Chapter 8 Leadership in Management pp. 112-125 Chapter 8 Learning Objectives After completing this chapter, you’ll be able to: 1. Describe the difference between a manager and a leader. 2. Name the qualities needed to be a leader. continued Introduction to Business, Leadership in Management Slide 2 of 60 Chapter 8 Learning Objectives After completing this chapter, you’ll be able to: 3. Identify the three styles of leadership. 4. Illustrate the advantages of working in teams. Introduction to Business, Leadership in Management Slide 3 of 60 Chapter 8 Why It’s Important Managers need to recognize leadership qualities and leadership styles that motivate employees to be creative and productive. Introduction to Business, Leadership in Management Slide 4 of 60 Chapter 8 Key Words leadership initiative human relations integrity autocratic leadership democratic leadership continued Introduction to Business, Leadership in Management Slide 5 of 60 Chapter 8 Key Words free-rein leadership delegating self-managed teams Introduction to Business, Leadership in Management Slide 6 of 60 Chapter 8 Leadership Qualities In management, leadership means providing direction and vision for a company. Introduction to Business, Leadership in Management Slide 7 of 60 Chapter 8 Leadership Qualities Being a manager is not the same thing as being a leader. Managing is a job. Leading is a skill. Leaders have vision. Introduction to Business, Leadership in Management Slide 8 of 60 Chapter 8 Leadership Qualities It’s possible to be a good manager but not a good leader. Sometimes a good leader isn’t even the person in charge. Introduction to Business, Leadership in Management Slide 9 of 60 Chapter Figure 8.1 8 WHAT DO YOU KNOW ABOUT LEADERSHIP? Respond to these statements about leaders as “true” or “false.” They show some of the perceptions people sometimes have about leadership. How would you respond to each statement? Rate your score: All three statements are false. Introduction to Business, Leadership in Management Slide 10 of 60 Chapter 8 Motivation Motivation means having initiative, or the desire to take action and get things done. In business, initiative is the main quality of an entrepreneur. Introduction to Business, Leadership in Management Slide 11 of 60 Chapter 8 Motivation Good leaders often motivate by inspiring others with their energy, enthusiasm, and “charisma,” or charm. Introduction to Business, Leadership in Management Slide 12 of 60 Chapter 8 Motivation Motivation means having a goal, whether it’s to create the best video game or to make the best skateboard ever. Introduction to Business, Leadership in Management Slide 13 of 60 Chapter 8 Confidence To lead others you need to inspire their confidence. The best way to do this is by having self-confidence. Introduction to Business, Leadership in Management Slide 14 of 60 Chapter 8 Confidence A confident leader is a decisive leader. People have more confidence in a leader who is willing to make mistakes and learn from them. Introduction to Business, Leadership in Management Slide 15 of 60 Chapter 8 Communication A leader must be good at human relations, or the ability to communicate with people. Introduction to Business, Leadership in Management Slide 16 of 60 Chapter 8 Communication To motivate others, you need to be able to explain what your goals are to them. Many leaders use gestures, draw pictures, or tell stories to communicate their ideas. Introduction to Business, Leadership in Management Slide 17 of 60 Chapter 8 Communication To communicate with people, a leader also needs to be a good listener. By listening to people you can understand them better and get them more involved. Introduction to Business, Leadership in Management Slide 18 of 60 Chapter 8 Integrity Integrity means holding to principles like honesty, loyalty, and fairness. Integrity is the most highly valued quality in a leader. Introduction to Business, Leadership in Management Slide 19 of 60 Chapter 8 Integrity A leader who tries to cover up mistakes or blame them on employees is not going to inspire loyalty or confidence. Introduction to Business, Leadership in Management Slide 20 of 60 Chapter 8 Developing Leadership Skills You can learn leadership skills in a number of ways: • There are many books, videos, and courses on leadership. continued Introduction to Business, Leadership in Management Slide 21 of 60 Chapter 8 Developing Leadership Skills • Work with someone who has • leadership ability and study what he or she does. Join a club, a team, a drama group, or a community organization to develop communication skills. continued Introduction to Business, Leadership in Management Slide 22 of 60 Chapter 8 Developing Leadership Skills • Take the initiative at school, at work, or in club activities. Introduction to Business, Leadership in Management Slide 23 of 60 8 Graphic Organizer Chapter Graphic Organizer Leadership Qualities CONFIDENCE COMMUNICATION MOTIVATION INTEGRITY LEADERSHIP Introduction to Business, Leadership in Management Slide 24 of 60 Chapter 8 Fast Review 1. What is the difference between being a manager and being a leader? 2. Why is integrity an important trait for a leader? Introduction to Business, Leadership in Management Slide 25 of 60 Chapter 8 Making an Ethical Decision 1. Is it appropriate for your superior to ask you to write a book without being at least a coauthor? 2. Is it appropriate for you to write a book without informing readers about who wrote it? continued Introduction to Business, Leadership in Management Slide 26 of 60 Chapter 8 Making an Ethical Decision 3. What if the book became an international bestseller—would that change your answers? If so, why? Introduction to Business, Leadership in Management Slide 27 of 60 Chapter 8 Styles of Leadership There are three basic styles of leadership: • Autocratic • Democratic • Free rein Introduction to Business, Leadership in Management Slide 28 of 60 Chapter 8 Autocratic Leadership Autocratic means “self-ruling.” Autocratic leadership is when you like to run everything yourself and answer to no one. Introduction to Business, Leadership in Management Slide 29 of 60 Chapter 8 Autocratic Leadership Autocratic leaders assume people don’t like to work, that they avoid responsibility, and that they have to be watched all the time. Introduction to Business, Leadership in Management Slide 30 of 60 Chapter 8 Autocratic Leadership Autocratic leaders usually control their workers through fear and intimidation. The biggest problem with autocratic leaders is that people don’t like to work for them. Introduction to Business, Leadership in Management Slide 31 of 60 Chapter 8 Autocratic Leadership An autocratic leader is useful in situations where it’s important to obey orders without question. An autocratic style rarely works in a business setting. Introduction to Business, Leadership in Management Slide 32 of 60 Chapter 8 Democratic Leadership Democratic leadership means that managers and employees work together to make decisions. Introduction to Business, Leadership in Management Slide 33 of 60 Chapter 8 Democratic Leadership A democratic leader assumes that people are not lazy and want to work. By showing your workers you have confidence in them, they are more likely to have confidence in you. Introduction to Business, Leadership in Management Slide 34 of 60 Chapter 8 Free-Rein Leadership Free-rein leadership requires the leader to set goals for managers and employees and then leave them alone to get the job done. Introduction to Business, Leadership in Management Slide 35 of 60 Chapter 8 Free-Rein Leadership Another name for this type of leadership style is hands-off leadership. Introduction to Business, Leadership in Management Slide 36 of 60 Chapter 8 Free-Rein Leadership Giving managers and employees the power to run things and make decisions is called delegating. Introduction to Business, Leadership in Management Slide 37 of 60 Chapter 8 Free-Rein Leadership The reasons for a leader to delegate are: • You don’t have the time to run everything yourself. • You can focus on more important work. continued Introduction to Business, Leadership in Management Slide 38 of 60 Chapter 8 Free-Rein Leadership • It gets your employees more • involved. It gives your employees a chance to develop their own potential. Introduction to Business, Leadership in Management Slide 39 of 60 Chapter 8 Free-Rein Leadership You shouldn’t delegate if you’re doing it because you’re lazy, don’t have confidence, or don’t want the responsibility. That is not leadership. Introduction to Business, Leadership in Management Slide 40 of 60 Chapter 8 Free-Rein Leadership Who you choose to delegate power to is a test of your leadership skill. Introduction to Business, Leadership in Management Slide 41 of 60 Chapter Figure 8.2 8 HOW GOOD ARE YOUR COMMUNICATION SKILLS? Evaluate yourself on your communication skills. Do these apply to you? Introduction to Business, Leadership in Management Slide 42 of 60 Chapter 8 Fast Review 1. In what situations is an autocratic style of leadership useful? 2. Give reasons for a manager to delegate authority. Introduction to Business, Leadership in Management Slide 43 of 60 Chapter 8 Self-Managed Teams Many companies have been putting workers on self-managed teams, or work groups that supervise themselves. Introduction to Business, Leadership in Management Slide 44 of 60 Chapter 8 Self-Managed Teams By letting teams manage themselves, companies are able to get rid of many managing jobs and replace them with a team leader. Introduction to Business, Leadership in Management Slide 45 of 60 Chapter 8 Self-Managed Teams In a self-managed team, the leader is a team player rather than a boss. The leader doesn’t have to answer to upper management. Introduction to Business, Leadership in Management Slide 46 of 60 Chapter 8 Self-Managed Teams The team usually works on a single project, like designing a video game. The team is more goal-oriented than task-oriented. Introduction to Business, Leadership in Management Slide 47 of 60 Chapter 8 The Organization of Self-Managed Teams Self-managed teams are organized in two ways: 1. Each team member has a special skill, or 2. the team selects one team leader. Introduction to Business, Leadership in Management Slide 48 of 60 Chapter 8 The Organization of Self-Managed Teams As team leader, you make decisions with the team. This makes everyone feel important so everyone contributes more. Introduction to Business, Leadership in Management Slide 49 of 60 Chapter 8 The Organization of Self-Managed Teams The advantages of self-managed teams are: • They’re more goal-oriented than taskoriented. • They’re faster and more efficient. continued Introduction to Business, Leadership in Management Slide 50 of 60 Chapter 8 The Organization of Self-Managed Teams • Team members have a chance to • learn each other’s jobs and obtain new skills. It simplifies the decision-making process. continued Introduction to Business, Leadership in Management Slide 51 of 60 Chapter 8 The Organization of Self-Managed Teams • Team members learn to participate • and cooperate with each other. Self-managed teams learn to solve their own problems. Introduction to Business, Leadership in Management Slide 52 of 60 Chapter 8 Fast Review 1. What effect are self-managed teams having on management? 2. What are some advantages of selfmanaged teams? Introduction to Business, Leadership in Management Slide 53 of 60 Chapter 8 Business Building Blocks Making a Group Succeed Building a workable team isn’t always an easy task, because everyone is different. continued Introduction to Business, Leadership in Management Slide 54 of 60 Chapter 8 Business Building Blocks Tips for Teamwork • Make the team’s goals your top priority. • Continue to communicate with team members outside of meetings. continued Introduction to Business, Leadership in Management Slide 55 of 60 Chapter 8 Business Building Blocks Tips for Teamwork • Respect the other members of your team. • Try to inspire the others to get involved. Introduction to Business, Leadership in Management Slide 56 of 60 Chapter 8 What do you think the role of corporate trainer entails? What leadership quality do you want to learn? continued Introduction to Business, Leadership in Management Slide 57 of 60 Chapter 8 Executives attending workshops on leadership are investing time in what resource? continued Introduction to Business, Leadership in Management Slide 58 of 60 Chapter 8 Why is it important to seek selfimprovement? Introduction to Business, Leadership in Management Slide 59 of 60 End of Chapter 8 Leadership in Management