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3S03-CH7.docx

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Department
Commerce
Course
COMMERCE 3S03
Professor
Vera Dodds
Semester
Winter

Description
Commerce 3S03Chapter 7 LeadershipLeadership is perhaps the most important yet most misunderstood topic in all of management Leadership The ability to influence people to set aside their personal concerns and support a larger agenda at least for a while The most effective leaders motivate people to perform above and beyond the call of duty and enhance group success Leadership effectiveness is not simply who exerts the most influence or emerges to control the group but not achieve high group performance over time Leadership is generally distinguished by the necessity of followers people and as an influence process that takes people beyond the status quoLeadership MattersLeadership is consequential for the success of organizations and the well being of employee and citizensHas been linked to a wide variety of important outcomes including employee satisfaction teamwork and financial performance Effective leadership makes great things happen A first step toward understanding effective leadership is to first understand what is not trueThe Full Range of Leadership With respect to personal characteristics the action focus is mostly on understanding the personal traits of importance and becoming more selfaware abut your own personal profile so you can adapt when necessary and put yourself in positions where you are most likely to succeed With respect to behaviour the key is to learn and practice those behaviours that promote positive transactions and transform people to go above expectationsFull Range of Leadership Approach We begin by addressing personal characteristics and transactional leader behavioursLeadership MythsLeaders are born not madeLeaders must be charismaticLeadership exists only at the top Leadership incompetence results from too little of the right stuffPersonal Characteristics of LeadersImportant Personal Traits in LeadershipTraits are good predictors of leadership emergence rather than leadership effectiveness Leadership emergence A set of traits has been found to be important in influencing others perceptions of leadership People who possess certain traits may be more likely to be effective in a managerial role Possession of these traits however seem to be linked to who will ultimately attain a managerial role and who will not The personal traits of intelligence dominance sociability selfmonitoring having high energy or drive selfconfidence and a tolerance for ambiguity all do a reasonable job of predicting who will rise to the assigned position of a leaderCharacteristics that People AdmireThe tope 4 characteristics honest forwardlooking inspiring and competentTransactional leadershipHaving effective leadership skills involves 2 primary behaviours 1 Behaviours that focus on the task at hand 2 Behaviours that focus on the relationship between leader and follower Leadership involves influencing people to attain goals not just by giving them directives task behaviours but also by supporting the employee relationship behavioursUnderstanding the situation and adapting Situational leadership gauging what people need at any given timeTo use the situational leadership approach use these central concepts1 The difference between directive and supportive behaviour2 How those 2 different types of leader behaviour combine to form 4 different leadership styles
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