BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Financial success
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Turnover ratios
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Training and development rates
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Employee job performance
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Employee morale
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Detailed explanation-1: -The best approach to measuring leadership is to evaluate a leader’s performance in the three areas in which all great leaders must excel: clarity of thought / communication, judgment about people, and personal integrity / commitment.
Detailed explanation-2: -The democratic leadership style is one of the most effective because it encourages everyone to participate in all processes, share their opinions, and know that you will hear them. It also encourages employees to be engaged because they know you will hear their feedback.
Detailed explanation-3: -There are many ways to measure leadership effectiveness. Some common indicators include innovation, efficiency and quality, emotional and physical safety, and employee engagement. However, choosing the most relevant indicators for your organisation’s specific goals and objectives is the most important thing.
Detailed explanation-4: -Leadership effectiveness can be defined as “the leader’s ability to effectively influence followers and other organizational stakeholders to reach the goals of the organization” (Yukl, 2005).