MANAGEMENT

Compare and Contrast two leaders

Compare and Contrast two leaders

Introduction

Leadership, it is the breath that animates all legal systems and all achievements of a business organization. Fortunately, and contrary to popular belief, leadership is not a mysterious act of grace. Good leadership is something that is observed and, to a large extent, be learned. Expert discussions on the difference between leadership and management have led to a consensus on the real difference but which was not a matter of opinion between the best and the worse. Leadership is about change and growth. Great leaders supervise and apply means of control to ensure continuity and ensure efficient cohesion, monitoring and accountability of the organization. They know what it takes to get the job done. Leaders think, create and motivate others to realize the dreams and achieve missions, strategic objectives and goals for the success of the organization (Bass, & Avolio, 1994, pp.91-92).

Every business has an obvious need for managers and leaders. If leadership is accompanied by the exercise of authority, in the best case, it takes the form an influence relationship between leaders and their followers who carries many more continued common goals and collective results as a hierarchical structure and relationships superior subordinate. Obviously, there are many who can and should become leaders. Leadership is defined by specific situations, contributing to the achievement of the whole business, and relationships too (Adair, 1973, pp.12-23). Leadership that creates an environment conducive to the improvement has a moral and inspiring. Among the many authors who have studied this issue, one of the most famous authors is James MacGregor Burns who correctly observed the traits of a successful leader. In today's world businesses need leaders who are also able to create, protect and perpetuate procedures and to take risks, to challenge the status quo and stimulate growth and change (Bass, 1985, pp.45-47).

Discussion

Sam Walton

Sam Walton grew up in poverty during the times of great depression, but it has grown to establish a major retail chain store Wal-Mart (Walton, & Huey, 1992, pp.23-45). In 1962, he matured the idea of ??opening large stores, sticking to the standard of rural stores, cutting costs, and making discounts. Managers do not agree with his vision of the business. Undaunted, Walton continued to go his own way and founded Wal-Mart and started a new success story (Bass, & Avolio, 1994, pp.91-92). When Walton died in 1992, the net value of his business came close to $ 25 billion, at the moment, the combined wealth of the heirs of more than $ 100 billion. Today, Wal-Mart is the largest retailer in the world, with more than eight thousand stores in 15 countries worldwide, including discount stores, grocery stores, and shops, warehouses. Let us look at the formula for success in the business of Walton (Walton, & Huey, 1992, pp.9-12).

Rule number 1

Divide the profits with your employees, and treat them as partners. They also treated as a partner, and together they will perform well above ...