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MGT 424 Senior Seminar in Management

MGT 424 Senior Seminar in Management. Week 3 LEADERSHIP. MGT 424. “The first requirement of Leadership is Knowledge” Tom Landry Dallas Cowboys To properly lead, we must understand that leading is NOT just giving orders. MGT 424.

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MGT 424 Senior Seminar in Management

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  1. MGT 424 Senior Seminar in Management Week 3 LEADERSHIP MGT 424 WJ Patterson Week 3 - Leadership

  2. MGT 424 • “The first requirement of Leadership is Knowledge” Tom Landry Dallas Cowboys • To properly lead, we must understand that leading is NOT just giving orders. MGT 424 WJ Patterson Week 3 - Leadership

  3. MGT 424 • “You cannot manage men into battle. You manage things, you lead people.” Admiral Grace Murray Hooper MGT 424 WJ Patterson Week 3 - Leadership

  4. MGT 424 • Difference between Leader & Leadership • Leader is an individual • Leadership is a function or activity the individual performs. MGT 424 WJ Patterson Week 3 - Leadership

  5. MGT 424 • “The essence of real leadership is to allow your people to see your need and desire for learning. Your actions speak more than your words. Today’s leaders must be students of change first, before they become teachers of others.” Jack Kahl MGT 424 WJ Patterson Week 3 - Leadership

  6. MGT 424 • Leadership is the art and science that deals with the relationship and understanding of people . • Leadership is basically human engineering. • Leadership is influencing. • Leadership is the influence that particular individuals exert upon the goal achievement of others in an organizational context. • A leader embraces change. MGT 424 WJ Patterson Week 3 - Leadership

  7. MGT 424 • Effective leadership exerts influence in a way that achieves organizational goals by enhancing the productivity, innovation, satisfaction, and commitment of the workforce. • Leadership focuses on positive influence, inspiring others and creating a vision of the future. MGT 424 WJ Patterson Week 3 - Leadership

  8. MGT 424 • Leadership is situational and balances an interest for people with a concern for task accomplishments. • Leadership invokes direction, opportunity, renewal and a human approach to business challenges. • Leaders have passion. MGT 424 WJ Patterson Week 3 - Leadership

  9. MGT 424 • Leadership embraces consensus, empowerment, mentoring, and a transformational approach to impacting an organization. • Leaders are judged by sustained success. • Leaders are teachers. MGT 424 WJ Patterson Week 3 - Leadership

  10. MGT 424 • Leaders convey values, energy and heart. • Leaders foster motivation and action. • Winning companies have leaders at every level. MGT 424 WJ Patterson Week 3 - Leadership

  11. MGT 424 • “Leadership is not magnetic personality – that can just as well be a glib tongue. It is not “making friends and influencing people” – that is flattery. Leadership is lifting a person’s vision to higher sights, raising a person’s performance to a higher standard, building a personality beyond its normal limitations. The role of leadership is to create a vision, be a servant and, understand, trust and love your people.” Peter Drucker MGT 424 WJ Patterson Week 3 - Leadership

  12. MGT 424 • The three C’s of visionary leadership: • create a vision • communicate the vision • construct a vision • L = f (l, f, s) which means leadership = follower (leader, follower, situation). MGT 424 WJ Patterson Week 3 - Leadership

  13. MGT 424 • The 12 Qualities of Leadership • Has A Mission That Matters • Is A Big Thinker • Has High Ethics • Masters Change • Is Sensitive • Is A Risk Taker MGT 424 WJ Patterson Week 3 - Leadership

  14. MGT 424 • The 12 Qualities of Leadership (cont) • Is A Decision Maker • Uses Power Wisely • Communicates Effectively • Is A Team Builder • Is Courageous • Is Committed MGT 424 WJ Patterson Week 3 - Leadership

  15. Managers Do things right Command/Control Seeks Stability Seeks Predictability Structural Internally Focused Leaders Do the RIGHT thing Inspires/Empowers Seeks Change Seeks Flexibility Found Anywhere in organization Externally Focused MGT 424Diff. Between Leaders & Managers MGT 424 WJ Patterson Week 3 - Leadership

  16. MGT 424 • “In dealing with people, remember that you are not dealing with creatures of logic, but your dealing with creatures of emotion.” Dale Carniege MGT 424 WJ Patterson Week 3 - Leadership

  17. MGT 424 • Excellence in Leadership requires 3 things: • Ability to attract capable people • Ability to motive people to give their best efforts every day • Ability to solve problems MGT 424 WJ Patterson Week 3 - Leadership

  18. MGT 424 Plan Mission Goals Objectives Communicate Motivate Inspire Lead Organize Structure Job Description Responsibility Control Reward Feedback Assesment MGT 424 WJ Patterson Week 3 - Leadership

  19. MGT 424 • Questions for thought • Can anyone become a leader? • Who makes better leaders, Men or Women? • Can one be both a leader AND a manager? MGT 424 WJ Patterson Week 3 - Leadership

  20. Puzzle of the Week • A company has 10 machines that produce gold coins. One of the machines are producing coins that weigh one gram light. How do you tell which machine is making the defective coins with only ONE weighing? MGT 424 WJ Patterson Week 3 - Leadership

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