BUSMHR 3200 Exam 3 Study Guide Leadership K F chapter 14 I A Key Concepts 1 Leadership Basics 1 a Leadership The process of providing direction and influencing individuals or groups to achieve goals 1 leadership differentiates you from other candidates b Many different leadership theories many approaches because many ways to do leadership c Many different types of leaders d Management vs Leadership both are important for organizational success important to know what situations require which skills 1 management more focused on planning Focused more on the current a b Promotes stability and efficiency c Management skills Planning Organizing Analytical thinking Communicating informing d Keeps the trains running on time 2 leadership looking more toward future change Focused more on the future a b Promotes change and adaptation c Leadership skills Strategic thinking Conceptual thinking Innovation creativity Inspiring 2 Theories of Leadership a behavioral theories of leadership 1 The Ohio State Leadership Studies world famous first studies a 2 types of behaviors consideration behaviors leader behavior associated with creating mutual respect or trust and focuses on a concern for group members needs and desires initiating structure behaviors leader behavior that organizes and defines what group members should be doing to maximize output 2 U of Michigan Studies look at behavioral differences between effective and ineffective leaders a 2 types of behaviors that parallel the behaviors identified by the OSU studies employee centered job centered 3 Managerial Grid i ii i ii b situational leadership the leadership style that is most important for you to show depends on the situation 1 2 a contingency theory aka it depends 3 2 a ex teaching someone to drive c path goal theory leadership behaviors also a contingency theory what the leader does depends on the situation 1 Directive leadership 2 Supportive leadership 3 Achievement oriented leadership 4 Participative leadership 5 Upward influencing leadership try to work with people at your level or higher The most appropriate type s of leader behaviors are situation specific other types of leadership d 1 Laissez faire Leadership let it be a Not assuming leadership responsibilities b NOT a way to lead 2 Transactional Leadership a Clarifying role requirements task requirements accountabilities etc b Providing positive and negative rewards for performance 3 Transformational Leadership organizational goals a Provides a transformational change in engagement of organizational members toward i transform the organization by doing 3 things a have a clear and compelling vision for the future b communicate vision so others can understand c mobilize commitment get people committed b Not a substitute for transactional leadership but a complement to it c Transformational leaders are often strong charismatic leaders as well i characteristics of charismatic leaders Self confidence a b Vision c Ability to articulate the vision and make it real to others d Strong convictions about the vision e Behavior that is out of the ordinary f Strong abilities to manage change g Environment resource sensitivity 3 contemporary views of leadership a what behaviors define a great leader 1 perception is everything 2 be able to hold people accountable 3 patience believe in others 4 passionate 5 lead by example even with not easy 6 decisive be able to make decisions b Kouzes and Posner s Leadership Practices Practices challenging the process inspiring a shared vision enabling others to act modeling the way encouraging the heart Commitments 1 search out challenging opportunities for change 2 experiment take risks and learn from mistakes 3 envision an uplifting and noble future 4 enlist others by appealing to their values interests hopes and dreams 5 6 strengthen people by developing and empowering them 7 model value driven behavior 8 achieve small wins to promote commitment 9 recognize individual contributions to success 10 celebrate team accomplishments regularly foster collaboration and build trust c Lincoln on Leadership 1 People 3 Get out of the office and circulate among the troops Build strong alliances Persuade rather than coerce 2 Character 3 Endeavor Honesty and integrity are the best policies Never act out of vengeance or spite Have the courage to handle unjust criticism Be a master of paradox Exercise a strong hand be decisive Lead by being led Set goals and be results oriented Keep searching until you find your Grant Encourage innovation a b c a b c d a b c d e a b c 4 Communication Master the art of public speaking Influence people through conversation and storytelling Preach a vision and continually reaffirm it d The Extraordinary Leader Model 1 Empirical analysis suggests five primary dimensions of leadership behavior a Character b Personal Capability c d e Ability to Lead Organizational Change as required Focus on Results Interpersonal Skills e The 3 Ps of Effective Business Leaders 1 Passon Have a personal passion for what they do They d continue to do it if they were independently wealthy They d also continue to do it if they were compensated very little 2 Performance They hate to lose They keep score and they set high standards As much as they 3 Principle Cheating in order to win doesn t count When faced with a decision that puts profit ahead enjoy winning they hate losing even more of principle principle will always win a A Simple Truth About Leadership Excellence Leadership excellence starts with the decision to be a great leader with an explicit commitment to greatness 4 leadership excellence 5 development strengths a conclusions from the research 1 Non linear relationship between leadership behavior and business results 2 Three groups of leaders similar contribution levels within each group a b c Poor to Fair bottom 20 Good middle 60 Great upper 20 3 Great leaders contribute significantly more than good leaders 4 Great leaders are characterized not by the absence of weakness but by the presence of recognized strengths generally 3 5 Moving from good to great better than from good to more good 6 Movement from good to great happens by building your strengths Findings suggest we need to broaden our view of development A Broadened Approach to Development b 1 Evaluate your current effectiveness and ability to contribute 2 3 Determine your best mix of development actions Identify your areas of strength and weakness Fix any derailers or fatal flaws that will cause
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