Welcome to session on Leadership
description
Transcript of Welcome to session on Leadership
Welcome to session onLeadership
What is Leadership ?What is Leadership ? “The process of influencing the activities of
an organized group in its efforts toward goal setting and goal achievement”
(Stogdill, 1950, p. 3)
“Influencing, motivating, and enabling others
to contribute toward the effectiveness and success of the organizations of which they are members”
Before We Begin… Which famous leaders can you think of?
1. Bill Gates (Microsoft)2. Jack Welch (GE)3. Carlos Ghosn (Nissan)4. Warren Buffett (Berkshire Hathaway)5. Michael Dell (Dell Computer)6. Hiroshi Okuda (Toyota)
(According to Price Waterhouse Coopers & Financial Times study)
Leaders- The World respects the most!
(2004)
7. Jeff Immelt (GE)8. Carly Fiorina (HP)9. Steve Jobs (Apple)10. Fujio Mitarai (Canon)11. Lou Grstner ( IBM)
(According to Price Waterhouse Coopers & Financial Times study)
Continued…
Most admired Indian Leaders.
Narayan Murthy 40%Dhirubhai Ambani 21%Azim Premji 6%Kumaramangalam Birla 6%Tatas 3%
[SOURCE: SURVEY CONDUCTED BY LEADING B-SCHOOLS AMONG MBA STUDENTS IN THE COUNTRY]
LEADERSHIP THEORIES
TRAIT THEORYTRAIT THEORY
BEHAORIVAL BEHAORIVAL THOERYTHOERY
MANAGERIAL GRID GRID
PATH GOAL FRAMEWORK
Trait TheoryTrait Theory
Ambitionand Energy
Desireto Lead
Self-Confidence
Honestyand Integrity
Intelligence
“Can-Do” Attitude
Behavioral TheoriesBehavioral Theories
Ohio StateOhio State
Employee-OrientationEmployee-Orientation
Production-OrientationProduction-OrientationUniversity ofUniversity of
MichiganMichigan
Initiating StructureInitiating Structure
ConsiderationConsideration
Managerial GridCountry ClubManagement
TeamManagement
AuthoritativeManagement
ImpoverishedManagement
Middle-of-the RoadManagement
Concern for People
Concern for Production
Level 5 -- Executive
Level 4 -- Effective Leader
Level 3 -- Competent Manager
Level 2 -- Contributing Team Member
Level 1 -- Highly capable individual
Leadership Levels
LEADERSHIP TYPES
VISIONARYVISIONARY
CHARISMATICCHARISMATIC
TRANSFORMATIONATRANSFORMATIONALL
Role Play
Leadership “Style” Autocratic – “dictator”
Democratic – “boss”
Laissez Faire – “guidance”
Want To Know More About Your Leadership
Style?
Leadership Styles..Directing: Close supervision; Leaders define role and task; Largely one way communication
Supportive: Leader still defines roles and tasks but seeks
ideas/suggestions from the followers. Decision still with leader. More two-way communication
Leadership Styles..Consulting: Day-to-day decisions rests with the followers, Leader facilitates and takes part in decisions, The control is with the follower.
Delegating: Leaders are still involved in decisions and problem-
solving, The control is with the follower. The follower decides when and how the leader will be
involved.
Passion
EmpathyInnovation Maturity Achievement
drive
Honesty
Key Traits of Successful Leaders
TraitsTraits
Self Awareness Innovation Commitment High Energy
Level
Stress Tolerance
Key Traits of Successful Leaders
TraitsTraits
Courage
IntegrityIntegrity
DriveDrive
• Truthfulness• Translates words into deeds
• Inner motivation to pursue goals• Need for achievement, quest to learn
Leadership Leadership MotivationMotivation
• High need for socialized power to accomplish team’s or firm’s goals
Emotional Emotional IntelligenceIntelligence
• Perceiving, assimilating, understanding, and regulating emotions
Seven Leadership Competencies
more
IntelligenceIntelligence• Above average cognitive ability• Can analyse problems/opportunities
Knowledge ofKnowledge ofthe Businessthe Business
• Familiar with business environment• Aids intuitive decision making
Self-ConfidenceSelf-Confidence• High self-efficacy regarding ability to
lead others
Seven Leadership Competencies (con’t)
The Five Ps of Leadership Pay attention to what’s importantPraise what you want to continuePunish what you want to stopPay for the results you wantPromote those people who deliver
those results
An Effective leader Does not listen
Fails to delegate Does not show respect Shows no interest in followers Gives negative feedback to a third party Does not praise when praise is due Criticizes in front of others Takes personal credit for others ideas Is always taking control Has a tendency to bully!
How to Improve Your Leadership Skills
Skill 1: Think Like a Leader Identify what is happening Explain why it is happening Decide what you are going to do about
it. Skill 2: Use an Appropriate Leadership
Style Leaders usually fit their style to the
situation. Different leadership styles are
appropriate to different situations.
Skill 3: Pick the Right Leadership Situation Gravitate toward leadership situations
that fit your favored leadership style. Skill 4: Good communication skills
Listen carefully Ask questions and paraphrase to confirm Speak slowly and clearly Have listeners repeat the understanding
of what was said. Encourage questions.
Continue…
Skill 5: Exercise Better Judgment Decisiveness and good judgment (“cognitive
ability”) are important leadership traits.
Skill 6: Improve Leadership Traits and Skills Exhibit self-confidence. Display honesty and integrity. Increase your knowledge of the business.
Continue…
Leadership—Practical Tips1. Project energy.
2. Be involved and involve others.3. Assist evaluation and change for the group.4. Persuade and persevere.5. Look beyond the obvious.6. Maintain perspective.7. Target energy on success opportunities.8. Influence cooperative action.9. Support creativity.10. Take the initiative.11. Ignore the negative.
LEADERSHIP ETIQUETTE
MAKE DECISIONS THAT ENHANCE THE ENTIRE GROUP RATHER THAN YOURSELF
REALIZE YOU ALSO HAVE A SUPERIOR
EXAMPLE OF FAIR PLAY, INTEGRITY & DEPENDABILITY
KNOW THAT POWER IS GIVEN BY THE MEMBERS & CAN BE TAKEN AWAY
LEADERSHIP ETIQUETTE
GENUINELY LISTENS TO THE NEEDS, FEEDBACK AND SUGGESTIONS OF MEMBERS, NOT JUST A SELECT FEW
UNDERSTAND THAT LEADERSHIP IS NOT A GLORY POSITION, BUT A RESPONSIBILITY POSITION
BE WILLING TO ROLL UP SLEEVES & HELP WHEN THE GOING GETS TOUGH
LEADERSHIP ETIQUETTE
THE ENTIRE GROUP, NOT FOR SELF KNOWS THAT WITHOUT THE WORK, SUPPORT & DEDICATION OF ALL MEMBERS, THE ORGANIZAITON WILL NOT BE SUCCESSFUL
SACRIFICE PERSONAL GLORY & RECOGNITION TO SHARE WITH ALL FOLLOWERS
WORK FOR THE SUCCESS OF THE ENTIRE GROUP, NOT FOR SELF
Five negative leadership traits that prevent
individuals from being leaders Uninformed about the problem being
discussed Non-participative Rigid in holding on to their ideas Authoritarian in bossing others around Offensive and abusive in language style