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MANAGEMENT (8)

What is Leadership?

Ctlina RADU, MBA, PhD.


Bucharest University of Economic Studies

What is Leadership?
Proposed Quotes

GROUP 917: "Management


g
is doing
g things
g right;
g ; leadership
p
is doing the right things." - Peter Drucker
GROUP 918: "The most important thing in communication
is hearing what isn't said." - Peter Drucker changed after
GROUP 919: "Management is the efficiency in climbing the

ladder of success; leadership determines whether the


ladder is leaning against the right wall." - Stephen Covey
GROUP 922: "No one wakes up in the morning to go to

work with the hope that someone will manage us. We


wake up in the morning and go to work with the hope that
someone will lead us." - Bob Chapman

Lets Laugh!
Exercise

https://www.youtube.com/watch?v=d1CNw
wNUmbc
Which are your main conclusions after
watching this film?

What is Leadership?

Leadership = The process by which a


person exerts influence over others and
inspires, motivates and directs their
activities to achieve group or organizational
goals.

Leading versus Managing


(1)
LEADING
1.Challenge the
System

MANAGING
1.Preserve the
System

challenge the status


quo
experiment & risk-take
multiple options

defend the status


quo
minimize risk
fact-based

Leading versus Managing


(2)
LEADING
2.Inspire shared
Vision

MANAGING
2.Plan, Budget,
Schedule

values
l
and
d beliefs
b li f
long term direction
show excitement

logical
l i l and
d rational
i
l
short-term priorities
specific, measurable

Leading versus Managing


(3)
LEADING
3.Align
Constituencies

MANAGING
3.Organize and
Staff

collect input
involve outsiders
informal structure
encourage goals

roles clear
specialized job
formal structure
set goals

Leading versus Managing


(4)
LEADING
4.Enable Others

MANAGING
4.Direct and Supervise

provide skills,
tools resources
empower
role model

clear direction
Clear standards and
procedures
close supervision

Leading versus Managing


(5)
LEADING
5.Encourage the
Heart

MANAGING
5.Control and
problem-solve

trust others to act


celebrate
achievements
encourage
experiments

monitor closely
regular
feedback
preventative
control

Sources of Managerial
Power (1)

Sources of Managerial
Power (2)

Legitimate Power
The authority that a manager has by virtue
of his or her position in the firm.
Reward Power
The ability of a manager to give or
withhold tangible and intangible rewards.
Effective managers use reward power to
signal to employees that they are doing a
good job.

Sources of Managerial
Power (3)

Coercive Power
The ability of a manager to punish others.
Examples: verbal reprimand, pay cuts,
and dismissal
Limited in effectiveness and application;
can have serious negative side effects.

Sources of Managerial
Power (4)

Expert Power
Power that is based on special knowledge,
skills, and expertise that the leader possesses.
Tends to be used in a guiding or coaching
manner
Referent Power
Power that comes from subordinates and
coworkers respect , admiration, and loyalty
Possessed by managers who are likable and
whom subordinates wish to use as a role
model

Leadership Models

Trait Models
Behavioral Models
Contingency Models

*** QUOTES ABOUT OUR COURSE ***


Lets look again!

What is Leadership?
Proposed Quotes

GROUP 917: "Management


g
is doing
g things
g right;
g ; leadership
p
is doing the right things." - Peter Drucker
GROUP 918: "The most important thing in communication
is hearing what isn't said." - Peter Drucker changed after
GROUP 919: "Management is the efficiency in climbing the

ladder of success; leadership determines whether the


ladder is leaning against the right wall." - Stephen Covey
GROUP 922: "No one wakes up in the morning to go to

work with the hope that someone will manage us. We


wake up in the morning and go to work with the hope that
someone will lead us." - Bob Chapman

THANK YOU.
and
and

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