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Lecture

GMS 200 Lecture Notes - Strategic Thinking, Trait Theory, Mother Teresa


Department
Global Management Studies
Course Code
GMS 200
Professor
Shavin Malhotra

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GMS Lecture #12
Chapter 13:
April 5, 2011
Contingency perspective
Which leaders do better participative or authoritative leaders?
When followers are not able, participative leaders do worse, and authoritative
leaders do better
Fiedlers Contingency Model
Leadership effectiveness depends on:
oPersonality trait
Task vs. Relationship oriented
oFavorableness of the leadership situation
Weak vs. Strong leader member relations (leader-follower relationship)
Structured vs. Unstructured tasks
Strong vs. Weak position power (are you working with the CEO or are
you working with the junior manager?)
LPC Score = Least preferred co-worker score
If your score is 73 or above, you are considered a relationship oriented leader.
If your score is 64 or below, you are considered a task-oriented leader.
If your score is between 72 and 63, you are a mixture of both
Leadership implications of the Hersey-Blanchard situational leadership model (refer to
textbook for chart)
Leadership implications of Vroom-Jago leadership-participation model (refer to textbook for
chart)
Chapter 14: Entrepreneurship
What is entrepreneurship?
Strategic thinking and risk-taking behavior that results in the creation of new
opportunities for individuals and/or organizations.
Who are entrepreneurs?
Risk-taking individuals who take actions to pursue opportunities and situations
others may fail to recognize or may view as problems or threats
Founders of businesses that become large-scale enterprises
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