MGT 3620 FINAL EXAM – QUESTION AND ANSWERS

MGT 3620 FINAL EXAM – QUESTION AND ANSWERS1. Briefly list the essential components required for the effective practice of leadership in today’s world. • Honesty and Integrity • Outstanding Self Awareness • Vision • Courage • Communication Skills • Team Builder 2. Briefly identify the range of leadership styles utilized in the Vroom–Jago time-driven leadership model and specify the dimensions on which these leadership styles vary. Making good decisions is one of the central leadership tasks. Part of doing this is determining the most efficient and effective means of reaching the decision. You don't want to make arbitrary decisions when team acceptance is crucial for a successful outcome. Nor do you want to be involving your team in every decision you make, because that is an ineffective use of time and resources. What this means is you have to adapt your leadership style to the situation and decision you are facing. Autocratic methods work some of the time, highly participative styles work on other occasions, and various combinations of the two works best in the times in between. The Vroom-Jago Decision Model provides a useful framework for identifying the best leadership style to adopt for the situation you're in. 3. Describe the features of charismatic leadership. Charming pioneers are otherwise called transformational pioneers since they are frequently required in unusual change activities. Developing Genuine Charisma is a measure of a man's development and character. 4. Discuss the attributes of authentic leadership. • Act with confidence - They are authentic and are comfortable with who they are and what they are. • Offer inspiring vision - They tap the employee's desires. • Identifies and brings out the best in others - They offer feedback and nurture their subordinate’s talent. • Leaders and followers - They act for the moment and are less worried about their designation. • Resilient - They hold on to the vision in the face of challenges and use setbacks as opportunities for growth. 5. Describe the basic nature of the transformational leadership model. Transformational leadership is defined as a leadership approach that causes change in individuals and social systems. It creates valuable and positive change in the followers with the end goal of developing followers into leaders. It enhances the motivation, morale and performance of followers through a variety of mechanisms. These include connecting the follower's sense of identity and self to the mission and the collective identity of the organization.