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Leadership and Change Management
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Title : Leadership and Change Management
Textbook |
Leadership is often considered a
mysterious quality, often linked with charisma and other exotic personality
traits. It is considered more inspiring than management. However, such
assumptions have no place in a study of leadership and management of
businesses. Leadership and management are essential, distinctive, and
complementary systems of action.
If they fail to complement one another in
practice, the result is chaos or stagnation.
A majority of today’s corporations are over-managed and under-led. They are
lacking in leadership. Well-led organizations do not wait for leaders to
emerge on their own, but actively seek out people with leadership potential
and groom them into leaders, while exposing them deliberately to varied work
experiences.
The leadership process can be institutionalized with careful
selection, nurturing, and encouragement. Leaders have to be groomed, and
leadership has to be institutionalized. Organizations grow by expanding into new competitive
spaces, attaining a complex mix of financial, material and knowledge assets,
expanding market scope, and replicating and standardizing their wins in similar
market spaces.
Competitive spaces undergo change, new technologies emerge, and
customers change. However, companies sometimes fail to change and make the most
of new opportunities. Instead, they choose the more convenient and less risky
option of trying to get the best out of the old opportunities.
Any newly espoused strategy, however explicit and sensible, inevitably comes up
against an implicitly enacted strategy supported by all the aged, compounded
steering mechanisms that the company already has in place. This is largely
because people fear uncertainty. They fear that if they embrace change, their
current status maybe adversely affected. Defensive mechanisms stop an
organization from adapting to change. Overcoming this resistance to change is
one of the greatest challenges facing leaders today.
Leadership and Change Management book deals with the theories of leadership, and the skills needed to be an
effective leader and change agent.
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