MGMT 2130 Chapter Notes - Chapter 14: Trait Theory, Decision Theory, Externals

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Process of influencing others to achieve group or organizational goals. Leaders focus on vision, mission, goals, and objectives, while managers focus on productivity and efficiency. Leaders take a long term perspective, while managers take a short one. Leaders are more concerned with ends, while managers are concerned with means. Relatively stable characteristics, such as abilities, psychological motives, and patterns of behavior. Leaders have drive, the desire to lead, honesty/integrity, self-confidence, emotional stability, cognitive ability and knowledge of the business. Two basic leader behaviors emerged as central to successful leadership (1) initiating structure (job centred leadership/concern for production) The degree to which a leader structures the roles of followers by setting goals, giving directions, setting deadlines, and assigning tasks (2) considerate leader behavior (employee-centred leadership/concern for people) The extent to which a leader is friendly, approachable, and supportive and shows concern for employees. Leaders care about having a friendly and enjoyable work environment and that"s it.

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