AFM280 Lecture Notes - Lecture 21: Great Man Theory, Servant Leadership, Trait Theory

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM280
• Professor: D'arcy Delamere

Document Summary

Leadership: meaning: use of power and influence to direct activities of followers toward goal achievement, understanding leadership is also good understanding of followership. Combination of leadership and management now a days is important accordi(cid:374)g to d"arcy: what people perceive them to be. Leaders are born than made great man theory: which individual characteristic will help you becomes a good leader trait theory. Something innate you can add and develop: need technical, people and conceptual skills skills theory. Conceptual skills: allows you to think and strategize, like base of pyramid: different leadership styles leadership grid. Situational leadership approach life cycle theory: contingent on matching leaders style with situation contingency theory, works in sports: where coach changes often. Leader does not change himself but leadership changes: monitor rewards and punishment transactional theory, more empathetic approach, cultivating followership transformational theory. Leader member relationship theory idk i think leader. Theory: leader member exchange theory: role taking phase, role making phase.