Key Factors of Leadership Assignment Example | Topics and Well Written Essays - 4750 words

Key Factors of Leadership - Assignment Example Technology has transformed healthcare organizations into networks, and large companies are increasingly made up of people running small business units. A leader with change management skills means someone who can successfully steer a team, department or healthcare organization through any kind of metamorphosis. Disruptive innovations are changing the business landscape overnight and knocking market leaders out of position for failing to better understand and manage the evolution of their business. Leaders need not only to look after their own employees but also the suppliers and competitors who are seen as stakeholders and need to be managed differently.The Nature of Changeâ€Å"Change† is the popular word these days especially in healthcare organizations. It may be described as radical change, or frame-breaking change, incremental change or frame-bending change (Kolb, 1992). To achieve change in healthcare organizations, leaders adopt different strategies. These may be forced -coercion, rational persuasion or shared power strategies. A force-coercion strategy uses legitimacy, rewards, and/or punishments as primary inducements to change. Whereas, in rational persuasion strategy; the leader attempts to bring about change with special knowledge, empirical support, or rational arguments (Kolb,1992) In shared power strategy for change accommodation, the leader actively and sincerely involves other people who will be affected by a change in planning and making key decisions in respect to it. It is sometimes also called normative-re-educative strategy. Any change must bring a different corporate culture and therefore different expectations from the employees in terms of their behaviour and working attitudes. It encompasses all factors of corporate culture. A corporate culture may be defined as "the underlying assumptions, beliefs, values, attitudes, and expectations shared by the members of a healthcare