Business Environment

Question: Describe about the business environment and leadership approach. Answer: Leadership Approach Leadership is defined as the power by which I can influence others so as to make sure that my organization FS Travel Tour makes the maximum benefit meeting the desired goals.Leadership authority gives me the power to rule on or regulate others behavior for the benefit of my group or organization. However leadership does not mean always executing ones dictatorship over the team or employees he/she is ruling(Dimitriadis Psychogios, 2016). Keeping this into concern; it is not ethical on the legal as well as logical grounds to execute my leadership authority every-time upon my employees. In order to ensure that FS Travel Tour reach the zenith of success; as its owner it is my responsibility to guide my team or employees in such a way that tat are able to work under comfort executing their best possible potential helping me to reach the goal which I have dreamt for my company. In this context; I would primarily adhere to Traits theory of leadership which explains that a person in order to become a competent leader must inherit character traits like self-confidence, cognitive ability, a proper and in-depth knowledge about the business world he or she is dealing, motivational spirit, flexibility, decision making ability, emotional capability, honesty and the desire to lead and expand the business(Male Palaiologou, 2012). However only possessing such traits shall not prove me a competent leader. My behavioral features (reference to Leadership Behavior) are the greatest factor which shall be guiding the best outcome of my traits. It is my duty to understand the needs of my employees and help them in the same so as to ensure that they work efficiently. Managing Information Managing information forms a fundamental role of my duty as a leader; especially during the arousal of any unexpected or crisis situation. My role here can be divided into 4 parts: Interpersonal role (which states how or which role I as a manager take up to interacts personally with my fellow employees); Informational role (which deals with a my process of exchanging information with my employees) and Decision making (dealing with the process I would prefer adhering to use the information for better decision making)(Elkin Law, 2000). Along with these roles; there are 8 fundamental steps which must be considered for maintaining trust and better information management during crisis situation. Rather than blaming my employees for the unforeseen situation which has risen, it is my responsibility to own the problem which FS Travel Tour has encountered and consider it minutely for better solutions. Also being at the authority position as the owner of the business; I should never dominate my employees because if they step back; it is me who will be suffering the loss (intervene early and often logic)(Eschenfelder Johnson, 2014). Other than these; as a leader, it is my responsibility to mind my message before marking it and also show the humanity towards my employees giving them a chance to explain their points and seek feedback before coming up with my own conclusion. If followed properly; only then can I help my Travel and Tourism business to grow. References Dimitriadis, N. Psychogios, A. (2016).Neuroscience for Leaders. London: Kogan Page. Elkin, J. Law, D. (2000).Managing information. Buckingham [England]: Open University Press. Eschenfelder, K. Johnson, A. (2014). Managing the data commons: Controlled sharing of scholarly data.Journal Of The Association For Information Science And Technology,65(9), 1757-1774. Male, T. Palaiologou, I. (2012). Learning-centred leadership or pedagogical leadership? An alternative approach to leadership in education contexts.International Journal Of Leadership In Education,15(1), 107-118.