Hersey and Blanchard classified maturity into four different degrees: According to situational theory, a leader exercises a particular form of leadership based on the maturity level of his or her team. Some leadership theories attempt to explain what differentiates a leader, while some explain how great leaders come to be. One disadvantage of transformational leadership is that it is not universally applicable. Very useful indeed. To a great extent, leadership theories have helped form and shape the kind of governance that exists today. However, the importance of other leadership styles has not diminished in any way. Without a leader, nothing will ever run smoothly. These skills are human, conceptual and technical. 47-56). The Great Man Theory of leadership was one of the first attempts to identify the personality traits of leadership. To view or add a comment, sign in, I really like this because I learn different leadership styles. If we focus on the technology side, Steve Jobs was the creator of what is today called the . Situational Theory recommends leaders to adopt a leadership style depending on the situation at hand, while the Behavioral Theory is all about the learning the skills necessary to become a good leader. Teams Need Coaches Not Autocrats. Extends beyond leadership, making it hard to focus on. The other major part of the situational leadership is the development levels of subordinates (Northouse, 2013). It is founded on the characteristics of different leaders both the successful and unsuccessful ones. 1. Another advantage of transformational leaders is that they help an organization go through change because they positively influences the behavior of employees. Participating and coaching. 3. The participative approach of leadership has numerous strengths. Weaknesses: 1. Googles CEO Larry Page recently stated, We still feel computers are pretty bad, and there can be more work done to make it better.Strengths:1. Great for creating successors3. We strongly believe that research and consultancy form the backbone of informed decisions and actions. (2013). Successors are organically createdWeakness:1. Selling or Coaching. A few decades ago, decisions weren't necessarily more difficult, but they did tend to come at a slower pace. The same concept applies to communities, companies, and countries. This is easier to teach. The three skills approach that Mumford and Katz proposed argues that there were three essential skills for leadership. While charismatic leaders are proven activators, they sometimes lack follow-through when it comes to execution2. The transactional theory. Wonder if there are a little bit of each of these styles in leaders mentioned here. 1. Great leaders know how to be flexible and make decisions based on the difficult circumstances they're faced with; they can think on their feet and find solutions to problems quickly. 2.does not take situations into account. Does Religion Align Best with Servant Leadership. The following is a list of some more specific leadership qualities that can make someone a great leader: having high . Can spot what is not working more easily than any other leaders3. It defines leaders as valiant, mythic, and ordained to rise to leadership when the situation arises. Strengths and weaknesses of Visionary Leadership:- The story of Apple is the story of its founder, Steve Jobs. Transactional leadership ranked second while the contingent reward and managing-by-expectation ranked third and fourth respectively. Inspirational leaders are known for their challenging, encouraging and involving capabilities. It was extremely enlightening to learn of the skills which I have and those where I need improvement. Practicing self-awareness allows you to better react to situations or people who may trigger . A weakness in my leadership style was not taking support from experienced persons. Decisiveness means that when others may be perplexed, a leader can calmly assess the situation and choose one action to unite everyone. Might discourage independent work among staff, while dependencies on the leader can increase3. Be it a new way to consume music or to connect with people online, these leaders are innovators in every sense of the word. While the skills inventory can provide a starting point to really look at your approach and areas that need improved, its just that a starting point and believe that leadership is too complex for one questionnaire to have a person questions ones abilities to be a great leader. Renowned leadership researchers Hodgson and White believe that the best form of leadership is one that finds the perfect balance between behaviors, needs, and context. Many aspects of these theories can be applied to help one improve his or her leadership skills. Leadership Self-Assessment The two theories that I chose to do my self-assessment by are the authentic leadership theory and the servant leadership theory. Since a person can improve their capabilities in these areas through training and experience (Northouse,p.57), I would not stress about one questionnaire guiding your personal or work life. Not one part can stand alone. First of all, participative leadership promotes a healthy working environment through making each member feel important and needed in the organization. Servant leaders are constructive, persistent, and motivating. Creates feelings of empowerment and motivation amongst teamWeaknesses:1. The example of how Elon Musk opened up Teslas patents and set standards for the future automobile industry to follow is a perfect example of a Pace Setter. Leadership training. To keep learning and advancing your career, the following resources will be helpful: Financial Modeling & Valuation Analyst (FMVA), Commercial Banking & Credit Analyst (CBCA), Capital Markets & Securities Analyst (CMSA), Certified Business Intelligence & Data Analyst (BIDA). I have learned a significant amount of information about myself asa person regarding the psychodynamic dynamic approach to leadership, as well as with which skills I am strong and weak. Can inspire people to act and move towards goals2. leadership strengths and weaknesses. Leaders have specific skills that they use to lead their followers. Strengths and weaknesses of Visionary Leadership. It takes an unbiased approach to leadership and allows people from all backgrounds, genders and ethnicities to progress as a leader. Self-awareness. It showed that any person could learn and adapt this specific set of skills to become a leader. These leaders easily appeal to people and use their strengths to forge lasting business relationships.Strengths:1. Leaders had time to think things through, but . They are more likely to collaborate more effectively as a team when the leader and members of their in-group have mutual regard for one another. Strengths of the skill approach is that it is a leader centered model that stresses the importance of developing leadership skills, is intuitively appealing, provides an expansive view of leadership incorporates a wide variety of components, and provides a structure that is very consistent with a curriculum of most leadership education programs. This implies that their abilities are innate, not learned. Technical skills are specific abilities to accomplish the details of a task. For the situational leader, they must be able . Despite its weaknesses, the skills theory has been able to show leadership and leaders abilities in a new light. Becomes complicated when more than just leadership. STRENGTHS WEAKNESSES The servant leader empathizes with people s/he is leading, and get to understand them. The levels range from D1 through D4, the lowest development to the high development. (2013). Can be outdone by other transformational leaders2. Cultural factors also limit the application and effectiveness of transformational leaders. The conceptual skills work to develop concepts or ideas. What Is Intellectual Humility? Finds a better way of doing something2. List of Excel Shortcuts I believe that the Skills Inventory is a great place to figure out a person strengths and weakness for a particular leadership situation. Emerging leaders today lack certain qualities that older leaders may have had more time to develop. Although it was originally proposed in the 1800s, it is often criticized as lacking a scientific foundation, not being gender . The Cons: Weaknesses and Disadvantages of Transformational Leadership. Thank you for reading CFIs guide on Leadership Theories. Great during crisis situations and at inflection points2. 5.not useful for training and development of leaders. Describe the advantages and disadvantages They do however provide general direction and the tools for goal achievement. Employees enjoy working for a leader with a clear vision and a well-defined way to get there. Creates feelings of empowerment and motivation amongst team. This paper will attempt to highlight my personal strengths and weaknesses as leader, identify the areas needed for improvement, and identify the leadership skills and practices that I will use to become an effective leader. Maximize Your Strengths. I am a leader in my personal extra curricular activities and am a manager in my professional life. Largely influenced on leaders' experiences. Can get work doneWeaknesses:1. This model is considerably straightforward because it focuses on a direct exchange process in which the transactional leader provides the rewards while the followers perform the expected . Will be two steps ahead of their competitors3. Talent FleesThe Mediocre Stay. Some additional disadvantages of this theory include: No specific style for different situations. Followers Become Passive-Aggressive. The three-skill approach argued that effective leadership required three skills: technical, human, and conceptual skills. 1. Take an orchestra, for instance, one that consists of all the best musicians in the world but lacks a conductor. Hersey-Blanchard situational leadership theory . It is also known as dynamic. weaknesses. The theory suggests that effective leadership is the result of many learned skills. Adair leadership theory. What do you all think about mixing and matching these styles? This paper will also give an outline of the goals that I consider a priority and a timeline for this development. This idea has the drawback of assuming that every team member is created equally, which isn't necessarily the case. Productivity can suffer if the leader fails to imbue a strong sense of accountability among his/her staff3. After all, integrity is the most valuable and respected quality of leadership always keep your word. He already invested over $100 million of his own money into SpaceX, $10 million into SolarCity, and at least $55 million into Tesla Motors. This promotes self esteem of each member of the organization. Also, I've noticed that leadership styles can change or be refined through the years. Such motivation comes from the leader-inspired belief that all the efforts will be fruitful (Dixon & Hart, 2010). 1.limited to list of traits, that can be seen as ambiguous. A Simplified Approach to Leadership. Leadership is a skill that can be learnt. Lastly, reference them in the correct APA formatted Reference section. Political Autocrats Create Opposition. Leadership Theory Paper: Assessing Strengths and Transformational leadership has the advantage of producing more creative ideas and innovative solutions through collaboration. The Path Goal Leadership Theory is developed by Robert House, and basically states that leaders will adjust and adapt to behaviors that will play to the strengths of their subordinates and compensates their weaknesses. DIRECTIONS: 1. Why are some people elected as managers and presidents while the rest remain followers? Schools of thought explaining how and why certain individuals become leaders. A third strength to this approach is that there are different types of styles of leadership and guidelines that can be applied to each specific style and situation. I believe that as situations change and one relates to a particular leadership role will ultimate affect the final grade that one would receive. This aims primarily at post-baccalaureate students interested in leadership theory and ethical leadership. The overall impression is one of caring, showing empathetic symptoms and highlighting interests of others above themselves. If the employee believes in the vision or the company has a future, they may be willing to settle for lower pay. After reading the skills chapter in the text Leadership:theory and practice, it is clear to me that I have some improvements to make. developing just as a leader. The three skills approach that Mumford and Katz proposed argues that there were three essential skills for leadership. 3. This theory understands that though a leader can and needs to adapt to the situation, the leader still defaults to his or her own style, personality, and approach. But, since they may not always make the right decisions, they must also be willing to learn from their mistakes. Konsyse is a digital imprint of Esploro Company and a sister digital imprint of Profolus. The strengths vary from one leader to another and may include: Some of the more complex situational theories emphasize focusing on people. Second, it is easily applies. Compare and contrast three contemporary (3) leadership theories. Select Accept to consent or Reject to decline non-essential cookies for this use. We are dedicated to empower individuals and organizations through the dissemination of information and open-source intelligence, particularly through our range of research, content, and consultancy services delivered across several lines of business. The two primary theories to develop from a skills approach were Katz's three-skill approach and Mumford's skills model of leadership. California: Sage Publishing. Self-Assessment Self-awareness is essential for developing leadership skills. Are seen as more approachable and friendlier than other leaders3. This theory highlights five important skills that are important characteristics of leadership. This theory says that people will follow leadership if there is a fair . 1. The Trait Theory is very similar to the Great Man Theory. The solution is to get him extra . Note that one of the strengths of transformational leaders is their role in facilitating creativity and innovation through collaboration. Can build strong relationships and also repair relationships gone sourWeakness:1. 1) Great Man Theory of Leadership: Leaders are born, not made. May curb the creation of future leaders within an organization3. Rath and Conchie put forth three tenants of Strengths-based leadership: (1) Effective leaders invest in their followers' strengths, (2) Effective leaders build well-rounded teams out of followers who are not, and (3) Effective leaders understand the needs of followers. qualities are being discussed, makes it hard to focus on. They challenge the status quo by introducing a new way of doing something. As proposed by the Trait Theory, effective leadership depends on the traits that one possesses. Compared with transactional leaders, transformational leaders collaborate with their followers to make decisions and solve problems through the generation, evaluation, and synthesis of different insights and ideas. Fourth, the notion that leadership needs to be adaptive to situations. List of the Strengths of the Transactional Leadership Style. Being an inclusive leader requires that one constantly involves other people in their leadership, whether it is by always welcoming the feedback of others or delegating more responsibility to others than other forms of leadership. The Cons: Weaknesses and Limitations of Transformational Leadership 1. In order words, authentic leadership is grounded on increased self-consciousness of the individual; this state requires time. We aim to empower our readership by delivering concise informative content. Transactional leadership believes in keeping the employees under a strict discipline whereas transformational leadership makes it possible for employees to enjoy the maximum authority while shouldering their responsibilities. Restricted Applicability in Specific Circumstances. Transformational leadership is not a one-size-fits-all leadership style. Northouse,P.G. A leader is crucial to the success of every team. Some of the most common strengths that leaders have include: being a good listener, delegating tasks effectively, communicating clearly to get an idea across, taking initiative when needed, and always striving for improvement. As proposed by the Trait Theory, effective leadership depends on the traits that one possesses. Below are some tips, methods, and strategies to incorporate when evaluating your strengths and weaknesses. Each type of leadership comes with its own set of skills, strengths, and weaknesses which must be considered before implementing it. Leadership: Theory and Practice. Can cater to niche marketsWeakness:1. It states that some people are born with the traits of a leader; they have the gift of unique qualities. However, the transformational approach enhances group creativity and innovativeness but negatively affects such capabilities at the individual level due to dependence. A common weakness of leaders is a lack of vision. More Approachable Leaders. The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. Why Is It Important. According to the IMD business school, there are 8 key leadership strengths: Self-awareness: knowing yourself, your strengths, your weaknesses, your emotional state, etc. Buy-in is Limited. Under this theory, the leader or the manager is assumed to be flexible in their style; changing according to the competencies . May miss out on finer technical and practical details since they focus more on human relationships3. The Contingency Theory emphasizes different variables in a specific setting that determine the style of leadership best suited for the said situation. 2. One disadvantage of transformational leadership is that it is not universally applicable.It is useless in new and chaotic groups or organizations, those that perform mechanized tasks, and in emergencies or situations that require quick decision-making or prompt problem-solving. Northouse,P.G. Can conflict with people who resist change, Examples: Elon Musk (CEO, Tesla), Jeff Bezos (CEO, Amazon), Bill Gates (Former CEO, Microsoft)Key Phrase: Lets dream big and set standardsDescription: These leaders set the pace for their own company and others in the industry to follow. It is a process which involves painstaking evaluation, soul searching, honesty, and vulnerability. Each employee or team member needs to have high levels of self-motivation to work under this leadership style, Examples: Nick Bollettieri (American Tennis coach to grand slam winners like Andre Agassi, The Williams Sisters, Maria Sharapova and more), Cesar Milan (Dog Psychologist and TV Show Host)Key Phrase: Let me teach you how its doneDescription: This style of leadership focuses on the strengths and weaknesses of individual team members or employees. Today's contemporary leadership trends all point to authenticity and vulnerability in both words and action.
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