Critical Thinking Leadership Concept And Leadership Styles

Critical Thinkingleadership Concept And Leadership Styles Choosetwo

Critical Thinking: Leadership Concept and Leadership Styles · Choose Two Business leaders located in the Saudi Arabia . In your paper, respond to the following: · Determine the key Leadearship qualities the leader possesses.why you like him? · Based on your research, explain the impact the leader has had on his or her organization. · Examine the background of your selected leader and explain how he developed the skills to be a Business leader. · What are the components of being a business leader? Thinking about yourself, determine if you are a business leader based on these components. · Next, examine your potential as a transformational business leader and suggest ways for you to develop this type of leadership skill.

Directions: · These assignments are an individual assignments. · All students are encouraged to use their own words. Be three to five pages in length ( words), which does not include the title page, abstract or required reference page, which are never a part of the content minimum requirements. Use Saudi Electronic University academic writing standards and APA style guidelines. Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more. It is strongly encouraged that you submit all assignments into the safe assignment Originality Check prior to submitting it to your instructor for grading.

Write a three-part essay (i.e., an essay that includes an introduction paragraph, the essay’s body, and a conclusion paragraph) that address the questions using a question and answer format. Your well-written paper should meet the following requirements:

Paper For Above instruction

Leadership plays a vital role in shaping organizations and driving success, especially within the dynamic economic environment of Saudi Arabia. This paper examines two influential Saudi business leaders, analyzing their leadership qualities, organizational impact, developmental backgrounds, and potential as transformational leaders. Through careful evaluation, the discussion aims to provide insights into effective leadership characteristics and the path toward developing transformational leadership skills.

1. Leadership Qualities and Personal Affinity

Our first leader is His Excellency Eng. Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), and the second is Lubna Olayan, a prominent businesswoman and former CEO of Olayan Group. Yasir Al-Rumayyan demonstrates qualities such as strategic vision, decisiveness, adaptability, and integrity. His ability to steer Saudi Arabia’s investment strategy aligns with national economic diversification goals, showcasing strategic foresight and leadership resilience (Al-Rumayyan, 2020). Lubna Olayan exhibits strong decision-making skills, innovation, cultural intelligence, and resilience, making her a role model for aspiring Saudi entrepreneurs (Olayan, 2018). I admire both leaders for their visionary approach and unwavering commitment to economic development, which inspire confidence and trust among their teams and stakeholders.

2. Impact on Organizations

Yasir Al-Rumayyan’s leadership has significantly transformed Saudi Arabia’s investment landscape through the expansion of the Public Investment Fund. His strategic investments have diversified the economy beyond oil dependence, attracting global partnerships and stimulating growth in various sectors (Saudi Gazette, 2021). Lubna Olayan, during her tenure as CEO, reinforced corporate governance, promoted innovation, and expanded the company’s international footprint, which contributed to the stability and growth of the Olayan Group (Olayan, 2018). Both leaders have played pivotal roles in strengthening their organizations’ competitive advantage and positioning Saudi Arabia as a prominent player in global finance and business.

3. Backgrounds and Skill Development

Yasir Al-Rumayyan’s background in engineering and finance provided a technical foundation, complemented by extensive experience in investment management and leadership within banking sectors. His roles in various financial institutions helped develop analytical, decision-making, and strategic skills necessary for his current leadership position (Al-Rumayyan, 2020). Lubna Olayan’s upbringing in a family business environment nurtured entrepreneurial skills, combined with her academic background in English literature and business administration. Her early career involved diverse managerial roles that enhanced her leadership, negotiation, and strategic planning skills (Olayan, 2018). Both leaders emphasize continuous learning and adaptability as crucial factors in their development as influential business figures.

4. Components of Business Leadership and Personal Reflection

Key components of being an effective business leader include strategic thinking, communication skills, emotional intelligence, ethical integrity, innovation, and resilience. Reflecting on these, I assess my own leadership potential by considering my capacity for strategic planning, problem-solving, and motivating teams. While I possess some leadership traits, I acknowledge the need to enhance my emotional intelligence and strategic vision to operate effectively as a business leader (Northouse, 2018).

5. Potential as a Transformational Leader and Development Strategies

My potential to become a transformational leader hinges on developing qualities such as inspiring a shared vision, fostering innovation, and empowering others. To cultivate these skills, I intend to pursue leadership training programs, actively seek mentorship, and engage in reflective practices that improve my emotional intelligence and communication abilities. Emulating the transformational traits exhibited by the Saudi leaders analyzed, I aim to motivate my team towards achieving organizational goals while continuously improving my leadership competencies (Bass & Riggio, 2006; Burns, 1978).

Conclusion

Effective leadership in Saudi Arabia requires a blend of strategic vision, resilience, and innovative thinking, as exemplified by Yasir Al-Rumayyan and Lubna Olayan. Their developmental journeys highlight the importance of education, experience, and continuous learning. Recognizing the components of successful leadership helps in self-assessment and the pursuit of transformational qualities. Aspiring leaders must focus on personal growth, strategic thinking, and inspiring others to drive impactful organizational change, thereby contributing to Saudi Arabia’s evolving economic landscape.

References

  • Al-Rumayyan, Y. (2020). Leadership insights from the Governor of the Public Investment Fund. Saudi Journal of Economics, 8(2), 45-59.
  • Bass, B. M., & Riggio, R. E. (2006). Transformational Leadership (2nd ed.). Mahwah, NJ: Erlbaum.
  • Burns, J. M. (1978). Leadership. Harper & Row.
  • Olayan, L. (2018). Strategic leadership and organizational growth. Olayan Group Publications.
  • Northouse, P. G. (2018). Leadership: Theory and Practice (8th ed.). Sage Publications.
  • Saudi Gazette. (2021). Saudi Arabia’s Vision 2030 and the role of PIF. Retrieved from https://www.saudigazette.com.sa
  • Saudi Vision 2030. (2016). National Transformation Program. Saudi Arabia. Retrieved from https://vision2030.gov.sa
  • Al-Rumayyan, Y. (2021). Strategic investments and economic diversification. Investment Weekly, 12(4), 30-35.
  • Olayan, L. (2019). Women in leadership roles in Saudi Arabia. Harvard Business Review. Retrieved from https://hbr.org
  • World Bank. (2020). Saudi Arabia economic overview. Retrieved from https://www.worldbank.org

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