Business Leadership Styles

To be a business leader is the dream of all businesses. In attaining the peak of your business, you must know that what works for one individual or team may not work for another. This does not dispute the fact that not all methods are correct. Every business that wants to lead must recognize their best style of leadership to ensure effectiveness. your style of leadership is as important as leadership itself.

Below are some effective business leadership styles:

Authoritarian leadership

This style positions the executive at the center of the decision-making process. They direct other members of the team on what to do and how to do it. Executives do not take part in the activities of the organization, they only direct and monitor the team.

Participative leadership

This style is better than the former as it empowers employees with increased influence, responsibilities, and also involvement in decision making.

Laissez-faire leadership

It is a very good style as it enables all group members to make a decision, but it is usually negligible in practice.

Directive leadership

Do you always control employee and tell them exactly what to do and what not to do? If yes, you are a direct leader. One of the advantages of this style is that it employs transactional techniques such as rewards and punishments to drive results. Direct leaders don’t intentionally seek dominance, but they believe domineering is the best way to get results.

Transformational leadership

These leaders are the most respected and honored by employees. They directly work with employees to create a vision and identify change. The style is very effective because they inspire their team through communication and collaboration. Transformational leaders serve as a role model for other team members.

Servant leadership

This is another leadership style that fosters growth, and development in the business. It encourages collaboration, trust, and empathy. This style demands long term commitment, accountability, and loyalty. The servant leadership prevent control over employees, avail the managers’ opportunity to trust their team members, build confidence in themselves and their team members.

Bureaucratic style

The bureaucratic style operates with rules. It is very rigid and makes every member follow set procedures. Every business that desire innovation or creativity must never adopt this style because it restricts the activities of members of the team. It is most preferred by routine-oriented jobs.

Transactional leadership

Leaders in this style focus on exchange i.e. accepting a job is a sort of transaction. When you agree to take a job, you have to complete the outlined task and follow the leader’s instructions. This style enhances clarity of job.

Getting the peak of your business is not the problem, but sustaining your position is more important. Your style of leadership will help sustain your business position. Select the best!

Business Leadership Tips

There is no business that you want to venture into, that is new. Some certain individuals are ahead of you. You have the challenge of surpassing these individuals to be the best. To be a business leader, you must be willing to sacrifice and be diligent. Most times, you would be discouraged about the business, some other times, you would be confused about want to do. Irrespective of this circumstance, being the best must remain your priority.

What is business leadership?

This is the ability of a firm management team to set goals, achieve goals, make intelligent and smart decisions and ensure they do everything within their ability to be better than their competitors and set the pace for others to follow. Setting goals are not usually the major task, the most profound task is achieving those goals. Many factors can help your business achieve her business goals and be the leader in that business.

Here are proven business leadership tips:

Be opened

There is no secret anywhere. If your business must lead, you must disclose all important information to your employees, and everyone involved. The alignment of corporate goals with individual goals is very crucial. Ensure your team is aware of all the necessary information.

Be Empathic

Every member of your team is important. You must engage all of your team members, and ensure you are a selfless leader. Be caring, respect your employee’s opinion, and always observe their thoughts, feelings, or state of action.

Be Realistic

This point is crucial in goal setting. You must know that some goals are not realistic and will waste the resources of the organization and even the strength of the employees. If your goals are not in line with the vision of the firm, then it should be canceled.

Plan & Strategize

This is the arrangement and control of the resources of the business to achieve the goals of the organization. Every business that desires success must ensure they plan effectively. There should be no assumptions, all facts and figures must be accurate. Planning decides the future of the business. Decide your method of production, cost strategy, your market, your niche, your price, how to compete, etc. when your business fails to plan, you already plan to fail!

Clarity of vision and communication to workers

When the purpose is not known, abuse is inevitable. The goals/ vision of the firm must not be ambiguous. The business leaders must also ensure they communicate the vision clearly and effectively.

Motivate & reward

Everyone needs motivation and reward. These two factors make employees do better and encourage them to meet the target of the firm.


The last factor here is to make sure your business earns the trust of customers. Ensure that your product details are true and never misleading.

The major aim of a business is to maximize profit. Do everything to make your business profitable. Stay at the top!

Online Leadership Courses – Bringing Learning Into The 20th Century

As mentioned in any good leadership courses guide, Online Leadership Courses are a brand new methodology of gaining accredited information of leadership, without requiring the participant to actually attend a campus. This enables online leadership levels to be flexible across the needs of the participant, resembling a full time job or family life. Being able to take a leadership course online can in many instances, allow an employee to aquire the ability set wanted to grab a promotion, when their firm fails to deliver what it promised on leadership improvement needs and courses.

This guide to online courses will include the following topics:

1. When are online leadership courses the best choice?

2. Tips on how to tell which online courses are real, and those that are scams

3. What’s the distinction between a leadership diploma from University vs a College?

4. How a lot does an online leadership course cost?

5. Do online leadership courses require sensible hands-on expertise?

6. Which leadership courses online do I Advocate?

Before I get into the depths of this article, let me bring to your attention that I have no connections (affiliate or other) with any of the online leadership course suppliers referenced in this article, and I’m offering impartial advice. This is applicable in reverse too, as I can’t be held accountable for information held on external websites linked to in this article for which I have no control or responsibility over whatsoever.

1. When are online leadership courses the most suitable choice?

Online leadership courses are often taken as a result of different leadership coaching options, reminiscent of leadership lessons, leadership coaching, or leadership development programmes are too costly or not versatile sufficient for the users needs. You need to in all probability look online in case you want to spend under £1,000 for a leadership course, or in case you are working full time and will not be able to attend evening courses within the native area.

2. Find out how to inform which online courses are actual, and that are scams

Being able to tell which online leadership courses are reliable and respected qualifications, as apposed to false websites created by fraudsters is becoming increasingly difficult. Nevertheless as a seasoned internet veteran, I’m able to cross on just a few suggestions that may show you how to uncover whether or not the dream course is in truth a nugatory piece of paper.

Tip 1: Verify the Google PageRank of the website. Google pagerank is Google’s measure of how important a page is on the web. A rating of 0-2 suggests a page is just not linked to by very many other vital websites, nevertheless a score of 6-10 ensures that the site is extremely reputable. Navigate to the house page of the online course supplier you search to purchase a course from. Then enter the online handle of that homepage into the sector in this pagerank checker site. If the pagerank of their homepage is 2 or less, there is a very excessive chance that the college has little real presence on the internet. If the pagerank is three-10, then this take a look at is much less conclusive.

Tip 2: Verify the Alexa rating of the website. Alexa rating (A service run in the end by is an estimator of the number of visits a website has. So again, copy the homepage tackle of the course supplier, and paste now into the sitesearch perform of Alexa. This should display the worldwide Alexa visitors rank of the website. If this determine is more than 300,000 then the web site in all probability receives not more than 2,000 visitors per day. If the website is ranked within the prime one hundred,000 then this suggests the site receives a excessive volume of visitors (5,000+ per day) which suggests authenticity.

Tip 3: Verifiy accreditation with the accreditation authority. If a course supplier claims to be accredited by an state-run national body, then be sure to give them a call and check. If the accreditation organisation shouldn’t be government-linked, then evaluate the authenticity of that website utilizing the identical tips right here, as typically criminals create total accreditation networks simply to lend the aura of authenticity to their empty words.

Tip 4: Take a close take a look at the price. Does it look like suspiciously low? Remember that even £500 for a course that accommodates several hours of 1-to-one phonecalls with a tutor is a bargain. If the positioning guarantees lots of of hours of learning, with a price ticket of lower than £200, you need to be wary. ‘Colleges’ that value themselves like this aren’t essentially deceptive or scamming people, however their degrees will often carry no actual recognition.

Tip 5: Look out for warning bells within the wording. Does the course seem obsessed in regards to the idea of certificates and being able to present proof to anyone who calls? Does the wording spotlight that “The certificate is not going to comprise the phrases ‘Online'”. These are both warning flags that suggest the product itself is simply a decent-wanting fake certificates fairly than an actual qualification that can develop your leadership skills. Individuals who acquire these are merely seeking to artificially pad their CV so as to land a job, and are harming the neighborhood of leaders who commit time to growing their leadership qualities.

Tip 6: Scan for spelling errors, this is an instantaneous trace that the web site has not had a lot time spent on it.

Tip 7: Search for contact details, addresses and telephone numbers. If the positioning only incorporates a form to fill in, be worried. If the web site solely accommodates one cellphone quantity, that is additionally a warning flag – and means that the course supplier is barely built to make sales and to not handle participant queries.

These 7 tips ought to allow even an online beginner to come to an inexpensive assessment of a course supplier’s validity. If you’re nonetheless utterly not sure, do not hesitate to get in touch with me (via my contact page) and I may be able to give a second opinion by either vouching for the positioning, or warning you to remain away. There should still be web sites I can not confidently conclude upon however.

3. What is the difference between a leadership degree from University vs a College?

The key difference is recognition and employability. In case you are involved in gaining a leadership qualification to assist you in performing your job appropriately, there isn’t a purpose for you to discriminate between the two. Nonetheless should you’re on the lookout for a good course that may present a solid career development mark on your CV, then sticking with a big or medium sized university will guarantee your qualification has some chew behind it, and won’t be met with cynisism.

4. How much does an online leadership course price?

Management course prices range broadly, from £39.99 for a three hours introduction to leadership idea from LearnDirect (here), to £2,000 a year for part time leadership-related bachelors degrees or masters. It closely relies on what level of information you wish to gain from a course, and over what time period you’re ready to study.

5. Do online leadership courses require practical hands-on experience?

Typically speaking, online courses such as diplomas make no such requirements. All work is graded primarily based on knowledge-based studying equivalent to essays and exams. Only courses with a physical grounding at a campus or native college will seemingly ask you to engage in real case research and suggestions the results. The benefit of this sort of learning out-weighs information alone, and this demonstrates the trade off between the conevience of online courses, and educational merits of fulltime courses.

6. Which leadership courses online does Management Professional Suggest?

We are currently researching the totally different online leadership courses obtainable to UK and International members, and will update this text is due course.

NY Business Broker

A Neumann & Associates has become one of the most respected NY business broker firms having 25+ years of experience. The firm has expanded to not just a Business Broker but also provide excellent service to New Jersey and Pennsylvania businesses. Professionalism and confidentiality has built a reputation that has helped us grow into leading tri-state area firm that businesses can count on.
A Neumann Associates represents a wide variety of NY Businesses as well as NJ and PA throughout over 25 years of experience. Provided services include appraisals of a businesses’ worth, business valuations, business transfer process assistance including selling companies valued at millions of dollars and help buyers find businesses.

Confidentiality is our first priority and starts our Selling Advantage. We have an outstanding reputation along with a network that is expansive exposing businesses to more buyers which can result in a great situation of multiple offers from business buyers when your business is for sale. And the services are all provided without charging upfront fees.

For our Buying Advantage it starts with our outstanding reputation, includes our expansive network and contacts crucial for financing allowing business buyers to secure the needed funds to purchase a business at a fair market value. As always, our first priority is Confidentiality, heavy assistance with all due diligence efforts is also provided including needed data verification.

Business Valuations and Appraisals

For the valuation of private owned business, our firm offers a comprehensive set of business services for mid-market, for sale businesses.
The first step in Valuation of a Business is very essential. This is the step of attributing a proper value to the business. We urge all sellers to have a business valuation completed by an independent, third party before sale of the firm. Buyers in fact do not consider a seller serious if they do not have a current business valuation completed.
Additionally, avoiding use of an in-house valuation is strongly recommended and is very important from the perspective of the buyer. A conflict of interest exists and the objectivity of the business valuation becomes in question, a third party valuation will in fact be considered objective.

Valuations are often conducted for estate planning, partnership complications, matters with the IRS, financing purposes, etc. Each business owner has a unique situation and need for a business valuation. As a NY Business Broker we often have accounting firms, law firms, estate planners, etc contact us for valuation service and assistance with their business owner clients.

Business Seller Representation

Selling a business is a once in a lifetime event for most business owners. A recent IBBA study suggests that “75% of owners have no idea how they will exit from their business.” It is no surprise that experience with business transactions is lacking when this is most often only a once in a lifetime event. The unfortunate truth is that significant errors can result that the seller can ill afford. We assist with avoiding these errors and helping business sellers through this crucial once in a lifetime event.
With over 100 years of business transaction experience, our NY Business Broker firm’s expansive network with over 1000 affiliated Merger & Acquisition professionals provide the best results to potential business sellers. Full advisory services are provided from the very first step all the way through final closing and beyond.

Business Networking In Reading

There are over 30 different networking organisations in the Reading Berkshire area. It has been said that you could network all day every day if you wanted too but which organisations are the best ones for you?

After a year of trial and error I have experienced a variety of different groups that could work for different people and different industries. The BNI which stands of Business Network International is the most successful networking organisation in the world. It was started in America by Dr Ivan Minster and has been the bench mark of profitable networking ever since. Their Ferocity is Givers Gain, if I give you business hopefully you would like to give me business in return.

Their meeting are very structured and are on a weekly basis starting promptly at 7am and finishing at 9am. This has been questioned by a lot of people saying it does not let working Mums have the opportunity to join and these people have now started to run afternoon meetings in its place. There is a lot of commitment when joining BNI not only financially but time wise as well, but if you are prepared to do all of this then you really get out what you put in.

Ladies who Latte meets at the Copthorne Hotel in Reading once a month and as suggested in the title this is an all women networking event. There is a turn out of about 20-25 women and is very much a social lunch as well as business events. Most of the women attending these Ladies who Latte meetings are promoting products, massages, holidays and the like. Most are generally working part time or are just stepping out into business.

Mary Flavelle networking takes place all over the Berkshire area but the nearest one to Reading is in Bracknell at the Bear Keller by the John Nike Centre. This is a monthly Networking Event run by Mary herself. Mary is an extremely passionate and fun person to know and her breakfast meetings are extremely popular and up beat attracting a group of over 30 local networkers. This is a group not to be missed.

NRG Networking is run by David Clarke at Wokefield Park in Mortimer. This is a lunch time meeting. They run business seminars before each business networking lunch. These pre-lunch seminars cover business or personal development topics as well as giving people the opportunity to network. Seminar topics are chosen with the independent professional in mind. The kinds of people that attend this event are mostly experienced business owners.

Duffnuts is a new local networking group which is run by some experienced local networkers. This is a free event which takes place at the moat house in Sindlsham on the last Friday of every month. There is usually a great turn out of about 25-30 local business people. There is free parking out side and you are able to order some lunch from the restaurant if you wish. I have found there to be a lot of regulars that attend Duffnuts so it is a great way to build strong relationships.

Word of Mouse is a franchise and was started by the directors of The Business Referral Exchange. The idea of this networking group is to network on line and off line and costs £25 per month which you can pay as you go. When using the web you join a power circle and there will only be one person from one industry in each circle. The area coordinator will arrange monthly meeting and make sure that everyone is contributing effectively and will help and improve when needed.

Networking in your local area is very important not only to achieve referrals and to make local connections but to give and receive great advice as well. The idea is to not sell to the room but to make strong relationships which will hopefully result in business in the future. Networking should not be a short term fix and if you go in with that attitude then you will come out with nothing. Make sure you have goals for networking just like you would with any sort of marketing and advertising so you know what you want to achieve out of each and everyone. This stops people treating the networking event like a socials meeting.

Happy Networking.

Business Networking: 5 Tips For Absolute Beginners

Business networking is an absolute must if you want to run a profitable business. Without networking with others, you’ll lose out on potential clients and profitable projects. If you are a new business owner or an absolute beginner at business networking, follow these five tips to get out there and network like a pro.

Business Networking: Give a Free Talk to a Local Group

Nonprofit organizations, community clubs, and hobby groups are always looking for guest speakers for meetings, luncheons, dinners, conferences, and other events. Offer to deliver a short speech at your favorite group’s next meeting so that the entire audience can be exposed to your knowledge and experience. Use the time immediately following your talk as business networking time. Work the room, exchange business cards with audience members, and provide additional information about your business.

Business Networking: Online Networking

Online networking has taken the world by storm. In the past, you had to attend a meeting or go to a conference to get the opportunity to do successful business networking. Now, sites like Schmoozii and LinkedIn offer professionals around the world the opportunity to network with others. The best thing about online networking is that you can connect with people from all different countries and industries, expanding your business network.

Business Networking: Join a Tips Club

Tips clubs (also called leads clubs) are great for business networking. The premise of such an organization is simple – members network with each other and refer each other to friends, family members, and business associates. One of the great things about these organizations is that they only allow one person from each type of business to join. For example, once a copywriter joins, no more copywriters are allowed to join unless that person leaves the organization. This means you won’t be competing against dozens of people for the same referrals.

Business Networking: Giving Back

Nonprofit organizations are always trying to accomplish more with less money and fewer staff members to keep things going. If you have a skill or talent that would benefit a nonprofit group, volunteer your services or offer your professional services at reduced rates. This is a great business networking technique because you can meet people from all industries, showcase your skills, and give back to your community at the same time.

Business Networking: Business Cards

Business networking often involves group meetings or special events. You need to have a business card with you at these events because, let’s face it; you don’t want to be the guy writing his phone number down on a cocktail napkin. Your business card should look professional, have all of your contact information included, and have value for its recipients. Many business owners choose to print a calendar, ruler, or other useful tool on the backs of their cards so that people hang on to them for a long time.

These business networking tips will help you break out of your shell and find the leads you need to take your business from startup to sensation.

Three Reasons Why You Avoid Business Networking Events

Do you go out of your way to avoid business networking meetings? Do you tell yourself that networking doesn’t work for you? Do you view business networking strictly as the domain for the confident or extrovert?

Well if the response is yes to any of these questions read on and you might be pleasantly surprised to find out that business networking could provide you with a goldmine of opportunity, one which you could tap into more easily than your think.

Let’s dispel some myths first:

Myth 1: Networking is only for those who like to talk….wrong!

In fact those who like to talk about themselves at the expense of listening to others are actually probably the worst networkers. Business networking is all about relationship building with others in order that they can get to know, like and trust you. Those who talk and do not listen do two things: they fail to understand the needs of those they are talking to and secondly end up boring the other person. This is not a good start to building up relationships.

So if your strength is listening rather than talking you are already one step ahead of the game.

Myth 2: You have to be good at selling to be a good networker…wrong!

Well partly wrong…business networking isn’t about giving a sales pitch for your services and closing the sale, but it is all about selling yourself. This means that when you go to a networking event you need to relax and be yourself, then people will see the real you. If you start pretending to be someone you aren’t then others will see through this façade and whether it is consciously or unconsciously they will not trust you.

In fact many business people who dislike conventional sales techniques such as cold-calling opt for the softer option of business networking or referral marketing because building business in this way is based on developing relationships.

Myth 3: You are the only person who will feel nervous at a networking event…wrong!

When faced with a room full of strangers there are few people who will say they relish making those first steps to approaching someone to talk to, especially when they have arrived alone. But remember, everyone is there for the same reason – to meet people, so think how delighted someone will be if you go and join them, especially if they too are on their own.

If you struggle for topics to start the conversation, ask some easy open-ended questions that will quickly help you to build rapport with the other person. For example ‘What other events do you go to?’ or ‘where do you come from’ or ‘What do you do?’

So, what other business networking tips should you take with you to your next event to help boost your confidence?
Undoubtedly your top tip is to be prepared. Know where you are going, arrive plenty in time and find out what the format of the event is.

Have your elevator pitch prepared – this is the brief sound bite you give when someone asks you what you do. If you will be giving a formal 60 second pitch, ensure this too is prepared in advance.

Dress appropriately for the event but try to wear what you feel comfortable in.

Prepare some simple rapport-building questions you can ask anyone to get the conversation started and take plenty of business cards with you.

So apply all these tips, be prepared to stick with it and soon you will find that networking is no longer a chore but an enjoyable way to grow your business.

Leadership: The Cornerstone of Success in the Martial Arts and In Life

Leadership is one of the most talked about and least understood aspects of human behavior. There must be hundreds of definitions of leadership, yet none of them is useful for success in life because none of them allows you to ‘create’ leadership within your life.

Why is that? Why isn’t leadership one of those things you can go to school to learn, pick up through experience, or work on yourself to develop?

First, you need to understand the false assumptions – the myths – about leadership. Then you’ll come to realize that leadership is one of those things you can go to school to learn . . . if there were a school that knew how to teach it. You can pick it up through experience . . .if you know what leadership is and as importantly, what it isn’t. You can work on yourself to develop it . . .but you need to know what to work on.

The first barrier to developing leadership is breaking through the false assumptions we have come to accept without questioning. You may not believe all the assumptions listed below but it’s a good bet you believe some of them. Yet, they’re all false.


1. Leadership is innate – you’re either born with it or you’re not. Absolutely false! Leadership consists of a set of skills that can be identified and learned. It’s true that some people have a greater aptitude for leadership but all of us can be leaders and can build our leadership skills.

2. Leadership is charisma and style; it’s the way we do things, not what we do. False. We’d all like to be charismatic and stylish, and many leaders are just that. But leadership is substance, not style. Leadership has to do with what we do and the impact we have on others. There have been great leaders who were dull as dust and others who have been charismatic. In our own time Bill Gates, chairman of Microsoft, is dull, “nerdy,” and as uncharismatic as one can get, yet look at what he’s led others to do and the impact he’s had on Today’s world.

3. There’s no structure or system to leadership; it’s situational. False. Not only is leadership – true leadership – structured and systematic, it can be duplicated again and again. Students in the Mastery Leadership program learn how to do this during the course of their study. Leadership has principles, skills that can be learned, and specific ways to get results. All those things are the building blocks of the successful accomplishment of goals, managing the aspects of our lives, and creating a life worth living. And if you can systemize it, you can duplicate it.

Believe it – leadership can be built into your life as a workable, predictable system.

4. The top person – the “boss” – is the leader, and it can’t be any other way. False. In fact it’s the exact opposite that is so often true. In the best businesses, families, schools, and groups, anyone in the group can exhibit leadership. Leadership should be encouraged at every level of the organization (with a few rules of behavior to prevent conflict and confusion).

If you believe any or all of these myths, you’ll need to revise your beliefs or you’ll never build true leadership into your life.


Leadership is nothing more than a core set of skills that can be learned. There are five of them: vision, discrimination, strategic thinking, commitment, and inspirational communication. You’ll learn about them and how to develop them in yourself and others as you progress through the Mastery Leadership program’s Mastery Keys for the Emerging Leader. At the same time, you will be able to assess your own leadership and that of those you associate with, and devise a leadership development program for enhancing your skill level.


There’s nothing mysterious about leadership. Once you know its core skills and specific systems it becomes a straightforward personal development task, just like any other system in your life.

Like many other seemingly mysterious things, once you know the secrets of duplicable leadership, you’ll want to say, “How simple! Why didn’t I see it sooner?”

Leadership is probably the single most important aspect of your life and ability to produce the results you want. It’s leadership that figures out what you need to do to enhance your life and give it the power, thrust and momentum it needs. And it’s leadership that determines how to do it. Then it’s leadership that makes sure it gets done. Without leadership, life is aimless, purposeless, random, ineffective, and – no exaggeration – terminally ill. With effective leadership, your life will thrive, you will navigate through any storm, and surpass every goal you ever set for yourself.

Leadership is the cornerstone of the warrior’s ability to create the life worth living and develop the skills necessary for protecting that life from anything that would threaten it. And so it is also the cornerstone of the Warrior Concepts Life Mastery Program. Here at WCI, just like every other solid, educational institution, we create leaders – not just in the martial arts, but at home, school or work, and in the community. We create the light that will cause others to engage in our vision with us and that will brighten the Path for others to follow.

5 mistakes to avoid while buying a business

Here are five most common slip ups while a buying business.
1. Growing fond of a business, excessively – This is perhaps the most common of all mistakes in buying a business. Say, your targeted business is in a good location, makes good money, has experienced staff and has a decent reputation in the market. You think you finally found the business you were looking for. Well, you might just be a victim of love at first sight. Buying a business needs crunching a lot of numbers such as payables, loans, competitive analysis, business reputation, and so on. It’s wise to keep emotions aside and be financially astute while evaluating business alternatives.
2. Fail to assess correct synergies – Often it is a better choice to buy a business rather than starting from ground up. Assessing synergies is at the crux if you plan to buy a new business to make your existing business more competitive and profitable. For those who need the biz word translation, synergy means two or more things working together can produce more results than working individually. You will need deep analysis of venders, supply chain, business operations and so on. Seeking professional’s advice will go a long way.
3. Not doing enough homework –Often entrepreneurs fail to understand why the business is on sale. You need to dig in deep to see through the real picture. Compare the target business with others in its industry and try to ascertain its competitive positioning, check out what customers and venders say about the business. Get a 360 degree assessment of every potential business on your buying radar.
4. Relying too much on financial documentation – Watch out window dressing of the balance sheet. Engage a business valuation expert if needed or else you risk making such a vital decision on marshy grounds. It is strongly suggested that you get the contract terms in writing. Should there be a dispute in the future, you have the solid documentations to fall back on.
5. Not using an intermediary for negotiation – Negotiating the deal can be extremely stressful. Every nuance needs to be worked to the hilt. The legal jargons, terms of purchase, modus operandi of management processes and so on involves lot of time and can be overwhelming. This is where expert business brokers come to your rescue. Choose your business broker wisely and get maximum value of you money.
Business brokers will show you options that closely match your requirements so you are less likely to be compromise by limited choices. They have experience and are business astute to get you the best synergy with the targeted business. With their business valuators, you pay a fair price for the business acquisition. They have the expertise in documentation and so not even the minutest detail is evaded from the contract.
The property business is on the rise and so are property scams. You need right people by your side to keep from fake sellers and loosing out your money on illegitimate deals. It is suggested to hire a third party to represent you in the deal. You will be surprised at the benefits of engaging professionally trained business brokers.

Leadership Theories

The many leadership theories which exist today fall within eight categories. These are the great man theories, trait, contingency, situational, behavioral, participative, management and relationship theories respectively. In great man theories, leadership is presumed to be inherent, that is, leaders are born not made. Similarly, trait theories hold this ideology but based on the leadership qualities. Relative to contingency theories, the environmental factors determine the leadership style whereas on situational theories the situation dictates. Unlike great man’s theories, behavioral theories hold that leaders are not born but made: leadership develop from learning either through teaching or observation. Further to participative and management theories, leadership is determined by the role played. For participative theory, a leader is taken as the one who incorporates others inputs through participation and contribution. Next, management theories feature leadership through supervision and organizational roles. Finally, relationship theories focus on the ability to form connections amongst leaders and followers (Lussier, & Achua, 2010). In this paper, attention will shift on two leadership theories, situational theories and management theories.

In regards to situation theories, leadership is proposed to be triggered by the situational variables such as decision making. In a situation where the leader is more experienced and knowledgeable than the followers, an authoritarian leadership style is more favorable. On the other hand, in a situation where the followers are skilled, a democratic leadership style is more effective. Therefore, situational theories define leadership based on the situational factors which influence the leadership style as well as the follower’s motivation. These are the relationship between the leader and follower, task structure, and the power position. In leader-follower relationship, the focus is on the followers’ confidence of the leaders while the task structure is in the nature of the task and power position is on the leader’s authority and influence. Moreover, the employee characteristics determine the leadership style as mentioned above. Directive style is preferred for followers that are unskilled and non-motivated; coaching style for unskilled but motivated followers; supporting style for skilled but non-motivated; and observing style for both skilled and motivated followers.

Relative to management leadership theories (also known as transformational), leadership is based as the influential factor in job performance and satisfaction (Braun, Peus, Weisweiler, and Frey, 2013). In this respect leaders are obliged to set clear goals and paths to guide and enable the employees to perform. In addition, the management theories highly focus on employee motivation. In this respect, leaders should incorporate styles which enhance employee motivation; supporting style where the followers lack confidence; and instructive style when the task is ambiguous, demanding and there is no motivation to meet the deadlines. Most important, the management theories recommend regular leaders consultation with the followers as well as followers’ involvement in decision making (Braun, Peus, Weisweiler, and Frey, 2013).

In both theories above, employee behavior is entirely dependent on the leader’s individuality. That is, if the leader is task oriented or relationship oriented. Leaders are supposed to adapt to their employees as well as their workplaces. For this reason, these theories emphasize on the leadership approach which is flexible and helps in utilizing fully the potential of the employees. The situational theories of leadership provides specifications upon which leaders should rely on in different situations. These specifications are based on three dimensions. First and foremost is the prioritization of tasks, next is assessment of employees skills and motivation and finally, formulating of the leadership style. In regards to management theories, leaders concentrate on employees’ skills in order to assign tasks and influence performance through rewards. The situational leadership theory portrays followers as having different responses depending on their personality coupled with their ability and willingness. By contrast to the management leadership theory, followers act based on the nature of leadership applied.

The situational leadership theory developed from Hersey and Blanchard model of leadership, the life cycle theory (Thompson, and Vecchio, 2009). The life cycle theory purposed to help change the parenting approach of parents towards their children starting from infancy, adolescence to adulthood. Later, the two authors changed the application setting of this theory from home-based parent child relationship to the workplace relationship between leaders and followers. This approach laid emphasis that leadership should be based on leadership style depends on the members as well as their behavior. This brought forth newer aspects of leadership from the relationship with the behavioral aspects. For this reason, the situational leadership theory is regarded as the single best model of leadership (Thompson, and Vecchio, 2009).

The situational leadership theory stipulates that different situations of varying degrees influence leadership effectiveness. Most notably, the situations in this model vary between the task behavior and related behavior of the leaders to the followers. The task behavior refers to the degree upon which the leader clearly explains the duties and responsibilities of the followers. Task behavior is characterized with one way communication where the leader closely directs and supervises employees in their tasks. Relative to the relationship behavior, the focus is on the degree of support that the leader provides to the employers. Unlike in the task behavior, the relationship behavior uses a two way channel of communication. Here, the leader plays both the role of a facilitator and the listener. Therefore, an effective leader is the one able to determine the extent of task behavior and relationship behavior to accommodate based on employees readiness. In this context, readiness refers to the employees’ ability and willingness in directing their behavior towards the task at hand. Ability defines the knowledge, skills and experience of followers whereas willingness the confidence, motivation and commitment possessed by the followers. Therefore, situational model of leadership revolves about the task and relationship behaviors provided by the leader and the follower readiness (Thompson, and Vecchio, 2009).

As far as the tasks and relationship behaviors are concerned, their effectiveness is based four different dimensions. These are telling, selling, participating and delegating. With respect to telling, leaders should clearly define stipulate the duties and supervise them closely. Here, one way communication persist as the leader makes and announces the decisions based on what task is to do, when and how. Next to selling, the leaders encourage followers’ ideas and opinions about the task but the decision making prerogative remains with the leaders. Further to participation, leaders offer their followers support to boost their confidence and motivate them as well. Lastly, on delegation the followers should be willing and able to handle the task freely with minimum support and supervision (Thompson, and Vecchio, 2009).

On the situational model of leadership, the situational behaviors depend on the readiness of the followers. The dimension of readiness is comprised of four levels. Followers in the first readiness level are classified as unable and non-willing. This class of followers has little knowledge, skills and experience pertaining to the task. In addition they are less confident, committed and motivated to carry the task. Second level followers are those that are unable but willing. Similar to the first level followers, they are less knowledgeable, skillful and experienced about the task but are confident, committed and motivated in the presence of the leader. Third level followers are able but non-willing. In this level, the followers are able to handle the task but not willing. Finally, followers in the fourth readiness level are able and willing to carry out the task (Thompson, and Vecchio, 2009).

Situational model of leadership is mostly employed by military forces worldwide particularly the United States Air Force for the purposes of training and developing its leading officers. However, the military forces are keen to know that the skills acquired and used in one situation mostly does not apply to other situations. Therefore, the context of situational leadership model is a significant tool for providing training to leaders. Additionally, this model of leadership is presently in educational leadership. This was based on a study conducted by a district school in Ohio where the situational model of leadership was found to be the most effective form of leadership for superintendents. Taking into consideration the readiness level, superintendents led both the school administrators and principals in achieving the common goal (Thompson, and Vecchio, 2009).

As earlier mentioned, management theories of leadership involve the advancement of high levels of motivation between the leader and followers. The leadership qualities together with proper follower’s engagement are the prerequisite for effective leadership. The management leadership relationship between leaders and followers is characterized by selflessness, individual consideration and intellectual stimulation. Here, leaders support followers in developing new and specific techniques of tackling the challenges. Moreover, leaders encourage followers to aim high by providing inspiration through visions and missions. More specifically, management leadership model is based on helping followers to grow and develop at a personal level by addressing the needs, empowering them as well as aligning their goals. In turn, this enables followers to achieve extraordinary performance leading to high level of satisfaction and hence more commitment. Generally, management theories of leadership define leadership as a process of change and transformation of individuals. That is, enabling individuals to change, improve and want to be led. Therefore, this involves an assessment of the subordinate motives, valuing and satisfying their needs (Braun, Peus, Weisweiler, and Frey, 2013).

There are four components which management leadership theories base leadership on; charisma/idealized influence, inspirational motivation, individual consideration and intellectual stimulation. The above components form the basis of most research pertaining management theories of leadership (Yukl, 2013; Lussier, & Achua, 2010). To begin with, idealized influence/charisma is considered the most important component of transformational leadership theory. This is attributed to the fact that transformational leaders are seen to spearhead the vision, values, norms and purpose that make work/tasks meaningful. Thus, leaders with this attribute of idealized influence are considered to be mentors to their followers. In this regard, such leaders behave in a manner that portrays them as role models. This attracts their followers who in turn like to be identified with them as well as emulate them. In addition, such leaders have the willingness to undertake the risks and appear to be consistent other than arbitrary. Furthermore, followers expect such leaders to perform to high standards ethically and morally. The leaders’ capacity to be a role model or mentor is dependent on how leaders expose themselves to their followers in order to earn their trust (Duden, 2011). On the contrary, the idealized influence component of transformational theory is affected by uncertainty, culture, personality and dependency (Braun, Peus, Weisweiler, and Frey, 2013).

On the front of inspirational motivation, the management model portrays leaders as those who act in ways that inspire and motivate followers through encouragement. Most of the leadership studies describe this component of leadership as the capacity to inspire and motivate followers’ commitment to achieve organizational success. Through this component leaders are required to know how to inspire and motivate followers through communication either verbally or non-verbally. Thus, they must communicate as well as show commitment to the shared goals and vision of the organization. Individualized consideration is another key component of the management leadership model. This component of leadership is about providing due attention to the needs of all followers. This is meant to enhance followers’ growth and fulfillment. This component emphasizes that leaders should have the concern of all followers in an organization at heart. In this respect, leaders view the followers as humans with capacity in terms of personality and quality. This is aimed at making followers feel valued based on their inputs to the organization’s success. In return, this will influence followers to yield potential of the highest level (Braun, Peus, Weisweiler, and Frey, 2013).

Further to intellectual stimulation, this component involves simulating followers to employ intelligence, rationality, problem solving and questioning assumptions. This is stimulation is purposed to encourage and enhance creativity amongst the flowers by involving them extensively in the organization’s processes. The stronghold of this component lies in allowing followers free expressions and eliminating criticism. This enables leaders and followers to evaluate and analyze various situations from different dimensions. Overall, the effectiveness of management leadership theory is pegged in building and fostering commitment in the followers. However, this begins by gaining the trust from the followers. To gain followers leaders must embrace integrity, transparency and fairness (Braun, Peus, Weisweiler, and Frey, 2013).