Lesson 8: Strategic Leadership Flashcards

A comprehensive set of vocabulary flashcards based on the Strategic Leadership lecture, covering definitions, leadership traits, organizational advantages/disadvantages, and major leadership theories.

Stratêgia

The Greek root for the word strategy, meaning the art of troop leader, office of general, command, or general ship.

Strategic leadership

A manager's potential to express a strategic vision for the organization and motivate others to acquire that vision, or utilizing strategy in the management of employees.

Strategic productivity

The main objective of strategic leadership, which involves developing an environment where employees forecast organizational needs within the context of their own jobs.

Loyalty

A characteristic where powerful and effective leaders demonstrate commitment to their vision through both words and actions.

Judicious use of power

The skillful playing of the power game to develop consent for ideas rather than forcing them upon others.

Self-control

The potential for a leader to think before acting and control distracting or disturbing moods and desires.

Self-awareness

The potential for leaders to understand their own moods and emotions, as well as their impact on others.

Readiness to delegate and authorize

An effective leader's proficiency at assigning responsibilities to avoid overloading themselves and to motivate subordinates through decision-making power.

Articulacy

The ability of a leader to communicate the organizational vision in terms that boost and inspire members.

Constancy/Reliability

The practice of constantly conveying a vision until it becomes an integral component of the organizational culture.

Organizational perspective

A leadership framework advantage that examines different components to predict the future and understand how the organization relates to the wider industry.

Trait Theory

A theory derived from the 'great man theory' suggesting that leaders are born with innate characteristics and personality factors.

Openness to experience

A 'big five' personality factor where leaders are open to new situations, stimulations, and are outgoing by default.

Conscientiousness

A 'big five' personality factor characterized by being hardworking, thorough, and precise.

Extroversion

A 'big five' personality factor highly correlated with success, involving a love for meeting, talking to, and communicating with others.

Agreeableness

The degree to which a person is warm and considering, ensuring the group working around them functions well together.

Neuroticism

The degree to which an individual experiences negative emotions like anxiety and depression; great leaders typically score low in this trait.

Transactional Theory

A theory suggesting that leaders reward positive actions and punish negative ones, operating within an existing system to strengthen culture and structure.

Transformational Theory

A theory where charismatic and inspirational leaders stimulate employees to be creative, transcend self-interest, and reach their full potential.

Exploration

A component of managing organizational learning also known as feed-forward learning.

Exploitation

A component of managing organizational learning also known as feedback learning.

Feed-forward learning flow

A process starting with individual intuitive insights that move through group conversations to become integrated into collective action and institutionalized routines.