Skip to main content

Chapter 17-(Management and Business). Being an Effective Leader


Chapter 17. Being an Effective Leader
A.      Who Are Leaders and What is Leadership?
Leadership is a process of leading a group and influencing that group to achieve its goals. People who leading a group called leader.

B.      Early Leadership Theories
These early leadership theories focused on the leader (leadership trait theories) and how the leader interacted with his or her group members (leadership behavior theories). Research found that a leader who was high in both initiating structure and consideration (a high–high leader) sometimes achieved high group task performance and high group member satisfaction, but not always.

C.      Contingency Theories of Leadership
1.       The Fiedler Model
The first comprehensive contingency model for leadership was developed by Fred Fiedler. The Fiedler contingency model proposed that effective group performance depended on properly matching the leader’s style and the amount of control and influence in the situation.

2.       Hersey and Blanchard’s Situational Leadership Theory
Paul Hersey and Ken Blanchard developed a leadership theory that has gained a strong following among management development specialists. This model, called situational leadership theory (SLT), is a contingency theory that focuses on followers’ readiness.

3.       Path-Goal Model
Another approach to understanding leadership is path-goal theory, which states that the leader’s job is to assist followers in attaining their goals and to provide direction or support needed to ensure that their goals are compatible with the goals of the group or organization. House identified four leadership behaviors :
• Directive leader: Lets subordinates know what’s expected of them,
schedules work to be done, and gives specific guidance on how to
accomplish tasks.
• Supportive leader: Shows concern for the needs of followers and is
friendly.
• Participative leader: Consults with group members and uses their
suggestions before making a decision.
• Achievement oriented leader: Sets challenging goals and expects
followers to perform at their highest level.

D.      Contemporary Views of Leadership
1.       Leader–Member Exchange (LMX) Theory
LMX theory suggests that early on in the relationship between a leader and a given follower, a leader will implicitly categorize a follower as an “in” or as an “out.” That relationship tends to remain fairly stable over time.
2.       Transformational Transactional Leadership
Many early leadership theories viewed leaders as transactional leaders; that is, leaders who lead primarily by using social exchanges. Transactional and transformational leadership shouldn’t be viewed as opposing approaches to getting things done.

3.       Charismatic-Visionary Leadership
Charismatic leader is, an enthusiastic, self-confident leader whose personality and actions influence people to behave in certain ways. Several authors have attempted to identify personal characteristics of the charismatic leader. Although the term vision is often linked with charismatic leadership, visionary leadership is different; it’s the ability
to create and articulate a realistic, credible, and attractive vision of the future that improves on the present situation.

4.       Team Leadership
Many leaders are not equipped to handle the change to employee teams. They have to learn skills such as patiently sharing information, being able to trust others and to give up authority, and understanding when to intervene. And effective team leaders have mastered the difficult balancing act of knowing when to leave their teams alone and when to get involved.

E.       Leadership Issues in the Twenty-First Century

1.       Managing Power
a)       Legitimate power and authority are the same. Legitimate power represents the power a leader has as a result of his or her position in the organization.
b)      Coercive power is the power a leader has to punish or control.
c)       Reward power is the power to give positive rewards.
d)      Expert power is power based on expertise, special skills, or knowledge.
e)      Referent power is the power that arises because of a person’s desirable resources or personal traits.

2.       Developing Trust
The main component of credibility is honesty. Surveys show that honesty is consistently singled out as the number one characteristic of admired leaders. Trust is closely entwined with the concept of credibility and, in fact, the terms are often used interchangeably. Trust is defined as the belief in the integrity, character, and ability of a leader. Followers who trust a leader are willing to be vulnerable to the leader’s actions because they are confident that their rights and interests will not be abused.

3.       Empowering Employees
One reason more companies are empowering employees is the need for quick decisions by those people who are most knowledgeable about the issues often those at lower organizational levels. If organizations want to successfully compete in a dynamic global economy, employees have to be able to make decisions and implement changes quickly.
4.       Leading Across Cultures
One general conclusion that surfaces from leadership research is that effective leader do not use a single style. They adjust their style to the situation.

5.       Becoming an Effective Leader
Organizations need effective leaders. Two issues pertinent to becoming an effective
leader are leader training and recognizing that sometimes being an effective leader
means not leading.



Comments

Popular posts from this blog

Chapter 18-(Management and Business). Monitoring and Controlling

Chapter 18-(Management and Business).   Monitoring and Controlling A.       What Is Controlling and Why Is It Important? Controlling is the process of monitoring, comparing, and correcting work performance. All managers should control even if their units are performing as planned because they can’t really know that unless they’ve evaluated what activities have been done and compared actual performance against the desired standard. Effective controls ensure that activities are completed in ways that lead to the attainment of goals. Whether controls are effective, then, is determined by how well they help employees and managers achieve their goals. B.       The Control Process The control process is a three-step process of measuring actual performance, comparing actual performance against a standard, and taking managerial action to correct deviations or to address inadequate standards. 1.      ...

Chapter 2 (Summary). Recognizing Opportunities and Generating Ideas

Chapter 2. Recognizing Opportunities and Generating Ideas  ·          The Differences Between Opportunities and Ideas Essentially, entrepreneurs must be able to recognize an opportunity and turn it into a successful business. Opportunity is where we can create a new product. An entrepreneur recognizes an opportunity gap and create a business to address the problem or fill the identified gap. Opportunity and idea is diferrent. An idea is a thought or impression and idea is needed to meet the criteria of an opportunity. It’s important to know wheter the idea fills a need and meets the criteria for an opportunity. ·          Three Ways to Identify Opportunities 1.        Observing Trends The first approach to identifying opportunities is to observe trends. The most important trends to follow are economic trends , social trends , technological advances , and...

Chapter 14 Strategies for Firm Growth

Chapter 14 Strategies for Firm Growth ·          Internal Growth Strategies Internal growth stragies involve efforts taken within the firm itself, such as new product development, other product-related strategies, and international expansion, for the purpose of increasing sales revenue and profitability. 1.        New Product Development New product development involves designing, producing, and products as a means of increasing firm revenues and profitability. The keys to effective new product and service development, which are consistent with the material on opportunity recognition and feasibility analysis follow; a)        Find a need and fill it b)       Develop products that add value c)        Get quality and pricing right d)       Focus on a specific target market e)   ...