 Welcome learners. Today I will be discussing about leadership. So this video lecture is divided into two parts. First part will deal with the basic concepts of leadership and the second part will deal with the leadership style. After completion of this video lecture, you will be able to define leadership. You will be able to outline the characteristics of leadership. Then we will discuss about the importance of leadership and then we will discuss about the qualities of a good leader. So first let's discuss the definition of leadership. In the words of Kunso O'Donnell, leadership is the ability of a manager to induce subordinates to work with skill and confidence. This definition reflects that the primary job of a leader is to build a team for the achievement of organizational goal. Basic characteristics of leadership are it is a continuous process of influencing the followers behavior rather than a one-shot activity. So leader continuously motivates the followers to act in a proper way. It is a personal quality of character and behavior in man which make him fit to exert an interpersonal influence. There should be a group of followers for leadership function. So to become a leader you need to have some followers. It is the relationship between our leader and his followers. It may be individual and or maybe groups which arises out of their functioning for common goals. Laying down of objectives and policies for the followers, motivating them and coordinating their efforts to accomplish the objectives of all that comes under the umbrella of leadership. The style of leadership may differ from situation to situation. Sometimes leader may need to act in more autocratic way and sometimes they need to be very much flexible. The leadership influences the ability to persuade others and to motivate them for working objectively to accomplish certain specific goals. It is necessary to guide the followers in attaining common goals. Generally in organization we see that the leader or the manager of the organization, they sets the goal and then on the followers they tries to attain that particular goal. So while giving guidance the leader shows his feelings of recognition for the followers as well as conveys them the importance of their work. It is a process through which the leader exercises an influence on the members of a group. Then let's discuss the importance of leadership. Leadership is a process of influencing the behavior of member of a group. Thus effective leadership is highly essential in inspiring the people to accomplish the specific objectives. For efficient and effective functioning of an organization it needs the guidance of a good leader. So there is a need to direct the activities of the members in a certain way to achieve the specified objectives in the organization. So to become a success in the particular business or in any organization you need to have a good leader. Then let's discuss the importance of leadership in management. So one of the most important thing in management is the determination of goal. Generally the leader determines the goal for their followers. Then organization of activities that means who will perform what kind of task, how to design them, all these things were performed by the leader. Then accomplishing coordination. In any organization there are different types of departmentations, different activities were there which needs coordination among all the departments. So this task is also performed by a leader. Then providing guidance. In the time of crisis whenever any follower needs guidance the leader provides them guidance to them. Then building employees' morale. So leader acts as building moral for their employees. Then they facilitate change if any new things, new machineries, new situation arises. So leader helps the followers to overcome those situations. Then they motivates the employees because without motivation employee cannot perform well. So motivating the employees providing them proper reward and recognition is another function of the leader. Then what are the qualities required to be a good leader? First thing is a leader should have some kind of intelligence so that he can understand his followers, he can act promptly. Then the leader should take initiatives and they should have creative ability. Then they should have the power of judgment which one is good, which one is better, which things we need to suit in that particular organization. So they need to have the power of judgment. They need to have vision and foresight. They should be able to see the future like what things will be better in future. So they should be able to have better vision. Then mental and emotional maturity. They should not act emotionally or maybe like out of some crisis all of a sudden they should not take decision. They should be more matured in this regard. Then they should have the quality of flexibility. That means whenever any time of crisis arises they should be flexible for person to person. Maybe in different situation they should act differently. Then they should have the technical competence because by observing the leaders only followers will act. So the leader should have that particular competency in their own field. Then they should have the self-confidence. And the last point is they should have proper human relations attitude. If the behavior of a leader is not good then definitely people will not follow him. I think you have understood whatever we have discussed so far. See you in my next video class. Thank you.