HRM 1101 Lecture 13: HRM 13
• #5 – Transactional Leadership Theories
o Popular in the 1970s
o Also ko as ehage theories of leadership
o Based on the idea that effective leadership is based on an exchange made
between a leaders and his/her followers
o What’s alued is a utuall beneficial relationship
• #6 – Transformational Theories
o Popular starting in the 1970s
o The process by which someone interacts with others can create solid
relationships that build trust
o That trust drives motivation – intrinsic and extrinsic – in both leaders and
followers
o Leaders transform their followers through their inspirational natures and
charismatic personalities
• Level 5 Leaders
o Level 5 – demonstrates high EQ
o Level 5 Executive – Builds enduring greatness through a paradoxical blend of
personal humility and professional will.
o Effective Leader – Catalyzes commitment to add vigorous pursuit of a clear and
compelling vision, stimulating higher performance standards.
o Competent Manager – Organizes people and resources toward the effective and
efficient pursuit of predetermined objectives
o Contributing Team Member – Contributes individual capabilities to the
achievement of group objectives and works effectively in a group setting.
o Highly Capable Individual – Makes productive contributions through talent,
knowledge, and good work baits
• What is a Copetecy
o A competency is a capability or ability:
o Includes both intent and action (willingness to do something and actually doing
it)
o Can be directly linked to how well someone does on the job
• Kinds of Competencies
o Threshold competencies: those abilities that are necessary to do a job – the bare
minimum required
o Differentiating competencies: Those abilities that set someone apart and
support outstanding performance
o Technical – using tools and processes specific to a field
o Cognitive – ale to see the ig piture ad reatig a hole fro a parts
o Relational – developing strong relationships with colleagues, customers,
executives, etc.
• Keys to Effective Leadership
o Emotional competence (EQ) – effective leadership
o Power – influential leadership
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