COMMERCE 1B03 Chapter Notes - Chapter 9: Trait Theory, Social Exchange Theory, Laissez-Faire
25 May 2016
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Leadership: the influence that particular individuals exert in the goal achievement of others in an organizational context. *effective leadership exerts influence in a way that achieves organizational goals by enhancing the productivity, innovation, satisfaction, and commitment of the workforce. Strategic leadership: leadership that involves the ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization. Trait theory of leadership: leadership depends on the personal qualities or traits of the leader. Traits: individual characteristics such as physical attributes, intellectual ability, and personality. Consideration: the extent to which a leader is approachable and shows personal concern and respect for employees. Initiating structure: the degree to which a leader concentrates on group goal attainment. Leader reward behaviour: the leader"s use of compliments, tangible benefits, and deserved special treatment. Leadership punishment behaviour: the leaders use of reprimands or unfavourable task assignments and the active withholding of rewards.
