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Leadership On the 16 Read Doug Durand p. 629 What would you do. How does this relate to leadership style? Learning Objectives Next two classes Try to help you consider what you need to develop the human and social capital to be an effective leader. Today What is your natural leadership style? Next class 17-2 Leadership Leadership influencing employees to voluntarily pursue organizational goals McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. How do we know when someone is an effective leader? Results (financial, changes). Bill Gates, Jack Welch, Carlye Fiorina. Followers—Political leaders, religious leaders, but also business leaders. Recruitment and retention. Thus, you need to focus on one or both of these. 17-3 Table 17-1 Leaders Vs. Managers Leaders Innovate Develop Inspire Long-term view Ask what and why Originate Challenge the status quo Do the right thing Managers Administer Maintain Control Short-term view Ask how and when Initiate Accept the status quo Do things right Which would you prefer to do and why? Meet in teams. Who is More likely to succeed in business (small or big corps)? Which is more scarce? What does it take to be a leader? 17-3 Table 17-1 Leaders Vs. Managers Leaders Innovate Develop Inspire Long-term view Ask what and why Originate Challenge the status quo Do the right thing Managers Administer Maintain Control Short-term view Ask how and when Initiate Accept the status quo Do things right 17-4 Historic Vs. Contemporary Trait Theories of Leadership (Human capital) Stogdill’s and Mann’s Findings Intelligence Dominance Self-confidence Level of energy and activity Task-relevant knowledge McGraw-Hill Contemporary Trait Research people tend to perceive that someone is a leader when he or she exhibits traits associated with intelligence, masculinity, and dominance © 2004 The McGraw-Hill Companies, Inc. All rights reserved. 17-5 Side bar on Masculinity and leadership. Figure 17-1 Men Women Motivating Others Fostering Communication Producing HighQuality Work Strategic Planning * Listening to Others Analyzing Issues * * In one study, women’s and men’s scores in these were statistically even McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. So masculinity is something other than gender. Video Carlye as a leader Focus on her talents Leadership Traits Identified by Organizational Leaders Colin Powell Larry Bossidy (Former Chairman (Former CEO Allied of the Joint Chiefs Signal) of Staff and Secretary of State) 1) 2) 3) Ability to execute Visionary Proactive communica tor McGraw-Hill 1) 2) 3) Ability to execute Ability to grow professiona Multiple lly work experience s in various functional areas Carly Fiorina (CEO HewlettPackard) 1) 2) 3) Selfconfidence Visionary Proactive communica tor 17-6 Table 17-2 Jack Welch (Former CEO General Electric) 1) 2) 3) Ability to execute Ability to energize others The edge to make tough decisions © 2004 The McGraw-Hill Companies, Inc. All rights reserved. Leadership Traits Identified by Organizational Leaders Colin Powell Larry Bossidy (Former Chairman (Former CEO Allied of the Joint Chiefs Signal) of Staff and Secretary of State) 4) 5) 6) Flexible Challenges the status quo Ability to execute McGraw-Hill 4) A team orientation Carly Fiorina (CEO HewlettPackard) 4) 5) Flexible A team orientation 17-7 Table 17-2 cont. Jack Welch (Former CEO General Electric) 4) High energy © 2004 The McGraw-Hill Companies, Inc. All rights reserved. Which are your strengths? How do you acquire these attributes? Intelligence (gets followers) Dominance (gets followers) Self-confidence Level of energy and activity Task-relevant knowledge Masculinity (assumed to get followers). Trait approach Focuses on specific aspects of human capital Ignores social capital. Which is more critical for success? Leadership is also interpersonal relatedness. So how should a leader relate to subordinates. Major question, can a leader also be friends with subordinates? Lets focus on leadership style or ways of relating. Two dimensions People (social capital) Task (human capital) 17-9 Figure 17-3 The Leadership Grid® High 1.9 Country club management Concern for People 9 8 9.9 Team management 7 5.5 Middle-of-theroad-management 6 5 4 3 2 1 Low 9.1 Authoritycompliance 1.1 Impoverished management Low 1 2 3 4 5 6 7 8 9 High Concern for Production McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. Country Club emphasizes Job satisfaction. Happy worker is productive worker. What can I do to help you be better (servant leadership). Authority compliance Tells people what to do, how to do it, and when to do it. Monitors performance closely (electronic or direct). Commonly dismisses people if poor performance. Military model Team Supervisor and subordinate are a team. Power distance is minimal. Open communication. Share goals and set firm goal (task). But goals are set with subordinate participation (People). Let people decide how to meet the goals. Monitor performance. Discuss performance from problem solving perspective. Recognize when goals are achieved. Middle of the Road. Someone who is eclectic. Not consistent. Or Varies with people and trust. Which one empasizes Human capital Social capital Both Human and social capital Research in general 9,9 or team is considered best in general. However, research increasingly suggests it depends. Chain saw Al Dunlap and Sunbeam Thus managers need to be flexible. Self assessment. Share with team members. As a subordinate how do you work with these different types of leaders. How do you work effectively with other person? Coaches at ISU. Where do they stand on the grid? McCarney Eustachy (I know he is no longer coach but we know more about him). Fenelley. Other? Summary This approach is better than trait because both human and social capital. Many find the simplicity very useful. (I do too). Where you are at—where you would like to be. However, while 9-9 is good, many examples of others who are not so good. suggestions Many different contingency approaches Hershey and Blanchard is conceptually closest to Managerial grid. Delegating is similar to Country club Participating is similar to team Telling is similar to task Selling is unique element of middle of the road or perhaps between Team and task. Does the Doug Durand Case apply? Carol Collins supervises a group of eight bank tellers. Since bank tellers handle large sums of money as part of their job, they are required to follow strict guidelines regarding banking procedures. Carol recently transferred to this bank branch and was surprised to find the tellers were disgruntled with many aspects of their jobs. The tellers were dissatisfied with pay levels, benefits, mandatory overtime policies, and other aspects of their work environment. Carol's predecessor knew of the tellers' dissatisfaction, but did nothing to address the situation. Since Carol's predecessor ignored their concerns, the tellers expect Carol to behave in a similar manner. What should Carol’s leadership style be? Evaluation Intuitive appeal Research support is limited. Substitutes for Leadership— Especially Task. Experience Professionalism Structured tasks Feedback from the job itself Explicit goals Rules and procedures Natural redundancy Insult. Especially individual No substitutes for Relationships Thus, when is country club most relevant. Summary Understand leadership style Have an initial image of leadership style. May not be final image. Different leadership styles may be effective. Need to develop different leadership styles for different situations.