b. Distinguish between charismatic leaders and visionary leaders. Provide example in your answer.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Organizations believe that leadership ability brings valuable assets to their establishments thus improving growth and revenue. Therefore, organizations around the world spend billions of dollars on the subject of leadership training and development. These instructions take many forms such as expensive programs offered by universities that have established majors in leadership to serve the demand of the society for becoming an effective leader. Moreover, costly seminars are designed for organizations to teach executives and managers how to become better leaders (Robbins, Coulter, 2009). Even though the subject of leader and leadership should not be as complicated as it seems, the researchers have created complexity to the point of confusion among people that makes learning difficult and demotivate people on that subject. Also, much of the money spent on leader training may have provided doubtful benefits.  Previously there have been numerous classifications and definitions of leadership such as traits and characteristics, focus group process, act or behaviour, a power relationship,  transformational process as well as skills perspective. Despite the above, multiple confusing concepts, the following components will simplify the meaning of an effective leader. First, the words lead, leader, and leadership must be identified. Secondly, the characteristics of leaders and leadership will be described in a simple concept. The word "lead", according to the Webster dictionary, means "to guide on away." Moreover, "leader" is defined as "a person who leads and has commanding authority or influence". Furthermore, "leadership" is described as "a position as a leader of a group, organization, or an institution. The authority or ability to lead other people". 

 

Based on the above definitions, leadership is a method whereby an individual influences a team to achieve a common goal. Therefore, leadership is not only influenced but also does not exist without influence. The leadership factors that create impact are within the letters that form the word leadership. 


Source:https://www.researchgate.net/publication/313636384_Understanding_Leadership_and_Factors_that_Influence_Leaders'_Effectiveness.

 

 

b. Distinguish between charismatic leaders and visionary leaders. Provide example in your answer. 

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