INDIVIDUAL ESSAY duonghuynhbaoquyen(winnie) AEn T122WSB 6 21001145

1 SCHOOL OF INDIVIDUAL ESSAY ASSIGNMENT COVER SHEET STUDENT DETAILS Student name: Duong Huynh (Winnie) Bao Quyen Student UNIT AND TUTORIAL DETAILS Unit name: Academic English Tutorial group: Lecturer or name: number: ID 21001145 Unit number: AEN-T122-WSB-6 Tutorial day and Monday and time: Thursday Tutor Mr Gabriel Ryan ASSIGNMENT DETAILS “ How leadership impacts business organizations in the long-term?” – Title: Individual Essay Length Due Date : 1349 words date: 11/4/2022 submitted: 11/4/2022 Home campus (where you are enrolled): Campus B – 279 Nguyen Tri Phuong DECLARATION × × × × × I hold a copy of this assignment if the original is lost or damaged I hereby certify that no part of this assignment or product has been copied from any other student’s work or from any other source except where due acknowledgement is made in the assignment I hereby certify that no part of this assignment or product has been submitted by me in another (previous or current) assessment, except where appropriately referenced, and with prior permission from the Lecturer / Tutor / Unit Coordinator for this unit No part of the assignment/product has been written/produced for me by any other person except where collaboration has been authorised by the Lecturer / Tutor /Unit Coordinator concerned I am aware that this work will be reproduced and submitted to plagiarism detection software programs for the purpose of detecting possible plagiarism (which may retain a copy on its database for future plagiarism checking) 2 Student’s signature: Duong Huynh Bao Quyen Note: An examiner or lecturer / tutor has the right to not mark this assignment if the above declaration has not been signed ARO 00380 08/15 HOW LEADERSHIP IMPACTS BUSINESS ORGANIZATIONS IN THE LONG-TERM? The adventure of enterprise has evolved extensively throughout the times and will continue to happen as a result of worldwide profitable elaboration in the marketable system throughout time, especially those reflected in the field of request, trade, and macroeconomy behavior Leaders must therefore borrow and forcefully conform to the golden rule of leadership whether they're gonna prosper in their part as leaders Through cogent leadership, administrators can enhance organizational performance, productivity, as well as labor productivity of the organizations or companies Obviously, leadership is the primary defense of the organization in the long run “Leadership is a process of learning, not the position Leaders are learners and it's a continued process of learning to achieve organizational goals and objectives, and for career advancement.” (JamesA Koroma, 2015) First of all, pushing invention among workers in the business field is the opening impact of leadership association of a business in the long- term As reported by Goyal and Pitt, (2007) and Chesbrough (2013), to survive and prosper, associations must be innovative and adaptable, whether they're youthful or well-established enough Not unexpectedly, leaders have been suitable to give the frame for workers to concentrate on invention, which can help organizations and businesses to things differently to move forward and gain remarkable achievements In addition, the ability of a leader to establish a vision and sense of morality, as well as to develop effective strategies that 3 prioritize innovation at the forefront of everything is done, can also be a method of obtaining disruptive solutions that support the business apart from the competition To prove the below ideal, take Apple, for example, the colonist of Apple-Steve Jobs had a notorious quotation “ Innovation distinguishes between a leader and a follower” This quotation has brought Apple claims the top spot on the list of 50 innovative companies in the rate in 2021 As can be observed, all Apple products have been dramatically changed as well as founded in a better and further progressive outlook throughout the times As can be seen, the leaders in Apple don't only concentrate on diffusing and upgrading one product only but also attach special significance to creating and instituting further technology products to respond to the necessary needs of all guests from every age and generation Additionally, thanks to the leader of Apple with numerous inventions that can meet the demand of consumers who are concerned about the technological field, the company has now come to the peak of being one of the most successful entrepreneurs among technological businesses In summary, the invention is the chine of leadership association in numerous businesses Without innovation, the companies can not succeed and produce further achievement products and systems to contend in both profitable and political positions Not only does innovation have a vital impact on leadership organizations, but mentoring-the key to developing talents is also an essential part of success for a business when having a leadership organization According to Gusto, Gupta, Roy, & Muthyala (2012), mentoring has monstrously salutary goods on the business association in the long-term enhancement, including high situations of hand retention and leadership development, a slight drop in the development rate, as well fleetly acquainted new workers to give them more precious advice on organizational prospects As can be demonstrated, leadership styles similar to mentoring, training, or also guiding a group of different 4 characteristics are all essential factors of being effective leadership in a business Multitudinous business leaders, as offering to mature and develop into workers places also find out further information about what they suppose and want to ask for the company’s growth and association, therefore, they've firsthand experience abetting people from different backgrounds on a platoon in the business To prove this impact, according to a recent study by the Association for Talent Development, the top benefits of formal mentoring programs were high hand engagement and retention, support for the development of high-implicit workers, transnational relationship structure and collaboration, and knowledge operation and transfer Also, workers who haven't been guided have obstacles including navigating the association and a sense of bafflement, as well as depressive symptoms (Tolar, 2012; Vanderbilt, 2010) Not only that, but indeed Short (2014) in his exploration also highlighted that workers who don't have instructors or leaders are more prone to the circumstance of trade pressure, simply as a result of long-term anxiety Accordingly, especially since workers warrant guidance, support, and training in all aspects of labor advancement, they will come displeased and frustrated as a matter of fact among those hassles, leading to failure in both their task and indeed the pretensions of their enterprise These quotations mean that after completing a mentoring program, businesses will be suitable to retain further competent staff Following that, companies with high eventuality help have a lesser chance of getting profitable and successful in the long run On the other hand, without the tutoring and mentoring programs, those workers will face numerous challenges and be far down from business success and the leader’s recognition for them To conclude, for these meaningful results, the company with that study becomes more advanced and successful compared with other advanced businesses, and vice versa with the companies without leaders who believe in mentoring workers Last but not least, employee motivation is critical to an organization's performance because it ensures that human resources put out their stylish attempts to achieve the organization's pretensions 5 and objectives Leadership styles, as reported by Gopal and Chowdhury (2014), are pivotal in generating and maintaining high rates and situations of hand provocation The research "Motivation Statistics: Number in 2020" supports this view, 20% of employees work better when motivated, and 87% of them are less likely to resign or leave the business for any reason Thereby, the way that leader treats their workers can also have a favorable or negative impact on the company bottom’s line Needless to say, motivated people, especially leaders are observed to be constantly looking for ways to boost productivity and help assist overworked employees and also overtime workers in ensuring effectiveness to enhance and ameliorate the business's position in the domestic and foreign profitable request Not unexpectedly, whereas leaders give workers a suggestive and valuable price at the end of their effective efforts in all projects that bring high profits for the company, those workers will feel honored and motivated to boost their productivity, work efficiently, give further benefits choices and also make better results in numerous products It can be seen that workers act upon purposeful, precious labor, combined with contributing all their heart and mind to the expansion of business, only when they're sufficiently motivated by the leaders Also, empowerment is closely related to the work motivation of employees The fundamental goal of employee empowerment is for both of them to be willing to contribute as much as possible to the company According to Kim et al (2013) studies, among motivated help, the element of empowerment has an impact on organizational commitment Likewise, job satisfaction is told by empowerment in the same way Workers will be delighted if their employment fulfills their prospects Employee motivation, career satisfaction, as well as organizational commitment are three significant features that have been stressed as a result of multitudinous exploration studies; hence, empowerment has constantly been acknowledged as a critical factor in organizational effectiveness (Sahoo et al., 2010; Pelit et al., 2011; Kazlauskaite et al., 2012; Raub & Robert, 2013; Hanaysha, 2016) To sum up, focusing on the 6 important part of employee motivation is also the vital necessary impact of leadership organization in the business in the long-term To sum up, the technology revolution has significant consequences on leadership, not only in terms of how the leader creates a landscape, but also in terms of how change can occur and the business profit As a result, organizations must constantly focus on improvement and transformation in the ever-competitive commercial world Given the obstacles posed by competing enterprises on the market, leadership is critical Leadership is a force that directs organizational operations and coordinates personnel in order to fulfill a company's goals To achieve good performance, leaders and followers must have a strong relationship REFERENCES LIST Ang, C (2021) Ranked: The Most Innovative Companies in 2021 Visual Capitalist Retrieved April 2022, from https://www.visualcapitalist.com/ranked-the-most-innovative-companies-in-2021/? fbclid=IwAR1Iwb1LC-U4lz8RrKEHwde7jLuUD_EsExuU67UQERRY9by1GGTR0PmzSdw Dash, Mihir & Gupta, Birjendu & Roy, Shongita & Muthyala, Arpana (2012) Research Issues in Mentoring for Leadership Development in Organizations SSRN Electronic Journal 10.2139/ssrn.2047697 Ijecm.co.uk (2017) Retrieved April 2022, from http://ijecm.co.uk/wp-content/uploads/2017/11/5113.pdf James, A (2015) Management and Leadership Impact Organization Performance Linkedin.com Retrieved April 2022, from https://www.linkedin.com/pulse/management-leadership-impact-organizationperformance-james-a- 7 Moore, J H., & Wang, Z (2017) Mentoring Top Leadership Promotes Organizational Innovativeness through Psychological Safety and Is Moderated by Cognitive Adaptability Frontiers in psychology, 8, 318 https://doi.org/10.3389/fpsyg.2017.00318 Mentoring key to developing talent | Event Garde Eventgarde.com (2018) Retrieved April 2022, from https://eventgarde.com/blog/entry/mentoring-key-to-developing-talent? fbclid=IwAR0H36lb8B8vnfT78lPaO4xbtiH_7TNJjWk1D9uQRLj0E5fjPIqk4s_1fpA Motivation Statistics 2022: By the Numbers | TeamStage TeamStage (2022) Retrieved April 2022, from https://teamstage.io/motivation-statistics/ MARTA, I (2021) Job Enrichment, Empowerment, and Organizational Commitment: The Mediating Role of Work Motivation and Job Satisfaction Koreascience.or.kr Retrieved April 2022, from http://koreascience.or.kr/article/JAKO202100569472369.page Scholarworks.waldenu.edu (2018) Retrieved April 2022, from https://scholarworks.waldenu.edu/cgi/viewcontent.cgi?article=7139&context=dissertations ... Pelit et al., 2011; Kazlauskaite et al., 2012; Raub & Robert, 2013; Hanaysha, 20 16) To sum up, focusing on the 6 important part of employee motivation is also the vital necessary impact of leadership... Satisfaction Koreascience.or.kr Retrieved April 2022, from http://koreascience.or.kr/article/JAKO202100 569 472 369 .page Scholarworks.waldenu.edu (2018) Retrieved April 2022, from https://scholarworks.waldenu.edu/cgi/viewcontent.cgi?article=7139&context=dissertations... Mentoring for Leadership Development in Organizations SSRN Electronic Journal 10.2139/ssrn.204 769 7 Ijecm.co.uk (2017) Retrieved April 2022, from http://ijecm.co.uk/wp-content/uploads/2017/11/5113.pdf