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What is the nature of leadership? What are the important leadership traits and behaviors? What are the contingency approaches to leadership? What are some current issues in leadership development? | PowerPoint Presentation to Accompany Management, 10/e John R. Schermerhorn, Jr. Prepared by: Jim LoPresti University of Colorado, Boulder Published by: John Wiley & Sons, Inc. Chapter 16: Essentials of Leadership Management 10/e - Chapter 16 Planning Ahead — Chapter 16 Study Questions What is the nature of leadership? What are the important leadership traits and behaviors? What are the contingency approaches to leadership? What are some current issues in leadership development? Management 10/e - Chapter 16 Study Question 1: What is the nature of leadership? Leadership. The process of inspiring others to work hard to accomplish important tasks. Contemporary leadership challenges: Shorter time frames for accomplishing things. Expectations for success on the first attempt. Complex, ambiguous, and multidimensional problems. Taking a long-term view while meeting short-term demands. Management 10/e - Chapter 16 Figure 16.1 Leading viewed in relationship to the . | PowerPoint Presentation to Accompany Management, 10/e John R. Schermerhorn, Jr. Prepared by: Jim LoPresti University of Colorado, Boulder Published by: John Wiley & Sons, Inc. Chapter 16: Essentials of Leadership Management 10/e - Chapter 16 Planning Ahead — Chapter 16 Study Questions What is the nature of leadership? What are the important leadership traits and behaviors? What are the contingency approaches to leadership? What are some current issues in leadership development? Management 10/e - Chapter 16 Study Question 1: What is the nature of leadership? Leadership. The process of inspiring others to work hard to accomplish important tasks. Contemporary leadership challenges: Shorter time frames for accomplishing things. Expectations for success on the first attempt. Complex, ambiguous, and multidimensional problems. Taking a long-term view while meeting short-term demands. Management 10/e - Chapter 16 Figure 16.1 Leading viewed in relationship to the other management functions. Management 10/e - Chapter 16 Study Question 1: What is the nature of leadership? Power. Ability to get someone else to do something you want done or make things happen the way you want. Power should be used to influence and control others for the common good rather seeking to exercise control for personal satisfaction. Two sources of managerial power: Position power. Personal power. Management 10/e - Chapter 16 Study Question 1: What is the nature of leadership? Position power. Based on a manager’s official status in the organization’s hierarchy of authority. Sources of position power: Reward power. Capability to offer something of value. Coercive power. Capability to punish or withhold positive outcomes. Legitimate power. Organizational position or status confers the right to control those in subordinate positions. Management 10/e - Chapter 16 Study Question 1: What is the nature of leadership? Personal power. Based on the unique personal