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Showing posts with the label business environment

Charismatic leadership in a business - A contemporary theory of leadership

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 Charismatic leadership Charismatic leadership is one of the contemporary theories of leadership . It is the kind of leadership which bring high level of commitment, responsibility in the subordinates.  Charismatic leadership is the process of creating positive impact on the employees through energetic, self-assured leadership . A charismatic leader is a self-motivated highly skilled personality who has the capability of influencing the behavior of the subordinates in a way the employees feel the responsibility, work willingly to achieve the targets assigned by the leader of a group, division, or association . Charisma, charismatic leadership are some of the familiar concepts of studies in the recent times. Charisma is the power a leader should have in order to attract, influence others. A charismatic leader should be self-controlled, motivated, should have strong communication skills, should be sensitive towards the feelings of employees to understand their concerns . A ...

Barriers to effective communication in a business environmnet

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  Barriers to effective communication Communication is a process of transmitting, and understanding of information. A communication can be effective only when the receiver understands the exact information that the sender is willing to convey.  An effective communication should increase commitment in managers, and employees, should reduce misunderstanding in the organizational structure, should help them achieve the organizational goals efficiently.  There could be various barriers that obstruct an effective communication. A barrier can arise in any element of the communicational process, they provide the organization an opportunity to become more effective with the communicational process.  Information being filtered, the receiver being emotionally unstable while receiving the information, excessive information, defensiveness, language, and cultural barricades in the working environment, lack of feedbacks from the receiver, physical disabilities, lack of technolog...

BUSINESS ENVIRONMENT

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 BUSINESS ENVIRONMENT It is the surrounding of a business which affects, influences the operations of an organization.  A business environment can be classified into 2 types as the Internal environment, External environment. The internal environment The internal environment of an organization is the factors that are within the firm. These components can directly influence the business, is mostly controllable by the enterprise. The internal environment includes owners, managers, staffs, structure, culture, and resources of the organization. These factors of the internal environment create the strengths, and weaknesses of the firm . The external environment External environment consists external factors which are uncontrollable, influences on the operation of an organization. This environment generates opportunities, threats to the enterprise .   External environment can be divided into 2 types as  Micro/ immediate environment  Macro/ general environment....