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Unveiling Leadership Traits: Passion, Commitment, and Ferocity

Explore the essence of great leaders through in-depth analysis of traits like passion, commitment, and ferocity. Delve into various leadership theories, typologies, and the impact of transformational leadership on organizational outcomes. Discover how leadership styles differ across situations and the significance of influencing a group towards goals. Empirical data, anecdotes, and case studies of renowned business and societal leaders further elucidate the importance of effective leadership. From trait theories to behavioral and contingency theories, gain insights into what defines a true leader and why leadership is crucial for organizational success.

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Unveiling Leadership Traits: Passion, Commitment, and Ferocity

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  1. “Great business leaders ought to reveal all the traits of a great lover -- passion, commitment, ferocity. Nothing less will do.” Fortune, March 2, 1998

  2. Agenda 6J:130 3/21 • Announcements • Concepts and Terms • Thought Activity • Leadership Mini-Lecture, v1 • Video: Herb Kelleher • Leadership Mini-Lecture, v2

  3. Textbook Trait theories Behavioral Theories Situational Contingency Theories Transactional and transformational leadership Substitutes and neutralizers Lecture Supplements Does leadership make a difference? Typology of leadership theories Concepts and Terms

  4. What makes a leader? Thought Exercise

  5. What is Leadership? • Definition: Leadership is the ability to influence a group toward goals. (There are many other definitions). • Considered distinct from “management” today, but hasn’t always been...

  6. Does LEADERSHIP make a difference? • Empirical Data • Leadership accounts for 20-45% of variance in organizational outcomes. • Outcomes influenced by many other factors outside the control of the leader. • Anecdotal Data • Business--Rockefeller, Gates, Welch, Grove, Murdoch • Society--Lincoln, Roosevelt, King, Ghandhi

  7. Typology of Leadership Theories Universal Contingency Trait Great Man Fiedler’s LPC Blake & Mouton Hersey & Blanchard Behavior

  8. Universal Leadership Theories There is one best style of leadership for all situations.

  9. Universal Theories • Trait Theories focus on leader characteristics: • Abilities & Personality (Great Man) • Physical characteristics • Behavior Theories focus on leader behaviors in U of M and OSU studies: • Concern for production (initiating structure) • Concern for people (showing consideration)

  10. Contingency Leadership Theories Different leadership styles will be better in different situations.

  11. Contingency Theories • Trait Theories focus on leader characteristics in different situations: • Personality (Fiedler’s LPC) • Behavior Theories focus on leader behaviors in different situations: • Hersey & Blanchard • Path-Goal Theory

  12. Herb Kelleher Video

  13. Transformational Leadership • Transformational, charismatic, visionary leadership all very similar. Simplest version suggests the leader has: • Charisma • and practices: • Inspirational Communication • Intellectual Stimulation • Individualized Consideration

  14. Can it be learned? Yes. Average level of transformational leadership behavior on part of leader 2 weeks before training 5 months after training Source: Barling, J., Weber, T., & Kelloway, E. K. (1996). Effects of transformational leadership training on attitudinal and financial outcomes: A field experiment. Journal of Applied Psychology, 81, 827-832.

  15. Does it influence outcomes? Yes. Average number of personal loan sales of subordinates reporting to leader 2 weeks before training 5 months after training Source: Barling, J., Weber, T., & Kelloway, E. K. (1996). Effects of transformational leadership training on attitudinal and financial outcomes: A field experiment. Journal of Applied Psychology, 81, 827-832.

  16. Transactional vs. Transformational Leaders • In contrast, the transactional leader is characterized by: • Contingent Reward • Active/Passive Management by Exception • Laissez-Faire • Transactional leaders can be good managers but not necessarily great leaders!

  17. Summary • Today • Definition of leadership and why its important. • Taxonomy of leadership theories--universal contingency Theories • Herb Kelleher • Transformational Leadership • Study on Transformational Leadership • Next time • Influence -- make sure to read Yukl!

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