Module 1 Flashcards
What is the focus of the full-range theory of leadership? (pg 9)
Effective leaders focus on motivation and moral by connecting the employee’s sense of identity to a project and the organization
Which function is a manager performing when developing the department’s annual budget? (pg 10)
Organization - matching resources to the plan developed to achieve the goals of the organization.
A hardworking, dependable employee is struggling to perform a particular job. What is the first step a manager should take before assigning this employee to another job?
- Provide the employee with training and a mentor
- Contact the employee’s union representative for suggestions
- Refer the employee to human resources for an evaluation
Identify the employees strengths and weakness (pg 10)
Establishing vision and mission
Establishing vision and mission is a function of leadership. Leadership focuses on setting direction for a company, and establishing a vision and mission is the most significant way in which this occurs.
What is the function of leadership?
- Executing strategic plans
- Focusing on processes
- Establishing vision and mission
Maintaining order and stability(pg 11)
Establishing vision and mission
Establishing vision and mission is a function of leadership. Leadership focuses on setting direction for a company, and establishing a vision and mission is the most significant way in which this occurs.
How do leaders in an organization exercise power?
- Through their ability to influence others
- Through their ability to adhere to best practices
- By following a company’s bylaws
By Reacting to competitive forces (pg 11)
- Through their ability to influence others
Their ability to influence others is how leaders exercise power. This is due to the fact that leaders gain power by creating a dynamic in which others want to follow and support their vision. As such, influencing others to want to get on board with that vision requires the ability to influence.
vision (pg 9)
A vision describes where a company wants to be in the future
mission statement (pg 9)
A mission statement describes the purpose of a compy, its goals, and how it will achieve its vision
innate attributes (pg 9)
Quailities or features that you’re born with
“Great Man” (pg 9)
A nineteenth-century theory that states that history is largely explained by the effect of great men or heroes and their superior intellect and other attribute.
behavioral theory (pg 9)
Behavioral theory is based on the premise that behaviors are conditioned as a result of experiences with the environment; anyone can be trained to behave in a preferred way.
contingency theory (pg 9)
A contigency is a future event or circumstance that cannot be predicted with absolute certainty
Transactional theories (pg 9)
Transactional leadership focuses on supervision, organization, and performance. Rewards and punishments are used. It works best in organizations where there are linear processes and employees know their jobs well
effectively (pg 10)
To do something in a manner to achieve the best possible result
efficiently (pg 10)
To do something in a way that achieves the maximum level of productivity with a minimum level of wasted expense or effort
business indicators (pg 10)
Business indicators are numbers that may indicate a positive or negative trend. Examples include demand for product, profit margin, revenue, professional development levels of workforce, market share, amount of debt, and deals finalized by the sales team.
organization hierarchy (pg 10)
The organizational hierarchy can be made up of top managers, middle managers, first-line managers, and team leaders
authoritarian (pg 10)
To act in a dictatorial manner; enforcing strict obedience.
Explain the differences between a vision statement and a mission statement?
A vision is a clear, distinctive, and specific view of what a company would like to achieve in the future. It is a broad descripiton of the value an organization offers instead of a list of specific targets. Wheras, the mission statement describes what the organizaion needs to do now to achieve the vision. Vision and mission statements must support eachother.
“Provide an example for each of the core traits of a leader:
Drive, Self confidence, cognitive ability, knowledge of the business, Leadership motivation, Honesty and integrity”
DRIVE - a high level of effort, including a strong desire for achievement as well as high levels of ambition, energy, tenacity, and initiative.
LEADERSHIP MOTIVATION - an intense desire to lead others.
HONESTY AND INTEGRITY - a commitment to the truth (not being deceitful), where word and deed correspond.
SELF-CONFIDENCE - an assurance in one’s self, one’s ideas, and one’s ability.
CONGITIVE ABILITY - conceptually skills, capable of exervising sound judgement, having strong analytical skills, and possessing the capacity to think strategically and multidimensional.
KNOWLEDGE OF BUSINESS - a high degree of understanding of the company, industry, and technical matters.
OTHER TRAITS - charisma, creativity or originality, and flexibility/adaptiveness.
Describe behavior theories of leadership
The behavioral leadership theory focuses on how leaders behave, and assumes that these traits can be copied by other leaders. Sometimes called the style theory, it suggests that leaders aren’t born successful, but can be created based on learnable behavior.