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  • Essay / Importance of Leadership in Business - 1722

    However, the purpose of leadership and its existence will always remain the same. Kouzes & Posner (2007) propose that organizations need individuals who can motivate, inspire, and lead people to work together in order to follow the vision and achieve the company's goal. The business world is a dynamic and ever-changing environment that can radically transform its character depending on the needs of the parties involved. Therefore, in this ever-changing environment, leaders face dynamic and challenging situations. The challenges may differ depending on the nature of the organization and the momentary goal of the business, but the most common challenges in the world of leadership can be categorized