BU288 Lecture Notes - Lecture 12: Job Satisfaction, Transformational Leadership, Charismatic Authority

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Components in leadership: influence: using power to affect others, process: two-way, interactive process, group: leadership requires followers, common goal achievement: directing a group of people toward the achievement of something together. Strategic leadership: leadership that is concerned with the future of the organization. Involves the ability to anticipate (challenges and opportunities), envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future. Formal leadership: manager, executive, supervisor, they are expected to influence others, and they are given specific authority to direct employees. Leadership theories: trait theories: characteristics of the person, personality traits, social traits, physical characteristics, can we select the right people to be leaders, situational/contingency theories: situations affect leadership, example: path-goal theory, behavioral theories: way the leader acts. Leaders: coping with complexity vs. change, regulatory vs. inspirational role, setting objectives vs. visions.

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