Business Administration 3323K Chapter Notes -Neuroticism, Conscientiousness, Ethnocentrism

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Blog Readings- week 2 Sept.15
Blog 1: HBR Blog Network Three Differences between managers and leaders
#1. Counting value vs. Creating value:
Managers count value- you don’t add value yourself, but observe the value other people have,
subtracting value if you distract your employees
Leaders create value- generates more value than the team creates, leads by example and enabling
people
#2. Circles of influence vs. Circles of power:
- The more people that come to you for advice, the more likely you are perceived as a leader
- Managers create a power hierarchy, leaders allow everyone to be equal, treating followers well
(influencing them, not controlling them)
#3. Leading people vs. managing work:
Management- controlling a group to accomplish a goal
Leadership- one’s ability to influence, motivate and enable others to contribute towards organizational
success
*influence and inspiration separate leaders from managers
*when you stop discussing tasks at hand, and talk about vision, purpose and aspirations instead, you have
become a leader
Blog 2: Wall Street Journal What is the Difference Between Management and
Leadership?
Manager’s job: to plan, organize, coordinate, administer, is a copy, focuses on system and structure,
relies on control, accepts norms, does things right
- In the past: to follow orders, organize the work, assign people to do the tasks, ensure job was completed
in orderly fashion. Focus=efficiency
- Today: people look to managers to define a purpose for doing tasks, and organize workers to nurture
skills, develop talent and inspire results
*believes with the rise of the ‘knowledge worker’ today, they want their managers to ‘manage’ with a
leadership style- leading people and use everyone’s strengths
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Leader’s job: to inspire, motivate, innovate, is an original, focuses on people, inspires trust, challenges
norms, does right thing
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Intro to Leadership: Ch. 3 Sept.23
Engaging People’s Strengths
Strength: an attribute or quality of an individual that accounts for successful performance
- Ability to consistently demonstrate exceptional work
Gallup Organization: public opinion research organization that conducts political polling and research in
social sciences
- developed StrengthFinder program: online assessment of people’s talents and strengths
- strengths are a key factor for effective leadership development and performance
Four Domains of Leadership Strength
1. Executing
2. Influence
3. Relationship Building
4. Strategic Thinking
Positive Psychology: the scientific study of what makes life worth living
- studies people’s positive experiences, traits (characteristics and talents) and institutions (family, school)
- not studying what is wrong with people and their weaknesses, but what is right with people and their
positive attributes
Talent: stable, fixed characteristics that are not easily changed
- strengths emerge from talents: strengths come from having a talent and further developing the talent by
gaining additional knowledge, skills and practice
Strength Equation:
TALENT (a natural way of thinking, feeling or behaving) X
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