aper discusses some of the most important aspects of good leaders and also management strategies for making teams work effectively and successfully to help them achieve their goals.
Strategies are important as it will not only help the organization achieve their objectives but also make the new comer in a team feel comfortable and more productive. Edith Penrose (1959) was one of the earliest academics to argue that “what happened inside the firm was just as important as the marketplace outside the firm”. In fact till this concept came out the main focus of economics had been upon the marketplace outside the firm, with a detailed consideration of market demand and supply issues. Penrose argued that the growth of the firm was related to its use of resources, its past history and its evolution over time. He emphasised that the previous history was a key influence on future development. There are several issues that need to be kept in mind while the strategies are formulated. It is essential that different individuals have different potentials and these strategies need to help them bring out their full potential to accomplish the goals of the organization.
Supervisors and managers who have the responsibility to lead a group face the challenge of being part of a group while simultaneously leading it. It is very difficult to do well and demands for a mix of skill, hard work, plan, and discretion (Rockall and Gertsch, 2001). The main responsibility is the management of the team: ensuring safety, while providing an experience for the members. Their focus is to work to make the team run easily and work together to ensure the project aims are met. A good leader recognizes that they cannot do everything and they have to involve their team. Many of the leader’s responsibilities can be delegated to members of the team.
When managing the team, leaders must continuously assess team members’ needs, potential, and abilities and must consider those factors when allocating