Contemporary Leadership and the Challenges It Faces Essay

Contemporary Leadership and the Challenges It Faces - Essay Example The researcher states that an effective leader is one who is able to train, equip, select, influence his or her followers with diverse skills, abilities, and shape them to be effective workers to ensure that the organization achieves its goals and objectives. Leadership styles are changing rapidly to enable leaders to address the contemporary challenges. This essay aims at evaluating contemporary leadership and the challenges contemporary leaders face in luxury hotels. The current models of leadership include transformational, charismatic, and transactional. Transactional leadership model basis on service exchange for several types of rewards that leaders control. Transactional leaders are those who are able to determine the kinds of rewards that will motivate employees and enable them to meet their objectives and goals. On the other side, transformational leadership refers to the actions that transformative leaders create to empower participants who take part in the process. Transfo rmational leaders have the capability of bringing up significant change to his or her followers. That is, transformational leadership facilitates redefining of individuals’ goals and objectives, renew their dedications, and restructure their process of accomplishing their goals. A charismatic leader has supernatural powers over his or her subordinates. According to Conger and Kanungo, a charismatic leader is a leader who has extraordinary and profound impacts on his or her subordinates due to his or her personal abilities. The subordinate staff of a charismatic leader has loyalty and trust towards the values, visions, and characters of the leader. Charismatic leaders make use of their powers rather than positional powers to encourage subordinates to achieve the organization’s goals and objectives. According to contemporary leadership theories, current leaders should ensure the dynamic relationship between them and their collaborators for leading both parties to extreme levels of moral growth and development and motivation hence evoking â€Å"true† change in an organization.