The role of leadership in achieving business success is indisputable. Great leaders who create great businesses are "made" not "born". True leadership is learned; it is not automatic. As Warren Bennis, a leadership expert said, "A business short on capital can borrow money and one with poor location can move; but a business short on leadership has little chance of survival."
What is leadership? Let's begin by looking at definition of leadership.
Leadership involves influence, it occurs among people, those people intentionally desire significant changes, and the changes reflect purposes shared by leaders and followers.
The impact of leadership in building a successful business is quite enormous. In his quest to better define the roles leaders plays in their business or organisation, Leadership expert, John Maxwell, stipulates the five levels of leadership: The positional leader, the relational leader, the result oriented leader, the people development leader, and finally the respected leader.
The Role of Leadership in Business Success
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