Q1. Research the economic progress of the so- called BRICK countries. Which of these could you envision becoming the world leaders in business by 2050? In science and technology? In education? Explain the reasons for your predictions? Q2. What is the difference between racial prejudice and racism?
Sample Solution
ake. Until now we have discussed about the different traits of leadership, different leadership skills & their effects on project and some common struggles of a leader. However one cannot ignore the approach in which leaders take up their roles. An article written by S.Pretorious(2018) was presented at the South African Institute for Industrial Engineering (SAIIE) which emphasized on different leadership styles and approaches. This article includes some of the leadership styles, approaches and theories which have been featured in the past couple of decades which namely are:- Types of approaches discussed ● Trait approach ● Skills approach ● Behavioral approach ● Situational approach ● Psychodynamic approach The leader decides its approach by looking at the project structure after which the main preference is given accordingly i.e. traits, skills, behavior, and situation. Types of leadership styles discussed:- ● Strategic leadership: this type of leadership focuses on how organizational performance is influenced by executive leaders. ● Transactional leadership: it is a type of leadership which centers on the interactions between leaders and subordinates. It occurs when managers offer promotions to employees who exceed their goal. This leadership style is largely task-focused. ● Servant leadership: in this type of leadership leaders serve by ensuring that there follower’s highest priority needs are fulfilled. ● Authentic leadership: the main emphasis of this type of leadership is the authenticity of the leader. ● Charismatic leadership: it is a type of leadership that comes into play whenever there is a situation of distress, uncertainty or extreme enthusiasm among social relationships. Difference between Leadership and Management Generic leadership Generic Management Leaders create visions for change and movement. Managers anticipate change and adapt to it but they don’t create it. Leaders frequently seek to influence others Managers pursue order through control of stand>
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