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What is leadership, in simple terms?
Influence
What is Stogdill's definition of leadership?
The process of influencing an organised group toward setting and achieving goals
What are the 5 things leaders do in organisations?
Set vision/strategy, communicate it, drive change, set direction, motivate followers
What are the 3 types of global challenges responsible leaders must navigate?
Societal problems, environmental challenges, technological disruption
What's the benefit of responsible leadership for a business?
It builds public trust and increases the leader's/organisation's social impact
What are the 6 stakeholder groups responsible leaders are responsible for?
Employees, customers, business partners, social/natural environment, shareholders, future generations
What must responsible leaders ensure for employees?
Fair, safe, non-discriminatory working conditions.
What must responsible leaders ensure for customers?
Safe products/services that meet needs, with transparent communication about risks
What must responsible leaders ensure for business partners?
Fair treatment and consistent ethical/environmental/labour standards
What must responsible leaders do for the social/natural environment?
Reduce negative impact (e.g. green practices) and support community wellbeing
What must responsible leaders do for shareholders?
Communicate performance transparently and balance short-term profit with long-term sustainability
What must responsible leaders do for future generations?
Contribute to sustainable change and plan for a desirable future