Session 10 Flashcards Preview

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Flashcards in Session 10 Deck (22):
1

Was sagen Malmendier/Tate in ihrem Text: "Superstar CEOs"?

- eine kleine Anzahl von "Superstars" genießen den Großteil der Prämien
- preisgekrönte CEOs underperformen zu ihrer vorherigen Leistung als auch zu nicht-preisgekrönten CEOs
-bekommen mehr Vergütungen nach dem sie einen Preis gewonnen haben sowohl in absoluten Beträgen als auch zu anderen leitenden Angestellten ihres Unternehmens
- verbringen mehr Zeit auf öffentlichen und privaten Tätigkeiten außerhalb ihrer Gesellschaften, wie das Annehmen von Vorstandssitzen oder das Schreiben von Büchern
- Das Vorkommen von Ergebnismanagement steigert sich nach dem Gewinn
- Effekte sind am stärksten in Unternehmen mit schwacher Unternehmensführung
- Ergebnis: ex post Folgen sind negativ für die Aktionäre

2

How is leadership defined?

is a process whereby an individual influences a group of individuals to achieve a common goal

3

How is a leader defined?

- followers are involved together
- followers need each other
- often initiate and maintain the relationship
- are not above or better than followers

4

What is an assigned leadership?

leadership based on occupying a position within an organization

5

What is an emergent leadership?

an individual perceived by others as the most influential member of a group or organization regardless of the individual's title
- emerges over time through communication behaviors
- affected by personality and gender

6

What is the power of leadership?

- the capacity or potential to influence
- ability to affect others' beliefs, attitudes & actions

7

What are the bases of social power by French & Raven?

- Referent
- Expert
- Legitimate
- Reward
- Coercive

8

What is position power?

derived from office or rank in an organization

9

What is personal power?

his influence derived from being seen as likable & knowledgeable

10

Which types of French & Raven belong to position power?

- legitimate
- reward
- coercive

11

Which types of French & Raven belong to personal power?

- referent
- expert

12

What does coercion involve?

- use of force to effect change
- influencing others to do something by manipulating rewards and penalties in the work environment
- use of threats, punishments and negative rewards

13

What is the consequence of having power and restraint?

used to force followers to engage in extreme behavior

14

Which management activities exist?

- planning & budgeting
- organizing & staffing
- controlling & problem solving

15

Which leadership activities exist?

- establishing direction
- aligning people
- motivating/inspiring

16

What is the characteristic of managers?

- are reactive
- prefer to work with people solving
- low emotional involvement

17

What is the characteristic of leaders?

- are emotionally active & involved
- shape ideas over responding to them
- act to expand available options
- change the way people think about what is possible

18

Which traits have to be possessed or cultivated if one seeks to be perceived by others as a leader?

- intelligence
- self-confidence
- determination
- integrity
- sociability

19

What are the big five personality factors of the 5-factor personality model and leadership?

- neuroticism
- extraversion
- openness
- agreeableness
- conscientiousness

20

What are the results of the 5-factor personality model and leadership?

result:
- strong relationship between personality traits and leadership
- extraversion: factor most strongly associated with leadership
- conscientiousness: second most related factor
- low neuroticism
- agreeableness: only weakly related to leadership

21

What is the definition of emotional intelligence and leadership?

- ability to perceive and
- apply emotions to life's tasks
- reason/understand emotions
- express emotions
- use emotions to facilitate thinking
- manage emotions within oneself and relationships

22

What is underlying premise?

people who are more sensitive to their emotions and their impact on others will be more effective leaders