SMO405 Study Guide - Final Guide: Parental Leave, Canadian Imperial Bank Of Commerce, Equal Pay For Equal Work
Document Summary
Leadership is one of the four core functions of management (planning, organizing, leading, Leading: directing and motivating all involved parties and resolving conflicts. Why does leadership matter: highly visible, valuable, and impactful, for organizations, studies link successful leadership to higher productivity & profitability, enhanced reputation, for employees. Links to higher employee satisfaction and lower turnover: organizations spend millions of $ to develop effective leaders. Studies suggest gender stereotypes play a key with regards to women in senior/visible leadership roles (e. g. men seen as more decisive, confident, skilled vs. women more emotional, compassionate, communal) Ignores changes by sector, level e. g. more equal in mid-level mgt (cid:858)la(cid:271)y(cid:396)i(cid:374)th(cid:859) a(cid:272)k(cid:374)o(cid:449)ledges: No one barrier, no simple or direct route but a complex mix of barriers. Need for persistence, awareness of progress, analysis of path ahead. Leade(cid:396)ship st(cid:455)le & (cid:858)fit(cid:859) transactional vs. transformational agentic vs. communal (cid:858)dou(cid:271)le (cid:271)i(cid:374)ds(cid:859) likeability vs. competency.