Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-1 Copyright © 2011 Pearson Canada Inc. Chapter 8 Business Management 12 Introduction to Leadership

Early Leadership Theories Trait Theories (1920s–30s) –Attempted to isolate traits that leaders possessed and non leaders did not –Research to identify a set of traits that would always differentiate leaders was unsuccessful Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-2 Copyright © 2011 Pearson Canada Inc.

Early Leadership Theories cont’d.. –More recent research focused on the leadership process (not the person) has been more successful –Seven traits have been associated with effective leadership

Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-4 Copyright © 2011 Pearson Canada Inc. Seven Traits of Leadership Drive and ambition – High level of effort Desire to Lead – strong desire to influence others Honesty and Integrity – Build trusting relationships Self-Confidence – Little self doubt Intelligence Job-Relevant Knowledge Extraversion - Energetic and Lively

Leading Change Transactional Leadership –Guiding or motivating followers towards established goals by clarifying role and task requirements Charismatic Leadership –Enthusiastic, self-confident leaders whose personality and actions influence people to behave in certain ways Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-5 Copyright © 2011 Pearson Canada Inc.

Leading Change contd. Transformational Leadership –Leaders who inspire followers to transcend their own self-interests for the good of the organization –Leaders who have a profound and extraordinary effect on their followers –Four factors that characterize transformational leaders: Individualized consideration Intellectual stimulation Inspirational motivation Idealized influence Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-6 Copyright © 2011 Pearson Canada Inc.

Leading Change (cont’d) –Characteristics of charismatic leaders: Have a vision Can articulate that vision Take risks to achieve that vision Are sensitive to the environment and to follower needs Exhibit behaviours that are out of the ordinary Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-7 Copyright © 2011 Pearson Canada Inc.

Effects of Charismatic Leadership –Increased motivation and greater satisfaction –More profitable companies –Charismatic leadership may have a downside After recent ethics scandals, CEOs with less vision, and more ethical and corporate responsibility may be more desirable Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-8 Copyright © 2011 Pearson Canada Inc. Leading Change (cont’d)

Visionary Leadership –The ability to create and articulate a realistic, credible, and attractive vision of the future that improves upon the present situation –Visionary leaders have the ability to: Explain the vision to others Express the vision not just verbally but through behaviour Extend or apply the vision to different leadership contexts Chapter 8, Stephen P. Robbins, Mary Coulter, and Nancy Langton, Fundamentals of Management, Sixth Canadian Edition 8-9 Copyright © 2011 Pearson Canada Inc. Leading Change (cont’d)