MGM101H5 Chapter Notes - Chapter 10: Transformational Leadership, Strategic Thinking, Social Skills
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MGM101H5 Full Course Notes
Verified Note
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Document Summary
Leadership- the process of motivating, influencing, and directing others in the organization to work productively in pursuit of organization goals. Managers are concerned of doing things right. Effective leader the ability of a leader to get high performance from his or subordinates influence- how much power can the leader acquire, how can that power be used to influence others. Trait- trying to identify the traits of effective leaders. Behavior perspective- assets that certain behaviors are related to being an effective leader. The contingency perspective- argues that the appropriate behaviors for a leader to adopt depends on context. Transformation perspective- transforms the organization through their vision. They know how to use power to win over important constituencies to their cause and to remove or neutralize obstacles to their strategies. Refers to the cognitive ability to analyze a complex situation, abstract from it, and draw conclusions about the best strategy for the firm to follow.
