35574905-leaders
TRANSCRIPT
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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
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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)
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leaders.ppt (bus1301)
LEADERSHIPThe 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!!!
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leaders.ppt (bus1301)
LEADERSHIPThe 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!!!
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leaders.ppt (bus1301)
Management keeps an organization running
Leadership involves getting things started
Leadership involves facilitating change
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leaders.ppt (bus1301)
Future Leaders….–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.
95% of American managers say the right thing.
5% of American managers do the right thing.
When companies derive their advantage from intellectual capital, old management styles (carrots and sticks) are not sufficient.
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leaders.ppt (bus1301)
CORE VALUES
FairnessCommitment
FreedomWater Line
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leaders.ppt (bus1301)
Leaders vs. ManagersLEADERS:
innovate focus on people
inspire trust have a long-range
view ask what and why have eyes on
horizon
originate challenge status
quo do the right thing
MANAGERS: administrate focus on systems
and structures rely on control have a short-
range view ask how and
when have eyes on
bottom line initiate accept status quo do things right
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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
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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
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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
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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
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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.
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leaders.ppt (bus1301)
LEADERSHIPDevelop 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.
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leaders.ppt (bus1301)
LEADERSHIPDevelop 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.
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leaders.ppt (bus1301)
LEADERSHIP - Empowerment
Continued….
Recommendation: Learn to encourage and make full use of your talents and the talents of
others.
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leaders.ppt (bus1301)
LEADERSHIP - The Magic of Vision
Vision sees what must be tomorrow, beyond what is today
Customers help you see the vision
Vision inspires
Vision is clarity Vision is a
worthy commitment
Vision generates supportive actions
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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.
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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?
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leaders.ppt (bus1301)
LEADERSHIPCustomer 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.
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leaders.ppt (bus1301)
LEADERSHIPGreat 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.
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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.
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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
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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
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leaders.ppt (bus1301)
LEADERSHIP:Remove Obstacles
Systems send powerful messages.Performance
management systems
Reward systemsInformation
systems
Structures send powerful messages.Decentralize
decision making to the point of customer contact
Cross-functional teams
Simplified processes and procedures
Focus on one customer, one product, one product/market combination
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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
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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.
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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
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leaders.ppt (bus1301)
Chapter #10 - Understanding Employee Motivation and
Leadership Theories of employee motivation
– Theory X, Y– Two-factor Theory– Equity– Maslow– Expectancy Theory– Goal Setting Theory
Reinforcement
Participative management / Empowerment
Job enrichment / Job design
Leadership
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leaders.ppt (bus1301)
THANKS