COMMERCE 1BA3 Chapter Notes - Chapter 9: Unbridled, Transactional Leadership, Role Conflict

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 1BA3
• Professor: Frances Tuer

Document Summary

9. 1 define leadership and discuss the role of formal leadership in organizations: leadership occurs when an individual exerts influence on others" goal achievement in an organizational context. Strategic leaders can provide a sustainable advantage in turbulent and unpredictable environments and by exploiting growth opportunities. Strategic leaders are open and honest in their interactions with the organizations" stakeholders and they focus on the future. Informal leaders are people who exert influence without a title, and as such must be well liked or perceived as being highly skilled. Of the big five dimensions of personality conscientiousness and extraversion are the most consistent predictors of leadership effectiveness: although some traits are associated with leadership success they are not sufficient for successful leadership. Leader behaviours have a greater impact on leadership effectiveness than leader traits, and unlike traits, behaviours can be learned and developed.