10.5 Contemporary Approaches to Leadership
LEARNING OBJECTIVES
1. Transformational Leadership
Transformational leaders: Those leaders who lead employees by aligning
employee goals with the leader’s goals.
- Charisma: Behaviors leaders demonstrate that create confidence,
commitment, and admiration to the leader.
- Inspirational motivation: When leaders come up with a vision that is
inspiring to others.
- Intellectual stimulation: When leaders challenge organizational norms
and status quo and encourage employees to think creatively and work
harder.
- Individualized consideration: When leaders show personal care and
concern for the well-being of their followers.
Transactional leaders: Those leaders who ensure that employees
demonstrate the right behaviors because the leader provides resources in exchange.
- Contingent rewards: Rewarding employees for their accomplishments.
- Active management by exception: Leaving employees alone but at the same time proactively predicting potential problems and preventing them from occurring.
- Passive management by exception: Leaving employees alone but then coming to the rescue if anything goes wrong.
2. Servant Leadership
Servant Leadership: A leadership approach which defines the leader’s role as
serving the needs of others. 3. Authentic Leadership
Authentic Leadership: Effective leaders who stay true to themselves.