Tuesday, September 17, 2013

2BECOME AN EXCEPTIONAL LEADER: CORE LEADERSHIP THEORIES

(EXTRACTION FROM LEADERSHIP SKILLS at http://www.mindtools.com)

 

CORE LEADERSHIP THEORIES
There is no "magic combination" of characteristics that makes a leader successful, and different characteristics matter in different circumstances.
THE FOUR CORE THEORY GROUPS
Trait Theories
(What Type of Person Makes a Good Leader?)
Trait theories argue that effective leaders share a number of common personality characteristics, or "traits."
·        The theories help us identify traits and qualities (for example, integrity, empathy, assertiveness, good decision-making skills, and likability) that are helpful when leading others.
·        Traits are external behaviours that emerge from the things going on within our minds – and it's these internal beliefs and processes that are important for effective leadership.
Behavioral Theories (What Does a Good Leader Do?)
Behavioural theories focus on how leaders behave.
In the 1930s, Kurt Lewin developed a framework based on a leader's behaviour. He argued that there are three types of leaders:
·        Autocratic leaders make decisions without consulting their teams.
o   appropriate when decisions need to be made quickly,
o   when there's no need for input, and
o   when team agreement isn't necessary for a successful outcome.
o   Helps manage your priorities, time, and resources to get there.
·        Democratic leaders allow the team to provide input before making a decision, although the degree of input can vary from leader to leader.
o   This style is important when team agreement matters, but it can be difficult to manage when there are lots of different perspectives and ideas.
·        Laissez-faire leaders don't interfere; they allow people within the team to make many of the decisions.
o   This works well when the team is highly capable, is motivated, and doesn't need close supervision.
o   This behaviour can arise because the leader is lazy or distracted.
How leaders behave affects their performance.  The best leaders are those who can use many different behavioural styles, and choose the right style for each situation.
Contingency Theories
(How Does the Situation Influence Good Leadership?)
These theories try to predict which style is best in which circumstance realizing that there is no one correct type of leader.
Power and Influence Theories
(What is the Source of the Leader's Power?)
Power and influence theories of leadership are based on the different ways that leaders use power and influence to get things done.
·        The most well-known of these theories is French and Raven's Five Forms of Power.
o   three types of positional power – legitimate, reward, and coercive
o   and two sources of personal power – expert and referent (your personal appeal and charm)
o   work on building expert power (the power that comes with being a real expert in the job) because this is the most legitimate source of personal power.
·        Another leadership style is transactional leadership.

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