Management and Leadership - Complete Controller

Effective leadership is an important element for every organization. Every company requires efficient leaders who have the skills to guide the organization in the desired direction while accomplishing the objectives of the company. According to studies, there are various management or leadership theories which include: transactional theory, transformational theory, behavioral theory, contingency theory, tri-dimensional theory, and situational theory.  Brakes Company has adopted behavioral theory for leadership management in their organization with positive outcomes.  Their implementation and results will be further discussed and reviewed. Check out America's Best Bookkeepers

Behavioral theory

According to behavioral theory, there are certain behaviors that a leader should adopt, such as:

  • Consideration of the task: leaders should know how to divide the task among their employees to maintain their productivity and meet the company’s objectives.
  • Consideration for employees: it is the responsibility of every leader to consider their employee’s interests, values, concerns, and problems rather than treating them only as sources of production.
  • Directional leadership: leaders should provide a direction for their employees to follow. They should take responsibility and make the final decision that will ultimately allow a progression towards business objectives or away from them.
  • Active participation: leaders should actively participate in the decision-making process and not rely on employees to take all the responsibility for their decision. Check out America's Best Bookkeepers /li>

Leadership strategy and organizational direction

When creating any strategy, the company should always focus on making plans long-term, knowing the competition and rivalry they may face in the future. Considering these factors, the company needs an efficient and effective leadership plan for its organization. This leadership strategy includes setting workshops, training, developing professionalism, and developing trust, belief and respect, and emotional intelligence.

Developing professionalism

The progress of every organization lies in the professional attitude of its management, leaders, and employees. Implementation of a positive and professional environment needs the active participation of leaders who can guide their employees to follow the rules and regulations of the company.

Developing trust and belief

Developing trust and belief among employees is also a major component of an effective leadership plan. The management system should properly plan to develop trust and belief among their employees, provide them with a healthy working environment, solve escalated problems, and take care to avoid discrimination.  It has been seen time and again that discrimination and favoritism among employees have a negative impact on the efficiency, morale, and overall effectiveness of the company. Check out America's Best Bookkeepers

Training programs and workshop

The introduction of workshops and training programs for employees is helpful; this will guide them on best practices and industry innovations, provide them a direction to work towards and help the company accomplish its objective. Brakes Group is already working on this perspective. They have arranged different workshops for their employees to understand the method for implementing plans that favor growth in the company.

Emotional intelligence

Emotional intelligence is a term that means the ability for people to understand the emotions of others, and it is a common trait in good leaders.  Emotionally intelligent leaders support their team in a stressful situation, peacefully evaluates the situation, and finds the resolution to the problem. Goleman has presented a theory in this respect, which includes few features: motivation, empathy, self-awareness, self-regulation, social skills, and encouragement.  By actively practicing or honing these traits, leaders can successfully implement changes and bring quality intervention into workplace policies.

Application of Goleman theory

Brakes Group has adopted the Goleman theory described above to guide their leaders. This theory has helped the organization achieve its objectives, helped the company increase effectiveness, reliability, and capability, and empowered them to increase their resources. This theory is a proper guide for a new entrepreneur or the CEO of an established organization.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers