BU288 Chapter Notes - Chapter 9: Servant Leadership, Hierarchical Organization, Social Capital
Document Summary
Leadership: influence that particular individuals exert on the goal achievement of others in an organizational context. Effective leadership enhances productivity, innovation, satisfaction, and commitment of workforce. Motivating people and gaining their commitment; changing the way people think, feel, and behave, and they can have a positive effect on individuals, groups, units, and organizations. Strategic leadership: leadership that involves the ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization. Strategic leaders provide organization with sustainable competitive advantage by helping organizations compete in turbulent and unpredictable environments and by exploiting growth opportunities. Strategic leaders are open and honest in interactions with stakeholders, and focus on future. Those who become leaders and do a good job of it possess a special set of traits that distinguish them from mass of followers. Trait theory of leadership: leadership depends on personal qualities or traits of the leader.
