The terms ‘leader’ and ‘manager/ supervisor’ are often used interchangeably. However, the difference between them in terms of what it means for an organization is substantial. A supervisor or manager simply delegates tasks, however, a leader inspires his team to complete those tasks on time in an effective and innovative way. A manager becomes a leader when he improves others around him and also embodies and executes the vision of the organization. Consequently, employees working with a great leader are happier, more energetic and they feel more connected to the organization. The effects of good leadership resonate throughout the company from the top to all the lower rungs in the business hierarchy. While some people are born leaders, most of the leaders can be taught through effective leadership strategies and values. Here are 5 ways to help you become a better leader: 1) Honest and Open Communication A good leader…
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In the last article, we talked about the meaning of corporate governance along with its formation, framework and functionality. Here’s a quick recap: Corporate governance…
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Corporate Governance is one of the key elements of operating in the right manner, especially with the emergence of global conglomerates. It is the…