The meaning and influence of leadership to SAMSUNG Essay

The meaning and influence of drawing cardshiphip to SAMSUNG - Essay ExampleThis document focuses on the different lead theories and tools. It further illustrates the implementation of these leadership theories in Samsung to recognise the importance of leadership management. 2- Background of Samsung Samsung Group is a multinational conglomerate organization having numerous of business subsidiaries and affiliation (Samsung, 2013). Samsung is one of the prominent information engineering leaders globally. The organization operates and manages more than 200 hundred subsidiaries (Lunenburg & Ornstein, 2012). The organization has successfully sustains it market positioning in the global IT market and economy. Samsung is reported to have the largest yearbook growth and profits (Samsung, 2013). The prominent Samsung industrial subsidiaries includes, Samsung Electronics (ranks fourth largest information Technology Organization), Samsung Engineering and Samsung C & T (13th and 36th largest construction companies in the world), Samsung Life insurance (14th largest insurance organization of the world), Cheil Worldwide (15th largest advertising agency) and Samsung Everland (the oldest theme park and Everland in South Korea). The success of the organization lies in its strong leadership and strategic management. 3- literature review Trait Theory of Leadership Trait theory primarily focuses on the heritable attributes, behavior patterns and in-person characteristics of the leader (Northouse, 2010). The theory defines that the different personal characteristics and patterns fosters the leader efficaciousness in the different groups and organizational situations (Northouse, 2010). Some of the scholars argue that the leadership traits are not acquired perhaps individuals possess leadership traits that cannot be highly-developed whereas this perspective has been criticized over the period as some of the scholars believe that the leadership traits can be acquired. Leadersh ip behavior Ethical Leadership is the approach of the leaders to develop awareness about the right and wrong. It develops code of conduct for the leaders to make decisions and embed ethical attitudes and behavior (Hellriegel & Slocum, 2007). Ethical leadership allows to influences the attitudes and values, foster leaders behavior and the empowerment of employee. Contingency theory believes that the leadership style shall be appropriate with the dynamic conditions. Fielders Contingency theory states that the effective leadership is dependent on the leadership style that is changed with the changing conditions. (Lunenburg & Ornstein, 2012) The theory assumes that either the leaders are task orientated or relationship oriented the style leadership adopts shall be according to the preferences of its orientation. It suggests that the task oriented leaders are more focused on the accomplishment of the tasks, whereas the relationship oriented leaders aims to develop effective communicatio n and interpersonal relationship with its employee (Lunenburg & Ornstein, 2012). Therefore, the leaders favorability in every situation is the major concerns to develop effective leadership (Daft & Lane, 2008). Fielders contingency theory primary focuses on the leaders personality and the psychological disposition. It further suggests that it is necessary to focus on at least one element of the leader-led situations, though it does not provide a complete description about the issues, but it allows