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Understanding the difference between managers and leaders, key traits, and real-life examples like Jamshedji Tata, Narayan Murthy, and Akio Morita in practicing managerial leadership.
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LEADERSHIP Leadership means a person consciously trying to get other people to do something which he wants them to do. MANAGERIAL LEADERSHIP It is the capability to align people working with him to achieve corporate goals and synergise personal goals with corporate goals.
MANAGER AND LEADER • Managers are there by virtue of their position whereas leaders are there by virtue of their qualities. • Managers get done what would have been done anyway whereas the leader achieve things that could not have been done without them. • Manager work within a framework of rules and regulations to carry out the aims of the organization whereas a leader works in a wider perspective and serves to create new aims.
Different kind of Managerial Leadership(by Tannenbaum and Schmidt) Stages Tells Sells Tests Consults Joins
TEN COMMANDMENTS OF EXCELLENCE IN MANAGERIAL LEADERSHIP • VISION – It is the ability to see the invisible, keeps the large goals in view, is open to ideas and can influence working of the group. • COURAGE – One person with courage is majority. The willingness to take risk, responsibility- to chart into uncharted waters.
3 COMMUNICATION SKILL: Without it you travel alone • Effective speaking and Clear writing • Non verbal messages, Body language etc. • Active listening • 4 TEAM BUILDER: Outstanding team member, keeps the large goals in view, is open to ideas and can influence working of group.
5 DECISION MAKING/PROBLEM SOLVING : Excellent analytical ability, confident and takes appropriate decisions even on complex problems. 6 INTEGRITY : Makes a promise after considering all aspects and once made always fulfills it. He must command respect in his personal behavior and business dealings
7 INNOVATIVE : Very resourceful in developing new and practical ideas for present and future and is interested in changes and developments. 8 EMPOWER :Leaders empower rather than dictate.Leaders mobilize and equip people to join them in the cause.
9 CHANGE AGENT: Excellent in adapting to new ideas and proactive in visualizing changes required to experiment with new ideas. 10 CHARISMATIC: The first impression can steal the deal. Includes a strong personal magnetism and charm.
HOW TO DEVELOP ? • OBSERVATION • EMULATE • TRAINING • INTROSPECTION • READING • ANALYSE • PLANNING • REVIEW
SOME REAL LIFE EXAMPLES OF EXCELLENCE IN MANAGERIAL LEADERSHIP • JAMSHEDJI TATA • NARAYAN MURTHY • AKIO MORITA
JAMSHEDJI TATA He had the VISION to put a modern steel plant in India when it was a backward colony of British and the COURAGE to pursue it by putting his own money.He had the CHARISMA to convince skeptics.The company (Tata steel) he started is considered even today as one of the best managed in world, an example of TEAM BUILDING and EMPOWERMENT .It’s a great example of excellence in managerial leadership.
NARAYAN MURTHY Everyone has heard of Infosys and Mr. Murthy He had the COURAGE,VISION to start a small company Infosys. It is now a leader not only in India but globally in setting an example of wealth creation,wealth sharing, EMPOWERMENT of employees, setting new ethical standards.In his personal life also he has displayed remarkable simplicity and INTEGRITY.
AKIO MORITA In 1946 Masaru Ibuka and he started a small company which was later renamed SONY in war ravaged Japan.He had the COURAGE to leave lucrative family business and go far a startup.He had the VISION to make it a global company right from selection of name.He had the CHARISMA and ENERGY to make SONY as a globally recognized company producing highest quality of electronic good. He is known for INNOVATION(such as walkman ).He acted as a one of the CHANGE AGENT for Japanese psychology from a defeated nation to a world superpower
CONCLUSION The excellence in managerial leadership can be achieved by any manager by inculcating and practicing the ten essential traits and sharpening them.