MANAGEMENT

Management

[Name of Instructor]

[Course name and number]

[Date submitted]

Table of Contents

Introduction1

Thesis statement1

Primary leadership theories (for profit and nonprofit organizations)1

Trait Theory2

Behavior Theory2

Contingency Theory2

Transformational Leadership3

Applications of various leadership theories in business settings4

Strengths and weaknesses of contemporary leadership models4

Participative Leadership4

Autocratic Leadership5

Delegative Leadership5

Situational Leadership5

Effect of power and influence on leadership5

Significance of leadership in initiating and managing change6

Example6

Corporate culture, personal values, globalization and outcomes performance and leadership7

Corporate culture7

Personal values7

Globalization7

Outcomes performance8

Ethics and leadership8

Gender issues related to leadership8

Unseen Gender Inequities8

Male Dominance8

Stereotypes9

Sexism, Bias, and Discrimination9

Confidence, Aspirations, and Risk-Taking9

Family obligations9

Conclusion10

References12

Management

Introduction

The paper covers the learning outcomes that can be applied to achieve both personal as well as professional goals and their importance. Furthermore, personal experience, realistic examples, different theories and their importance will be discussed.

Thesis statement

“To explore the affect of contemporary leadership models and the application of the current leadership theories on different types of organizations”

Primary leadership theories (for profit and nonprofit organizations)

It is essential to implement leadership theories at work in order to handle employees. Leadership in the workplace has been studied since the early 1920's resulting in evolution of numerous effective leadership theories. A leader influences others to act for the sole purpose of achieving the organizational goals. Primary leadership theories include the Trait Theory, the Behavior Theory and the Contingency Theory. Current leadership theories being researched are “Transformational and Servant Leadership”.

Since the leader has the ability to influence the organizational goals, he influences employees too. However, the primary leadership theories which are implemented in for profit and the nonprofit organization differ. This is because the way the management runs also differs. Some of the kinds of basic leadership theories are mentioned below.

Trait Theory

Leaders who follow this theory have been said to have universal qualities. However, the study of the physical and the psychological characteristics as well as the temperament of the leaders concluded that there are no such qualities that are universal. However, the nonprofit companies follow this theory (Rowe, 2007). Theorists tried to segregate universal qualities in influential leaders. It was then concluded that any universal characteristics of influential leaders did not exist.

Behavior Theory

The behavior of the leader towards employees greatly influences the productivity of employees. Therefore, the leader must be careful and considerate towards employees. This theory is followed in the for profit organizations where the leader has to organize tasks and distribute them to the subordinates. Furthermore, researchers revealed that a leader's behaviors were more important than their physical or psychological characteristics. Two types of behavior correlate with prominent leaders. According to the theory, these are the ability to organize a task and the ability to express consideration for subordinates.

Contingency Theory

Organizations go through changes and situations which are not feasible for the company. However, the leader must be ready with contingency plans to ensure that the organization is run well even in times of crisis. Therefore, the need of contingency plans has given birth to the contingency theory. Good leaders are always able to handle the situation properly, and this theory is being used by profit and the nonprofit companies ...