, Leadership is defined as the art of influencing people to perform the assigned taskswillingly efficiently and effectively.

Effective management and leadership, when tactfullyimplemented, will have the effect of pushing the organization to higher heights.

Importance of effective management and leadership to the success of a business

Effective leadership and management are as essential as the general is to the army troop

Effective leadership is particularly crucial in the senior managerial positions in the organization.To become an effective manager one should possess competencies in these six primary areas.

  • Ability to instill purpose and cultivating trust in people
  • Ability to manage change and promoting innovativeness
  • Satisfying the customer needs by improving the quality of goods and services
  • Excellent art of communication and wise decision-making
  • Managing resources and meeting the required quality
  • Self-management, and persuasiveness.

Managers who possess the above skills undertake their duties more effectively because they have the requisite skills of motivating their employees. hence will tend to be more committed. The resultant effect of this is high productivity level and reduced rates of absenteeism. Effective management and leadership also ensure that there are strong systems in place to support the work of the organization. re crucial in driving the organization towards achieving its goals.

Effective management and leadership will al ensuring a smooth line of communication and clarifies the goals and activities. If this is done ineffectively, a wide gap will be created this will threaten the output. Managers are also charged with the duty of delegating duties. Delegation of duties to the juniors is an essential tool ion achieving the organization’s objectives. Delegation of duties is important because it necessitates training, which ensures that the juniors are equipped with the necessary skills which aids in the effective delivery(Armstrong, 2006, p. 37)

. The four major factors of production land, labor, capital and entrepreneurship need to be organized skillfully in order to achieve the organization’s objectives. The productivity of these factors will only be possible if effective leadership is employed. Leadersare responsible for the training of employees to enhance their effectiveness.are also charged with the task of protecting employees under their supervision from either external or internal threats.will ensure that the employees feel secure when discharging their duties. The type of leadership style adopted will go a long way in shaping the productivity of the organization. While others use dictatorial techniques, the collaborative approach will produce more desirable results(Adeniyi, 2007, p. 19)

Summary

It is clear that an effective leadership and management skill plays a crucial role, in achieving success in any organization. Hence, as a leader, you have to influence,motivate,communicate and rejuvenate your followers to bring out the best out of them. Hence, a leader is the catalyst for any organization.

References

Adeniyi, M. A. (2007). Effective leadership management: An integration of styles, skills & character for today’s CEOs. Bloomington, IN: AuthorHouse.

Armstrong, M. (2006).A handbook of management techniques: A comprehensive guide to achieving managerial excellence and improved decision making. London: Kogan Page.

Leadership and management – The importance of effective management – Chartered Management Institute | Chartered Management Institute case studies, videos, social media and information | Business Case Studies. (n.d.). Retrieved from http://businesscasestudies.co.uk/cmi/the-importance-of-effective-management/leadership-and-management.html#axzz3ZwPCFwDG

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