MGM101H5 Chapter 10: Chapter 10 Notes.docx
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MGM101H5 Full Course Notes
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Leadership; process of motivating, influencing, and directing others in organization to work productively in pursuit of organization goals. Effective leadership; ability of a leader to get high performance from subordinates: power-influenced perspective, trait perspective. Also rely on power that flows from expertise, network of allies. Transactional leadership; leader who helps organization achieve current objectives. Directive leadership; when leaders tell subordinates exactly what they are supposed to do. Supportive leadership; leadership style in which leader is approachable and friendly, shows concern and treats as equal. Participative leadership; leadership style in which leader consults with his or her subordinates, asking for their opinions before making decisions. Most traits are present, some are acquired through knowledge. Strategic thinking; cognitive ability to analyze complex situation, abstract from it, and draw conclusions about best strategy to follow. Achievement motivation; unconscious concern for achieving excellence in accomplishments through one"s individual efforts. Power motivation; unconscious drive to acquire status and power to have an impact on others.