Leadership In Business

Written by Hannah Lee on Saturday, 01 October 2022. Posted in Business Education

Photo by LinkedIn Sales Solutions on Unsplash  


A good leader should have qualities like being fair, passionate, selfless, and decisive. In the business field, a leader is responsible for empowering their employers by motivating and guiding them in the best way possible, as well as overseeing the company as a whole. The success or failure of the organization is in the hands of the leader, especially in a business setting where they often have many roles to fulfill to keep the business functioning and running properly. Executive roles in business include Chief executive officers (CEO), directors, presidents, and vice presidents. However, there are also more leaders in the managerial roles who oversee specific departments. 

There are five common business leadership styles that are unique to each type of situation: 

  1. “Laissez Faire” leadership, which makes the team feel more valued and less rigid.
  2. Democratic leadership, which encourages more communication and input from all team members. 
  3. The transactional leadership, which is based on a reward system. 
  4. Transformational leadership, which promotes innovation and new ideas and risks. 
  5. Situational leadership, which is flexible and manages each employee in their own style. 

One of the most successful leaders in business is Tim Cook, the CEO of Apple. Known for raking in large profits with his management strategy, Cook is ranked first as the best CEO in the world in 2022 by CEO.biz. He took over this role as CEO in 2011 after the founder Steve Job’s passing. Another successful leader in business includes Satya Nadella. Since 2014, Satya Nadella has been the CEO of Microsoft and recognized the need for change and quick change. Sundar Pichai is also a successful CEO of Google. He developed the Google toolbar and puts the benefit of people over the profit. Andy Jassy is the CEO of Amazon who recently took over the business in 2021. He led the Amazon Web Services and changed the way the business ran. 

It is clear business leaders have a major role due to their immense experience and charisma, and they are able to constantly improve their business to impact many more in the world.

About the Author

Hannah Lee

Hannah Lee

 Hannah is a Business Education Writer at Girls For Business.

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