COMMERCE 1BA3 Lecture Notes - Lecture 9: Contingency Theory, Job Satisfaction, Unbridled

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The influence that particular individuals exert on the goal achievement of others in an organizational context. Strategic leadership: leadership that involves the ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization. Formal leadership roles: individuals with titles such as: manger, executive, supervisor, and department head occupy formal or assigned leadership roles. There is no guarantee that there is leadership, some fail to exert any influence over others. Informal leadership roles: do not have formal authority and rely on being well liked or being perceived as highly skilled and exert influence. Trait theory of leadership: leadership depends on the personal qualities or traits of the leader. Traits: individual characteristics such as physical attributes, intellectual ability, and personality: traits associated with leadership effectiveness: Sociability: limitations to the trait approach: although some traits that are associated with leadership success, traits alone are not sufficient for successful leadership.

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