Law and Management Essay Example | Topics and Well Written Essays - 2500 words

Law and Management - Essay Example Leaders aspiring to be visionary should be able to mentor their successors at all levels and look beyond the horizon. To maintain the quality of leadership and lead people effectively, one needs to maintain the time and adopt the change required by the market. To be ahead in the competition, he should be the market leader in product development and technology. The leader should be a continuous learner, who always observes the global economic trends very closely, improves his listening skills and maintains a good relationship with his employees, while showing the empathy that will lead to better organizational culture. This will help to attract, nurture and retain the best talent in the organization. An effective leader should ask himself some retrospective questions like whether he is inspiring his own employees in the right direction or not Whether he is able to communicate effectively his vision, mission and strategic goals of the business, across the organization or not How courageous he is to implement his strategies, even during difficult times How frequently he takes the feedback whether he is in the wrong direction or right How best is he able to take timely decisions And, at the same time, whether he directs his employees towards right path or not An effective leader should maintain the simplicity and should be careful enough in matters of costs for the company and if the company is global he should not think in terms of dollars but should see each pie in terms of that country's currency. This will help him become aware of the local problems and culture that, in turn, will be helpful in solving such issues by adopting a suitable strategy related to that unit. An effecti ve leader lays emphasis on leadership principles, especially on the awesome responsibility of taking care of a good number of people's life and livelihood. According to James C Hunter, the author of "The Servant Leadership", the true foundation of leadership is not power, but authority, which is built upon relationships, love, service and sacrifice. Traditional Leadership Styles Comprehending the types of leadership styles is an essential first step in leadership development, which will help one to decide the leadership style that would work best for oneself and the organization Basically there are three classic leadership styles Laissez Faire, Autocratic, and Participative. 1. The Laissez-faire Style This style works well if one has highly skilled and highly motivated people and where direct reporting is done. The laissez-faire style employs low control; it depends more upon the leader's perception of how much freedom one should give to the people. 2. The Autocratic Style An autocratic leader is one who demands instant conformity to his words. These are the characteristics of autocratic leadership: Directs others what to do; restricts ideas or novel ways of doing things; generates fear of power, nepotism and humiliation; the team does not experience the teamwork sensation; shows immediate discontent at the petite blunder in accomplishing the business goals. This style is the least effective, because of hierarchical decision-making. It slaughters the creativity of employees. The autocratic style is found to be very effective when time is scarce, team members are unknown, persons/team lack expertise and know-how, and also in turning around a company, or in a formidable hostile takeover. 3. The Participative Style This style

Philosophy (Theory of knowledge) Essay Example | Topics and Well Written Essays - 1250 words - 1

Philosophy (Theory of knowledge) - Essay Example First, reason is an objective and powerful decision tool for any body in any areas of life. As written by several authors, I believe that reason is a way of knowing what is right and wrong; what is true and not true; what is valid and not valid; and what is good and bad. As such, anybody could be guided in what to do by reasoning. For example, the decision to help others in need might be both good and bad. Taking for instance the giving of help to a sick person who is hungry. Giving the food asked is good because it will fill his hunger but this could be bad if the kind of food, the time of giving, and the way the food is to be taken are not in accordance with the doctor’s prescription. The reason(s) to help will assist the person in appropriately deciding whether to give or not the food, and if the person should give, what kind of food; when should the food be given; and in what manner should the food be taken. Likewise, in rearing a child, the decision whether to punish or n ot is based on the parents’ motives and manners of discipline which consist of reasons. Further, the decision of going to school and performing best is arrived if a person desires to prepare for the future. Hence, one can manage a better life by advantageously using reason as a guide in decision making. Second, reason is a clear or open inference to support claims and this is so because it is based on facts. Koukl says â€Å"we draw inferences based on cause and effect, or we draw conclusions by employing the laws of rationality.†1 Along this notion, Koukl cited the example that â€Å"square circles can not exist† to emphasize the law of non-contradiction. Consequently, genuine fact is tantamount to certainty which leads to a conclusion that can not be contradicted. For example, in claiming for