Management Skills Notes

Management Skills Notes

Article 1: Leadership that gets results

Instead of choosing the one style that suits their temperament, they should ask which style best addresses the demands of a particular situation.

Important skills for a leader to have: self-awareness, self-regulation, motivation, empathy, and social skill.

Six types of leadership style:

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Measuring Leadership’s Impact

That leaders with strengths in a critical mass of six or more emotional intelligence competencies were far more effective than peers who lacked such strengths

Climate is an important factor in organizational success

Climate refers to 6 key factors that influence a working environment

·       Flexibility - how free employees feel to innovate unencumbered by red tape (bureaucracy)

·       Sense of responsibility to the organizations

·       The level of standards that people set

·       Rewards – the sense of accuracy about performance feedback and how well they get rewarded

·       The clarity people have about the organization mission and values

·       The level of commitment to a common purpose

Leaders who used styles that positively affected the climate had decidedly better financial results than those who did not. Climate accounts for a nearly 1/3 of the results making it an important factor for leadership performance and is directly correlated to financial performance

The Styles in Detail

-4/6 leadership styles have positive effect on climate and results

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Leaders Need Many Styles

Leaders who have mastered four or more— especially the authoritative, democratic, affiliative, and coaching styles— have the best climate and business performance. the most effective leaders switch

flexibly among the leadership styles as needed.

Expanding Your Repertory

The antidote to not having the 6 leadership styles is for the leader can build a team with members

who employ styles she lacks. An alternative approach, but the recommended one is for leaders to expand their own style repertories. Unlike IQ, which is predetermined by genetics, emotional intelligence can be grown overtime. The business environment is continually changing, and a leader must respond in kind.

Article 2: Great Business Leaders Are Confident, Connected, Committed, and Courageous

Confident in yourself – if you’re confident in yourself but disconnected from others, everything will become about you and you’ll alienate the people around you.

Connected to others – if you're connected to others but lack confidence in yourself, you will betray your own needs and perspectives to please everyone else.

Committed to purpose – if you're not committed to a purpose, something bigger than yourself and others, you'll flounder, losing the respect of those around you, as you act aimlessly.

Emotionally courageous – if you fail to act emotionally courageously, then your ideas will remain as idle thoughts and your goals unfilled.

Article 3: Could Your Personality Derail Your Career?

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Article 3: Latham, G.P.  & Locke, E.A. (2007). New developments in and directions for goal-setting research. European Psychologist, 12, 290-300.

Goal setting Theory states there is a positive linear relationship between a specific high goal and task performance, a specific high goal is better for performance than urging people to do their best.

Two factors affect the goals that

a person chooses: the importance of the goal to the individual and self-efficacy, namely, self-confidence that the

goal for a specific task is, indeed, attainable.

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Proximal Goals are set goals to facilitate.

Framing is done to encourage people to make mistakes and learn from them.

Kerr, S. (1995). On the folly of rewarding A, while hoping for B, Academy of Management Executive, 9(1), 7-14.

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Ethics:

Article 5: Discovering your Authentic Leadership

        According to Bill George authentic leadership involves not replicating someone else's leadership style as they are not the same person, he instead challenged the new generation to lead authentically. Authentic leaders show passion for their purpose, practice their values and consistently and establish long term meaningful relationships having self discipline knowing who they are.

        The article focuses on in-depth analysis of individual leaders who are successful and displays that there is no universal characteristics of a leader . Becoming an authentic leader comes with understanding the story of your life. The stories of these individuals showcases them overcoming difficult personal experiences and building off these experiences to give them deeper meaning. They work hard at understanding themselves and receive formal and informal experiences to receive feedback while tempering their need for acclaim and financial reward by focusing on intrinsic motivations.

        You may be able to produce short term outcomes without being authentic, but to have long term results authenticity is essential for integrity and sustaining focus through good and bad times.

You also need to understand what motivates you.

Intrinsic motivation is your sense of meaning in life, your story, and personal development. Extrinsic is the things of the outer world what people think of you, the money and items you have.

You need to build support teams and structures to help you through times of difficulty and Integrate your life by staying grounded and having time for every aspect, i.e. family, work friends.