Change is as good as medicine. Leadership is the act of leading a group of people toward a given objective. Leading the team in a monotonous policy may not conduct an organization into leaping high yield as per their objectives and goals ( Mayhew, 2017 ). It's due to that that most leaders have embraced change in leadership. These changes may directly or indirectly affect the business goals.
Some of the reasons for these changes in leadership include the basic one which is retirement from the business handing over the regime to the next of kin. Secondly, it can be due to business growth where new skills need to put into a test to lead the top management. Thirdly it can be due to business slowdown in its activities ( Mayhew, 2017 ). Lastly, it can be due to developments in new products.
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Business growth is one of the major long-term goals. Depending on the leadership performance the business can monitor its ability to penetrate the market and expand it. Changes in the leadership quorum may give implication on whether the business will manage to penetrate into the market and expand it or it will bring over the negativity aspect.
Business operations all lie on the leadership. A change in the leadership quorum may improve the business operations toward its objectives and goals ( Mayhew, 2017 ). For example, in a situation where the business isn't giving the best service to its customers what to check will be the leadership of the business.
Change in the leadership may alter members of staff and the employees. They are not certain whether the new leader will be contented with the current workforce or will adjust their activities. Any changes made may affect the workforce satisfaction, morale, and the turnout.
References
Mayhew, R. (2017). Change in Senior Leadership & Its Effect on Achieving Business Goals . Smallbusiness.chron.com . Retrieved 31 October 2017, from http://smallbusiness.chron.com/change-senior-leadership-its-effect-achieving-business-goals-44696.html