Session 11: Introduction to Leadership and Trait Approach Flashcards
Malmendier/Tate (2009) - Superstar CEO
We find that award- winning CEOs subsequently underperform, both relative to their prior performance and relative to a matched sample of non-winning CEOs. They spend more on private time.
Leadership Defined
Leadership is a process whereby an individual influences a group of individuals to achieve a common goal.
Leadership
- is a process
* involves influence
Leaders
- and followers are involved together
* and followers need each other
Trait (Eigenschaften) Leadership
Certain individuals have special innate characteristics or qualities that differentiate them from nonleaders.
Assigned Leadership
Leadership based on occupying (besetzen) a position within an organization
- Director
- Team leader
Emergent Leadership
An individual perceived by others as the most influential member of a group or organization regardless of the individual’s title
Power
Macht ist eine relationale Angelegenheit für Führer und Anhänger.
Five Bases of Power
- Referent Power
- Expert Power
- Legitimate Power
- Reward Power
- Coercive Power
Coercion (Zwang) Involves
Gewaltanwendung um Veränderungen zu bewirken
Management Activities
- .Planning & Budgeting
- Controlling & Problem Solving
Leadership Activities
- Establishing direction
- Motivating / Inspiring
Great Person Theories
Focused on identifying innate qualities and characteristics possessed by great social, political, & military leaders
Die wichtigsten Führungseigenschaften
- Intelligence
- Selbstbewusstsein
- Entschlossenheit
- Seriös
- Geselligkeit
Big Five Personality Factors
- Neuroticism
- Extraversion (offen)
- Openness
- Agreeableness (freundlichkeit)
- Conscientiousness (Gewissenhaft)
