UGBA 10 Lecture Notes - Lecture 16: Reward System, Transactional Leadership, Distributive Justice
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UGBA 10 Full Course Notes
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Norms: legitimate, socially shared standards, bases of culture. Less formal direction you give employees about how to execute strategy, the more ownership they take over their actions and the better they perform. High level of agreement among employees and high level of intensity about these values. Promote innovation and change: recruiting and selecting people for culture fit, managing culture through socialization and training, managing culture through the reward system (reward and reinforce appropriate and punish the violator) Culture woks when it is clear, consistent, and comprehends. Leadership changes the status quo (agenda setting aligning, inspiring, monitoring) and management maintains the status quo (planning, organizing, leading, controlling) Leadership: a match between what a leader offers and what followers want (might change overtime) Setting a direction vs. planning and budgeting, aligning people vs. organizing and staffing, motivating people vs. controlling and problem solving, Trait approach to leadership: focused on identifying the essential traits that distinguished leaders.