Business Leadership Lecture Review

Flashcards covering key concepts from lecture notes on Business Leadership, including definitions, types of power, follower reactions, leadership traits, and various leadership theories such as Great Man, Trait, Behavioral (Theory X/Y), Blake and Mouton's Grid, and Hersey and Blanchard's Situational Theory.

What is leadership?

Influencing and motivating a group of people toward a common goal.

What does a leader direct and give?

Action and vision.

What is power in a business context?

The ability to influence the behaviors of others.

What type of power comes from a position in a hierarchy?

Legitimate power.

What type of power is based on fear or punishment?

Coercive power.

What type of power is based on benefits or incentives?

Reward power.

What type of power is based on admiration and respect?

Referent power.

What type of power is based on specialized knowledge and skills?

Expert power.

What is 'commitment' as a follower reaction?

Followers are motivated and enthusiastic.

What is 'compliance' as a follower reaction?

Followers do the bare minimum.

What is 'resistance' as a follower reaction?

Followers avoid, delay, or sabotage.

Name some key traits of effective leaders.

Self-awareness, respect, compassion, vision, communication, learning ability, collaboration, influence, integrity, courage, gratitude, resilience.

What is the main premise of the 'Great Man theory' of leadership?

Leaders are born, not made.

Who is associated with the 'Great Man theory'?

Thomas Carlyle.

What does the 'Trait theory' of leadership focus on?

Leaders possessing unique personality traits such as honesty, confidence, maturity, and knowledge.

What do 'Behavioral theories' of leadership emphasize?

What leaders do; that behaviors can be learned.

According to 'Theory X', how are people generally viewed in the workplace?

People are lazy, need control, and require step-by-step counseling.

According to 'Theory Y', how are people generally viewed in the workplace?

People are independent, motivated, responsible, and capable.

What two dimensions does Blake and Mouton's Managerial Grid combine?

Concern for people with concern for production.

What leadership style on Blake and Mouton's Grid shows low concern for both people and production?

Impoverished (1,1).

What leadership style on Blake and Mouton's Grid shows high production and low concern for people?

Task (9,1).

What leadership style on Blake and Mouton's Grid shows high concern for people and low production?

Country Club (1,9).

Which leadership style is considered the best on Blake and Mouton's Grid, showing high concern for both people and production?

Team (9,9).

What is the core idea of 'Contingency theories' of leadership?

No one best leadership style exists; effectiveness depends on the situation.

What does Hersey and Blanchard's Situational Theory suggest about leadership style?

Leadership style adapts to followers' maturity level.

In Hersey and Blanchard's model, what leadership style (S1) is appropriate for M1 (low maturity) followers?

Telling (S1), where the leader tells exactly what to do step by step.

In Hersey and Blanchard's model, what leadership style (S2) is appropriate for M2 (medium maturity, low ability) followers?

Selling (S2), where the leader explains and persuades.

In Hersey and Blanchard's model, what leadership style (S3) is appropriate for M3 (medium maturity, capable, less willing) followers?

Participating (S3), where the leader involves followers in decision-making.

In Hersey and Blanchard's model, what leadership style (S4) is appropriate for M4 (high maturity) followers?

Delegating (S4), where the leader gives full responsibility to followers.