The Importance Of Leadership And Management

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What is a leader?
A business is comprised of a few core processes, one of them being leadership and management. For the purpose of this paper, leadership and management will be used interchangeably as they have similar functions and roles in a business. Leaders are principal players in an organization. They help guide others to pursue a desired goal and, many times, they are also the visionaries of said goals. They use their role to help inspire and motivate fellow employees to reach desired outcomes. Leadership is a necessary talent in the road to success of an organization.
Most every one, at some point, exhibits some form of leadership in their day to day lives. However, to be a good leader for an organization means to possess certain attributes that set them apart from the rest of the ‘every day’ leaders. Good leaders are people who have a vision, strategize and set goals to reach desired vision, and help coordinate and motivate employees to achieve these goals. Aside from being visionaries, they also have good interpersonal skills which constitute of being good listeners, communicators, team-players, and being observant of the surrounding internal and external environments. Good leaders also possess informational and decisional …show more content…

It’s a profit corporation still currently managed by Mark Zuckerberg. Majority of the company’s revenue is earned from advertisements, while the rest come from virtual gift shops and Facebook credits. As of March 2016, there were approximately three million active advertisers worldwide to account for the organization’s earnings and in 2015, the company earned nearly 18 billion dollars, which resulted in a revenue growth rate of 44%. The company continues to succeed and has so far has purchased Oculus VR, a company specializing in technology and virtual reality, Whatsapp, and Instagram- all related to social

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