Thursday, January 31, 2008

Theories of Leadership


Trait Theory
Leaders are able to lead effectively because of the personality traits they possess. Some of the traits are: charisma, intelligence, insight, confidence, influence, and business knowledge.
Equity Theory
Leaders motivate employees to work because they let their employees know their efforts will be rewarded fairly. Rewards can be adequate pay, benefits, perks, or even just compliments for doing well.
Behavioral Theory
Leaders combine reaching specific goals with building relationships with staff members. They focus on the tasks that must be achieved while considering the traits of the employees who need to achieve the goal.
Contingency Theory
Leaders adjust to each situation. Some leaders have better personalities to handle specific situations.

Situational Theory
Leaders adjust to the needs of the employees by providing sufficient support and direction for individual employees or groups of employees.

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