Exam 2 study guide man3240 are charismatic leaders

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Exam 2 Study Guide MAN3240 Are Charismatic Leaders Born or Made? Some individuals are born with charismatic traits, others are trained to exhibit charismatic behaviors. o Develop the aura of charisma. o Create a bond that inspires others to follow. o Bring out the potential in followers by tapping into their emotions. How Charismatic Leaders Influence Followers Articulating an appealing vision. Developing a vision statement . Establishing a new set of values. Conveying courage and conviction about the vision. Does Effective Charismatic Leadership Depend on the Situation? People are especially receptive when they sense a crisis, when they are under stress, or when they fear for their lives The Dark Side of Charismatic Leadership Many leaders don’t necessarily act in the best interest of their companies. o Many have allowed their personal goals to override the goals of the organization. o Individuals who are narcissistic are also higher in some behaviors associated with charismatic leadership. p. 395 How Transformational Leadership Works: Creativity – theirs and others. Decentralization of responsibility. Propensity to take risks. Compensation is geared toward long-term results. Greater agreement among top managers about the organization’s goals. Evaluation of Transformational Leadership
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Exam 2 Study Guide MAN3240 Transformational leadership has been supported at diverse job levels and occupations, but isn’t equally effective in all situations. o It has a greater impact on the bottom line in smaller, privately-held firms than in more complex organizations. Transformational versus Transactional Leadership Transformational leadership is more strongly correlated with lower turnover rates, higher productivity, lower employee stress and burnout, and higher employee satisfaction. Transformational versus Charismatic Leadership Charismatic leadership places more emphasis on the way leaders communicate – are they passionate and dynamic? Transformational leadership focuses more on what they are communicating – is it a compelling vision? Both focus on the leader’s ability to inspire followers. 16. N/A 12.5: Role of Leaders in Creating Ethical Organizations (399-402) Authentic Leadership Authentic leaders : o Know who they are. o Know what they believe in and value. o Act on those values and beliefs openly and candidly. The result: people come to have faith in them.
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