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Running head: LEADERSHIP IN BUSINESS 1
Leadership in Business
Student's Name
Institution Affiliations
Course
Professor
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LEADERSHIP IN BUSINESS 2
SECTION 1
Leadership in Business
Business leadership is the ability to inspire confidence and motivation among team
members. It involves setting and achieving challenging goals, making tough decisions, clearly
communicating the business mission and vision to the team members in a manner the can be
easily understood (Wibbeke & MacArthur, 2013 ). Leadership is also about accommodating
different views and opinions that make every person feel acknowledged and appreciated. It
involves collaboration with other facets of the business and the seamless resolving of conflicts
(Wibbeke & MacArthur, 2013). In the first part of this assignment, I will address the leadership
style adopted and various key aspects of leadership that act as guiding principles. They include
delegation, team playing, integrity, sound decision making, among others. In the second part,
I will address the issue of ethics in leadership and how to solve an ethical dilemma.
Aim and Purpose of the team
Additionally, having been recently appointed as the head of the finance department in
the hospitality industry, my main mission and goal were to reduce operational costs, which
were escalating. I led a team of fifteen members in the accounts department. I was also
overseeing operations in 15 branches of the chain hotel. In the past, operation costs were
extremely high, and the group company has never achieved its targeted GPO despite making
good revenues. Therefore I aimed to introduce a raft of measures that would cut costs to less a
maximum of 60% of the sales revenues. As the head of the finance department, I had to obtain
ideas from my team members and introduce the raft of measures to the operation, sales, and
management team. To achieve my goal I had to ensure buy-in from the operations team.
Evaluation of the Effectiveness of my leadership
Engagement

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Running head: LEADERSHIP IN BUSINESS Leadership in Business Student's Name Institution Affiliations Course Professor Date 1 LEADERSHIP IN BUSINESS 2 SECTION 1 Leadership in Business Business leadership is the ability to inspire confidence and motivation among team members. It involves setting and achieving challenging goals, making tough decisions, clearly communicating the business mission and vision to the team members in a manner the can be easily understood (Wibbeke & MacArthur, 2013 ). Leadership is also about accommodating different views and opinions that make every person feel acknowledged and appreciated. It involves collaboration with other facets of the business and the seamless resolving of conflicts (Wibbeke & MacArthur, 2013). In the first part of this assignment, I will address the leadership style adopted and various key aspects of leadership that act as guiding principles. They include delegation, team playing, integrity, sound decision making, among others. In the second part, I will address the issue of ethics in leadership and how to solve an ethical dilemma. Aim and Purpose of the team Additionally, having been recently appointed as the head of the finance department in the hospitality industry, my main mission and goal were to reduce operational costs, which were escalating. I led a team of fifteen members in the accounts department. I was also overseeing operations in 15 branches of the chain hotel. In the past, operation costs were extremely hig ...
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