Course Focus: MGMT 100 – Fundamentals of Management, Week 2, Lecture 1 centers on Leadership, exploring its significance in management.
Institution: University of Canterbury, Christchurch, New Zealand.
Objective: Upon completion of this study, students should grasp the essence of effective leadership, which includes:
Power theory
Trait and Behavioral theories
Contingency theories
Contemporary leadership styles, such as Servant and Authentic leadership.
Definition: Leadership is described as the process of influencing others to achieve group or organizational goals.
Key Functions of Management: Leadership is one of the four main functions of management alongside Planning, Organizing, and Controlling.
Power Definition: Power refers to the potential ability to influence the behaviors of others. Influence is the resultant change in attitudes, values, beliefs, or behaviors.
Types of Power:
Hard Power: Involves coercive methods and authority.
Soft Power: Relies on influence and persuasion.
Sources of Power:
Legitimate Power: Authority derived from position.
Referent Power: Influence based on respect and admiration.
Coercive Power: Ability to enforce compliance through threats.
Reward Power: Providing incentives to motivate.
Expert Power: Power based on skills and knowledge.
Employee Reactions: Responses can include Resistance, Compliance, or Commitment.
Leadership Traits: Include personal characteristics such as intelligence, honesty, and self-confidence.
Great Person Theory: Suggests that leaders are born, not made.
Trait Theory: Focuses on certain intrinsic traits but acknowledges that traits alone do not guarantee effective leadership.
Natural Strengths: Natural talents reinforced with knowledge and skills define effective leadership.
Effective Leadership Focus: It is crucial to recognize, develop, and apply strengths rather than merely identifying traits.
Important Traits: Drive, integrity, and cognitive ability are key, but do not by themselves ensure leadership effectiveness.
Leadership Behaviors: The discussion shifts from 'who leaders are' to 'what leaders do'.
Leadership Style Dimensions: Concern for Production vs. Concern for People determines leadership style effectiveness.
Grid Overview: A visual representation of leadership styles based on Concern for People and Concern for Production.
1,9 Country Club Management: Focuses on relationships, leading to a friendly atmosphere.
9,9 Team Management: Interdependence creates trust and respect while accomplishing goals.
5,5 Middle-of-the-Road Management: Balances performance and maintaining morale.
1,1 Impoverished Management: Minimal effort for required tasks just to maintain membership.
9,1 Authority-Compliance: Emphasizes efficiency and minimizes human elements.
Leadership Adjustment: Leaders must adjust their styles based on how ready their followers are to perform tasks.
Readiness Factors: Consider both ability and psychological readiness (motivation, confidence).
Situational Leadership Model: Developed by Hersey & Blanchard, it categorizes readiness levels into four dimensions (D1 to D4) based on follower confidence and capability.
Servant Leadership Definition: Leaders who prioritize serving others and the community, transcending self-interest.
Key Benefits: A focus on employee recognition and empowerment fosters a positive organizational culture.
Article Summary: Discusses the convergence of servant leadership with Māori leadership principles, highlighting the emphasis on relationships, integrity, and ethical leadership in the face of contemporary challenges.
Authentic Leadership Characteristics: Involves self-awareness, ethical consistency, and transparency. Cultivates trust and empowers others through authenticity.
Wrap-Up: Reflect on the importance of adaptable, ethical leadership in management, emphasizing the intersection of various leadership styles and the continual evolution of leadership theories.