Answer to Question #319933 in Management for Sasuke

Question

Reflect on how corporate social responsibility and the King IV report impacts your business. You will

need to consider the type of leadership that is appropriate, in light of the type of enterprise formed

and organisational culture.

Select and compare any two types of leadership that are more suitable to your company, then give

three reasons under each leadership type, paying attention to their effectiveness in motivating

employees and management.

Note: In your reasoning, consider the role of EQ, IQ, and SQ in leadership, and the implementation

of plans through strategy. Additionally, think of how the leadership style aligns with your company’s

CSR initiatives

Answer 1

The King IV Code lays forth the philosophy, ideas, procedures, and outcomes that guide corporate governance in South Africa. Democratic management style. Most firms benefit from this leadership style, which is followed by autocratic leadership.

In aristocratic leadership, the advantages include

·       . It enables quick judgments to be taken.

When a company has established autocratic leadership, there are fewer levels of administration that need to be kept informed of each decision. 

In addition, there is less feedback from various levels of management to handle.

        . It promotes communication in general.

When a business has numerous layers of leadership, a directive from the top can feel like a childhood game of Telephone. Each level of management can mistakenly (or on purpose) put their own spin on the leadership's communication.

·        It enhances productivity.

There are fewer delays in productivity because authoritarian executives may quickly move information throughout an organization. 

Because they receive timely choices and communication from their leadership, workers are less likely to halt initiatives or request later deadlines.

·        Participation is encouraged by the Democratic leadership.

This leadership style, by definition, welcomes participation and involvement from those inside an organization who may not be (or feel) represented otherwise.

·        Makes problem-solving more efficient.

·        The number of potential solutions grows as more minds work on a problem. 

While choices may be made more slowly than under other leadership styles - authoritarian leadership, for example - the final solution is likely to be obtained through a more rigorous procedure

.