Ten Leadership theories in Five Minutes
1. The Great Man theory
– Good leaders are born not made.
– Some have more leadrship gifts than others.
2. The Trait Theory
– Determined which traits needed for leaders
– Problem: Too many traits identified
3. The Skills theory
– Practical skills needed for leaders
– 3 types of skills: Technical skills in your field, People skills, Conceptual skills
4. The Style theory
– Managerial grid: Concern for people vs concern for performance
– Goal: Be people-friendly but insist on performance
5. Situational leadership
– No one-size-fits-all leadership
– Must adapt to situation, assume static
– e.g. Coaching boys vs girls
6. Contingency theory
– Change the leader based on situation
– Effective leadership is “contingent” on matching the leader’s style to the setting
7. Transactional leadership
-There’s a reciprocal between leader and follower
– Leader finds right mix of reward and punishment
8. Transformational leadership
– Leaders inspire them to a vision
– Cultivate followership rather than paying for it or punishing non-compliance
9. Leader-member exchange theory
– Leadership is fair exchange between leader and member.
– However exchange creates an in and out group that lowers performance and retention.
-Leaders mustn’t alienate people.
10. Servant leadership theory
– Leader asks “How may I help you?”
– Creates trust, cooperation, reciprocal service and higher performance.
– Started from Jesus. People follow out of love and gratitude rather than out of compulsion or fear.