Margaret Thatcher Leadership free essay sample

Once known as the most unpopular woman in Britain, Margaret Thatcher revived a nation that was in a state of chaos. She was the first woman elected Prime Minister of the country and the only in the 20th century to serve three consecutive terms which was the longest since 1827. Through her extraordinary vision she brought forth radical changes, not just in her country but worldwide. She had a profound and permanent impact on politics and even changed her own Conservative Parties outlook. Through challenging all ideas that were commonplace, she set a catalyst movement for the end of the twentieth century. Her groundbreaking views on monetarism and privatization manifested into one of Britains biggest contributions to political economics in the world. Transforming a defunct socialist society would prove no easy feat for this revolutionist, but through a unique turn of events a leader rises. She was also the most divisive PM of the century, earning both great reverence but also deep hatred from the divided public, particularly for her treatment of trade unions. When a young Denis Thatcher asked a bright and astute young woman to marry him, she made it very clear that she was a very different woman than most. The future Prime Minister of England had decided that she was not going to live a life through her husband. She was determined to make a difference in the world, and that she did. Margaret Thatcher was the first female Prime Minister of Great Britain, known for her hard-edged leadership style and her uncompromising political views. The Iron Lady (2011) is a film that takes a look at the leader in present time suffering from old-age dementia and, through flashbacks, explores the nature of her power and its impact on self and others. This film renewed interest in Thatcher and acts as a great basis to evaluate her leadership styles and the effectiveness of her leadership. Early Life of Margaret Thatcher: Margaret Thatcher was born on October 13th 1925 in Grantham to Alfred Roberts, who was a grocer, lay preacher and local mayor. She developed an early interest in politics and, when studying chemistry at Oxford, became president of the Oxford Conservative Association (the Conservative being one of Britain’s main political parties). She graduated in 1946 and worked for four years as a research chemist, but she studied law when not in work and became a barrister in 1954. In 1951 she married Denis Thatcher, having two twin children by him. Early Political Life: Thatcher first stood for Parliament in 1950, but won her first election campaign in 1959, winning the seat of Finchley in London, which she held until she retired in 1992. She rose within the ranks of the Conservative Party, holding a variety of positions, and entered the Shadow Cabinet in 1967. In 1970 she became the Minister for Education, advocating an increase in spending on education and the creation of more comprehensive schools, but she rose to public prominence after cancelling a programme providing free milk to primary school children which led to the nickname Thatcher the Milk Snatcher. Margaret Thatcher becomes Prime Minister: When Conservative Party leader Edward Heath lost two General Elections in 1974, Margaret Thatcher became the only cabinet minister prepared to challenge him for the leadership of the party; she was in practical terms the candidate of disaffected right wing MPs. She won, surprisingly, by 130 votes to 119, though she only gained one vote from her Shadow Cabinet colleagues. She led the party in opposition and then in the 1979 elections, winning largely because the opposition was so divided and unpopular, and because of a series of major strikes the winter before; hers was the lowest margin of victory since 1922. Margaret Thatchers First Term: Britain’s economy in 1979 was in a poor state, and Thatcher’s first term in office saw her and her chancellor adopt an economic theory known as Monetarism, while stripping away government regulations on business and subsidies. Many inefficient businesses failed as a result, leading to a rise in unemployment and inflation doubled. This she countered with a rise in taxes and a change in the money supply, bringing both a sharp fall in inflation and opposition from economists and the public. The Falklands War and a Second Victory: At this point the Thatcher government was deeply unpopular. Then, Argentina invaded the Falklands, a British island in the southern hemisphere. The ensuing Falklands War, which Thatcher ran victoriously with great patriotic fervor, boosted the popularity of her government hugely, leading, along with deep division among the Labour Party (the main political opposition), to the Conservatives winning a large majority at the General Election in 1983. Thatcherism: the Policies and Style of Margaret Thatcher: Critics have accused Margaret Thatcher of lacking a unified set of policies for much of her rule, but a set of practices and ideals have become identified with both her and her government: these are known as Thatcherism. The Thatcher government set about privatizing most of the industries run by the government, including water, electricity and the trains, selling them off relatively cheaply to new private companies. She also clamped down heavily on trade unions, passing laws designed to curb strikes, closed shops and sympathy strikes. One of the pivotal events of her government occurred in 1984: the Miners Strike. Britain’s miners protested the government closure of â€Å"uneconomic† pits. Thatcher organized Britain around the striking miners and forced them back into work with no concessions. Other aspects of Thatcherism included selling council houses to tenants, reducing social service expenses, limits on print money and a dislike of growing European federalism. She also lowered taxes. A fierce, combative approach, a strong individualism and other aspects of her personal style became closely identified with her politics. The Iron Lady: Margaret Thatcher and the Cold War: Forging a close relationship with US President Ronald Reagan, Margaret Thatcher expressed a strong anti-communism and portrayed the USSR as an evil which should be opposed; she has been criticised for firmly keeping the Cold War alive by this approach until Gorbachev arrived in Russia to end it. However, she received Gorbachev warmly. A 1976 speech from before she became Prime Minister, in which she roundly condemned communism, earned her the nickname The Iron Lady in the Soviet media, and the west soon adopted it. Third Office and Defeat: In 1984 Margaret Thatcher narrowly survived the IRA bombing of a hotel in Brighton, part of a larger campaign by the IRA for a united and independent Ireland which was, in turn, part of the larger political unrest and violence over British controlled Northern Ireland. The bombing earned her some sympathy from the British public; indeed, her second term had strongly polarised the UK, and her victory in the General Election of 1987 revealed a nation deeply divided, with almost no Tory support in inner cities. Her third term was marked by two chief friction points: a strong opposition to European Union, which divided her party, and the Community Charge, otherwise known as the Poll Tax, which was so unpopular it caused riots in the streets. With the economic situation worsening in 89-90 – there was recession and high unemployment and Thatcher undermined by the poll tax, there were doubts within the party whether Thatcher could win a fourth election. A more pro-European member of the Conservative Party called Michael Heseltine challenged Thatcher for leadership of the party. Thatcher won more votes than Heseltine, but was four votes short of outright victory and was pressurized by the party into resigning. In 1992 she left her parliamentary seat and became Baroness of Kestevan, taking a place in the House of Lords, as well as speaking publicly round the world. Her influence was felt for some time afterward, often to the frustration of her successors. In 1995 she became a member of the Order of the Garter. A series of minor strokes caused her to retire from public speaking in 2002, and she died in 2013 at the age of 87 from a stroke. Leadership Styles â€Å"The only definition of a leader is someone who has followers† Drucker (1998 cited in Edwin 2006 p. 340) Margaret Thatcher exhibited certain personality traits in her political persona such as aggressiveness self-confidence, dominance pragmatism ambition and a strong moral belief of how things should be. Klenke (1996) Trait Theory and Directive Leadership People who have been labelled as great or effective leaders have very different qualities. (Doyle and Smith, 2011) Margaret Thatcher demonstrated an ability to navigate a cut-throat world of British politics. (Wade, 2002) According to Doyle and Smith (2011) Directive leadership is characterized by leaders taking decisions for others and expecting followers or subordinates to follow instructions. In comparison the former Tory Cabinet minister Jonathan Aitken stated MT’s relationship with her colleagues never involved her exerting power over the cabinet. (Morton, 2012) Margaret Thatcher has said; â€Å"I shant be pulling the levers there but I shall be a very good back-seat driver†. (igreens. org, 2006)