FINAL EXAM Flashcards
Leadership
The process whereby an individual influences a group of individuals to achieve a common goal
Ideas relating to management
- focused on the current
- promotes stability and efficiency
- “keeps the train running on time”
Ideas relating to leadership
- focused more on the future
- promotes change and adaptation
- “decides where the tracks should be placed”
“Laissez-faire” Leadership
Does not assume leadership responsibilities at all
Transactional Leadership
Clarifies role requirements / accountabilities and provides positive and negative rewards for performance
Transformational Leadership
Provides a transformational change in engagement of organizational members towards organizational goals
Characteristics of charismatic leaders
- Self-confidence
- vision
- out-of-the-ordinary behavior
- strong abilities to manage change
- environment / resource sensitivity
“The Extraordinary Leader” Model
- Character
- Personal Capability
- Focus on Results
- Interpersonal Skills
- Ability to Lead Organizational Change
Zenger and Folkman’s Competency Model
Character, Personal Capability, Focus on Results, Interpersonal Skills, Leading Change
The 3 Ps of effective business leaders
- Passion - they would continue to work no matter what
- Performance - they set high standards and hate to lose
- Principal - cheating in order to win doesn’t count
Authentic Leaders (George)
- understand and learn from their life story
- are self aware
- practice their values and principles
- recognize their extrinsic and intrinsic motivations
- have a balanced life and stay grounded
Leadership Excellence Truth
Leadership excellence starts with the decision to be a great leader; with an explicit commitment to greatness
Good leaders vs. great leaders
Great leaders contribute significantly more than good leaders. Great leaders are characterized not by the absence of weakness but by the presence of recognized strengths.
Model for Leadership Excellence
Competencies (things you do well) Passions (things you love to do) Organizational needs (things organizations value and will pay you for)
Human Resource Planning (HRP)
A key business practice that systematically assesses individual leadership capability, potential for advancement, organizational capabilities, organizational needs, and considers critical organizational issues.
Deals with planning required to maintain successful organizational staffing