Management and Leadership Essay Example | Topics and Well Written Essays - 500 words

Management and Leadership - Essay Example improving the morales of the one single employee or setting the direction for the whole new philosophy of the company,transformational leadership is about to make everyone’s life better. Research suggest that transformational leaders are ranked higher in their effectiveness and financial success besidies gaining enormous employee and customer loyalty. (Armstrong, 1996). However this transformational leadership itself depends upon the level of inspiration of the leader thus inspiration is considered as the essential component of the transformational leadership model. Follower development and follower building is the key to the success of transformational leadership thus it is very important that the leader must have a charimsatic personality. (Dvir, Eden, & Shamir, 2002). Further it is also believed that the transformational leadership has a very strong correlation with the peroformance of the organisation because since the employees get themselves acquinted with the leadership therefore the element of high performance come by itself and people start to associate themselves with the organisation and leadership in more better and fuller way. The evolution of management over the period of time suggest that the monetary benefits now have a very minor impact on the motivation of the employees and that the inspiration and willingness to get the personal satisfaction out of one’s work are now more dominating factors as for as the performance is concerned. The shift from the industrial to service orientation of the organisations neccessiated for the organisations to build strong relationships in order to sucessed. The interdependence of the resources including people and organisation therefore is now a very vital ingredient for the success and development of the organisations. Within this context, for nursing to enjoy a more longer term and better future, it is necessary that a transformational leadership shall come forward to take over the reins of this