Leadership is a serious task that usually people in the business industries risk to take. How is this true? First, to become a business owner, one has to become a leader in his own way. This characteristic of courage and determination in helping others succeed through the existence of a helping organization is only a part of the big scope of leadership. Certainly, a closer look on the situation would help readers understand the main idea that the author of this paper would like to portray.
Most likely, the essence of leadership gets successful along with the capability of an individual to govern. Being a leader consequently means being able to govern a certain group of people in doing something worthwhile and practically applicable for the situation of the society. Hence, it could be noted that leaders are never born. Instead, they are made. The skills and the attitudes towards work that the present leaders of the current human society have is what make this people prominent enough to be known by other through their leadership capabilities.
Naturally, a leader then is expected to address to the outmost important needs of the people that he governs upon. Political as it may seem,
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In the field of business, leadership is an essential part of business continuum. Once the owner or the acting leader or appointed president of the business organization at that have the right attitude of a person who could govern over others, then the existence of the business organization could be prolonged. Within the paragraphs that follow, the essence of leadership and its important contribution to business governance shall be discussed. Issues on leadership and the importance of the said factor of governance shall be given direct focus on this paper as well.
This fact goes well with the issue that concerns managerial policymaking. Normally, to become a fine manager that is supposed to create a considerably fine working environment for ethics is supposed to be a good leader primarily. Being a fine leader would then involve the ability of the person to carry on creating and implementing managerial policy for a certain business organization basing from ethics, from fine governance, and from globalization concepts of management.
The present society and business industry is obviously based upon the globalization-based goals of business entrepreneurs. Hence, as a result, implementing managerial policies becomes more complex as the scope of leadership involves not only the main branch of the business organization but it also includes the outside branches of the business. Hence, in this paper, the involvement of ethics and the value of rightful leadership in the application of an effective implementation of managerial policy would be further discussed.
To specifically address the issues involved in the topic being discussed, the following questions shall be considered within the text that follows: 1. Who are managers and what are their major roles in business organizations? 2. How are managers supposed to face the challenge of creating policies for the people of their organization? 3. How should ethical practices of manager affect the activity of managers that is related to policy making? These questions shall be utilized by the author of this paper as a primary guideline for the structure of the discussion.
What is meant by being a Manager: a Discussion on the Basic truth behind Management Duties Organizational management involves several serious tasks that concern not only the whole company but also its stakeholders. This is the reason why the need for the fine application of ethical leadership is essential for the pursuance of rightful managerial policing processes. Management, as known to many is a performed function in every organizational set up that is essential for arranging the activities of certain business groups.
The said act of organizing a business group indeed requires a high level of leadership skills. As for this reason, governance then is considered a responsibility that demands effort and patience in dealing with other people. As the present human society advances to being economically global, the need for management especially on commercial business organizations is heightened. Hence, there are necessary points of consideration when good governance is being talked about.
Today, as management of businesses deals with multicultural differences of the people making up the company, it could be noticed that the challenges in dealing with organizational matters becomes harder to deal with, hence, requiring more skillful attitudes and acts towards the responsibility of organizational management. Certainly, the following organizational issues are the major responsibilities that the leaders must address in their daily activities: • High Profile organizational Failures
This concerns the issue that is concerned with the failure of the company, which in some way becomes controversial and in a way destroys the company’s reputation in the business industry. Leaders of the organization should see to it that a certain measure of damage control should immediately be taken into consideration to be able to answer to the doubts raised against the company through the existence of the said issue. • Higher expectations on the part of the public sectors and regulators
Since the business organizations are mostly aiming for globalization, the public then as well as with the regulators within the society have higher expectations form the organizational governance. Since the aim for progress is high, the effort to be placed forward should also account for the goals that are to be reached. • Increasing litigation and concerns about legal liability Because of being multinational, the business organizations today are subjected to more complex and more systematic legalities that give them their capabilities and limitations in operating with their business on certain countries around the world.
• More takeovers, mergers, acquisitions Since the organizations are expected to become larger, the issue concerning the takeovers and merging of the organizations with other business companies, it easy to conclude that the responsibility of the governing department of any business organization subjects the leaders to resort to different resolutions to be able to deal with the said business transactions with other. • Global Competition and Technological change Carrying these things into consideration in a multinational-based organization would naturally create a possibility for its continuous success for the said large organization.
• Shareholder Activism and Institutional shareholders These sectors of the company indeed require an ample attention that would ensure them that the investments that they put within the company would be returned to them in numbers and the profit that they would receive from the organization would be amiably right for the amount of investment that they have placed within the organization. (SOURCE: Adams & Bradshaw. Skills for leadership and governance. Moving to governance. ) These major concerns of the modern management system are indeed based upon the growing need of the organizations today.
Since the business companies are considerably large, it undeniable that the responsibilities are also equally large for the governing committee of any business organization. Certainly, such serious responsibility involves the application of high-leveled skills for supporting an organization’s growth. Through application of the enlisted managerial concerns above, the success of creating policies that would not only provide the company with the profit that they aim to have, but to also provide their people and the society as well with the support that they need in terms of organizational provisions.
Concerning the fact that business organizations today go for larger scale or scope of market, it could be noticed that the managerial applications and concerns as mentioned above are to become more complex in terms of actual realization of the tasks. There are different issues that are sure to overtake the field of business management, especially concerning ethics and the social acceptance of the company.