Leadership - what is it? Leadership is generally defined as influencing others to work willingly toward achieving objectives. (Dessler, G 2001) Leadership, as a process, shapes the goals of a group or organization, motivates behavior toward the achievement of those goals, and helps define group or organizational culture. It is primarily a process of influence. In fact, leadership is many different things to different people in different circumstances. However, to WJML Financial Planning, P.A leadership is an important part of our organization. As a team, we have decided to use the considerate style of management.
The leadership style that is most appropriate and defines WJML Financial is the considerate style. From the course reading material, we find a definition that the considerate leadership style is a "Leader behavior indicative of mutual trust, friendship, support, respect, and warmth" (Section 4, page 177).
The type of organization that WJML Financial will be has yet to be determined, whether we will be a limited liability partnership (LLP) or an incorporated (Inc) company.
What we do know it that four people with similar backgrounds, interests, skill sets, and aptitudes are coming together to pursue a goal of running a unique financial service company.
From our income projection schedule, we outlined that the initial employee base will be the founder. Additional employees will come on board later in the second and third years of operation. Each partner has been assigned a specific administrative task that is tied to his or her strengths, however each partner shares an equal responsibility in producing revenue from one of the three services offered by WJML. As the partners work together, the leadership style and work place culture implemented is crucial so that everyone can work together and be effective, efficient, and successful.
The description (quote) listed above clearly...