Fundamentals of Leadership Essay Example | Topics and Well Written Essays - 2500 words - 1

Fundamentals of Leadership - Essay Example This paper presents a report on the leadership within the BMW Group in relation to various models and theories of leadership. Joachim Milberg, BMW’ CEO is a pragmatic leader who has led the company to achieve the most successful period in its history. The Great Man theory of leadership is a characteristic quality of leaders whose qualities lead to a great positive transformation of a company or business organization. The description of the qualities of leadership by Northouse (2010), illustrates that it is through the good attributes of a leader that positive change is made possible. The changes which have been brought about by Milberg especially in car production and the significant increase in sales of the company’s brands apparently illustrates that he is a great leader. Milberg can also be described in relation to the trait theory of leadership because it is through his unique traits that have made him to be a successful leader in causing positive change within the company. Milberg’s leadership traits demonstrate that he is a sensible leader who is also level headed in making leade rship decisions. It can be argued that the special traits of this leader are inherited because they are explicit and unique when compared with the previous CEO as demonstrated by his excellent performance as the CEO of BMW Group. As a result of his god leadership traits, Milberg is very respected by all members of the BMW Group. The participative theory of leadership is described by Northouse (2010) as the kind of leadership style which gives due consideration of the opinions and needs of those who are led in reaching decisions. Milberg’s leadership in the company encourages democratic or team leadership in which the management gives the employees a chance to give their views and ideas on various project issues before reaching the final decision. Therefore the company’s CEO engages the company in participative leadership. Seminars and workshops are held in the