Leadership

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Leadership
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Power, Authority and Leadership

• YOU WILL LEARN
• The difference between power, authority and
  leadership
• Three types of leadership styles
• Leadership skills managers need to master

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Standard

• BCS-BE-4
• The student
• participates in a
• variety of activities
• that demonstrate
• the importance of
• leadership within a
• business endeavor.

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Lets Chat

• In your own words, what is the difference between
  power, authority and leadership?

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Main Idea

• Good managers need to be effective leaders to
  help employees meet organizational objectives.

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Power

• DEFINITION the ability a person has to make
  other people act a certain way

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Sources of Power
Source of Power Basis of Power
Reward power Ability to provide rewards
Coercive power Ability to punish
Legitimate power Position in the organizational hierarchy
Expert power Skill, expertise, or knowledge
Personality power Characteristics that attract others
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Authority

• DEFINITION the right to issue directives and
  expend resources
• Sometimes people with power have no authority
  (Example Ted Kennedy)

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Leadership

• DEFINITION the ability to influence people
• Leadership skills can be learned
• LEADERS
• Must have a vision for the future
• Develop strategies for achieving that vision
• Motivate employees to implement them

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ltltltCHECKPOINTgtgtgt

• What is the difference between power, authority
  and leadership?

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Leadership Studies

• Universal Approach assumes there is one way to
  lead regardless of the circumstances

• Contingent Approach assumes that the best
  approach to leadership depends on the situation

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Trait Theory

• DEFINITION personality traits, social traits and
  physical characteristics are examined to
  determine good leadership.
• Loyalty
• Courage
• Stamina
• Empathy
• Decisiveness
• Timing
• Competitiveness
• Self-confidence
• Accountability
• Charisma

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ltltltCHECKPOINTgtgtgt

• What are some characteristics of leadership based
  on the trait theory?
• Can you think of any additional characteristics?

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Leadership Styles

• Autocratic
• Laissez-faire
• Democratic

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Autocratic

• DEFINITION leaders who do not listen to other
  people but make all decisions themselves

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Laissez-faire

• DEFINITION hands off leaders who choose not
  to lead

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Democratic

• DEFINITION listens to other peoples opinions
  and encourages the exchange of ideas

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ltltltCHECKPOINTgtgtgt

• What are the three different styles of
  leadership?
• Which one are you and why?

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Leadership Skills

• To become effective leaders, managers need to
  master the following set of skills
• Plan
• Become a teacher
• Delegate
• Encourage independent thinking
• Build a team
• Set an example
• Share credit with subordinates

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Lets Discuss

• Management is doing things right leadership is
  doing the right things by Peter F. Drucker
• Dont tell people how to do things, tell them
  what to do and let them surprise you with their
  results by George S. Patton
• Leadership is the art of getting someone else to
  do something you want done because he wants to do
  it by Dwight Eisenhower

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Class Work

• Consider the person that you chose for your
  business leader presentation.
• What type of leader are they and why?
• Please answer in 100-150 words citing specific
  examples in your answer.
• Save as CW012610