Leadership in Business Managing Oneself

Question: Discuss about the term for Leadership in Business of Managing Oneself. Answer: Summary of feedback Feedback analysis is the desired method to distinguish the strength as well as the weakness to avoid unproductive habits and recognize an opportunity for development by understanding the duty for the relations with co-workers ((Drucker, 1999). The different types of the leadership styles are merely used for managing the entire workplace and to increase the effectiveness and the efficiency of the concerned organization. Transactional and the transformational leadership styles brings out the desired transformational change and offers motivation to all of the workers associated with the firm (Bond, Cooper, and Sutherland, 2010). The traits, as well as the personality of the different leaders, critically influenced my social skills and capability to lead the workplace. It reflected that the communicational skills are measured to be of great importance as it helps in understanding the preferred requirements of the other employees associated with the firm. Moreover, building an effective r elationship with the other members of the workplace helps in increasing the effectiveness of the entire firm. The use of the inter-personal skills are known to be of larger importance as this helps in evaluating the preferred growth of the particular firm (Buchanan and Huczynski, 2010). Motivation to the employees helps in encouraging the employees to provide the best possible effort in enhancing the effectiveness of the firm. The difference between the manager as well as the leader needs to be understood, as this will help in performing their own duty in an effective manner. It is very crucial to have the leadership individuality of an effective leader having the transformational leadership as this helps in making the effective decisions when required to enhance the business process of the firm (Cole, 2012). There are certain challenges in every business processes as well as the different workplace, therefore in order to overcome these challenges, a leader needs to have the perfect leadership character as to enhance the efficiency and the effectiveness of the firm. Flexibility in the working styles of the different employees within the same workplace is of great importance as this helps in evaluating the performance of the entire firm. Moreover, the decision taking capability of the concerned managers as well as the particular leaders are important as this helps in bringing out the positive results for the firm. The leadership styles crucially benefit the respective employees and enhance the overall performances (Fabozzi and Markowitz, 2011). The transformational style of leadership merely generates crucial impact on the work processes of the concerned firm and this brings out the measured elevation in the growth of the firm. It is very crucial the other employees as to bring out the best possible effort and to enhance the overall business processes of the concerned firm. High level of the communication system is required as to reduce the errors and misunders tanding while dealing with the clients and the customers. Involvement of the managers, as well as the senior leaders, is known to be of much importance as this evaluates the significant growth of the concerned firm. The transformational style of leadership helps in evaluating the required growth of the travel industry and it brings out the perfect elevation in the efficiency and the productivity of the firm (Ginneken, 2013). As per Kotter, the best leaders have the potential capability to motivate, empower and enable the employees which help to bring out the accurate positive outcomes towards the firm. It is very crucial for a perfect leader to possess the accurate superiority and the ability to empower the employees regarding their work processes. Moreover, innovation and the creativity is another useful tool that increases the efficiency and the effectiveness of managing the workplace. The leader should collect the relevant experiences from his past works and combine them in order to bring out the positive outcome for the firm (Hazy, Goldstein, and Lichtenstein, 2007). The employees within the travel industry need to understand their crucial role and they need to work as per the requirement of the firm. On the other hand, the process of change management is crucial and these changes needed to be done in an effective manner. The leaders need to keep the personal touch with the other employees as this will help in understanding their needs and will evaluate the growth of the firm. Implication of the feedback The feedback eventually explains that the leadership is supposed to be the most vital tool in evaluating the desired growth of any of the business. Communication process plays the most significant role in establishing the particular relationship with the employees working within the workplace. The communication process helps in understanding the required needs of the employees and the business process and it finally brings out the positive outcomes for the firm. The competition online and the different changing trends have made it somewhat difficult for the travel industry to maintain the business flow. Like the flight centre, the business critically requires the innovative ideas in order to enhance the overall effectiveness and the performance of the known firm (Leadership Style and Staff Retention in Organisations, 2016). Motivation to the workforce needs to be prearranged as this helps in cheering them and increases the will power of the respective employees which finally brings o ut the desired positive results of the firm. Transformational approach of the leadership helps in motivating the workers towards their roles and duties which finally brings out the positive outcomes for the firm (Lyons and Schneider, 2009). As per Kotter, it is very crucial to understand the requirements of the employees and the business process of the firm. One of the most decisive is the change management procedure which every leader needs to understand as this will help in increasing the effectiveness and the efficiency of the organization. A transformational style of leadership assists the leaders to bring out the optimistic change in their respective workforce and also helps to develop the growth of the firm (Peter. and Bob., 2016). There is decisive need of the change management process and the capability and the leadership superiority of the leaders helps in managing the changes required for the firm. Training, as well as the internal reporting, will help in rectifying the pa rticular issues coming between the executions of the work processes (Shriberg, Shriberg, and Shriberg, 2011). Transactional leadership encourages as well as motivates the employees and helps in bringing out the final positive outcomes for the firm. A perfect leader needs to manage the work-life balance as this will enhance the overall performance of the employees and will create an immense impact on the growth of the firm. Internal reporting is crucial as this helps in managing the different activities and the roles of the different employees associated with the workplace. The effective leader should have the capability to take vital decisions regarding the welfare of the business, firm and the employees. The travel industry is suffering from many of the known issues and the required change in the certain trends has created a great impact on the entire business of the firm. Thus, transactional and transformational leadership plays the vital role in managing the entire firm and bring s out great success for the entire organization. Reference Drucker, P. (1999). Managing Oneself. Harvard Business Review. Bailey, J. (2003). SELF-IMAGE, SELF-CONCEPT,AND SELF-IDENTITY REVISITED. JOURNAL OF THE NATIONAL MEDICAL ASSOCIATION, 95. McCormick, M., Tanguma, J. and Lpez-Forment, A. (2002). Extending Self-Efficacy Theory to Leadership. Journal of Leadership Education, 1(2), pp.34-49. 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