Mangement Essay Example | Topics and Well Written Essays - 750 words

Mangement - Essay Example He maintains that it is more important for a leader to be competent than intelligent. Due to the popularity of his competency movement, multinational companies started formulating complex competency models which laid down the framework regarding desirable behaviour and skills in the organization. People who adhered to these competency models would be rewarded and vice – versa. However, this model left very little room for the development of the leader. A leader was unable to show his motivational skills, leadership styles and even prove his point of view. Traditional competency models focussed on developing individual behaviour and skills and in overcoming individual weaknesses. They believed that this will lead to overall team development. However, they failed to understand that in a team environment individuals benefit from each other’s strengths and it is very important for overall team development and not to focus on individual development. The third and final assum ption of competency model is that jobs are static and individuals benefit by following a set of competency rules laid down by the organization. This thought in itself is flawed. People are hungry for recognition and they are happy to display their skills and qualities. In the modern world, leaders must have the below mentioned competency skills in order to be efficient and successful. 1. Visionary and strategic thinking – Leaders must be able to set long term goals and act as a guide and mentor to the followers by leading and directing them to achieve these goals. he must be able to understand the environmental changes both nationally and globally and guide his followers accordingly. 2. Adaptability and change movement – Leaders must be able to adapt to changes in the organization. An effective leader easily adapts to changes required to attain the goal.He also must be able to blend different leadership styles depending on the situation in order to guide his followers through the change process. 3. Drive for results – Leaders must take the ownership and be personally responsible for success and failures. He must be passionate to achieve goals and must encourage his followers to do the same. 4. Team leadership competency – An efficient leader should act as a guide and mentor and direct the team in order to attain desired objectives. He should be keen to take responsibilities to meet targets and also take active part in the organization’s success. 5. People development – Efficient leaders must promote follower’s growth and provide a platform for them to succeed. This will help to develop future leaders and will eventually lead to the success of the organization as a whole. 6. Risk management – Competent leaders must be innovative and be prepared to take risks and experiment with new methods in order to foster development. They must use new and innovative techniques to solve problems and also adapt to change s. 7. Values and ethics – Good leaders must follow social norms and ethics and set examples for the followers. They must not resort to dishonest means or engage themselves in illegal or unlawful activities. Nowadays, most organizations are giving a lot of importance to ethical behaviours of leaders as recently there has an increase in scams and scandals which translates to the fact that there has been a lot of ethically failed leaders. 8. Service orientation – An effective and competent leader understand the needs of his clients and tries to meet client expectations. He