Essay on Business Leadership

Leadership

The dynamic business world is impossible without proper and perspective leadership. There are few aspects that play a major role in determining the success of an organization such as technological advantage, perspective management, product branding, human resources and teamwork. Among all these factors teamwork plays pivotal role for a success and prosperity of any organization. The most important skill a leader must possess would be being able to set direction and vision for the organizational leadership role. In my view, better performance of any task for teamwork is associated with leader who is responsible for providing proper directions to his or her followers, has the ability to take charge and use his or her position power in order to coordinate and direct the work of his subordinates, design effective organizational processes, control activities, and meet organizational objectives.

In one of my jobs where I worked as an accountant, our leader did not allocate properly the performing tasks. As a result, the accounting team leader assigned tasks to one of my coworkers to perform, even though he knew that the employee does not meet the necessary qualifications and knowledge to implement them. Even though, our team leader knew the experience and knowledge of all of his followers, he did not judge properly the ability of one of my coworkers and in that manner allowed him to report the accounting data with an error in Account Receivable Department. The accounting leader failed to take into account that the person he assigned for that job never worked in that position before and he needed at least somebody to explain to him how to record entries in that section. As a result, because of the misunderstanding where to record of the accounting entry, the accountant did a mistake, which later reflected the journal, the general ledger and the Balance Sheet. Moreover leader said to his subordinates that exactly that person should perform that kind of work. In that moment some of his subordinates attempted to explain him that that person who leader assign to perform that task is not qualified for it and that he was not clear what exactly and how to do his tasks. Even though, the leader had clear task structure because he knew exactly how to organize his tasks and followed his plan in every step he should do and did not mention for the subordinate's error to his manager, which in turn lead to delays for that year's ending Balance Sheet, Income Statement and Retained Earnings. Recording accounting transactions on time and following the whole accounting process is in paramount importance for the success in every accounting department because at the end of the year the investors need the Balance Sheet and Income Statement in order to decide how much funds to invest in the future.

However, in the situation above, the leader of the team is the person who is responsible of all the tasks with Accounting Receivable Department. A theory of leadership suggests that a particular disposition maybe effective in one situation, but not in another. That theory is known as Fielder's contingency theory of leadership. For example, in that case, the leader kept spreadsheets to follow and organize the accounting records in the properly manner, but he lacked the leader - member relation and did not listen to one of his subordinates in order to recognize the error. Moreover, the Leader said to his subordinates that he knows exactly what to implement and achieve his goals. One of my coworker attempts to explain to our leader that the person he assign to implement the recording of transactions to General Ledger never did that before and that he will need some training for that. But the leader just follow his own style without listen any of his subordinates. According to situation presented the Leader's behavior is task -oriented with low relationship. He plans his short term goals and objectives. Also, the leader monitors his subordinates' operations and performance. Leader member relations are important part for the success of any team. Also he did not pay attention of the special spreadsheet where the data is recorded with a wrong sum, even though he is been told from his subordinate that in the trial balance it is not match debits with credits. One of the main characteristics for every leader should be structure his or her tasks and relationship skills as a good communication, listening and teamwork. In the situation presented the Leader does not speak with the person