MGT 305 1nd Edition Lecture 20 Outline of Last Lecture I What is leadership a Defining features II Criteria of Leadership III Leadership across time a Traits approach b Skills and Styles approach Outline of Current Lecture I Style Approaches II Situational and Contingency Approaches to Leadership a Contingency Theory b Situational Leadership Theory c Path Goal Theory III Leader Member Exchange Theory IV Charismatic and Transformational Leadership a The 4 I s Current Lecture Leadership 2 Style Approaches what leaders DO Which style is best It depends o On outcome of interest o On cultural context Situational and Contingency Approaches to Leadership Effective leadership is all about matching leadership behaviors to situational or follower characteristics These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute o No one right way all about the match Contingency Theory Fielder o Leader style is fixed have to match right leader with right style to the followers Situational Leadership Theory o Leaders have many styles each must choose the right style based on follower readiness Defined by competencies as well as commitment to the goal Path goal theory o Leaders must recognize and remove roadblocks to help their followers have a clearer path to the goal Directive clarifying and giving expectations setting clear guidelines on what is expected Want authority good for low employee ability good with complex ambiguous tasks Supportive being supportive of pursuit Don t want authority good with simple tasks Achievement oriented goal is to motivate followers to reach higher performance giving challenging assignments Want involvement good with complex tasks Participative including subordinates in decisions soliciting input Good with high employee ability The best style is chosen by a mix of characteristics of both the leaders followers and environment Leader Member Exchange Theory LMX All about the DYDADIC relationships between leader and followers o Idea that leaders have certain followers who are part of the in group and those part of the out group o In group may receive more info more attention and perform higher o Out group may suffer developmentally Leaders can select in group based on performance criteria or based on who the leader likes preference friends Leaders tend to focus on in group but the people that need the most support are the out group important to not just focus on high performers Charismatic and Transformational Leadership Charismatic Leadership Theory Transformational Leadership Theory o Effective leadership is about transforming individual efforts and goals to group efforts and goals change future oriented o Transactional leaders vs Transformational leaders Transactional focus on rewards and punishment Mediocre leadership at best Transformational use intrinsic motivation components appeal to needs of employees Necessary for reaching highest potential The 4 I s of Transformational Leadership o Idealized influence charismatic o Inspiration providing a vision o Individualized consideration employee consideration o Intellectual stimulation challenging