BUS 272 Chapter Notes - Chapter 11: Contingency Theory, Trait Theory, Internal Control

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 272
• Professor: Lieketen Brummelhuis

Document Summary

Leadership is the ability to influence a group towards the achievement of a vision or set of goals. Leaders can emerge from within the group as well as from formal appointment. Whereas, management is useful for stable, day-to-day activities. Managers: explaining a task, registering absenteeism, giving feedback on the daily tasks done, rewarding an employee for a job well done. Leaders: co(cid:373)(cid:373)u(cid:374)i(cid:272)ati(cid:374)g the (cid:455)ear"s targets/ visions of the future, e(cid:454)plai(cid:374)i(cid:374)g the (cid:272)o(cid:373)pa(cid:374)(cid:455)"s (cid:373)issio(cid:374, setting an example of ethical behaviour, motivating employees in general, challenging the status quo. We will discuss two major attributes that defines a leader in an organization: managing those around them to get the day-to-day tasks done, inspiring others to do the extraordinary. We need to identify these traits in order to find people who possess such qualities. However, this theory helps in predicting the emergence of leadersinstead of what are the best qualities needed to become a great leader.