Change is the only unchanging features in this changing world. Everything surrounding us changes with the passage of time to be in line with modernization. The ongoing business environment is no exception when it comes to this trend. Modern business is on a triumphant march through tracking changes via hard work from the most efficient business leaders.
Effective leaders adopt strategies and techniques to try to win or take the lead in the competitive market, which is ultimately a game of "survival of the fittest." In both good and bad times, there is always a need for quality leadership. The success of a business or an industry is mostly dependent on the leaders it gets or inherits. The successful implementation of desired leadership techniques is crucial for meeting the changing demands in business. The mystique of leadership in and of itself makes it one of the most widely debated, studied and sought-after commodities in business.
The Meaning of Leadership
Leadership is the social process of influencing the behaviors of others without posing any threats of violence. It is a process of influencing the thoughts, attitudes and behaviors of others by setting a direction that helps visualize what they can hope to achieve or what lies ahead for them. It's the capability of getting other people to do something significant through harnessing their efforts jointly.
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