BU288 Study Guide - Final Guide: Unbridled, Contingency Theory
Document Summary
Contingency theory: leadership orientation and group effectiveness contingent on how favourable the situation is to exert influence (favourable when high leader member exchange, task is highly structured, and leader has formal authority to tell people what to do) Cognitive resource theory: where leaders" cognitive abilities (intelligence, expertise, experience) contribute to effective leadership. Path-goal theory: situations where leader behaviours (directive, supportive, participative, achievement oriented) are most effective. Directive: similar to initiating structure; schedule work, maintain performance, set expectations. Participative: consult with employees about work matters and consider their opinions. Achievement oriented: encourage employees to work hard, believe in them. Disadvantages: time and energy, loss of power, lack of receptivity and knowledge. Leader-member exchange theory: quality of relationship between leader and member. Transactional leadership: straightforward exchange relationship between leader and followers (leader assigns tasks, employees perform well, leader rewards employees) Transformational leadership: leader provides followers with new vision that instils true commitment.
