Monday, November 18, 2019
Characteristics of Business Leadership Research Paper - 1
Characteristics of Business Leadership - Research Paper Example Indeed, in the fast transforming business dynamics, they provide businesses with inimitable competitive advantage and become intrinsic part of its success. Kouzes, and Posner claim that leaders are visionary and who can inspire others (1988). The Body Shop is scintillating example of such leadership initiative which has constantly set standard for businesses across globe. Ms Anita Roddick had founded the company in 1976 and had displayed excellent leadership traits. The paper would be discussing The Body Shop and Roddickââ¬â¢s leadership traits that had promoted high standard of ethics and quality within the organization. Business initiative The Body Shop, started in 1976 from home by Anita Roddick, was a passionate venture that was focused on the wider welfare of women. The Body Shop cosmetics were launched with a strong entrepreneurial instinct that natural ingredients would be most beneficial for taking care of body and remain beautiful. The first shop at Brighton, UK, was open ed with only 15 products. She received tremendous response that resulted in the opening of second shop within the next 10 months. Thereafter, the popularity of cosmetics made from natural products had unprecedented success. Within a span of 25 years and under her able leadership, it was transformed into multi million project with more than 1980 outlets across 50 nations serving more than 77 million customers and generating revenue of more than $200 million. After takeover by Lââ¬â¢Real in 2006, it now has more than 2500 products in more than 60 markets globally. It produces a wide range of body care products from natural ingredients and caters to people from all strata of society (bodyshop.com, 2012). The Body Shop is fundamentally based on the premise of social consciousness and belief that profits are not the major goals of business. The business must be proactive towards the needs of the community and environment (Porter & Kramer, 2006). All the products of Body Shop are ethic ally produced. It supports environment conservation. Natural ingredients within the products are procured from people and places who have adopted sustainable business practice. Most importantly, Roddickââ¬â¢s strong sense of community welfare had led her to create employment opportunities for people in under developed and developing countries like South East Asia, Africa, Brazil, Mexico etc. (Roddick, 1991). Indeed, its major suppliers of the raw products are from these countries who have evolved as a result of Roddickââ¬â¢s proactive support for sustainable business practices. Leadership style Anita Roddickââ¬â¢s leadership style was transformational and relied on motivating others towards a more conscientious and ethically delivered business goals. Burn (1978) emphasizes that transformational leadership encourages relationship building that is based on mutual respect and empowered decision making. Under such leaders, the followers are motivated to developed leadership tra its and use critical thinking for resolving conflicts. Most pertinently, the leaders also propose moral and ethical considerations that hugely benefit the business as well as the society at large. Transformational leaders promote participatory approach which facilitates shared goals and collective decision making processes. Roddickââ¬â¢s leadership traits have significantly contributed towards Body Shopââ¬â¢s success. She has not only been a successful and intuitive business person but also a social activist. She has relentlessly worked for the wider welfare of people and promoted sustainable development as integral part of business strategy. Evaluation of Roddickââ¬â¢s managerial leadership Roddickââ¬â¢s managerial leadership was highly intuitive and distinct in its personal inputs. She strongly believed in ethics and moral
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