4/16/18. In small groups Pick a real-life leader (business, politics, religion, sports, etc.) What traits or characteristics make them a great leader?

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1 Leadership What does a leader do? Offer direction Help train workers Check work production/quality Make and enforces rules Hire, fire, and promote Reward and punish workers Mediate conflicts between workers Make important work decisions Etc 3 3 areas of focus Trait Theories great leaders have certain characteristics ( traits ) Behavioral Theories - great leaders display certain patterns of behavior Contingency Theories certain leadership styles work best in specific situations 4 1

2 In small groups Pick a real-life leader (business, politics, religion, sports, etc.) What traits or characteristics make them a great leader? 5 What kind of traits or qualities make a leader great? 6 Big 5 Personality Traits (OCEAN) Openness desire for new experiences Conscientiousness organized and hard working Extraversion sociable Agreeableness empathetic and considerate of others Neuroticism negative emotions and mood swings The best leaders tend to be high in all of these traits But low in this trait 7 2

3 Important types of intelligence General Intelligence (IQ) ability to learn quickly and use information to solve problems Emotional Intelligence (EQ) ability to express emotions and read others emotions Social Intelligence (SQ) ability to adapt ones behavior to work with different types of people 8 Charismatic Leadership Theory Some leaders possess charisma that inspires their followers These leaders tend to be highly confident, socially skilled, and make others feel special and important Encourages life-long, passionate followers who will give their all! 9 Major criticism of trait theories: Most of these traits are highly heritable and extremely difficult to train This theory is good at spotting great leaders, but not at making them 11 3

4 Transformational Leadership Theories Assesses how leaders could become great First attempted to find leaders who transformed and inspired followers Those who shape values and goals of others Those in inspire workers to go above-and-beyond their normal duties Those who earn a high degree of respect and devotion from others 12 Example: Elon Musk Devotes every waking minute to saving humanity Reducing pollution Increasing use of renewable energy Building colonies on Mars! Hires best talent available; pays them to do their dream projects Regularly visits employees, from managers to manufacturing staff Constantly asks questions and follows his workers advice 13 Transformational leaders display the 4 I s Idealized Influence shows conviction, acting in accordance with their stated values and beliefs Inspires respect and admiration from other who share these value/beliefs Inspirational Motivation offers a positive and compelling vision of the future Inspires others to work hard to bring about that future 14 4

5 Transformational leaders display the 4 I s Intellectual Stimulation pushes workers to be creative and innovative Often fostering the leaders of tomorrow Individualized Consideration shows attention to each workers needs and concerns Helping each worker reach their full potential 15 Different from transactional leaders Simply exchanges work output (performance) for work outcomes (rewards, punishments) Can take a passive approach Reacting to problems as they occur, trying to correct for them Or active approach Anticipating problems and taking corrective actions beforehand 17 Transactional leaders Don t inspire their workers to give more than what s necessary Only motivates workers through transactions, not via emotions or values Don t do much to foster innovation or develop new leaders 18 5

6 19 20 Research show transformational leaders Greatly increase worker productivity and satisfaction Form goals that inspire employees Push employees to challenge themselves Foster high initiative and innovation 21 6