Leadership has unique importance and role in modern business and non-business organizations. In each business organization, although collective efforts are undertaken to fulfill the predetermined objectives, the role of the and leadership should also be not ignored. The success or failure of an institution to a large extent depends upon the quality of the leadership … [Read more...] about 17 Importance of Leadership in Modern Business
Entrepreneurship
12 Qualities of Effective Leadership in an Entrepreneur
Business roles depend upon the qualities of the leadership (entrepreneur), because the aspirations or success of the business may be fulfilled only by effective leadership. The entrepreneur should have various qualities of effective leadership. The entrepreneur has to carry out various functions for successfully adopting the process of change, for executing the changes … [Read more...] about 12 Qualities of Effective Leadership in an Entrepreneur
15 Primary Functions of Leadership in Management
Leadership accomplishes service, takes the decisions and makes efforts to know the reactions of other persons and it is such participation that is different from other persons. What are the main functions of leadership? Various scholars, management experts, and organizations have stated different functions of leadership. To communicate in the organization. To get … [Read more...] about 15 Primary Functions of Leadership in Management
14 Nature and Characteristics of Leadership in Management
Leadership is the ability to persuade others to seek defined objectives enthusiastically. Efficient leadership has an important contribution to developing the personality of the persons working in the organization. A leader decides the objectives of the group in business and also ensures, how to achieve the objectives business? Nature and Characteristics of … [Read more...] about 14 Nature and Characteristics of Leadership in Management
12 Major Challenges Created by Business Environment (With Examples)
In the present scientific age, not only the scope of business has become dynamic, but the business and industries have touched new Heights also. The importance of service industries in the business is growing day by day. A business institution has always to face various complexities, challenges, and problems. The changing economic, social, legal, political, and … [Read more...] about 12 Major Challenges Created by Business Environment (With Examples)