LeadershipTheory and Practices

Question: Discuss about theLeadershipfor Theory and Practices. Answer: Introduction: It is an assumption that leadership is the ability to lead any group of people. There are many views related to leadership like some people think that leadership is to guide its followers every time and some thinks that leadership is to motivating its members for doing best in any particular task. Leadership is a process in which a person leads and influences an individual, a group or a party to achieve a common goal or objective (Northouse, 2013). Starting with first theory leadership, Trait theory of leadership consists of the study of leaders qualities like motivation, honesty, self-confidence, knowledge of business, ability to perform any task which drives that leader to the path of success. Relating to Indra Nooyi, She has all those traits that a good leader should have to run the organization. She is a daring and unafraid lady as she always asks questions which are important for the company. Apart from this, she has a motivating slogan too: Performance with purpose (Stevenson, 2015). She has courage, competence, confidence and strong emotional intelligence. She always has a vision for growing PepsiCo. She is a strategic thinker and this made her a right leader for the PepsiCo. Second theory of leadership is behavioral theory. By the behavioral theory, it can be evaluated that what the styles leaders adopt in their leadership style to motivate their employees and how a leader behaves on any particular situation. Relating to Indra Nooyi, It can be easily observed that she has the combination of heart and mind in her leadership style. She always develops a relationship with her partners and customers and takes such decisions that would be beneficial for the society. She always has a balance when she takes any decision that it should be beneficial not only for the company but also for the staff (Fortune, 2016). According to contingency theory, this theory, there is no any proper way to lead any organization. It depends upon the situational factors and how the leader reacts upon that factor. In the case of Indra Nooyi, She is a charismatic leader. She always takes care of her employees and also motivates them time to time. She gives creative ideas according to the situations. Transformational leadership covers every department of organization like team, divisions, or whole part of organization. Transformational leader should be inspiring, daring, motivating and deep thinker. Indra Nooyi always takes initiative in every task and because of this quality; her employees are influenced by her leadership style. She is a deep thinker and always thinks about the welfare of the employees. Because of her leadership, company got good results in market. The sales of product have been increased and it gave high employee satisfaction also. Followership Followership is one of the parts of leadership. It consists of the study of the nature and effect of the followers while following any leader. It includes the behavior of the followers with their leader so it is very crucial part of the leadership. Followers can be dependent, independent, critical thinker or uncritical thinker. Followership builds leadership, it strengthens leaders and sometimes it creates leaders (Hurwitz Hurwitz, 2015). Power is a very crucial term used in the organizations to achieve the purpose and goals of the business. It consists of the opportunity to create, build the skills of any particular person in a different direction. She was ranked no. 4 on forbs magazine of 100 most powerful women in the world (Fortune, 2014).Relating to Indra Nooyi, she always takes decisions in tough time with her innovative and creative thinking and also uses the combination of heart and mind while taking decisions. If she decides something, she always tries to fulfill that. Influential leadership consists of an ability of a leader to attract and motivate the followers by his or her views, thoughts and actions so that they can achieve their goals. As a leader, Indra Nooyi has an inspiring and influencing personality. She influences her employees with some mantras which are very motivational like No limits what you can do and Aim high and put your heart into it (Thomas, 2016). She always says to the employees to be calm and accept all responsibilities. Followership is a very important part of leadership because it makes a leader. The success of any organization depends upon the followership because it tells that how followers follow their leaders (Peterson2013).Relating to Indra Nooyi, she is a lady with confidence and courage. She always says and acts on those things that she believes it is right. Her employees and followers like this quality of leadership and follow her. She builds skills in her employees so that they can be prepared for the upcoming situations. The result is that it increased the employee satisfaction and improved work conditions. Change Management Change and management both are inter-related. An effective management can create a big change in the future of any organization. Change management consists of all activates dealing with far-reaching changes, to make changes in all kinds of mid and long term management activities (Reiss, 2012). Kurt Lewins model talks about behavioral aspects of the people or employees in three different stages: Change, Refreeze and Unfreeze. Figure 1: Kurt Lewin's Model (Source: Mancala, 2013) In PepsiCo, Indra Nooyi has done major changes related to volatility, complexity and speed and this is the way of her success. With the transformations, she also has maintained the culture of the company which is unfreezing. PepsiCo is a popular company with its brand name and a good history. According to her, time is changing and consumers are moving towards healthy and nutritious and healthy food so it is our duty to empowering our customer by balancing culturally and economically (Dienel, 2014). Kotters model has 8 essential steps to bring change in the organization. In organization, a successful will occur when there will be a commitment, clear vision, good leadership, clear communication, openness. She has done major changes in strategy of PepsiCo by maintaining the culture of the company. She is a leader of effective communication and takes situation according to the situation. Figure 2: Kotter's Model (Source: Vliet, 2014) Indra Nooyi has courage to make changes and she had taken right moves and delivered right decisions for the company. She creates a sense of her decisions which creates profit for the company. Although she is CEO of the PepsiCo but she always guide to her employees when the need. She has a strategic vision because her purpose is to fundamentally changing how to make money in order to deliver performance (Ignatius, 2015). Conceptual model shows that leadership skills, behavior of the leader, strategies which are adopted, vision of the leader are the factors that can impact the performance of the organization. Indra Nooyi is a good leader. Since she become CEO, the sales of the company has increased. She has an emotional part also as she writes letters to the parents of employees and thanks them for their children. Her strategy to expand PepsiCo has given the result that PepsiCo is the second largest food and beverage company in the world. Conclusion From the above discussion, it has been analyzed that Indra Nooyi, the 5th CEO of the PepsiCo is a great leader with a good combination of mind and heart. She always takes initiative and adopts innovative strategies to grow her business. She is a self-confident lady and never afraid of asking questions which seems to be important for the business. References Dienel,E.,(2014). How PepsiCo promotes transformation. Retrieved on 12th August 2016 from https://www.greenbiz.com Fortune (2014). The most powerful women in business. Retrieved on 12th August 2016 from. https://fortune.com Fortune, (2016). Indra Nooyi Leadership. Retrieved on 12th August 2016 from https://fortune.com Hurwitz, M., Hurwitz, S.(2015) Leadership is a half story (1st), UK: UTP Publishing Ignatius,A., (2015). How Indra Nooyi turned design thinking into Strategy. Retrieved on 12th August 2016 from https://hbr.org Northouse, P.,G.,(2013).Leadership:Theory and Practices(7th), USA: Sage Publication Peterson,G.,(2013). Leadership 310: The Four Principles of 'Followership'. Retrieved on 12th August from https://www.forbes.com Reiss.M.,(2012). Change Management (1st),Noderstedt: Books on demand GmbH Stevenson, A.,(2015). Indra Nooyi: The secret to Pepsi's innovation, Retrieved on 12th August 2016 from https://www.cnbc.com Thomas,P.,M.,(2016). A learning CEO can power through tough times. Retrieved on 12th August 2016 from https://www.forbes.com