LEADERSHIP LEADERSHIP MERLIN J JOSEPH Abstract Leadership is a key managerial function that guides, influences, and motivates employees toward achieving organizational goals. In a dynamic business environment, leadership plays a vital role in shaping work culture, encouraging innovation, and ensuring efficient performance. This article explains the meaning of leadership, its objectives, importance, and various styles. It also discusses the qualities of an effective leader and the modern relevance of leadership in organizations. By analyzing these components, the study highlights how strong leadership enhances productivity, builds teamwork, and ensures long-term organizational success. Key Terms Leadership, Motivation, Influence, Communication, Vision, Leadership Styles, Democratic Leadership, Autocratic Leadership, Laissez-faire Leadership, Organizational Behaviour, Teamwork, Employee Engagement. INTRODUCTION Leadership is one of the most essential fu...
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Accounting principles Accounting principles are the rules and guidelines that companies and other bodies must follow when reporting financial data. These rules make it easier to examine financial data by standardizing the terms and methods that accountants must use. Five Accounting Principles Revenue Recognition Principle. Cost Principle. Matching Principle. Objectivity Principle. Full Disclosure Principle.