7. Leadership B 7 / 1 BUSINESS ECONOMICS 5 / 6

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7. Leadership B 7 / 1 BUSINESS ECONOMICS 5 / 6 Copyright Mark Van Couwenberghe, 2017-2018

7.0 OVERVIEW B 7 / 2 7.1 WHAT IS LEADERSHIP? page B 7 / 3 7.2 ROLES OF A LEADER page B 7 / 5 7.3 TYPES OF LEADERS page B 7 / 7 7.4 LEADERSHIP AND MOTIVATION page B 7 / 8 7.5 EXERCISES page B 7 / 13 7.6 VOCABULARY page B 7 / 15 Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 3 7.1 WHAT IS LEADERSHIP? Former US President Barack Obama was considered to be a good leader. Can you think of specific examples that support this? Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 4 Leadership is the talent to guide the work of others and to make them help achieving the company targets Leadership is essential to a business Explain: Search for informaton on Wouter Torfs (CEO Torfs) and find-out why he is a successful leader: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 5 7.2 ROLES OF A LEADER Frank is managing a snackbar business As the company’s CEO, he is the leader of his team Give examples of the different roles he plays as a leader? Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 6 1 2 3 4 5 6 7 8 Copyright Mark Van Couwenberghe, 2017-2018

7.3 TYPES OF LEADERS B 7 / 7 TYPE OF LEADER CHARACTERISTICS 1 Autocratic leader 2 Democratic leader 3 “Laissez faire” leader 4 Paternalistic leader In reality, “leaders” show a mix of leadership types Most good leaders are: competent, charismatic, stubborn, ambitious, straightfoward Copyright Mark Van Couwenberghe, 2017-2018

7.4 LEADERSHIP AND MOTIVATION B 7 / 8 7.4 LEADERSHIP AND MOTIVATION The most important role of a leader is: Explain: There are 3 models in economic science that analyze motivation and explain how to deal with it: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 9 1 TAYLOR Comment: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 10 2 MASLOW Comment: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 11 3 HERZBERG Comment: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 12 And this is the link between 2 and 3: Comment: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 13 7.5 EXERCISES Select and contact a SME in your neighborhood and conduct an interview with the management & members of the staff on the: Leadership style of the CEO Ways used in the company to motivate the staff Write-down a summary on this page and the following page: Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 14 Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 15 7.6 VOCABULARY EN NL Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 16 EN NL Copyright Mark Van Couwenberghe, 2017-2018

B 7 / 17 EN NL Copyright Mark Van Couwenberghe, 2017-2018