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Welcome to session on Leadership

Welcome to session on Leadership. What is Leadership ?. “ The process of influencing the activities of an organized group in its efforts toward goal setting and goal achievement” (Stogdill, 1950, p. 3)

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Welcome to session on Leadership

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  1. Welcome to session onLeadership

  2. What is Leadership ? “The process of influencing the activities of an organized group in its efforts toward goal setting and goal achievement” (Stogdill, 1950, p. 3) “Influencing, motivating, and enabling others to contribute toward the effectiveness and success of the organizations of which they are members”

  3. Before We Begin… • Which famous leaders can you think of?

  4. Leaders- The World respects the most! (2004) • Bill Gates (Microsoft) • Jack Welch (GE) • Carlos Ghosn (Nissan) • Warren Buffett (Berkshire Hathaway) • Michael Dell (Dell Computer) • Hiroshi Okuda (Toyota) (According to Price Waterhouse Coopers & Financial Times study)

  5. Continued… • Jeff Immelt (GE) • Carly Fiorina (HP) • Steve Jobs (Apple) • Fujio Mitarai (Canon) • Lou Grstner ( IBM) (According to Price Waterhouse Coopers & Financial Times study)

  6. Most admired Indian Leaders. Narayan Murthy 40% Dhirubhai Ambani 21% Azim Premji 6% Kumaramangalam Birla 6% Tatas 3% [SOURCE: SURVEY CONDUCTED BY LEADING B-SCHOOLS AMONG MBA STUDENTS IN THE COUNTRY]

  7. LEADERSHIP THEORIES TRAIT THEORY BEHAORIVAL THOERY MANAGERIAL GRID PATH GOAL FRAMEWORK

  8. Trait Theory Desire to Lead “Can-Do” Attitude Honesty and Integrity Self- Confidence Intelligence Ambition and Energy

  9. Behavioral Theories Initiating Structure Ohio State Consideration Employee-Orientation University of Michigan Production-Orientation

  10. Managerial Grid Country Club Management Team Management Concern for People Middle-of-the Road Management Impoverished Management Authoritative Management Concern for Production

  11. Leadership Levels Level 5 -- Executive Level 4 -- Effective Leader Level 3 -- Competent Manager Level 2 -- Contributing Team Member Level 1 -- Highly capable individual

  12. LEADERSHIP TYPES VISIONARY CHARISMATIC TRANSFORMATIONAL

  13. Role Play

  14. Leadership “Style” • Autocratic – “dictator” • Democratic – “boss” • Laissez Faire – “guidance”

  15. Want To Know More About Your Leadership Style?

  16. Leadership Styles.. Directing: • Close supervision; • Leaders define role and task; • Largely one way communication Supportive: • Leader still defines roles and tasks but seeks ideas/suggestions from the followers. • Decision still with leader. • More two-way communication

  17. Leadership Styles.. Consulting: • Day-to-day decisions rests with the followers, • Leader facilitates and takes part in decisions, • The control is with the follower. Delegating: • Leaders are still involved in decisions and problem-solving, • The control is with the follower.  • The follower decides when and how the leader will be involved.

  18. Passion Honesty • Empathy • Innovation Maturity Achievement drive Key Traits of Successful Leaders Traits

  19. Stress Tolerance • Self • Awareness • Innovation Commitment High Energy Level Key Traits of Successful Leaders Traits Courage

  20. more Seven Leadership Competencies Emotional Intelligence • Perceiving, assimilating, understanding, and regulating emotions Integrity • Truthfulness • Translates words into deeds Drive • Inner motivation to pursue goals • Need for achievement, quest to learn Leadership Motivation • High need for socialized power to accomplish team’s or firm’s goals

  21. Seven Leadership Competencies (con’t) Self-Confidence • High self-efficacy regarding ability to lead others Intelligence • Above average cognitive ability • Can analyse problems/opportunities Knowledge ofthe Business • Familiar with business environment • Aids intuitive decision making

  22. The Five Ps of Leadership • Pay attention to what’s important • Praise what you want to continue • Punish what you want to stop • Pay for the results you want • Promote those people who deliver those results

  23. An Effective leader • Does not listen • Fails to delegate • Does not show respect • Shows no interest in followers • Gives negative feedback to a third party • Does not praise when praise is due • Criticizes in front of others • Takes personal credit for others ideas • Is always taking control • Has a tendency to bully!

  24. How to Improve Your Leadership Skills • Skill 1: Think Like a Leader • Identify what is happening • Explain why it is happening • Decide what you are going to do about it. • Skill 2: Use an Appropriate Leadership Style • Leaders usually fit their style to the situation. • Different leadership styles are appropriate to different situations.

  25. Continue… • Skill 3: Pick the Right Leadership Situation • Gravitate toward leadership situations that fit your favored leadership style. • Skill 4: Good communication skills • Listen carefully • Ask questions and paraphrase to confirm • Speak slowly and clearly • Have listeners repeat the understanding of what was said. • Encourage questions.

  26. Continue… • Skill 5: Exercise Better Judgment • Decisiveness and good judgment (“cognitive ability”) are important leadership traits. • Skill 6: Improve Leadership Traits and Skills • Exhibit self-confidence. • Display honesty and integrity. • Increase your knowledge of the business.

  27. Leadership—Practical Tips 1. Project energy. 2. Be involved and involve others. 3. Assist evaluation and change for the group. 4. Persuade and persevere. 5. Look beyond the obvious. 6. Maintain perspective. 7. Target energy on success opportunities. 8. Influence cooperative action. 9. Support creativity. 10. Take the initiative. 11. Ignore the negative.

  28. LEADERSHIP ETIQUETTE • MAKE DECISIONS THAT ENHANCE THE ENTIRE GROUP RATHER THAN YOURSELF • REALIZE YOU ALSO HAVE A SUPERIOR • EXAMPLE OF FAIR PLAY, INTEGRITY & DEPENDABILITY • KNOW THAT POWER IS GIVEN BY THE MEMBERS & CAN BE TAKEN AWAY

  29. LEADERSHIP ETIQUETTE • GENUINELY LISTENS TO THE NEEDS, FEEDBACK AND SUGGESTIONS OF MEMBERS, NOT JUST A SELECT FEW • UNDERSTAND THAT LEADERSHIP IS NOT A GLORY POSITION, BUT A RESPONSIBILITY POSITION • BE WILLING TO ROLL UP SLEEVES & HELP WHEN THE GOING GETS TOUGH

  30. LEADERSHIP ETIQUETTE • THE ENTIRE GROUP, NOT FOR SELF KNOWS THAT WITHOUT THE WORK, SUPPORT & DEDICATION OF ALL MEMBERS, THE ORGANIZAITON WILL NOT BE SUCCESSFUL • SACRIFICE PERSONAL GLORY & RECOGNITION TO SHARE WITH ALL FOLLOWERS • WORK FOR THE SUCCESS OF THE ENTIRE GROUP, NOT FOR SELF

  31. Five negative leadership traits that prevent individuals from being leaders • Uninformed about the problem being discussed • Non-participative • Rigid in holding on to their ideas • Authoritarian in bossing others around • Offensive and abusive in language style

  32. THANK YOU

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