Business Management Assignment: Effective Leadership

Question

Criteria

1. A brief statement of the problem, research aim and objectives
2. A brief methodology
3. Sources of secondary data, data presentation and analysis methods
4. Accurate referencing, use of correct English and logical sequences between sentences and paragraphs

Answer

Introduction
The business management assignment will focus on the concept of effective leadership under the process of Human Resource Management. The skills of leadership are essential for influencing people within an organization. A leader is a man who motivates people towards success and efficiency. Leadership is considered as important for success and some of the researchers have argued that it is the most important factor for the development and growth. Leadership is becoming a common phenomenon in daily lives of people. The application and importance of leadership is not only limited to particular area of business but this is useful in each sector and society (Voegtlin, Patzer & Scherer, 2012). Basically, leadership is the process of influencing and motivating people towards achieving the goals. In early stage of 20th century, researchers started to study leadership. At the time of the study, leadership theories focused on the leaders and their work pattern with their team. Leadership is the process by which people are able to motivate others for achieving goals and objectives. Leaders have various key attributes in the leadership i.e. value, ethics, character, skills and knowledge. These attributes are helpful in influencing people with empathy and social skills so that positive changes can be implemented in the organization (Van Wart, 2014). Main objective of this study is to explore those factors that impact on the leadership practices and implementation of leadership models within the organizations. Leaders are able to motivate and guide people so that they can become more effective in achieving their goals and objectives (Almog-Bareket, 2012). This business management assignment focuses on the identification of various factors that impact on the leadership practices within the organization. The business management assignment will reflect the element of effective leadership in the organizational context.

Problem Statement
Implementing effective Leadership is not an easy task in the current business environment. There are various factors affecting the process of leadership and impact on the actions taken to achieve the desired objectives. There is no any fixed formula in the concept of leadership as this can be understood by the experience of managers or leaders. These experiences are helpful for the societies for identifying the skills and characteristics of idolized leaders by which the principle of leadership came into continuation. Identifying and analyzing the factors affecting leadership practices is crucial for the success of any leader within the organization. Based on various researches, it is observed that people seek for leaders having the skills of forward looking, competent, honest, and inspiring for others (Wuestman & Casey, 2015).

People on high level management need to have the potential to improve the productivity of the work. This business management assignment will identify the factors that can impact on the activities of leadership. There are some variables like inspiration and motivation are required for the successful execution of leadership practices. But leadership also faces various issues while implementing the practices in the work. This business management assignment will be conducted to analyze various factors affecting leadership practices.

Aims and objectives
Aim- Key aim of this business management assignment is to explore various factors that have impact on the effective leadership practices. For this manner, profitable information related to the various leadership practices would be collected for the powerful administration and authority.

Objectives- The research objectives for this business management assignment are as follows:

• To understand the concept of effective leadership practices,
• To analyze the difference between managers and leaders,
• To analyze the characteristics of an effective leader,
• To examine the factors affecting effective leadership practices, and
• To understand the ways by which leaders motivate others for achieving objectives

Justification of research
This business management assignment dy focuses on the most crucial part of the business management i.e. factors affecting leadership practices under human resource management. Leadership is now a very significant concept in the current business management. So, by analyzing the factors affecting practices and effectiveness of leadership, this study will try to help various organizations to use the best resources for the business practices. The business management assignment would be helpful in identifying the effective leadership styles for which can be used in the business management so that competitive advantage can be achieved over the rivals. In addition to this, knowing the factors that impact leadership effectiveness would also assist other interested party on leadership effectives (McKenzie & Aitken, 2012). The study would be helpful in selecting effective business leadership styles for leaders. At the same time, this study would provide in depth knowledge in the area of leadership. This knowledge will also be transferred to the participants in value adding manner. This business management assignment will be considered as input for subsequent study in the area.

Potential output of research
This business management assignment is all about identifying the factors that impact leadership effectiveness within the organizations. Main objective of this study is to explore those factors that impact on the leadership practices and implementation of leadership models within the organizations. The study will find out major factors affecting leadership efficiencies and practices. The study will explore various factors that have impact on the effective leadership practices. For this manner, profitable information related to the various leadership practices would be collected for the powerful administration and authority. Further, the study would provide significant results about leadership practices which are needed to be adopted in the business management. The business management assignment would be helpful in identifying the effective leadership styles for which can be used in the business management so that competitive advantage can be achieved over the rivals.

Conceptual framework
Leadership is becoming a common phenomenon in daily lives of people. The application and importance of leadership is not only limited to particular area of business but this is useful in each sector and society. Basically, leadership is the process of influencing and motivating people towards achieving the goals. Various researchers have done deep analysis of the context of leadership. Most of the researchers have addressed various contextual factors affecting the leadership practices. Based on this, main objective of this business management assignment is to explore those factors that impact on the leadership practices and implementation of leadership models within the organizations. Leaders are able to motivate and guide people so that they can become more effective in achieving their goals and objectives (Roe, 2014). There are various factors that affect leadership practices including demographics organizational environment, economic and political factors, resources, technology and culture etc. Identifying and analyzing the factors affecting leadership practices is crucial for the success of any leader within the organization. Based on various researches, it is observed that people seek for leaders having the skills of forward looking, competent, honest, and inspiring for others. This is because a leader having these qualities can have strong impact on his or her followers. Effective leadership plays significant role in bringing significant changes in the business operations if they are required (Gill, 2011).

Some of the factors that impact leadership are as follows:
Technology- This is important to fulfill the business needs that enable individuals or group to communicate with each other by sharing their interests. Technology plays a fundamental role in the corporate learning. Technology impact leadership in various ways as technology provides the opportunities to leadership to make people learn from various online courses. In addition to this, various studies have suggested that technologies can be different in various places due to variations in technology infrastructure. Technology has significant impact on leadership network of learning.

Organizational size- Size of the organization has significant impact on the human resource practices. Sizes of the organization i.e. small, medium and large organization are significant variable of leadership development. Leadership can be basically affected by the organizational size as number of people in the organization shapes the roles and responsibilities of a leader (Northouse, 2013). There is strong relationship between organizational size and number of people who are involved in organizational planning and leadership practices. In addition to this, small size organizations depend upon informal leadership activities as these types of organizations prefer training and development for the survival of business.

Organizational culture- The culture of an organization includes beliefs, values, assumptions and practices. The organizational culture is helpful in developing leadership skills and supports learning and development. Leadership practices with organizational culture develop a clear vision between organization and individuals and create the accountability for the success of organizational change. Organizational culture is the result of HRM practices which develop some types of leadership behavior within the organization. So, it can be noted that organizational culture is a critical factor that affect leadership practices (Suwaryo, Daryanto & Maulana, 2016).

Work environment- Each and every organization has own work environment having its values. These values impact on the leadership practices as leaders decide their leadership styles based on the values. These values are care of organizations for customers, investors, employees and society in which the organization is operating. Leadership defines how the goals and objectives will be achieved (Ionescu, 2014).

Economic and political factors- Leaders are required to educate themselves on customers, competitors and suppliers to analyze the political and economic factors. The economic and political factors impact on the leadership practices to achieve their goals and objectives.

So, Leaders have various key attributes in the leadership i.e. value, ethics, character, skills and knowledge. These attributes are helpful in influencing people with empathy and social skills so that positive changes can be implemented in the organization. There are various factors that impact on the leadership practices within the organizations (Puccio, Mance, & Murdock, 2011). Various researchers have presented different framework for addressing the leadership in the cross cultural setting. Researchers have highlighted that along with above mentioned factors; there are gender, age and working experience that are the most relevant factors affecting leadership practices in the organizations. This research would be helpful in better understanding of the critical factors that impact on leadership practices in multiple organizations (Hunter & Cushenbery, 2011).

Hypothesis development
Leadership is the process of influencing and motivating people towards achieving the goals. For the effective study of leadership practices, some of the hypotheses will be developed. The analysis of data is carried out by the testing of various hypotheses.

Methodology
Research approach and source of data:In order to conduct the research effectively, it is very crucial to identify the organizations having leadership styles. In order to achieve the research objective, primary and secondary data will be used. Primary data will be gathered by the structured questionnaire. In the business management assignment, convenience sampling method will be used and information will be collected from 50 leaders of commercial banks by questionnaire. Further, on the basis of literature review, a well structured and framed questionnaire will be developed. The questionnaire will have 30 questions which would be divided in to two parts. First part will include demographic details of the participants and second part will include the questions related leadership behavior and factors affecting their leadership performance within the organization. Further, the secondary data will be gathered from research articles, newspapers, reports, and periodicals (Flick, 2015).

Data collection and analysis technique: The qualitative approach will be used to conduct this study. The numeric data would be converted in the statistical representations by the quantitative approach of the study. In addition to this, probability and non-probability sampling method will also be used to analyze and examine the responses of participants who are involved in the study. The rational of the selection of respondents, distribution of questionnaire and collection of valuable information will be documented properly (Zikmund, 2010). This would be descriptive study which identify and observe various factors that have significant impact on the leadership practices within the organizations. In the study, convenience sampling method will be used and information will be collected from 50 leaders of commercial banks by questionnaire.

In order achieve the research objectives i.e. factors affecting leadership practices within the organizations, the descriptive statistics will be used. This method will be helpful for analyzing and interpreting the collected data. Accordingly, excel will also be used to analyze the data in table, charts, graphs and percentage related to research topic. The key advantage of this method is that the method enables analyzing and using all the data collected from primary, secondary and literature review.

Organization of the study: This paper will include five chapters. The structure of this particular research is as follows:

• First chapter will be introduction, in which the basic concept of leadership and purpose of the research will be given,
• Second chapter will be literature review, in which the studies done by various researchers will be analyzed,
• Third chapter will focus on research design and methodology. This chapter will include method of data collection, survey methods and techniques of data analysis will be discussed,
• In chapter four, there will be result and discussion of overall study, and
• In chapter five, there will be summary, conclusion and recommendations for further studies.

Budget: This project would be completed within 10 weeks. So, this would require $6000 for conducting proper research. The justification for proposed research is as follows:

• Data collection, data entry and printing would require $2000,
• Purchasing data from secondary sources would require $1000,
• Taking access of various literatures like textbook, journal articles and online resources would require $2000 as they are not free of cost, and
• Structuring and data analysis would require $1000

Project activities

Conclusion
Based on the above analysis in the business management assignment, it is analyzed that Leadership is considered as important for success and some of the researchers have argued that it is the most important factor for the development and growth. Leadership is becoming a common phenomenon in daily lives of people. The application and importance of leadership is not only limited to particular area of business but this is useful in each sector and society. Basically, leadership is the process of influencing and motivating people towards achieving the goals. The business management assignment would be helpful in identifying the effective leadership styles for which can be used in the business management so that competitive advantage can be achieved over the rivals. The study would be helpful in selecting effective business leadership styles for leaders. At the same time, this study would provide in depth knowledge in the area of leadership. There are various factors that affect leadership practices including demographics organizational environment, economic and political factors, resources, technology and culture etc. Identifying and analyzing the factors affecting leadership practices is crucial for the success of any leader within the organization. So, probability and non-probability sampling method will also be used to analyze and examine the responses of participants who are involved in the business management assignment. Business management assignments are being prepared by our management assignment help experts from top universities which let us to provide you a reliable university assignment help online service.

References
Almog-Bareket, G. (2012). Visionary leadership in business schools: an institutional framework. Journal of management development, 31(4), 431-440.

Flick, U. (2015). Introducing research methodology: A beginner's guide to doing a research project. Sage.

Gill, R. (2011). Theory and Practice of Leadership, London: Sage.

Hunter, S. T., & Cushenbery, L. (2011). Leading for innovation: Direct and indirect influences. Advances in Developing Human Resources, 13, 248-265.

Ionescu, V. (2014). Leadership, culture and organizational change: Manager, (20), 65-71.

McKenzie, J. & Aitken, P. (2012). Learning to lead the knowledgeable organization: Developing leadership agility. Strategic HR Review, 11(6), pp. 329-334.

Northouse, P., G. (2013). Leadership:Theory and Practices, (7th), USA: Sage Publication.

Puccio, G. J., Mance, M., & Murdock, M. C. (2011). Creative leadership: Skills that drive change, Thousand Oaks: SAGE.

Roe, K., (2014). Leadership Practice and Perspectives, London: Oxford.

Suwaryo, J., Daryanto, H. K. K., & Maulana, A. (2016). Organizational culture change and itseffect on change readiness through organizational commitment. Bisnis & amp; Birokrasi Journal, 22(1). 124–126.

Van Wart, M. (2014). Dynamics of leadership in public service: Theory and practice, Routledge.

Voegtlin, C., Patzer, M., & Scherer, A. G. (2012). Responsible leadership in global business: A new approach to leadership and its multi-level outcomes. Journal of Business Ethics, 105(1). 1-1.

Wuestman, D., C.M.A., & Casey, J. (2015). Lean leadership: Sustaining long-term process change. Strategic Finance, 96(8), 15-16, 61.

Zikmund, W. G. (2010). Business research methods, (7th), Mason, Ohio: South-Western/Cengage Learning.