7.3.1 Leadership

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BUSINESS 9609 : A-LEVEL : FULL COURSE

Good morning, class. Today we are going to talk about leadership in business. Leadership is one of the most important roles in any organisation. It means guiding, influencing, and inspiring others to achieve company goals. Strong leadership helps everyone work together, stay motivated, and keep the business innovative.

The main purpose of leadership is to provide direction. Leaders set a clear vision and make sure employees understand the long-term goals of the business.

Leadership also motivates and inspires employees. A good leader encourages staff to do their best and stay engaged with their work.

Leaders play a key role in decision-making. They ensure that important choices are made on time and in the right way, especially during uncertainty or change.

Another purpose of leadership is supporting change and innovation. Leaders create a culture that welcomes new ideas and encourages continuous improvement.

Finally, leaders coordinate teams. They make sure departments and individuals collaborate effectively. For example, during a financial downturn, a strong leader might restructure the business while reassuring employees.

Leadership exists at different levels. Directors are at the top. They set the company’s overall strategy and policies. Executive directors manage daily operations, while non-executive directors provide oversight. A finance director, for example, ensures budgets meet the company’s goals.

Next, we have managers. They implement strategies and coordinate teams. A sales manager, for example, ensures the team meets sales targets and provides coaching when needed.

Supervisors oversee frontline employees. They monitor operational tasks and give immediate feedback. For instance, a production supervisor ensures machinery works properly and safety standards are followed.

Worker representatives represent employee interests. They raise concerns to management, often about shifts or pay changes.

Now let’s look at qualities of a good leader. Visionary thinking is important, meaning the ability to see the bigger picture. Strong communication skills help leaders convey messages clearly and motivate the team.

Integrity is crucial. Acting ethically builds trust with employees and stakeholders. Leaders also need to be decisive, making firm and logical decisions, and empathetic, understanding the feelings of others.

Resilience is important too. Leaders must stay calm under pressure. Adaptability helps leaders respond effectively to change. For example, Indra Nooyi, former CEO of PepsiCo, combined strategic vision with empathy to guide her company globally.

In conclusion, leadership is not just about senior executives. It exists at all levels of a business. From setting direction to motivating staff on the shop floor, leadership keeps an organisation running efficiently and competitively.

By the end of this lesson, you should be able to explain what leadership is, describe its main purposes, identify different leadership roles, and recognise the qualities of an effective leader.

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