SlideShare une entreprise Scribd logo
1  sur  27
Slide content created by Joseph B. Mosca, Monmouth University.
Copyright © Houghton Mifflin Company. All rights reserved.
17
Ready Notes
Managing
Leadership and
Influence Processes
For in-class note taking, choose Handouts
or Notes Pages from the print options, with
three slides per page.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 3
The Nature of Leadership
• What does leadership
mean?
– A process, the use of
non-coercive influence to
shape the group’s or
organization’s goals,
and:
• Motivate behavior.
• Define group or
organizational culture.
• What are the
characteristics of those
who are perceived to be
leaders?
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 4
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 5
Who Are Leaders?
• People who:
– Can influence the
behaviors of others.
– Are able to influence
without having to rely
on force.
– Are accepted by
others as leaders.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 6
Leadership Versus Management
• MANAGEMENT:
– Planning and
budgeting.
– Organizing and
staffing.
– Controlling and
problem solving.
– Producing a degree
of predictability.
• LEADERSHIP:
– Establishing
direction.
– Aligning people.
– Motivating and
inspiring.
– Producing change,
often to a dramatic
degree.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 7
Power and Leadership
• What is power?
– The ability to affect the
behavior of others.
• Legitimate power:
– Power granted through
the organizational
structure, it is the power
accorded people
occupying particular
positions as defined by
the organization.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 8
Reward Power Defined
• Reward power:
– The power to give or
withhold rewards,
such as:
• Salary increases.
• Bonuses.
• Promotion.
• Recommendation.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 9
Types of Power
• Coercive power:
– The power to force
compliance by means of
psychological, emotional,
or physical threat.
• Referent power:
– The personal power that
accrues to someone
based on identification,
imitation, loyalty, or
charisma.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 10
What Is Expert Power?
• The personal power
that accrues to
someone based on
the information or
expertise that they
possess.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 11
Michigan Studies on Leadership Behavior
• Job-centered leader:
– Leaders who pay close
attention to an employ’s
job and work procedures
involved with that job.
• Employee-centered
leader:
– Leaders who develop
cohesive work groups
and ensure employee
satisfaction.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 12
Ohio State Leadership Studies
• Initiating-structure behavior:
– Leaders who define the leader-subordinate
roles so that everyone knows what is
expected, establish formal lines of
communication, and determine how tasks
will be performed.
• Consideration behavior:
– Leaders who show concern for
subordinates and attempt to establish a
friendly and supportive climate.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 13
The Leadership Grid
• A method of evaluating leadership styles to
train managers using OD techniques so that
they are simultaneously more concerned for
both people and production.
• Concern for production:
– Deals with the job aspects of leader behavior.
• Concern for people:
– Deals with the people aspects of leader behavior.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 14
Figure 17.1:
The
Leadership
Grid
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 15
Figure 17.2: Tannenbaum and Schmidt’s
Leadership Continuum
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 16
LPC Theory
• LPC THEORY:
– Suggests that the
appropriate style of
leadership varies with
situational favorableness.
– Least preferred coworker
(LPC):
– The measuring scale that
asks leaders to describe
the person with whom
she/he is able to work
least well.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 17
Figure 17.3: The Least-Preferred Coworker
Theory of Leadership
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 18
The Path-Goal Theory
• A theory of leadership suggesting that
the primary functions of a leader are to
make valued or desired rewards
available in the workplace.
• Clarifies for the subordinate the kinds of
behavior that will lead to goal
accomplishment and valued rewards.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 19
Subordinates’ motivation to perform
The Path-Goal Framework
Subordinates’
Personal
Characteristics
•Perceived ability
•Locus of control
Leader Behavior
•Directive
•Supportive
•Participative
•Achievement
oriented
Environmental
Characteristics
•Task structure
•Work group
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 20
Decision Making Styles
• Decide: Manager makes
decision.
• Consult: (Individually),
Present problem to group
members individually.
• Consult: (Group). Present
problem to group members.
• Facilitate: Present to group
and facilitate group member
discussion.
• Delegate: Allow group to
define parameters, then
develop solutions.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 21
Figure 17.5:
Vroom’s
Time-Driven
Decision Tree
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 22
Figure 17.6: Vroom’s Development-Driven
Decision Tree
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 23
The Leader-Member Exchange Approach
• Stresses the
importance of
variable
relationships
between supervisors
and each of their
subordinates.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 24
The Leader-Member Exchange (LMX) Model
LeaderLeader
Subordinate
1
Subordinate
2
Subordinate
3
Subordinate
4
Subordinate
5
Out-group In-group
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 25
Related Perspectives on Leadership
• Substitutes for leadership:
– Identifies situations in which leader behaviors are
neutralized or replaced by characteristics of
subordinates, the task, and the organization.
• Charismatic leadership:
– Assumes that charisma in an individual
characteristic of the leader.
• Charisma:
– A form of interpersonal attraction that inspires
support and acceptance.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 26
Transformational Leadership
• Leadership that
goes beyond
ordinary
expectations by
transmitting a sense
of mission,
stimulating learning
experiences, and
inspiring new ways
of thinking.
Copyright © Houghton Mifflin Company. All rights reserved. 17 - 27
Political Behavior in Organizations
• Political behavior:
– Activities carried out for
the specific purpose of
acquiring, developing,
and using power and
other resources to obtain
one’s preferred
outcomes.
• Impression
management:
– A direct and intentional
effort by someone to
enhance his/her image in
the eyes of others.

Contenu connexe

Tendances

The Ethical and Social Environment
The Ethical and  Social EnvironmentThe Ethical and  Social Environment
The Ethical and Social Environmentmaterials4study
 
Basic elements of planning and decision making
Basic elements of planning and decision makingBasic elements of planning and decision making
Basic elements of planning and decision makingICAB
 
Chapter 2 - Traditional and Contemporary Issues and Challenges
Chapter 2 - Traditional and Contemporary Issues and ChallengesChapter 2 - Traditional and Contemporary Issues and Challenges
Chapter 2 - Traditional and Contemporary Issues and ChallengesSaif Mahmud
 
Leadership theories
Leadership theoriesLeadership theories
Leadership theoriesShilpi Arora
 
The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...
The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...
The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...materials4study
 
Basic Approaches to Leadership, Chapter-12- Organizational Behavior
Basic Approaches to Leadership, Chapter-12- Organizational BehaviorBasic Approaches to Leadership, Chapter-12- Organizational Behavior
Basic Approaches to Leadership, Chapter-12- Organizational BehaviorDr.Amrinder Singh
 
Chapter 2: Management History
Chapter 2: Management HistoryChapter 2: Management History
Chapter 2: Management HistoryNardin A
 
Contingency theory
Contingency theoryContingency theory
Contingency theorySanjay Singh
 
All Leadership Theories
All Leadership TheoriesAll Leadership Theories
All Leadership TheoriesVikram Dahiya
 
Managing and the manager's Job | Chapter -1| Management, 8th Edition Griffin
Managing and the manager's Job | Chapter -1| Management, 8th Edition GriffinManaging and the manager's Job | Chapter -1| Management, 8th Edition Griffin
Managing and the manager's Job | Chapter -1| Management, 8th Edition Griffinmaterials4study
 
Behavioral Theories Of Leadership PowerPoint Presentation Slides
Behavioral Theories Of Leadership PowerPoint Presentation SlidesBehavioral Theories Of Leadership PowerPoint Presentation Slides
Behavioral Theories Of Leadership PowerPoint Presentation SlidesSlideTeam
 
Chapter 2 The Evolution Of Management Theory
Chapter 2   The Evolution Of Management TheoryChapter 2   The Evolution Of Management Theory
Chapter 2 The Evolution Of Management Theorymanagement 2
 
Organization
OrganizationOrganization
Organizationdeepu2000
 
Leadership & change management, Lecture 2, by rahat kazmi
Leadership & change management, Lecture 2, by rahat kazmiLeadership & change management, Lecture 2, by rahat kazmi
Leadership & change management, Lecture 2, by rahat kazmiRahat Kazmi
 
Management Theory & Practice(Robbins, S. Coulter M.)
Management Theory & Practice(Robbins, S. Coulter M.)Management Theory & Practice(Robbins, S. Coulter M.)
Management Theory & Practice(Robbins, S. Coulter M.)cp2000
 
Lesson 16 Managing Employee Motivation and Performance
Lesson 16 Managing Employee Motivation and PerformanceLesson 16 Managing Employee Motivation and Performance
Lesson 16 Managing Employee Motivation and PerformanceDR. RHEA SANTILLAN
 

Tendances (20)

The Ethical and Social Environment
The Ethical and  Social EnvironmentThe Ethical and  Social Environment
The Ethical and Social Environment
 
Leadership
LeadershipLeadership
Leadership
 
Basic elements of planning and decision making
Basic elements of planning and decision makingBasic elements of planning and decision making
Basic elements of planning and decision making
 
Chapter 2 - Traditional and Contemporary Issues and Challenges
Chapter 2 - Traditional and Contemporary Issues and ChallengesChapter 2 - Traditional and Contemporary Issues and Challenges
Chapter 2 - Traditional and Contemporary Issues and Challenges
 
Leadership theories
Leadership theoriesLeadership theories
Leadership theories
 
The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...
The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...
The Environment and Culture of Organizations| Chapter -3 Management, 8th Edit...
 
Chapter 11 Leadership and Trust
Chapter 11   Leadership and TrustChapter 11   Leadership and Trust
Chapter 11 Leadership and Trust
 
Basic Approaches to Leadership, Chapter-12- Organizational Behavior
Basic Approaches to Leadership, Chapter-12- Organizational BehaviorBasic Approaches to Leadership, Chapter-12- Organizational Behavior
Basic Approaches to Leadership, Chapter-12- Organizational Behavior
 
Chapter 2: Management History
Chapter 2: Management HistoryChapter 2: Management History
Chapter 2: Management History
 
Contingency theory
Contingency theoryContingency theory
Contingency theory
 
All Leadership Theories
All Leadership TheoriesAll Leadership Theories
All Leadership Theories
 
Managing and the manager's Job | Chapter -1| Management, 8th Edition Griffin
Managing and the manager's Job | Chapter -1| Management, 8th Edition GriffinManaging and the manager's Job | Chapter -1| Management, 8th Edition Griffin
Managing and the manager's Job | Chapter -1| Management, 8th Edition Griffin
 
Leadership
LeadershipLeadership
Leadership
 
Behavioral Theories Of Leadership PowerPoint Presentation Slides
Behavioral Theories Of Leadership PowerPoint Presentation SlidesBehavioral Theories Of Leadership PowerPoint Presentation Slides
Behavioral Theories Of Leadership PowerPoint Presentation Slides
 
Leadership
LeadershipLeadership
Leadership
 
Chapter 2 The Evolution Of Management Theory
Chapter 2   The Evolution Of Management TheoryChapter 2   The Evolution Of Management Theory
Chapter 2 The Evolution Of Management Theory
 
Organization
OrganizationOrganization
Organization
 
Leadership & change management, Lecture 2, by rahat kazmi
Leadership & change management, Lecture 2, by rahat kazmiLeadership & change management, Lecture 2, by rahat kazmi
Leadership & change management, Lecture 2, by rahat kazmi
 
Management Theory & Practice(Robbins, S. Coulter M.)
Management Theory & Practice(Robbins, S. Coulter M.)Management Theory & Practice(Robbins, S. Coulter M.)
Management Theory & Practice(Robbins, S. Coulter M.)
 
Lesson 16 Managing Employee Motivation and Performance
Lesson 16 Managing Employee Motivation and PerformanceLesson 16 Managing Employee Motivation and Performance
Lesson 16 Managing Employee Motivation and Performance
 

En vedette

Leadership and social influence processes
Leadership and social influence processesLeadership and social influence processes
Leadership and social influence processesHermawan Eriadi
 
Griffin chap02
Griffin chap02Griffin chap02
Griffin chap02Zafar Sani
 
Griffin Management chapter 2
Griffin Management chapter 2Griffin Management chapter 2
Griffin Management chapter 2muneeb2468
 
contemporary issues in leadership (Chapter No. 13 )
contemporary issues in leadership (Chapter No. 13 )contemporary issues in leadership (Chapter No. 13 )
contemporary issues in leadership (Chapter No. 13 )Qamar Farooq
 
Power, authority and influence
Power, authority and influencePower, authority and influence
Power, authority and influenceSamer Ayyash
 
Motivation (final ppt)
Motivation (final ppt)Motivation (final ppt)
Motivation (final ppt)Snehal Devkar
 
Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014
Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014
Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014c3victory
 
Leadership and the Psychology of Influence
Leadership and the Psychology of InfluenceLeadership and the Psychology of Influence
Leadership and the Psychology of InfluenceMark M Deutsch, MBA
 
Influence of Leadership Styles of Principals in Schools
Influence of Leadership Styles of Principals in SchoolsInfluence of Leadership Styles of Principals in Schools
Influence of Leadership Styles of Principals in SchoolsArchette Marie Ajon
 
Leadership: The power of influence
Leadership: The power of influenceLeadership: The power of influence
Leadership: The power of influenceBobby Ray Burns
 
Managing employee performance through effective feedback
Managing employee performance through effective feedbackManaging employee performance through effective feedback
Managing employee performance through effective feedbackAmy Castro, MA, CSP
 
Measuring Human Resources by Maya Droeschler 2014
Measuring Human Resources by Maya Droeschler 2014Measuring Human Resources by Maya Droeschler 2014
Measuring Human Resources by Maya Droeschler 2014Maya Drøschler
 
Traditional and contemporary issues and challenges
Traditional and contemporary issues and challengesTraditional and contemporary issues and challenges
Traditional and contemporary issues and challengesICAB
 
Visionary leadership and influence in the context of Emotional Intelligence
Visionary leadership and influence in the context of Emotional IntelligenceVisionary leadership and influence in the context of Emotional Intelligence
Visionary leadership and influence in the context of Emotional IntelligenceShubham Singhal
 
20 Things That Will Make You a Powerfully Influential Leader
20 Things That Will Make You a Powerfully Influential Leader20 Things That Will Make You a Powerfully Influential Leader
20 Things That Will Make You a Powerfully Influential LeaderKris Fannin
 
Managing employee performance in a manufacturing environment
Managing employee performance in a manufacturing environmentManaging employee performance in a manufacturing environment
Managing employee performance in a manufacturing environmentHNI Risk Services
 
Measuring the Strategic Impact and Value of Human Resources Development Pract...
Measuring the Strategic Impact and Value of Human Resources Development Pract...Measuring the Strategic Impact and Value of Human Resources Development Pract...
Measuring the Strategic Impact and Value of Human Resources Development Pract...Charles Cotter, PhD
 

En vedette (20)

Leadership and social influence processes
Leadership and social influence processesLeadership and social influence processes
Leadership and social influence processes
 
Griffin chap02
Griffin chap02Griffin chap02
Griffin chap02
 
Griffin Management chapter 2
Griffin Management chapter 2Griffin Management chapter 2
Griffin Management chapter 2
 
contemporary issues in leadership (Chapter No. 13 )
contemporary issues in leadership (Chapter No. 13 )contemporary issues in leadership (Chapter No. 13 )
contemporary issues in leadership (Chapter No. 13 )
 
Power, authority and influence
Power, authority and influencePower, authority and influence
Power, authority and influence
 
Motivation (final ppt)
Motivation (final ppt)Motivation (final ppt)
Motivation (final ppt)
 
Transformational leadership
Transformational leadershipTransformational leadership
Transformational leadership
 
Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014
Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014
Influential Leadership - Dr Vidhya Sravanthi - Influence Conference 2014
 
Leadership & Influence: Diffusion of Ideas
Leadership & Influence: Diffusion of IdeasLeadership & Influence: Diffusion of Ideas
Leadership & Influence: Diffusion of Ideas
 
Leadership and the Psychology of Influence
Leadership and the Psychology of InfluenceLeadership and the Psychology of Influence
Leadership and the Psychology of Influence
 
Influence of Leadership Styles of Principals in Schools
Influence of Leadership Styles of Principals in SchoolsInfluence of Leadership Styles of Principals in Schools
Influence of Leadership Styles of Principals in Schools
 
Leadership: The power of influence
Leadership: The power of influenceLeadership: The power of influence
Leadership: The power of influence
 
Managing employee performance through effective feedback
Managing employee performance through effective feedbackManaging employee performance through effective feedback
Managing employee performance through effective feedback
 
Measuring Human Resources by Maya Droeschler 2014
Measuring Human Resources by Maya Droeschler 2014Measuring Human Resources by Maya Droeschler 2014
Measuring Human Resources by Maya Droeschler 2014
 
Traditional and contemporary issues and challenges
Traditional and contemporary issues and challengesTraditional and contemporary issues and challenges
Traditional and contemporary issues and challenges
 
Visionary leadership and influence in the context of Emotional Intelligence
Visionary leadership and influence in the context of Emotional IntelligenceVisionary leadership and influence in the context of Emotional Intelligence
Visionary leadership and influence in the context of Emotional Intelligence
 
20 Things That Will Make You a Powerfully Influential Leader
20 Things That Will Make You a Powerfully Influential Leader20 Things That Will Make You a Powerfully Influential Leader
20 Things That Will Make You a Powerfully Influential Leader
 
Managing employee performance in a manufacturing environment
Managing employee performance in a manufacturing environmentManaging employee performance in a manufacturing environment
Managing employee performance in a manufacturing environment
 
Measuring the Strategic Impact and Value of Human Resources Development Pract...
Measuring the Strategic Impact and Value of Human Resources Development Pract...Measuring the Strategic Impact and Value of Human Resources Development Pract...
Measuring the Strategic Impact and Value of Human Resources Development Pract...
 
Organizing presentation
Organizing presentationOrganizing presentation
Organizing presentation
 

Similaire à Managing Leadership and Influence Processes

ppt17-150404031318-conversion-gate01.pptx
ppt17-150404031318-conversion-gate01.pptxppt17-150404031318-conversion-gate01.pptx
ppt17-150404031318-conversion-gate01.pptxMuhammadAdeel321
 
GriffinChap17.ppt
GriffinChap17.pptGriffinChap17.ppt
GriffinChap17.pptfysall
 
Lesson 17 Managing Leadership and Influence Processes
Lesson 17 Managing Leadership and Influence ProcessesLesson 17 Managing Leadership and Influence Processes
Lesson 17 Managing Leadership and Influence ProcessesDR. RHEA SANTILLAN
 
Managing and the manager’s job
Managing and the manager’s jobManaging and the manager’s job
Managing and the manager’s jobICAB
 
Management information and chapter 10.pptx
Management information and  chapter 10.pptxManagement information and  chapter 10.pptx
Management information and chapter 10.pptxMuhammadAdeel321
 
Griffinchap17leadershipstyles 100101095639-phpapp01
Griffinchap17leadershipstyles 100101095639-phpapp01Griffinchap17leadershipstyles 100101095639-phpapp01
Griffinchap17leadershipstyles 100101095639-phpapp01Gaganpreet Panesar
 
Leadership 110416210322-phpapp01
Leadership 110416210322-phpapp01Leadership 110416210322-phpapp01
Leadership 110416210322-phpapp01Hashem Majid
 
Chapter 5-Leadership and Motivation.pdf
Chapter 5-Leadership and Motivation.pdfChapter 5-Leadership and Motivation.pdf
Chapter 5-Leadership and Motivation.pdfabdulfetah2
 
Leadership.pptx
Leadership.pptxLeadership.pptx
Leadership.pptxAjay835248
 

Similaire à Managing Leadership and Influence Processes (20)

ppt17-150404031318-conversion-gate01.pptx
ppt17-150404031318-conversion-gate01.pptxppt17-150404031318-conversion-gate01.pptx
ppt17-150404031318-conversion-gate01.pptx
 
GriffinChap17.ppt
GriffinChap17.pptGriffinChap17.ppt
GriffinChap17.ppt
 
week11-1.ppt
week11-1.pptweek11-1.ppt
week11-1.ppt
 
Lesson 17 Managing Leadership and Influence Processes
Lesson 17 Managing Leadership and Influence ProcessesLesson 17 Managing Leadership and Influence Processes
Lesson 17 Managing Leadership and Influence Processes
 
Ch 13-Slides
Ch 13-SlidesCh 13-Slides
Ch 13-Slides
 
Managing and the manager’s job
Managing and the manager’s jobManaging and the manager’s job
Managing and the manager’s job
 
Management information and chapter 10.pptx
Management information and  chapter 10.pptxManagement information and  chapter 10.pptx
Management information and chapter 10.pptx
 
Ppt16
Ppt16Ppt16
Ppt16
 
Leadership
LeadershipLeadership
Leadership
 
Management ch17
Management ch17Management ch17
Management ch17
 
Griffinchap17leadershipstyles 100101095639-phpapp01
Griffinchap17leadershipstyles 100101095639-phpapp01Griffinchap17leadershipstyles 100101095639-phpapp01
Griffinchap17leadershipstyles 100101095639-phpapp01
 
StuRC8eCh17.ppt
StuRC8eCh17.pptStuRC8eCh17.ppt
StuRC8eCh17.ppt
 
leadership.ppt
leadership.pptleadership.ppt
leadership.ppt
 
leadership.ppt
leadership.pptleadership.ppt
leadership.ppt
 
Leadership 110416210322-phpapp01
Leadership 110416210322-phpapp01Leadership 110416210322-phpapp01
Leadership 110416210322-phpapp01
 
Management ch17
Management ch17Management ch17
Management ch17
 
Management ch17 (2)
Management ch17 (2)Management ch17 (2)
Management ch17 (2)
 
Chapter 5-Leadership and Motivation.pdf
Chapter 5-Leadership and Motivation.pdfChapter 5-Leadership and Motivation.pdf
Chapter 5-Leadership and Motivation.pdf
 
3545186.ppt
3545186.ppt3545186.ppt
3545186.ppt
 
Leadership.pptx
Leadership.pptxLeadership.pptx
Leadership.pptx
 

Plus de ICAB

Forecasting Exchange Rates
Forecasting Exchange RatesForecasting Exchange Rates
Forecasting Exchange RatesICAB
 
Relationships between Inflation, Interest Rates, and Exchange Rates
Relationships between Inflation, Interest Rates, and Exchange Rates Relationships between Inflation, Interest Rates, and Exchange Rates
Relationships between Inflation, Interest Rates, and Exchange Rates ICAB
 
INTERNATIONAL ARBITRAGE & INTEREST RATE PARITY
INTERNATIONAL ARBITRAGE & INTEREST RATE PARITYINTERNATIONAL ARBITRAGE & INTEREST RATE PARITY
INTERNATIONAL ARBITRAGE & INTEREST RATE PARITYICAB
 
GOVERNMENT INFLUENCE ON EXCHANGE RATES
GOVERNMENT INFLUENCE ON EXCHANGE RATESGOVERNMENT INFLUENCE ON EXCHANGE RATES
GOVERNMENT INFLUENCE ON EXCHANGE RATESICAB
 
Currency Derivatives
Currency DerivativesCurrency Derivatives
Currency DerivativesICAB
 
INTERNATIONAL FINANCIAL MARKETS
INTERNATIONAL FINANCIAL MARKETSINTERNATIONAL FINANCIAL MARKETS
INTERNATIONAL FINANCIAL MARKETSICAB
 
International Flow of Funds
International Flow of FundsInternational Flow of Funds
International Flow of FundsICAB
 
Introduction to Foreign Exchange
Introduction to Foreign ExchangeIntroduction to Foreign Exchange
Introduction to Foreign ExchangeICAB
 
Exchange Rate Determination
Exchange Rate DeterminationExchange Rate Determination
Exchange Rate DeterminationICAB
 
Fazlur Rahman Khan by seyam rayhan
Fazlur Rahman Khan by seyam rayhanFazlur Rahman Khan by seyam rayhan
Fazlur Rahman Khan by seyam rayhanICAB
 
Market equlibariam
Market equlibariamMarket equlibariam
Market equlibariamICAB
 
Foot path business
Foot path businessFoot path business
Foot path businessICAB
 
Executive summary about walton company
Executive summary about walton companyExecutive summary about walton company
Executive summary about walton companyICAB
 
Coca-Cola
Coca-ColaCoca-Cola
Coca-ColaICAB
 
Equal opportunity employment
Equal opportunity employmentEqual opportunity employment
Equal opportunity employmentICAB
 
Employee rights and hr communications
Employee rights and hr communicationsEmployee rights and hr communications
Employee rights and hr communicationsICAB
 
Employee benefits
Employee benefitsEmployee benefits
Employee benefitsICAB
 
Compensation
CompensationCompensation
CompensationICAB
 
Compensation final
Compensation finalCompensation final
Compensation finalICAB
 
Share market of bangladesh
Share market of bangladeshShare market of bangladesh
Share market of bangladeshICAB
 

Plus de ICAB (20)

Forecasting Exchange Rates
Forecasting Exchange RatesForecasting Exchange Rates
Forecasting Exchange Rates
 
Relationships between Inflation, Interest Rates, and Exchange Rates
Relationships between Inflation, Interest Rates, and Exchange Rates Relationships between Inflation, Interest Rates, and Exchange Rates
Relationships between Inflation, Interest Rates, and Exchange Rates
 
INTERNATIONAL ARBITRAGE & INTEREST RATE PARITY
INTERNATIONAL ARBITRAGE & INTEREST RATE PARITYINTERNATIONAL ARBITRAGE & INTEREST RATE PARITY
INTERNATIONAL ARBITRAGE & INTEREST RATE PARITY
 
GOVERNMENT INFLUENCE ON EXCHANGE RATES
GOVERNMENT INFLUENCE ON EXCHANGE RATESGOVERNMENT INFLUENCE ON EXCHANGE RATES
GOVERNMENT INFLUENCE ON EXCHANGE RATES
 
Currency Derivatives
Currency DerivativesCurrency Derivatives
Currency Derivatives
 
INTERNATIONAL FINANCIAL MARKETS
INTERNATIONAL FINANCIAL MARKETSINTERNATIONAL FINANCIAL MARKETS
INTERNATIONAL FINANCIAL MARKETS
 
International Flow of Funds
International Flow of FundsInternational Flow of Funds
International Flow of Funds
 
Introduction to Foreign Exchange
Introduction to Foreign ExchangeIntroduction to Foreign Exchange
Introduction to Foreign Exchange
 
Exchange Rate Determination
Exchange Rate DeterminationExchange Rate Determination
Exchange Rate Determination
 
Fazlur Rahman Khan by seyam rayhan
Fazlur Rahman Khan by seyam rayhanFazlur Rahman Khan by seyam rayhan
Fazlur Rahman Khan by seyam rayhan
 
Market equlibariam
Market equlibariamMarket equlibariam
Market equlibariam
 
Foot path business
Foot path businessFoot path business
Foot path business
 
Executive summary about walton company
Executive summary about walton companyExecutive summary about walton company
Executive summary about walton company
 
Coca-Cola
Coca-ColaCoca-Cola
Coca-Cola
 
Equal opportunity employment
Equal opportunity employmentEqual opportunity employment
Equal opportunity employment
 
Employee rights and hr communications
Employee rights and hr communicationsEmployee rights and hr communications
Employee rights and hr communications
 
Employee benefits
Employee benefitsEmployee benefits
Employee benefits
 
Compensation
CompensationCompensation
Compensation
 
Compensation final
Compensation finalCompensation final
Compensation final
 
Share market of bangladesh
Share market of bangladeshShare market of bangladesh
Share market of bangladesh
 

Dernier

2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 

Dernier (20)

2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 

Managing Leadership and Influence Processes

  • 1. Slide content created by Joseph B. Mosca, Monmouth University. Copyright © Houghton Mifflin Company. All rights reserved. 17 Ready Notes Managing Leadership and Influence Processes For in-class note taking, choose Handouts or Notes Pages from the print options, with three slides per page.
  • 2.
  • 3. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 3 The Nature of Leadership • What does leadership mean? – A process, the use of non-coercive influence to shape the group’s or organization’s goals, and: • Motivate behavior. • Define group or organizational culture. • What are the characteristics of those who are perceived to be leaders?
  • 4. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 4
  • 5. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 5 Who Are Leaders? • People who: – Can influence the behaviors of others. – Are able to influence without having to rely on force. – Are accepted by others as leaders.
  • 6. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 6 Leadership Versus Management • MANAGEMENT: – Planning and budgeting. – Organizing and staffing. – Controlling and problem solving. – Producing a degree of predictability. • LEADERSHIP: – Establishing direction. – Aligning people. – Motivating and inspiring. – Producing change, often to a dramatic degree.
  • 7. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 7 Power and Leadership • What is power? – The ability to affect the behavior of others. • Legitimate power: – Power granted through the organizational structure, it is the power accorded people occupying particular positions as defined by the organization.
  • 8. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 8 Reward Power Defined • Reward power: – The power to give or withhold rewards, such as: • Salary increases. • Bonuses. • Promotion. • Recommendation.
  • 9. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 9 Types of Power • Coercive power: – The power to force compliance by means of psychological, emotional, or physical threat. • Referent power: – The personal power that accrues to someone based on identification, imitation, loyalty, or charisma.
  • 10. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 10 What Is Expert Power? • The personal power that accrues to someone based on the information or expertise that they possess.
  • 11. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 11 Michigan Studies on Leadership Behavior • Job-centered leader: – Leaders who pay close attention to an employ’s job and work procedures involved with that job. • Employee-centered leader: – Leaders who develop cohesive work groups and ensure employee satisfaction.
  • 12. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 12 Ohio State Leadership Studies • Initiating-structure behavior: – Leaders who define the leader-subordinate roles so that everyone knows what is expected, establish formal lines of communication, and determine how tasks will be performed. • Consideration behavior: – Leaders who show concern for subordinates and attempt to establish a friendly and supportive climate.
  • 13. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 13 The Leadership Grid • A method of evaluating leadership styles to train managers using OD techniques so that they are simultaneously more concerned for both people and production. • Concern for production: – Deals with the job aspects of leader behavior. • Concern for people: – Deals with the people aspects of leader behavior.
  • 14. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 14 Figure 17.1: The Leadership Grid
  • 15. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 15 Figure 17.2: Tannenbaum and Schmidt’s Leadership Continuum
  • 16. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 16 LPC Theory • LPC THEORY: – Suggests that the appropriate style of leadership varies with situational favorableness. – Least preferred coworker (LPC): – The measuring scale that asks leaders to describe the person with whom she/he is able to work least well.
  • 17. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 17 Figure 17.3: The Least-Preferred Coworker Theory of Leadership
  • 18. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 18 The Path-Goal Theory • A theory of leadership suggesting that the primary functions of a leader are to make valued or desired rewards available in the workplace. • Clarifies for the subordinate the kinds of behavior that will lead to goal accomplishment and valued rewards.
  • 19. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 19 Subordinates’ motivation to perform The Path-Goal Framework Subordinates’ Personal Characteristics •Perceived ability •Locus of control Leader Behavior •Directive •Supportive •Participative •Achievement oriented Environmental Characteristics •Task structure •Work group
  • 20. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 20 Decision Making Styles • Decide: Manager makes decision. • Consult: (Individually), Present problem to group members individually. • Consult: (Group). Present problem to group members. • Facilitate: Present to group and facilitate group member discussion. • Delegate: Allow group to define parameters, then develop solutions.
  • 21. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 21 Figure 17.5: Vroom’s Time-Driven Decision Tree
  • 22. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 22 Figure 17.6: Vroom’s Development-Driven Decision Tree
  • 23. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 23 The Leader-Member Exchange Approach • Stresses the importance of variable relationships between supervisors and each of their subordinates.
  • 24. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 24 The Leader-Member Exchange (LMX) Model LeaderLeader Subordinate 1 Subordinate 2 Subordinate 3 Subordinate 4 Subordinate 5 Out-group In-group
  • 25. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 25 Related Perspectives on Leadership • Substitutes for leadership: – Identifies situations in which leader behaviors are neutralized or replaced by characteristics of subordinates, the task, and the organization. • Charismatic leadership: – Assumes that charisma in an individual characteristic of the leader. • Charisma: – A form of interpersonal attraction that inspires support and acceptance.
  • 26. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 26 Transformational Leadership • Leadership that goes beyond ordinary expectations by transmitting a sense of mission, stimulating learning experiences, and inspiring new ways of thinking.
  • 27. Copyright © Houghton Mifflin Company. All rights reserved. 17 - 27 Political Behavior in Organizations • Political behavior: – Activities carried out for the specific purpose of acquiring, developing, and using power and other resources to obtain one’s preferred outcomes. • Impression management: – A direct and intentional effort by someone to enhance his/her image in the eyes of others.