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Leadership

Leadership. Situational Leadership. 2004 World's Most Respected Leaders (according to PriceWaterhouse Coopers & Financial Times study). Bill Gates (Microsoft) Jack Welch (GE) Carlos Ghosn (Nissan) Warren Buffett (Berkshire Hathaway) Michael Dell (Dell Computer) Hiroshi Okuda (Toyota)

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Leadership

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  1. Leadership Situational Leadership

  2. 2004 World's Most Respected Leaders(according to PriceWaterhouse Coopers & Financial Times study) • Bill Gates (Microsoft) • Jack Welch (GE) • Carlos Ghosn (Nissan) • Warren Buffett (Berkshire Hathaway) • Michael Dell (Dell Computer) • Hiroshi Okuda (Toyota) • Jeff Immelt (GE) • Carly Fiorina (HP) • Steve Jobs (Apple) • Fujio Mitarai (Canon) According to the survey, the qualities most often cited in successful business leaders are: leadership, motivation, genius, inspiration, vision, innovation and boosting shareholder value.

  3. ManagersVersus Leaders Managers Leaders • Appointed • Have formal authority • Ability to influence based on formal authority • Can be appointed or emerge • Ability to influence goes beyond formal authority

  4. Sources of Power Legitimate Coercive Reward Expert Referent Which do leaders use?

  5. Hersey and Blanchard’s Situational Leadership Theory (SLT) • Says leadership style should be contingent on: • Acceptance: Whether followers accept or reject a leader • Readiness: Whether followers have ability and willingness to accomplish a specific task • Leaders must relinquish control & adapt with followers as they become more competent.

  6. Hersey and Blanchard’s Situational Leadership Theory (SLT) Four Stages of Readiness: • R1: followers are unable and unwilling • R2: followers are unable but willing • R3: followers are able but unwilling • R4: followers are able and willing

  7. Hersey and Blanchard’s Situational Leadership Theory (SLT) • Creates four specific leadership styles incorporating Fiedler’s two leadership dimensions: • Telling: high task-low relationship leadership • Selling: high task-high relationship leadership • Participating: low task-high relationship leadership • Delegating: low task-low relationship leadership

  8. Hersey and Blanchard’s Situational Leadership Model Source:Reprinted with permission from the Center for Leadership Studies. Situational Leadership® is a registered trademark of the Center for Leadership Studies. Escondido, California. All rights reserved. Exhibit 17.5

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