MGST 453 Flashcards
Socrates’ Triple Filter Test - Filters
- Truth
- Goodness
3.Usefullness
Propinquity as a Factor of Trust
Propinquity (state of being close) not always necessary to establish deeply trusting relationships
- online friends: (proximity is not a factor)
Maslow’s Hierarchy of Needs
Self-actualization: the desire to become the most that one can be
Esteem: respect, self-esteem, status, freedom
Love and Belonging: friendship, intimacy, family, connection
Safety Needs: personal security, resources, health, property
Physiological needs: air, food, water, shelter, clothing, reproduction
Gallup (Beck and Harter): Why Great Managers are so Rare
- businesses fail to choose the right manager 82% of the time
- poor management accounts for 70% of the variance in engagement scores
- great managers create: trust, transparency, accountability; and motivate and engage, assertiveness, vision
Monique Valcour: Anyone Can Learn to Be a Better Leader
Being in charge is not the same a leading.
Leaders: fearless introspection, feedback seeking and committed efforts to behavioural change for greater effectiveness and increased positive impacts on others. Leaders improve employee commitment and accountability by sustaining a motivating interpersonal environment
Moral Agency
- Ability to make ethical decisions
- how we develop our moral compass
how we develop uncomfortable feelings/emotions that result when doing things out of lie with our moral compass
Gerardo Roldan Macko: Driving Responsible Ethics at 3M
- dedicated ethics roles
working directly with leaders to ensure and support high personal and organizational working standards
Slippery Slope
- Studies show that people are more likely to accept others’ unethical behaviours when ethical degradation occurs slowly over time and not in one abrupt shift.
- the “boiling frog”
Adam Smith
Basic premise:
- humans need social environment to survive and thrive
- beneficence: positive virtue (praiseworthy)
- things we do voluntarily, no reciprocity
- Justice: negative virtue (blameworthy)
-things we restrain from - the downfall of humanity
Beneficence (Adam Smith)
Praiseworthy:
- things we do voluntarily, generously, no expectation of reciprocity
- focus on happiness and contentment
- desired state
Justice (Adam Smith)
Blameworthy:
-things we restrain from doing because it results in harm (including revenge) and the downward spiral of humanity (breakdown in turst)
- focus on punishment
- necessity
History of Studying Ethics:
Utilitarianism
- Actions are right if they promote the most happiness and wrong if they do not
- John Stuart Mill + Jeremy Bentham
Implied Contracts
- mutual obligations characterizing interactions existing at the level of the relationship
- Dyadic - 2 parties
- Interunit - more than 2 parties
4 Characteristics of Transformational Leadership
- Idealized Influence: modelling of exemplary behaviour that is aligned with organizational goals
- Inspirational Motivation: leader executes and communicates excellence
- Intellectual Stimulation: having a leader who encourages innovation, creativity, critical thinking and problem-solving
- Individual Consideration: “soft” leaders but trusted to constantly challenge followers to higher levels of performance
Who Makes it as a Leader?
Emergence:
- qualities perceived as a leader
- “who becomes a leader?”
1. Traits
2. Behavioral
3. Process
Effective:
- Leadership mastery
- “who does leadership well”
The Big 5
- conscientiousness
- emotional stability
- agreeableness*
- open to experiences
- extroverted* charisma?
- *agreeableness had the capacity to be perceived as counterproductive