Business Leadership Lecture Notes

These flashcards cover vocabulary related to leadership theories and paradigms discussed in the Business Leadership lecture, providing definitions for key terms and concepts.

Leadership Theory

An explanation of some aspect of leadership, classified into various paradigms such as trait, behavioral, contingency, and integrative theories.

Trait Theory

A paradigm that focuses on identifying the distinctive characteristics, qualities, or attributes that make up leaders, suggesting that leaders are born with specific traits.

Behavioral Theory

A paradigm that emphasizes what leaders do rather than who they are, focusing on task behaviors and relationship behaviors.

Contingency Theory

A theory suggesting that effective leadership depends on the context and situation, meaning there is no one-size-fits-all leadership style.

Integrative Theory

A leadership approach that combines trait, behavioral, and contingency theories to explain how different factors interact to influence leadership effectiveness.

Charismatic Leadership

A leadership style where the leader influences followers by presenting a transformative vision and creating strong emotional bonds.

Transformational Leadership

A leadership approach that inspires followers to transcend their self-interest for the good of the organization, fostering significant engagement and change.

Transactional Leadership

A leadership style based on an exchange process between the leader and followers, focusing on task completion and the fair exchange of rewards and penalties.

Servant Leadership

A leadership philosophy that prioritizes serving others, focusing on the growth and well-being of followers as the primary goal.

Task-oriented Leader

A leader focused on the completion of tasks, typically prioritizing productivity and goal achievement over interpersonal relationships.

People-oriented Leader

A leader who emphasizes building relationships and supporting team members, often placing the needs of people before tasks.

Situational Leadership

A leadership style that adjusts according to the readiness and competence of followers, employing varying levels of direction and support.

Path-Goal Theory

A leadership concept that focuses on how leaders can enhance followers' motivation by clarifying goals and providing support to achieve desired outcomes.

Humble Leadership

A leadership style characterized by humility, emphasizing the leader's role in supporting and developing others.

Authentic Leadership

Leadership based on authenticity, where leaders act in accordance with their true values, promoting trust and transparency.

Emotional Intelligence in Leadership

The ability of a leader to understand, manage, and utilize emotions in themselves and others to foster effective leadership.

Inclusive Leadership

A leadership style focused on diversity and creating an environment where all followers feel they belong.

Cognitive Traits

Intellectual capabilities and creativity that contribute to one’s effectiveness as a leader.

Social appraisal skills

Communication and interpersonal skills essential for effective leader-follower relationships.

Leader-Member Exchange (LMX)

A theory that emphasizes the different relationships leaders form with each member, impacting organizational dynamics.

Participative Leadership

A leadership style where the leader involves team members in decision-making processes, fostering a sense of ownership among followers.

Achievement-oriented Leadership

A leadership style that involves setting challenging goals and high-performance standards for followers.