3 Most important theories
Charasmatic leadership theory
Transformational / transactional leadership
D.I.S.C. concept
Charasmatic leadership theory - Pros and Cons
Pros:
Inspiration of others
Alignment to central mission
Learning from mistakes
Clear purpose
Contra:
Tunnel vision or arrogance
Dependence of the organization
Loss of responsibility for others
Ignoring mistakes
Loss of solid ground
Which leader behaviors support charismatic leadership?
pursuit and articulation of a clear vision
exemplification of values,
arouse enthusiasm and motivate the guided employees
communication of performance expectations (e.g., when leading through targets)
contribution of high personal commitment for the fulfillment of tasks and
demonstrating the willingness to take personal risks
How can charismatic leadership be influenced?
How does charismatic leadership work?
Transactional vs transformational leadership - Transactional Example
On the one hand, Daisy is very structured and focuses on the identification of job-related motives of her employees. Thereby, Daisy discusses job-related and individual goals with employees and agrees on clear goals with them. She evaluates her employees on a regular basis. She prefers a performance-oriented remuneration of her employees. Besides, for a smooth workflow Daisy delegates tasks very carefully.
Transactional vs transformational leadership - Transformational Example
On the other hand, Dave is known for his charismatic personality. His employees describe him as authentic and inspirational. He promotes team spirit by challenging his employees. If his team is successful, he will recognize their good ideas. If his team has weaknesses, he encourages them to think in new, questioning deadlocked behavior patterns and regularly discusses ideas with them. This shows in his effort to identify strengths and potentials of his employees.
Examples: Jeff Bezos, Walt Disney, Reed Hastings (CEO of Netflix)
Transactional vs transformational leadership - Risks and disadvantages
Success of both leaders depends on the needs and goals of employee and ultimately the fit between leader and employer.
Transactional leadership - Dimension
Transformational leadership - Performance implications
Relationship between leadership styles
Distinction of both leadership styles
D.I.S.C. concept - basic idea
D.I.S.C. concept - Dominance - Traits: Strength and weakness
D.I.S.C. concept - Initiative - Traits: Strength and weakness
D.I.S.C. concept - Steadiness - Traits: Strength and weakness
D.I.S.C. concept - Conscientiousness - Traits: Strength and weakness
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