Leadership in an Organization Essay Example | Topics and Well Written Essays - 2000 words

Leadership in an Organization - Essay Example The leadership style involves the cooperation of both the leader and their followers in making some decisions. Many leaders apply democratic leadership which is closely related to participative leadership in so far as leadership engagement and decision making are involved. There are several advantages associated with participative leadership, of which the key ones include the possibility of achieving fast growth through innovation and creativity, high motivation among followers, and ownership of the decision and work, which, in turn, leads to greater cooperation and higher chances of success The paper will discuss the participative leadership style focusing on its application, advantages and disadvantages. The paper will further discuss the effects that good and bad leaders have on their subordinates before giving recommendations. Participative Leadership Participative leadership involves working together with team members in decision making. This, however, does not mean that the lea der involves the team members in making all key decisions. Participative leadership is essential especially when creativity and complex problem solving are part of the mix. Participative leadership is founded on engagement and respect as noted by French, Israel, and As (1960). The assumption made by participative leaders is that when people are involved in decision making, they get to understand the issues involved with respect to those who have to make the decisions. Yet again, the leadership style is founded on the assumption that people are more collaborative and less competitive when they work together to achieve joint objectives. Furthermore, when individuals work together in making decisions, they have greater social commitment to one another, which essentially raises their commitments to the decisions that are made. The participative leadership style constructively focuses on exploiting the energy that resides in every human to human encounter (Martindale, 2011). The leadersh ip style may be thought of as an advanced form of democratic leadership and is associated with high effectiveness considering that it builds community, embraces diversity, and establishes shared responsibility. Yet again, the leadership style heightens personal and collective learning which often results in effective growth and development. Participatory leaders use interactions within the organization to create meaning, purpose and growth even as they transform the organization. As opposed to autocratic leadership, participative leadership involves all people in the decision making process including peers, superiors, subordinates and other stakeholders (Martindale, 2011). Given that leaders work in various environments with various demands, they engage in participative leadership at varying levels. While some leaders may be highly participative, others may be moderately or even less participative. Some of the advantages of participative leadership are as follows. Participative lead ership is essential in the motivation of employees (Stogdill, 1948). The motivation that comes with participative leadership is seen in respect of the fact that when employees are genuinely asked for advice by their superiors, they feel valued. Furthermore, when employees are involved in decision making, they feel honored and actually embrace the work that they do to a greater extent as they feel being part of it according to

Factors that may impact the demand for products by customers Essay

Factors that may impact the demand for products by customers - Essay Example Services and products that a business gives to the market may have an impact on the customers’ demand for the Services or products. For instance, a business may be selling hot dogs; in contrast, a corresponding business may be selling hot dog rolls. If the cost of the hot dog rolls augments, it may make the demand for hot dogs to diminish. Consequently, the demand curve moves to the left, and value for hot dogs would be forced to augment.Customers may choose alternate services and products in place of what a person’s business provides. These alternative products and services function as opposition to a person’s business. For example, if a business sells coffee, the alternative for the product may be tea. If the cost of tea augments, a business may observe an increase in the number of customers who want to buy coffee. Consequently, the demand curve will move to the right, and costs for the business’ coffee may decrease. As indicated above, a substitute refe rs to a commodity that may be utilized in position of another commodity. To simplify the above example, if the cost of coffee increases then the consequence will be an increased demand for tea, and if the cost of tea increases then the result will be an increase in the demand of coffee. In contrast, compliments refer to commodities that may be utilized together, for example, sugar and tea. In case there is an increase in the cost of tea, the demand for tea diminishes, and consequently, the demand of sugar also decreases.... In case there is an increase in the cost of tea, the demand for tea diminishes, and consequently, the demand of sugar also decreases. Customer Preference Customers’ preference and tastes may vary depending on the details they get from family and friends, form of advertisements they come across, or the season. Varying preferences and tastes may have a tremendous impact on demand for various commodities. The degree at which a client needs a product may have an impact on the demand of the product. In addition, persuasive advertisements are developed to cause a variation in preference and tastes and thereby causes and increase in demand of a commodity. The more a customer prefers a commodity, the larger their demand for the commodity. In contrast, if the customer does not have a preference for a specified commodity, the customer will decrease the demand for the commodity (Sullivan & Sheffrin 2003, p. 79). For instance, a person suffering from diabetes will have minimal or no deman d for commodities that contain sugar. Income of Customers The incomes and salaries of buyers highlight the commodities that they are able to buy. When the incomes and salaries of customers augment the customer’s demand for services and products also increases. If a customer takes another position that has a low salary or becomes unemployed the customer’s demand for commodities lessens. In contrast, when the salary and income of a customer increases, the customer’s capacity to buy goods and services escalates (Sullivan & Sheffrin 2003, p. 79). This causes an increase in demand. Competition Rivals are always attempting to occupy the larger part of the market, maybe by developing better or new