MGT355 Week 1: Leadership Essentials

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Questions and Answers

What distinguishes transformational leadership from transactional leadership?

Transactional leadership is based on emotional intelligence.

Transformational leadership focuses on short-term rewards.

Transactional leadership emphasizes the ability to create significant change.

Transformational leadership seeks to bring about significant change in followers. (correct)

Which statement correctly describes the role of leaders based on the provided definitions?

Leaders influence group members to comply willingly. (correct)

Leaders act primarily through authority and coercion.

Leaders are mainly responsible for maintaining established procedures.

Leaders primarily enforce rules and regulations.

Which of the following words are associated with management, as per the information given?

Change and motivation

Control and consistency (correct)

Creativity and risk-taking

Dynamic and vision

What is meant by legitimate power in leadership?

Authority granted from formal positions within an organization. Signup and view all the answers

Which aspect differentiates leadership from management?

Leaders focus on vision and inspiring others. Signup and view all the answers

Which of the following is a characteristic of transformational leadership?

Ability to bring about significant change Signup and view all the answers

Which term best describes the relationship in which group members comply because they want to?

Interpersonal relation Signup and view all the answers

Which of the following statements aligns with the definition of management?

Involves planning and control Signup and view all the answers

What type of power is derived from a leader's formal position within an organization?

Legitimate power Signup and view all the answers

What is one of the key contributions of leaders in a group setting?

They provide vision and direction Signup and view all the answers

Which skill is considered an emotional aspect of leadership?

Effective communication Signup and view all the answers

Which of the following best describes transactional leadership?

An exchange process between leaders and followers Signup and view all the answers

Which word is associated with leadership rather than management?

Vision Signup and view all the answers

How do leaders typically influence groups towards achieving goals?

Through direction and interpersonal relations Signup and view all the answers

Which type of leader power is derived from the influence of a leader's ability and knowledge?

Expert power Signup and view all the answers

Study Notes

Introduction to Leadership & Power

This is Week 1 of the MGT355 course, Leadership in Organisations
The week focuses on leadership definitions, leadership vs. management, the importance of leaders, transactional and transformational leadership, and five types of leader power.

Leadership Definitions:
- Directing and coordinating the work of group members
- An interpersonal relationship where others comply willingly, not out of obligation
- Creating conditions for a team to be effective
- Influencing an organised group to achieve its goals
Leadership vs Management:
- Management involves efficiency, planning, paperwork, procedures, regulations, control, and consistency
- Leadership involves risk-taking, dynamism, creativity, change, and vision
- "Leaders do the right things; managers do things right."
Why Leaders Matter:
- Leaders provide vision and direction
- Leaders help keep groups organised
- Leaders influence group performance
Transactional and Transformational Leadership:
- Transactional leadership involves a transaction/exchange between leaders and followers
- Transformational leadership involves the ability of the leader bringing about significant change in followers and the organisation
Five Types of Leader Power:
- Types of power include Positional (legitimate, reward, coercive) and Personal (expert, referent) power

Leadership is both a Science/Art and Rational/Emotional

Leadership skills involve analyzing and responding to situations
Leaders vary in how they use reason, logic, inspiration, and passion
Individual behaviours change when in a group setting

Legitimate Power

Authority comes from formal positions within an organisation
Rights, responsibilities, and prerogatives assigned to leadership positions
Leadership roles involve setting goals, making decisions, and directing activities

Reward Power

Authority to reward others
Leaders can use rewards such as pay raises, promotions, and resources
Rewards influence subordinate behaviour

Coercive Power

Authority to punish or recommend punishment
Opposite of reward power
Can involve actions like firing, demotion, criticism, reprimands, or pay reductions.

Expert Power

Results from special knowledge or skills
Followers respect recommendations based on superior knowledge
Expert power usually develops through experience

Referent Power

Power derived from personality characteristics
Others identify with, respect, and want to emulate a leader
Power based on personal characteristics rather than title
Strong identification with the leader

Formative Task

The formative task is to be completed on Moodle.

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Description

Explore the foundational concepts of leadership in Week 1 of the MGT355 course. This quiz examines key definitions, contrasts leadership with management, highlights the significance of leaders, and discusses different types of leader power. Test your understanding of these essential leadership principles.