Tuesday, May 5, 2020

Contemporary Issues in Business and Management Leadership and Followe

Question: Discuss about the Contemporary Issues in Business and Management? Answer: The main aim of this paper is to discuss the contemporary issues in the business and management with the help of two different articles. The first article is based on, Spotlight On Leading the Focused Organization. Through this article, the authors argued that employee disengagement is the main issue faced by the companies in today's business environment. This issue further caused poor services to the customers, loss of customers, and high employee turnover. The authors contended that poor leadership is a key cause of increasing employee disengagement in the organization (Kim and Maubargne, 2014). The authors argued that the use of blue ocean leadership can be beneficial to retain the unexploited talent and energy in organizations. It is found from the article that blue ocean leadership is different from traditional leadership approaches as it focuses on acts and activities, which leaders need to undertake to boost employee motivation and business results. Additionally, in blue ocean leadership, it is asked to people who face market realities that how leaders hold them back and how they can assist them so that employees serve customers in a best way (Kim and Maubargne, 2014). This engagement of employees in defining the leadership practices results in creating a best leadership profile because it works as a motivation tool. Concurrently, this leadership also focuses on distributing leadership across all the management levels including top, middle and front. It can also contribute to enhance overall business performance. The authors provided four different steps to put blue ocean leadership into practices including "see your leadership reality, develop alternative leadership profiles, select-to-be leadership profiles, and institutionalize new leadership practices" (Kim and Maubargne, 2014). Similarly, in another article that is related to "the essential interdependence of leadership and followership", the author argued that to be successful, it is essential to find new and better leaders that have the ability to engage followers in mutually satisfying and productive organizations (Hollander, 1992). The author argued that qualities of a good leader such as honesty, competence, and dependability are also included among good followers attributes. The author also argued that to ensure positive business outcomes, it becomes essential that followers give positive responses to leaders course of actions and motives. At the same time, the author also argued that different leadership theories and models such as transactional and transformational are used by leaders to change in followers thinking and motivate them to work towards the achievement of organizational goals and objectives (Hollander, 1992). It shows that both articles emphasize on making effective leadership that is f ollowed by the people or followers in order to get business success and growth. Thus, based on the assessment of both the articles, it can be concluded that to ensure the long-term business survival and building of competitive position, it becomes essential that companies focus on the use of effective leadership. Additionally, in support of the use of blue ocean leadership strategy, it can be stated that as this leadership emphasizes on employees engagement and the implementation of leadership at all level it is effective to provide business growth and success. It can also be stated that by involving employees in the decision making process and other business processes, leaders and managers can ensure the success of their actions and motives. References Hollander, E. P. (1992) The Essential Interdependence of Leadership and Followership. Current Directions in Psychological Science, 1(2), pp. 71-75. Kim, C. and Maubargne, R. (2014) Blue Ocean Leadership. Harvard business Review, pp.61-72.

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