The role of leadership in business success

The role of leadership in achieving business success is indisputable. Great leaders who create great companies are “made,” not “born.” You know why? True leadership is learned; It’s Not Automatic To answer the question of whether leaders are made or born, the great theorist, Mr. Bass, postulated Bass’s Theory of Leadership of All Time (1989 and 1990). He said that there are three leadership theories.

First, the Trait Theory, which says that some personality traits can naturally lead people to assume leadership roles. Second, the big event theory, which believes that a crisis or major event can cause a person to rise to the occasion. And third, the Transformation Theory, which says that people can choose to become leaders and learn leadership skills. This third theory is the basis of this article.

In other words, you have no excuse for saying that you are waiting to locate your leadership traits before you can become a leader or wait for a crisis situation to arise before assuming the role of leader as the Big Event Theory asserts; rather, you choose to become a leader by learning leadership skills as stipulated in the Theory of Transformation.

You see, we are all born with leadership potential wrapped up in us. But it is our responsibility to develop it, nurture it and make it come to life. It won’t go out alone. It requires your attention to develop it and it is about you choosing to become a leader.

A philosopher once said that there are five domains of leadership: self-leadership, leading another person, leading a group, leading an organization or business, and finally, leading a nation. If he critically looks at the five domains described above, he can vividly see the progressions one goes through to become a leader. You can’t lead others by talking less than leading an organization if you can’t lead yourself.

Everything your business is today and everything it will be tomorrow will be the result of your leadership status in directing the course of the business. As Warren Bennis, a leadership expert, said, “A company with little capital can borrow money and one with a bad location can move; but a company that lacks leadership has little chance of survival.”

What is leadership? What does it mean to be a leader? And how do leaders and leadership impact businesses or organizations? Let’s start by looking at the definition of leadership. Leadership is an influence relationship between leaders and followers who seek real change and results that reflect their shared purposes.

Leadership involves influence, it occurs between people, those people intentionally desire significant changes, and the changes reflect purposes shared by leaders and followers. An important aspect of leadership is influencing others to unite around a common vision. Thus, a leader is a visionary who influences, motivates, communicates, and energizes followers to do what they would normally not be willing to do on their own.

The impact of leadership in building a successful business is enormous. First, leaders make things happen: they are the catalyst for business success; they challenge the status quo; they are driven by vision; they think differently. Second, leaders manage in times of change: they set direction; they are goal setters and goal seekers; they move organizations from where they are to where they need to be. And third, leaders are revolutionary—they face reality and mobilize the appropriate resources; they encourage others to do the same; They leave a mark that cannot be erased.

These are the 21st century Jack Welchs turning a dying business into a multi-million dollar business. In his quest to better define the roles leaders play in your business or organization, Leadership expert John Maxwell outlines the five levels of leadership: The Positional Leader, The Relational Leader, The Results-Oriented Leader, The Leader Of development of people and finally the respected leader. The big question now is: what level of leader are you in your business?