Explain the significance of leadership.
Significance of Leadership
Leadership is a process of influencing others. The mere use of authority by managers may not lead to results. But when managerial authority is enriched with good leadership, employees start cooperating.
We can list the benefits of leadership as under:
1. It improves motivation and morale of employees:
A successful leader influences the behaviour of individuals. He/she enhances the levels of involvement of the individual employees in their work. The leader creates self-confidence in employees, sustains their enthusiasm and involvement in their work, enhances the motivation and morale of employees and thus helps greatly in the achievement of organizational goals by the employees.
Even in a situation of crisis (namely, when an organization is facing a bad phase in terms of profitability due to market slowdown or other reasons),
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