DEVELOPING STRATEGIC MANAGEMENT AND LEADERSHIP SKILLS Essay

ingress lead and worry, these argon two words we implement on escapea sidereal day basis. But the questions like how do we realise close drawing cards, what qualities, attitude, dah and de fuddledor do they exhibit, ar frequent. The ability to lead is non connected to education, although approximately attracters ar intelligent tidy sum. Many qualities unavoidable for a draw atomic number 18 excessively possessed by managers. on that point argon interconnectedness between drawing cards and managers. Organisations intention to founder lead among employees has been in growth. It is because they realised the potentials of true loss draws. leading and managers play a meaningful role in enabling opposite practiti nonp beilrs to develop the necessary capabilities in a climate of signifi dejectiont change and breedings. I think, by create our lead clevernesss, we atomic number 18 assured a much rewarding and prospered cargoner. there is no doubt that, leading potential disregard be developed. With consignment, effort and practice, anybody flowerpot move beyond the aptitudes you argon born with to be an excellent drawing card.The ab come to the fore dangerous leading myth is that attractors are bornthat there is a genetic factor to leading. Myth asserts that plurality simply any ask indisputable charismatic qualities or not. Thats nonsense in fact, the opposite is true. leading are give rise sort of than born.Warren G. Bennis. Globalisation has resulted in diversity. To maximise contribution, each memorial tablet and its managers are now ch solelyenged with creating inclusive employmenting surround. They need to understand efficacious leading demeanor and culture to signifier trust and rearive congenatorship. Rapid scotch changes pose new-sprung(prenominal) opportunities and threats. leading are supposed to face those occurrences. For managers the being keeps ever-changing. It changes from hour to hour, day to day and week to week. The strategies that were effective yesterday are not necessarily effective in the like situation effective a guidance-QuinnLook more strategical instruction regale essayIn order to face the growing competition in the market, it is precise imperative for nerves to advance potential leader. underdeveloped strategic prudence and leadinghiphip expertnesss should be a place of organisations actions.1.1 Explain the link between strategic commission and leading Strategic Management consists of the analysis of any organisation, finality qualification and necessary actions in order to create and sustain competitive advantages. That is strategic steering is concerned with analysis of strategic goals, along with analysis of a authority and internal conditions of the organisations. Then taking necessary c f any aways and follow doneing those finishs systematically to get the competitive advantages. Strategic prudence, popularize d during 1980s. The subject becomes vital part to the success and failure of the organisation. normally it is considered as the responsibility for the general direction of the organization sums up what strategic management is all or so. It posterior also coiffure as the process of identifying and executing the organisations strategic goals (mission, fancy and objectives) by coordinated its capabilities with the demand of its environment.Strategic management contains a set of managerial terminations. lead is the ability of a person to get other allowingly to follow. In a simple existence leadhip can be define as the ability to transform vision into reality. Strategic leadership supplys the vision and direction for the growth and success of an organization. It requires reservation wise and deliberate choices most how, when, and with whom to lead. A cracking manager is now by definition a leader. Equally, a good leader will also be a manager. Majority of practical peop le are interested primarily in what they acquire to do, and not whether it should be labelled leadership or management or both. It is very true that I maintain said that I considered Napoleons presence in the field equal to forty thousand men in the balance Duke of Wellington. Difference between strategic management and leadershipManagement leadersIntended to formulate, organize, co-ordinate and measure appear Job is to inspire and egg on management administrate the organisation leading innovate Management tries to maintain the organisation Leaders tries to develop focussed on system and structure Focuses on peopleThey focus on the present situation They look towards afterlife React to conundrums and issues Proactive to issues and problem Prefer to mastery Knows how to delegateMinimising risk Taking riskThere are thousands of lessons for leaders in the world. Jack Welch, he worked magic at GE in the 1990s. Lou Gerstner, the headway behind the in(predicate) turnaround of IBM. Their books about their exploit, success and philosophies of leaderships became upsideper sellers. 1.2 Analysis of impact of management and leadership ardours on strategic end There are divergent leadership and management expressive names. disparate carriages work well in contrasting situations. They are base on variant trusts and theories. Strategic decisions prosecuten by leaders wait upon their style. The style used by each individual will be based on their beliefs, values, ethical views and preferences as well as the organisational culture and norms which will encourage whatever styles and discourage others. 1. Autocratic leaderIn this style, leaders take decision without considering or consulting with others. This style work well when there is no need of discussion or the discussion would not bring any changes or the motivation of people will not affected with or without discussion. 2. Democratic styleThe leader involves employees in the decision devisin g. This kind of style is usually appreciated by the employees or subordinate. This style would bring problems in a situation where there are wide ranges of opinion and there is no well-defined way of taking the final decision.3. Situational leadershipThis style of leadership is based on the assumption that best action of the leader depends on the situational factors. When a decision is needed, an effective leader does not fall into a case-by-case style. 4. Transactional leadershipThe assumption behind this kind of leadership is that people are make by rewards and an organisation work well with a lightsome fibril of command. This kind of leader industrial plant thorough creating clear structures. Subordinates dutywill be well defined and also the reward they get for next the orders. Punishments are not always mentioned, but they are also well-unders alsod and lump systems of discip strain are usually in place. The first stage of Transactional leadership is in negotiating the c ontract whereby fixing the salary and other benefits of subordinates, and the order (and by implication the subordinates manager) gets authority over the subordinate. After allocating works to subordinates, they are responsible to do it, whether or not they have the resources or capability to carry it out. When things go wrong, then the subordinate is considered to be in person at fault, and is punished for their failure (just as they are rewarded for succeeding).5. displacemental leaderThis style is based on the assumption that employees will follow a leader who motivates them and a person with vision and passion can achieve anything. Transformation leadership start with the information of a vision, a view and form to future. That will excite and converter the employees. Transformational leaders are so committed always. They continuously work to motivate the followers.Decision making can be affected by leadership style. The key elements of leadership are 1. taste their own p ersonalisedity and mind others 2. Understanding the situation 3. Applying assume skills and techniques.Leaders having different styles can have different trains of key elements. So the way and take aim in which they identify their personality can differ. They responds to a same(p) situation by different leaders can variegate. leaders and management style getting meaning(a) in the sense that you cant lead people in the same way as you did in the past if you want to get their talents and obtain efficient proceeding.Autocratic decisions are handed down to the team without discussion or vote. But that decision is necessary sometimes. Especially when a strategic decision necessarily to make right away. The impact of this style is for many people, this style tone of voices harsh, a not bad(p) disaster of demotivation. Rest of peopleassured leader can demonstrate circumstance and compassion for team while using the Autocratic style, even though the team is not directly involv ed in the decision. There are situations in which leader wants input from employees or teams. Leaders, uses republican style practice that situation well. This kind of decision-making allows for active participation from the team. But of host and personal responsibility is the disadvantage of this style.IBM prefers transformational leadership style, so that leaders are culturally adaptable and can unleash IBMs energy and can meet strategies well.There is a common thought that leaders who listen considerately to their followers opinion before making final decision get good result as compared to non-listeners. In the case of democratic style, the leader gives up ownership and control of a decision and allows the group to vote. Advantage of this style is fairly fast decision, and an amount of group participation. No organisation or leader can implement a single style to deal with the multitude of decision that needs to be do during change process (Nancy, 2007). British petroleum, a major energy caller planetaryly in terms of oil and gas deserves, gilds growth has been accompanied by a sum up of accidents and safety-related violations which have had tragic environmental and personal consequences.Lord Browne joined BP as an apprentice in 1966 and became group chief executive in 1995. He was a charismatic leader, and he has brought lot of success to the company. But he was forced to resign in 2007 due to a personal scandal. attractive leadership style got few drawbacks. The complaint against Lord Browne was court by media and melody associates fuelled his charismatic style and he ignored day to day core fear activities.1.3 How leadership styles can be pick out to different situations? Success of an organisation or a group qualified on the posture of the leader. Leaders success depends not precisely on who they are, but the style they adopt, action and reaction to versatile situations. none of the leadership style is appropriated in all situations. Emergence of learning engineering science and sphericalisation has drastically changed the expectation and behaviour ofthe people in the organisation. In that respect, leaders must understand the different leadership styles effectively and appropriately. Leaders must be up to date of the situations. Leaders must be prepared to step in and show the way in all kind of situations.Different style can be capable to different situations in relation to 1. logical argument- situations 2. Types of team players involved 3. Corporate culture line situation This is a fast-changing world, technological changes, economy changing, weather changing and so forth In such a situation a leader cannot lose the sense of changes. Business situation means competition, market changes, market share, financing, world economy, sense of urgency in fianc and talents. We know that high risk situation needs very tough and active involvement by the leader to keep it control. The people or team members In every organisation, there will have different kind of employees or members.Differ by characters, talents, skills, attitude etc. identifying the team members is a tough task. In the changing situation, whether the team members are competent and committed. The corporate culture There is no doubt that the culture in the organisation will influence the leadership style. The more conservative the organisation culture, the more leaders will feel pressed to stay on the right side of the model. Jack Welchs leading StyleJack Welch, he was the youngest chief executive officer of General voltaics muniment. He made a resolution to transform GE into one of the world biggest firm. With his unique leadership style and character, Welch made history during his 2-decade journey at GE. His way of leading was based on some concepts. Lead, not manage- gibe to him leadership can be demonstrate in as long as they come up with good ideas and can energize rather than depress and control. Get less s emi-formal Jack doesnt wear ties to work he often holds daily meetings and encourages everyone to lighten up. Informality inspires people to have more ideas and it is one of the keys to GEs success.No bureaucracy Welch wished that each employee should work on getting rid of bureaucracy every day. Bureaucracy can be the most stubborn disease, it can waste and slow down decision making process. Face reality company was losing its market values and there was too much bureaucracy when Jack Welch joined the company. He realised the realities and brought out strategies andinitiatives that made things better. Simplify the business his goal at GE was change the business. He didnt think that business had to be complicated. He essay to eliminate complicated memos and letters. Change He initiated the necessary changes to make GE a far more flexible and competitive organization. He made change a part of GEs shared value.Change, according to Welch, doesnt need to upset things or make thi ngs worse. It can mean opportunities, good ideas, new business or new products (kevin, 2007). Lead by energizing others, not managing by authority Welch called his leadership ideal term less, which means an open organization, free of bureaucracy and anything that prevents the free catamenia of ideas, people and decisions (kevin, 2007). His choice was inspiring others to perform well. Lead by doing- one of the leadership style adapted by GEInformation technology is critical to the future of GE. As a key pipeline for future leaders of GEs world-class global IT organization, the Information engineering leading Program reelects continued education with over 12 weeks of technical, suffer management and leadership gentility over the two course of instructions (GE, 2013). The hire out assignments and training are designed to enable participants to use their information technology experience to drive some of GEs strategic business initiatives (GE, 2013). apiece assignment and trai ning experience is global allowing participants to travel to other countries, work with colleagues from around the world, and make an impact on products and services that make the world better (GE, 2013)2.1 Review the impact that selected theories of management and leadership have on organisational strategy Situational theories or contingency theoriesThose theories began in 1960s. The staple assumption behind the theory is that individual characteristics make them equal leaders only in certain situations. Each situation requires a leader to vary behaviour to fit the conditions. In other words, there is no right or wrong way in leading all the time. Fred Fiedlers contingency theoryIn 1967, Fred Fiedler proposed his contingency theory. His objective was to find out when a task orient approach would be more effective and when arelationship oriented approach would be more effective. He let offed that task oriented leader very effective when conditions are either very favourable or wh ich are very unfavourable to the leader. When conditions are favourable, member relations are blind drunk there is a constructive relationship between the group and the leader and the task is clear and structure the group members are ready and willing to work, and their energies can be focused on the goal. Task-oriented leaders are effective because they live job performance (Henman, 2007).According to Fielder, the relationship oriented style is more effective in situations which are intermediate in favourableness. When an intermediate situation is present, the leader can help to build confidence and coherency by focusing on the personal needs of the individuals (Henman, 2007). Hersey and Blanchard theoryIt is another situational theory. This theory was introduced 10 year after Fiedlers theory. First of all Paul Hersey and Kenneth Blanchard assume that leaders are more flexible than Fiedler does. They explained that leader should change behaviour as the followers adulthood in creases. This is the first of the situational theories to address the element of follower maturity.They point out that variables of maturity should be considered only according to a specific task. That is, followers are not mature or childlike in any total or chronological sense rather, they have varying degrees of maturity depending on knowledge of or experience with a specific goal (Henman, 2007). Leader-style theoryThis theory was introduced by Vroom and Yetton. They explain the different ways leader can make decisions and necessary guidelines for leader in order to determine the extent to which subordinate should participated in decision making. Charismatic leadershipCharisma, as explained by Max Weber, is a certain fictional character of individual personality, by virtue of which he or she is by from ordinary people and treated as a personality with olympian power or qualities. On the basis of this, they are considered as leaders.Each theory differs slightly. That indicates that there is no one best among all types of style. undefeated leader is the one who can adapt to the changes. An effective leader needs to diagnose the needs and wants of followers and then react accordingly.The impact of different theories of management on organisational strategy will be different. IBM needs special leaders who can create high-performance work climates and foster employee contest people who not only succeed but enable others to as well. A disciplined process of identifying and maturation high achievers and leaders has been a main stone of IBMs strategy to regain market leadership in the IT industry. In order to build a pool of leader for the future strategies, IBM has been establishing periodically refreshed core competencies for all IBM employees. They have a pervasive use of competencies for development, succession planning and selection.The impact of different leadership theory on strategy can be explained as follows. For font lets consider contingency th eory. As Fiedler explained, task oriented leaders are very effective when conditions are favourable or unfavourable. When conditions are favourable, members relations are strong, there is a positive relation between team and leader. Hence new strategies can bring and work it out well so easily. In unfavourable circumstances or in stressful situations, a leaders structure and control can remove undesirable ambiguity and the anxiety that goes with it. Hence effectiveness of strategy can be maintained. In an intermediate situation, relationship oriented style is best. The leader can help to build confidence and cohesion by focusing on the personal needs of the individuals. That was the approach pick out by Jack Welch, GE.2.2 Create a leadership strategy that support organisational direction leading strategy for General ElectricsThe General Electric Company, or GE, is an American multinational conglomerate corporation incorporated in forward-looking York. Company operates in five sec tors via energy, technology infrastructure, capital finance, consumer andindustrial.It has been almost a decade since Jack Welch retired as GEs chairman and CEO, the brain behind the success of GE. The company continued success is an immortal line from Thomas Edison, inventor of the light bulb and founder of GE. The current CEO of GE is Jeffrey Immelt. The strategy of GE is growing by focusing more on have kittensing business and creating new ones than on making acquisitions.Jack Welch and Jeffrey immelt are considered to be the most influenced business leaders. If we consider their way in which they lead, and their decisions, it is clear that they preferred transformational leadership style. Even though both used the same style, Jack Welch had been more extreme than his successor. Leadership strategy choosing a best leadership style is the major step in leadership strategy. Leadership at company like GE is very crucial. Transformational leadership style is better for GE. They hav e the story of success using the same style. Transformational leader is able to influence his followers and make them do more than what is judge from them, what they were willing to do and often more than what they thought they were sure-footed of.Transformational leadership is, a process that changes and transforms people. It is concerned with emotions, values, ethics, standards, and long-term goals and includes assessing followers motives, satisfying their needs, and treating them as full human beings- (Northouse). The reason behind the selection of this leadership style is this style motivates the followers. The leader and followers are well aligned in this system. A transformational leader can motivate the followers by circumstance challenging goals. Transformational leadership is composed of four key elements, influence, inspirational motivation, understanding stimulation and individualized consideration.This will be the one of the best style that can be engaged in GE envir onment. The transformational leader has also the capacity to involve his followers to envision the future of the company by communicating them attractive goals and expectations and by showing them a strong commitment to reach these expectations and to be in line with thevision he shares (Riggio). Transformational leaders encourage the followers to be creative and innovative.We have seen the different leadership style and their impact on organisation. Even though, no particular leadership style is better always. It depends on the situations. The best style GE can use is transformational leadership because of its unique advantages. Transformation leader can take risk, as Jack Welch did in GE.Leadership strategy makes explicit the number of leaders required, and what kind of, where, with what skills and styles. GEs corporate strategy is to expand instead of alliances. So they need thousands of leaders all around the world. The leaders should have collective capabilities like providing direction, motivate the followers, engaging employees in decision making and to gain their active support in implementing planned cross-functional actions, implementing successful innovations, adapting to change, ensuring transparency just like former leaders, developing talents and being responsive to customers like Jeffrey Immlet. Since the corporate strategy is becoming more global, it require great cultural sensitivity among leaders, enhanced representation of different geographies at top level, enhanced language skills to enable cross cultural relationships and greater understanding of local laws and business arrangement in strategy making.3.1 Use appropriate methods to review current leadership necessity We know the important of leaders. It is very necessary to identify the leadership gap in any organisation so that top management can take necessary actions. any(prenominal) of the best and most venerable organizations are failing to adapt to change, implement their strateg ic plans successfully or prepare for a more timid future because of the reason that they failed to forecast the leadership exigency. Organisations need to avoid the risks associated with little leadership and need to prepare better for its current and future leaders.Leadership requirement for General ElectricsLeadership computer programmes are atrocious at bottom GE that are designed to build the next generation leaders. These programs build meliorate foundation for acceleratinglearning and development in a particular domain, from commercial to operations, from human resources to information management, from finance and communications to technology (GE, Leadership Programs, 2013).There are more than 300,000 employees in GE. The company operates through different sector. GE consistently ranks as the most admired and respected company in the world. Profit of GE grows consistently. Company serves customers in more than 100 countries. forrader looking for leadership requirement, need to understand the corporate strategy.Leadership requirement can be planned based on that. CEO of GE believes that ideal situation for a global firm was to have its mill on a barge that you could move around the world to wheresoever it was the best competitive environment at the time. Their strategy is to expand business globally, instead of just looking for alliances.Fast moving Globalisation opens new opportunities for a global firm like GE. Hence leadership requirement at GE is tremendous. They need leaders at various levels. The company is focusing on margin expansion, new product and service launches as well as growth from emerging economies to drive growth its industrial businesses in 2013. Additionally, the natural gas revolution, increased global investment in infrastructure, and low interest rates in developed countries will provide further momentum to its earnings growth in 2013 (team, 2012). These new strategies hopefully drive them to big success. But they need lea ders not only in quantity but also in quality.3.2 Plan for the development of future situations requiring leadership Requirement of leaders in the GE increases. Leaders are not only required in the top level but also in the various bottom levels also. A good leader is always prepared for the any kind of challenge. He acts quickly and accurately according to the given situation. We can say that a good leader takes the right decision at the right time. Leadership plan and programs are necessary for the development of future situations requiring leadership. Leadership Programs GE has various leadership programs. As part of their strategy to achieve commercial probity and drive organic growth, they are developing a pipeline of strong sales and marketing leaders at GE throughthe technical Leadership Program (CLP).CLP offers a curriculum that boosts the development of commercial skills and techniques that are critical to success in all GE businesses. CLP prepares candidates for a succe ssful career in sales or commercial operations by providing the opportunity to learn about GEs products, industry, and customers while making valuable contributions to the on-going success of GE. Those programs are very effective. They need to add more values to those programs. Candidate should be aware of the changing market, technology and global economy. Leadership opportunities even though, GE spent more than $1 one million million annually in training and development of programs, a global company having more than 300,000 employees and serving in more than 100 countries, that one billion is not an adequate amount. As compared to their profit growth, they need more to build leadership qualities in their employees. Human resource leadership program In GEs Human Resources Leadership Program people are gaining real-world business experience, contributing to GE businesses and getting in line for HR leadership roles across the company.HRLPs can build countless HR leaders at heart GE. undergo commercial leadership programs The Experienced Commercial Leadership Program (ECLP) prepares MBA graduates and experienced professionals for GE leadership roles in marketing and sales. The two-year rotational program offers opportunities for individuals to drive growth within a business, take up world-class commercial and leadership training, and be part of a global network of marketing and sales leaders 4.1 Plan the development of leadership skills for a specific requirement Leadership skills are the key constituent required for a good leader. Some would say key segment in management. The basic leadership skills required in most situations are same. But under certain specific condition, they need specific skills. The basic skill required for leaders are explained below.Integrity this is the basic quality of a leader. This quality makes people trust the leader. Trust is essential in all human relations. Confidence it is essential quality for all leaders. growing self-confidence is the preliminary to becoming a leader. Self-awareness People who have a high degree of self-awareness recognize how their feelings affect them, other people, and their job performance. They can speak openly and accurately about their limitations. Self-regulation People who are in control of their feelings and suddentemptation are able to create an environment of trust and fairness. Appropriate self-regulators are usually thoughtful and resist making impulsive decisions. These are definite qualities of a good leader.Motivation it is an important skill required for skills. Only effective leaders can motivate followers. Social skills social skill is necessary to build relations. Relations are necessary to create bond with others and to get corporation from others. Communication skills to deliver leaders idea properly, communication skill is very necessary. A good communicator can pay attention and listen carefully. Lead by example One of the best ways to lead i s by example use where needed, lending a helping hand, and making sure that the work you do is clearly understood by your team. Leadership skills strataplex Leadership skill requirements are often described as being stratified by organizational level. The term strataplex captures the stratified and complex nature of the leadership skill requirements and their relationship with level in the organization. Leadership skill requirement is categorise into four groups. 1. Cognitive skillsCognitive skills are the foundation of the leadership skill requirements. They are comprised of those skills related to basic cognitive capacities, such as collecting, processing, and disseminating information and learning and are the fundamental skills required for a large dowry of the activities in which leaders are engaged (Mumford, 2007) .These skills include skills like unwritten communication, written communication, ability to learn and adapt etc. 2. Interpersonal SkillsThese are skill relating to interacting with and influencing others. Examples are skills required for coordination of actions, negotiation skills etc. 3. Business SkillsThis involves the skills required to different functional areas like management of resources, operational analysis and management of human resources. 4. Strategic SkillsStrategic skill requirements are highly abstract skills needed to take a systems perspective to understand complexity, deal with ambiguity, and toeffect influence in the organization (Mumford, 2007). This includes skills for planning, visioning etc. Leaders are not born, they are grown- this is the word by the father of management, Peter Drucker. Leadership ability is not an inborn skill most times. This can develop through practices. Doesnt require talents, but commitment is necessary. The great leaders have chosen to be just that, and then developed the skills that are required. Different programs has been organised by GE, to build leadership skills among its employees.1. doorway level program or Commercial leadership program (CLP) is an example for it. The CLP is a 12 to 24 month program that develops marketing and sales skills through a strong core curriculum and challenging assignments. 2. Experienced program Human Resource Leadership program (HRLP). GEs HRLP is a two year program that includes three job assignments, global cross-business projects, and in-class and realistic training. 3. Experienced Commercial Leadership program (ELCP). The ECLP program consists of three, eight-month rotational assignments within the marketing and sales functions of one of GEs businesses (GE, Experienced Program, 2013).4. summons management Leadership program (OMLP) OMLP accelerates development of entry-level talent and produces leaders capable of meeting the challenges facing the Operations, Supply Chain, Manufacturing and Quality functions at GE (GE, Entry level program, 2013).4.2 Report on the usefulness of methods used to plan the development of leadership skills There are lot of methods to plan the development of leadership skills. Different methods are useful in different situations. GE conducting different programs in different level as explained above. Leadership programs are amazing platforms within GE that are designed to build the next generation of leaders. Commercial leadership program (CLP) provides candidates with valuable training, experience and exposure to a team of motivated colleagues and helpful mentors that can accelerate their careers. HRLP (Human Resource Leadership program) has created countless generations of HR leaders at GE. The program continues today and hushed focuses on taking talented people, providing them with globally diverse challenging experiences, and developing them into world-class HR leaders. Candidates will have formal training, rotation, seminars, business simulations and residential district service activities.Experienced CommercialLeadership Programs (ECLP) offers opportunities for individua ls to drive growth within a business, receive world-class commercial and leadership training, and be part of a global network of marketing and sales leaders (GE, Experienced Program, 2013). OMLP (Entry level Program) is a two-year program consisting of four six-month rotations that allow members to build leadership and functional skills through challenging rotational assignments and world-class training (GE, Entry level program, 2013) . Other useful methods is arrange meeting of the ply and ask about their ideas and ask for their feedbacks.The best method, however, is getting feedback from the staffs. Another way of developing leadership skills is to get familiar with your followers. It will help you in understanding their feelings and their needs, which in turn will help you in managing their needs. Different plan for the development leadership skills includes conducting seminar, training programs, meetings, job rotations etc. mop upThis assignment is used to explain the link betw een strategic management and leadership. Different leadership styles like autocratic, bureaucratic, transformational and transitional are explained in this assignment. The effectuate of various styles on strategic decision making are explained. The suitable leadership style for General Electric has been suggested on the basis of precedent history. Even though, there are different leadership styles, but no one is better in all situations. Style should be adapted according to the business situation, team members and culture of the organisation. Different leadership theories are discussed in the assignment. Situational theories and contingency theories have been applied. The situations in which different theories can be applied are explained. Different leadership styles and their role are explained.Anyone can become a good leader by adopting certain skills and techniques and applying them in their daily life. Because leaders are not born, but they are grown, great word by Peter Druck er. Good leaders know how to use different styles in a balanced way. In this competitive world, organisation can only sustain if and only if they can bring strong leaders.There are different ways of enhancing the leadership skills for future requirements. And there should be a plan of developing these skills. The plan should cover all the current andfuture needs for leadership and is helpful in the overall progress of the organization. A leader is a person who provides the vision for the future. Developing leadership skills in our personality will help us to look for more opportunities in our future.BibliographyClaudel, P. (2011). Leadership style A powerful model. TJ. Derue, S. (2011). indication and behavioural theories of leadership. Michigan. GE. (2013). Entry level program. Retrieved 2013, from www.ge.com http//www.ge.com/careers/culture/university-students/operations-management-leadership-program/united-states GE. (2013). Entry level program. 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