Wk1-5 Flashcards
(23 cards)
What is leadership? How does it differ to management?
Influencing followers to achieve a mutual goal.
Focuses on change, transforming influence, future possiblities. Motivating followers. Organisational vision and future.
Management focuses on handling existing processes and systems. Maintaining status quo. Bottom line profit focus.
What are the three essential elements of leadership?
- Leader
- Follower
- Context
What values does the Eastern leadership philosophies hold in high esteem?
Humility.
Servanthood.
Selflessness.
Lao Tzu - ‘one must be selfless to enhance self.’
What is Plato’s concept of the ideal leader?
The Philosopher king.
Needs both wisdom and knowledge to lead.
What factors influence leadership development?
Crucible events.
Historical context/situation.
Family relationships - eg. abuse by family, triggers destructive leadership - Hitler, Stalin etc.
What are the elements of vision?
Core ideology: core values and purpose.
Envisioned future - vivid description.
BHAG.
How can one find their purpose in life?
What are personal core values?
Where do they intersect with personal talents?
How do core values shape the leadership process?
Guiding principles.
Dictate leadership style.
Lead by example - acting out values in reality.
What are the six dimensions of servant leadership?
- Authentic self
- covenantal relationship
- Responsible morality
- Transforming influence
- Transcendental spirituality
- Voluntary subordination
What is the trait approach of leadership?
Leaders have distinct, innate qualities that non leaders do not have or can develop.
What is Socrates view on leadership?
Leaders should serve their followers through educating them and bring out truths.
What is the difference between charismatic leaders and transformational leaders?
Charismatic: extraordinary competence, high follower dependence on leadership.
Transformational: inspire, develop, empower followers.
What are crucible events?
Defining moment, triggers deep introspection that can create a new or altered sense of identity.
What is adaptive capacity?
Adaptive capacity is hardiness, and ability to grasp context. Create opportunity from hardship.
How can one lead with vulnerability?
Make your own experiences (good or bad) valuable resources to others and their lives.
What is creative tension and how does it work?
The difference between current reality and an envisioned future. Creates energy and desire towards action and future.
What is an example of vision?
Three stone masons - doing same thing.
- cutting stone
- making money
- building a magnificent cathedral
What are the 6 characteristics of visionary companies?1
- premier institution in its industry
- widely admired by the business world
- indelible imprint on the world
- multiple generations of CEOs
- multiple product life cycles
- founded before 1950
What are the 5 steps of formulating an organisational vision?
- involve key stakeholders
- strategic objectives with wide appeal
- identify relevant elements in the old ideology
- link vision to core competencies
- continually assess and refine the vision
What are values?
Basic convictions, create a preferable end result to state of existence when acted out.
What is core ideology?
the enduring characteristics or self identity of an organisation.
What are core values?
a set of timeless guiding principles that will not be compromised for financial gain or other convenience.
What is an organisation’s core purpose?
The fundamental reason for existence beyond profit.
