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leaders.ppt (bus1301)
Great Leaders
        Live with integrity, lead by example
        develop a winning strategy or “big idea”
        build a great management team
        inspire employees to greatness
        create a flexible, responsive organization
        use reinforcing management systems
leaders.ppt (bus1301)
Great Leaders
        passionate about what they do
        love to talk about it
        high energy
        clarity of thinking
        communicate to diverse audience
        work through people (empowering)
leaders.ppt (bus1301)
LEADERSHIP
        The Trust Factor in Leadership

           Question: How does a trust-oriented
           leader differ from a Machiavellian-oriented
           leader?
           Question: Which is more important, our
           actions or our words?
           Question: How concerned should we be
           about others?
           Recommendation: Being
           trustworthy is good!!!
leaders.ppt (bus1301)
LEADERSHIP
        The Trust Factor in Leadership

           Question: What is the role of competence
           for a leader?
           Question: What is the role of open
           communication for a leader?
           Question: How does formalization in an
           organization undermine trust?
           Recommendation: Learning to
           trust others is also good!!!
leaders.ppt (bus1301)
Management keeps an
               organization running
               Leadership involves getting
               things started
               Leadership involves facilitating
               change

leaders.ppt (bus1301)
95% of American         When companies
           managers say the        derive their
           right thing.            advantage from
           5% of American          intellectual
           managers do the         capital, old
           right thing.            management
                                   styles (carrots and
                                   sticks) are not
       Future Leaders….            sufficient.
         –Develop/communicate what company is trying to
         accomplish
         –Create environment where employees can figure
         out what needs to be done AND then do it well.
leaders.ppt (bus1301)
CORE VALUES

                          Fairness
                        Commitment
                         Freedom
                         Water Line
leaders.ppt (bus1301)
Leaders vs. Managers
        LEADERS:                      MANAGERS:
             innovate                  administrate
             focus on people           focus on systems
                                       and structures
             inspire trust             rely on control
             have a long-range view    have a short-range
             ask what and why          view
             have eyes on horizon      ask how and when
                                       have eyes on bottom
             originate                 line
             challenge status quo      initiate
             do the right thing        accept status quo
                                       do things right
leaders.ppt (bus1301)
LEADERSHIP- Marks of a Great Leader


                  QUESTION: WHY ARE THE FOLLOWING
                 TRAITS CONSIDERED CHARACTERISTICS
                         OF GREAT LEADERS?

                        servicing and sacrificing
                        initiating and risk taking
                            needing no credit
                           empowering others
                             clarifying values
leaders.ppt (bus1301)
There Are Only Five Ways to Lead
                    (Article by Farkas and De Becker)



                          Strategic Approach
                        Human Assets Approach
                          Expertise Approach
                            Box Approach
                          Change Approach

leaders.ppt (bus1301)
LEADERSHIP
           Resistance to Empowerment
                         (Article by Williams)
           QUESTION: Why do managers resist change?
           QUESTION: Why do managers resist
           suggestions?
           QUESTION: Why are managers afraid to empower
           their subordinates?
           Recommendation: Don’t leave this class thinking
           that you have cornered the market for good ideas
           Recommendation: Learn to recognize your
           strengths and weaknesses and those of others
           Recommendation: Learn that teams always do
           better than individuals, if there is a trust
           relationship among the team members
leaders.ppt (bus1301)
LEADERSHIP - Empowerment
         Empowerment Strategies
              Avoid competition for power, status, recognition
              Delegate
              Create and communicate a vision
              Insist that others diligently work to achieve
              meaningful goals
              Help others believe in their own worth and
              potential
              Create a culture in which fear and intimidation
              are replaced by trust
              Demonstrate a willingness to be supportive of
              others
leaders.ppt (bus1301)
EMPOWERMENT

               Places responsibility for
               spotting/solving problems on
               employees.
               Requires leaders to ask for
               suggestions AND lets employees
               make decisions.
               Is easiest to implement in smaller,
               less bureaucratic organizations.
leaders.ppt (bus1301)
LEADERSHIP
                        Develop Ownership
            There are always at least two owners of
            responsibility.
            Empowerers ask questions, organize data
            to confront people with reality, bring
            customers and performers together.
            Empowerers insist on tough standards.
            Empowerers support and coach.
            Conversations are the grist for the
            leader’s mill.
leaders.ppt (bus1301)
LEADERSHIP
                        Develop Ownership
       continued…
           You can lead a horse to water, but you
           can’t make him drink.
           If you want the horse to drink, make sure
           the horse is thirsty.
           Head buffalo lock the barn door after the
           horse is stolen.
           Lead geese make certain nothing is ever
           stolen.
leaders.ppt (bus1301)
LEADERSHIP - Empowerment

       Continued….


               Recommendation: Learn to
             encourage and make full use of
              your talents and the talents of
                          others.


leaders.ppt (bus1301)
LEADERSHIP - The Magic of Vision

           Vision sees what     Vision is clarity
           must be              Vision is a
           tomorrow,            worthy
           beyond what is       commitment
           today
           Customers help       Vision generates
           you see the vision   supportive
           Vision inspires      actions

leaders.ppt (bus1301)
LEADERSHIP - How Vision Works

           The right vision attracts commitment
           and energizes people.
           The right vision creates meaning in
           workers’ lives.
           The right vision establishes a
           standard of excellence.
           The right vision bridges the present
           and the future.

leaders.ppt (bus1301)
LEADERSHIP
   How You Know You Need a Vision
           Is there evidence of confusion about purpose?
           Do employees complain about insufficient
           challenge?
           Do employees say they are not having fun any
           more?
           Is the organization losing market share or
           reputation for innovation?
           Are there signs of declines of pride in your
           organization?
           Is there excessive risk avoidance?
           Is there an absence of sharing?
           Is there a strong rumor mill?
leaders.ppt (bus1301)
LEADERSHIP
                        Customer Focus
           What do customers really buy?
           Leaders focus on customers - and so
           does everyone else.
           Leaders focus on partnering, not
           selling.
           Leaders begin with the customer’s
           needs and wants.
           Solving problems spurs partnerships.
leaders.ppt (bus1301)
LEADERSHIP
                        Great Performance
            Is this the best you can do?
            Remember, its leadership, not status
            quo-ship.
            Thinking incrementally moves you
            forward from today.
            Thinking strategically leads
            backward from the future.
            How many bugs is one too many?
            Begin with the end in mind.
leaders.ppt (bus1301)
LEADERSHIP
         Create Value-Added Strategies
           Stay close to the customer.
           The tough strategic question:
              “What do I do?”
           Value is solving the customers’ problems.
           Value is doing better than anyone else.
           Value-added strategies solve the problems
           that drive purchasing decisions.
           Leaders learn how to focus themselves and
           everyone else on solving the customers’
           problems.
leaders.ppt (bus1301)
Some Managers are More Than
        Bosses - They’re Leaders, Too
                            (Horowitz)

           There is no one leader personality
            – they do inspire others to take risks
            – they do inspire others to do more than they
                        thought possible
            – they set steep goals
            – they instill in others that both failure and
                 success are allowed
leaders.ppt (bus1301)
Look for the personal touch
           Screen your questioners
           Scan some Web sites
           Hang out and schmooze
           Probe past responses to personal
           emergencies

leaders.ppt (bus1301)
LEADERSHIP:                  Structures send
      Remove                       powerful messages.
                                     Decentralize
      Obstacles                      decision making to
                                     the point of
             Systems send            customer contact
             powerful                Cross-functional
                                     teams
             messages.
                                     Simplified processes
                  Performance        and procedures
                  management
                  systems            Focus on one
                                     customer, one
                  Reward systems     product, one
                  Information        product/market
                  systems            combination
leaders.ppt (bus1301)
SEVEN SECRETS TO BUILDING:
           EMPLOYEE LOYALTY
             Set high expectations
             Communicate constantly
             Empower, Empower, Empower
             Invest in their financial security
             Recognize people as often as possible
             Counsel people on their career
             Educate them
leaders.ppt (bus1301)
LEADERSHIP- Marks of a Great Leader


                            Recommendation:

                        You may never become a leader
                         like the President of the United
                         States or the CEO of a Fortune
                         500 firm, but these are all good
                        qualities to have and to practice.

leaders.ppt (bus1301)
A leader is only as effective as the team
         Outperform peers
         Make excellence a habit
         Be willing to try new approaches
         Focus on what you need to do
leaders.ppt (bus1301)
Chapter #10 - Understanding
            Employee Motivation and
                   Leadership
           Theories of                Reinforcement
           employee motivation        Participative
            –   Theory X, Y           management /
            –   Two-factor Theory     Empowerment
            –   Equity
            –   Maslow                Job enrichment /
            –   Expectancy Theory
                                      Job design
            –   Goal Setting Theory   Leadership
leaders.ppt (bus1301)

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Leaders

  • 2. Great Leaders Live with integrity, lead by example develop a winning strategy or “big idea” build a great management team inspire employees to greatness create a flexible, responsive organization use reinforcing management systems leaders.ppt (bus1301)
  • 3. Great Leaders passionate about what they do love to talk about it high energy clarity of thinking communicate to diverse audience work through people (empowering) leaders.ppt (bus1301)
  • 4. LEADERSHIP The Trust Factor in Leadership Question: How does a trust-oriented leader differ from a Machiavellian-oriented leader? Question: Which is more important, our actions or our words? Question: How concerned should we be about others? Recommendation: Being trustworthy is good!!! leaders.ppt (bus1301)
  • 5. LEADERSHIP The Trust Factor in Leadership Question: What is the role of competence for a leader? Question: What is the role of open communication for a leader? Question: How does formalization in an organization undermine trust? Recommendation: Learning to trust others is also good!!! leaders.ppt (bus1301)
  • 6. Management keeps an organization running Leadership involves getting things started Leadership involves facilitating change leaders.ppt (bus1301)
  • 7. 95% of American When companies managers say the derive their right thing. advantage from 5% of American intellectual managers do the capital, old right thing. management styles (carrots and sticks) are not Future Leaders…. sufficient. –Develop/communicate what company is trying to accomplish –Create environment where employees can figure out what needs to be done AND then do it well. leaders.ppt (bus1301)
  • 8. CORE VALUES Fairness Commitment Freedom Water Line leaders.ppt (bus1301)
  • 9. Leaders vs. Managers LEADERS: MANAGERS: innovate administrate focus on people focus on systems and structures inspire trust rely on control have a long-range view have a short-range ask what and why view have eyes on horizon ask how and when have eyes on bottom originate line challenge status quo initiate do the right thing accept status quo do things right leaders.ppt (bus1301)
  • 10. LEADERSHIP- Marks of a Great Leader QUESTION: WHY ARE THE FOLLOWING TRAITS CONSIDERED CHARACTERISTICS OF GREAT LEADERS? servicing and sacrificing initiating and risk taking needing no credit empowering others clarifying values leaders.ppt (bus1301)
  • 11. There Are Only Five Ways to Lead (Article by Farkas and De Becker) Strategic Approach Human Assets Approach Expertise Approach Box Approach Change Approach leaders.ppt (bus1301)
  • 12. LEADERSHIP Resistance to Empowerment (Article by Williams) QUESTION: Why do managers resist change? QUESTION: Why do managers resist suggestions? QUESTION: Why are managers afraid to empower their subordinates? Recommendation: Don’t leave this class thinking that you have cornered the market for good ideas Recommendation: Learn to recognize your strengths and weaknesses and those of others Recommendation: Learn that teams always do better than individuals, if there is a trust relationship among the team members leaders.ppt (bus1301)
  • 13. LEADERSHIP - Empowerment Empowerment Strategies Avoid competition for power, status, recognition Delegate Create and communicate a vision Insist that others diligently work to achieve meaningful goals Help others believe in their own worth and potential Create a culture in which fear and intimidation are replaced by trust Demonstrate a willingness to be supportive of others leaders.ppt (bus1301)
  • 14. EMPOWERMENT Places responsibility for spotting/solving problems on employees. Requires leaders to ask for suggestions AND lets employees make decisions. Is easiest to implement in smaller, less bureaucratic organizations. leaders.ppt (bus1301)
  • 15. LEADERSHIP Develop Ownership There are always at least two owners of responsibility. Empowerers ask questions, organize data to confront people with reality, bring customers and performers together. Empowerers insist on tough standards. Empowerers support and coach. Conversations are the grist for the leader’s mill. leaders.ppt (bus1301)
  • 16. LEADERSHIP Develop Ownership continued… You can lead a horse to water, but you can’t make him drink. If you want the horse to drink, make sure the horse is thirsty. Head buffalo lock the barn door after the horse is stolen. Lead geese make certain nothing is ever stolen. leaders.ppt (bus1301)
  • 17. LEADERSHIP - Empowerment Continued…. Recommendation: Learn to encourage and make full use of your talents and the talents of others. leaders.ppt (bus1301)
  • 18. LEADERSHIP - The Magic of Vision Vision sees what Vision is clarity must be Vision is a tomorrow, worthy beyond what is commitment today Customers help Vision generates you see the vision supportive Vision inspires actions leaders.ppt (bus1301)
  • 19. LEADERSHIP - How Vision Works The right vision attracts commitment and energizes people. The right vision creates meaning in workers’ lives. The right vision establishes a standard of excellence. The right vision bridges the present and the future. leaders.ppt (bus1301)
  • 20. LEADERSHIP How You Know You Need a Vision Is there evidence of confusion about purpose? Do employees complain about insufficient challenge? Do employees say they are not having fun any more? Is the organization losing market share or reputation for innovation? Are there signs of declines of pride in your organization? Is there excessive risk avoidance? Is there an absence of sharing? Is there a strong rumor mill? leaders.ppt (bus1301)
  • 21. LEADERSHIP Customer Focus What do customers really buy? Leaders focus on customers - and so does everyone else. Leaders focus on partnering, not selling. Leaders begin with the customer’s needs and wants. Solving problems spurs partnerships. leaders.ppt (bus1301)
  • 22. LEADERSHIP Great Performance Is this the best you can do? Remember, its leadership, not status quo-ship. Thinking incrementally moves you forward from today. Thinking strategically leads backward from the future. How many bugs is one too many? Begin with the end in mind. leaders.ppt (bus1301)
  • 23. LEADERSHIP Create Value-Added Strategies Stay close to the customer. The tough strategic question: “What do I do?” Value is solving the customers’ problems. Value is doing better than anyone else. Value-added strategies solve the problems that drive purchasing decisions. Leaders learn how to focus themselves and everyone else on solving the customers’ problems. leaders.ppt (bus1301)
  • 24. Some Managers are More Than Bosses - They’re Leaders, Too (Horowitz) There is no one leader personality – they do inspire others to take risks – they do inspire others to do more than they thought possible – they set steep goals – they instill in others that both failure and success are allowed leaders.ppt (bus1301)
  • 25. Look for the personal touch Screen your questioners Scan some Web sites Hang out and schmooze Probe past responses to personal emergencies leaders.ppt (bus1301)
  • 26. LEADERSHIP: Structures send Remove powerful messages. Decentralize Obstacles decision making to the point of Systems send customer contact powerful Cross-functional teams messages. Simplified processes Performance and procedures management systems Focus on one customer, one Reward systems product, one Information product/market systems combination leaders.ppt (bus1301)
  • 27. SEVEN SECRETS TO BUILDING: EMPLOYEE LOYALTY Set high expectations Communicate constantly Empower, Empower, Empower Invest in their financial security Recognize people as often as possible Counsel people on their career Educate them leaders.ppt (bus1301)
  • 28. LEADERSHIP- Marks of a Great Leader Recommendation: You may never become a leader like the President of the United States or the CEO of a Fortune 500 firm, but these are all good qualities to have and to practice. leaders.ppt (bus1301)
  • 29. A leader is only as effective as the team Outperform peers Make excellence a habit Be willing to try new approaches Focus on what you need to do leaders.ppt (bus1301)
  • 30. Chapter #10 - Understanding Employee Motivation and Leadership Theories of Reinforcement employee motivation Participative – Theory X, Y management / – Two-factor Theory Empowerment – Equity – Maslow Job enrichment / – Expectancy Theory Job design – Goal Setting Theory Leadership leaders.ppt (bus1301)