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Unit 5 Seminar – Leading. Introduction to Management. Welcome to AB140. Agenda. Unit 4 Review Unit 5 Objectives Unit 5 Work Key Concepts Conclusion of Seminar. Identify characteristics of vertical and horizontal organizational structures Identify levels of authority in an organization.
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Unit 5 Seminar – Leading Introduction to Management Welcome to AB140
Agenda Unit 4 Review Unit 5 Objectives Unit 5 Work Key Concepts Conclusion of Seminar
Identify characteristics of vertical and horizontal organizational structures • Identify levels of authority in an organization. • Discuss delegation UNIT 4 REVIEW
Unit 5 Objectives • During this unit we will: • Designate conclusions to management issues • Discuss the difference between managing and leading • Identify aspects of employee motivation
First - Complete assigned textbook Reading Chapters 9 and 10 • Participate in theDiscussion • Attend the Seminar • Quiz • Take the Review TASK LIST
Post by Saturday Must be at least 100 words Spelling and grammar count! UNIT 5 DISCUSSION
Unit 5 Participation Two responses to your classmates. Must be substantial Just saying “I agree” will not receive credit Posts must enhance and advance the discussion Utilize the readings and research Messages need to be on-topic
Ten multiple choice questions You may only take the quiz one time Two hours QUIZ
Key Concepts • Leading is one of the four primary functions of management. • Effective leaders are talented in combining strategy and interpersonal skills to formulate plans and implement strategies that create positive results. • There are key similarities and differences between leading and managing. • Managers can employ practical, effective techniques for increasing people’s effort and performance.
Not all managers are leaders Not all leaders are managers LEADERSHIP
Ideal Unique Necessary for effective leadership Vision statement are not limited to the top of the organization VISION
STRATEGIC LEADERSHIP SUPERVISORY LEADERSHIP TYPES OF LEADERSHIP
POWER and LEADERSHIP • Sources of Power • Legitimate Power • Reward Power • Coercive Power • Referent Power • Expert Power
Trait approach Behavior approach Situational approach APPROACHES TO LEADERSHIP
Drive Leadership motivation Integrity Self-confidence Knowledge of the business TRAIT APPROACH
Task performance behaviors Group maintenance behaviors Leader-member exchange theory (LMX) Autocratic leadership Democratic leadership BEHAVIORAL APPROACH
Leadership styles vary by situation Vroom Model Fiedler’s Contingency Theory Path-goal Theory (Robert House) Hersey & Blanchard (situational theory) SITUATIONAL APPROACH
CHARISMATIC LEADERS • Leaders who are dominant, self-confident, convinced of the righteousness of his or her beliefs, and able to arouse a sense of excitement and adventure in followers.
Transformational Leaders: Leaders who motivate people to transcend their personal interests for the good of the group. TRANSFORMATIONAL LEADERS
Leaders who manage through their transactions, using their legitimate reward, and coercive powers to give commands and exchange rewards for services rendered. TRANSACTIONAL LEADERS
James Colvard had the following to say about the differences between managers and leaders http://www.govexec.com/dailyfed/0703/070703ff.htm Manager vs. Leader (Continued)
Motivation is the activation or energization of goal-oriented behavior. • Motivation may be internal or external. MOTIVATION
Meaningful Acceptable to employees Specific and quantifiable SMART SETTING GOALS
Positive reinforcement Negative reinforcement Punishment Extinction REINFORCING PERFORMANCE
From customers From managers From data collection Performance reviews Management control systems FEEDBACK
The following short quiz consists of 4 questions and will tell you whether you are qualified to be a manager. The questions are NOT that difficult. WHAT DOES IT TAKE TO BE A MANAGER?
How do you put a giraffe into a refrigerator? And the answer is… QUESTION 1
2. How do you put an elephant into a refrigerator? • Did you say, Open the refrigerator, put in the elephant, and close the refrigerator? • Wrong Answer. • The correct answer is… QUESTION 2
The Lion King is hosting an animal conference. All the animals attend...except one. Which animal does not attend? Correct Answer… Okay, even if you did not answer the first three questions correctly, you still have one more chance to show your true abilities. QUESTION 3
4. There is a river you must cross but it is used by crocodiles, and you do not have a boat. How do you manage it? QUESTION 4
According to Anderson Consulting Worldwide, around 90% of the professionals they tested got all questions wrong, but many preschoolers got several correct answers. Anderson Consulting says this conclusively disproves the theory that most professionals have the brains of a four-year-old. FINAL THOUGHTS!
See you next week! After this seminar has concluded, there will be a recording in the archives located in the seminar room. It may be selected by date.
Thank You for Joining Me This Evening! Good Night All!