5. Leaders

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Dr. Nay Zin Latt's lecture notes for MMWAI, India

Transcript of 5. Leaders

Speaker

: Dr. Nay Zin Latt ChairmanBusiness Group Hotel Group.

Venue Date

: India : 10.10.10

Leader

A person who leads a group, organization or country.

It is consider how previous learning and experience influences the speed and accuracy with which a leader can assess the situation, and subsequently determine the most appropriate course of action.

Leadership

is ultimately about creating a way for people to contribute to making something extraordinary happen.

(5) Qualities.1. 2. 3. 4. 5. Transform values into action. visions into realities. obstacles into innovations. separateness into solidity. risks into rewards.

Without credibility

. You can not lead.

To be exercised :A. Model the way. B. inspire a shared vision. C. challenges the process. D. enable others to act. E. encourage the heart.

How do you think ?

What makes a great leader ? Are leaders are born or made ? Are there common traits that all leaders possess ? Can anyone become leader ? How smart are our leaders ?

John Adair

(1934)

ACL ( Action Centered Leadership ) model. Functional leadership.

Achieving task Building & Maintaining the team

Developing the individuals

Warren Bennis -

Dean of leadership guru

Management is the matter of efficiency Leadership is the matter of effectiveness

Between

Leaders &

Managers

is..

Well understanding the situation , able to overcoming & winning & surrendering

Geeks & Geezers

( 35 under & 70 above )

Peter Drucker

( Management Guru )

MOB - ( Management by objectives. ) The concept of the corporation The practice of management

Daniel Goleman

( EQ-man)

EQ emotional quotient IQ - intelligent quotient ( traditional EI - emotional intelligence DE - destructive emotion CE - constructive emotion

thinking intelligence )

John KotterThe leaders & Change

The heart of change What leaders really do Leading change The leadership factor Power and influence

See - Feel - Change Analyse - Think - Change

(manager) (leader)

Abraham Maslow ( The Belief Value Culture

motivation Man )

A Theory of Human Motivation Hierarchy Needs Theory

Douglas McGregorTheory X & Y Carrot & Stick approach.

David McClelland Human Motivation Personality The achievement Motive The achieving society.

Performance = Motivation x Efficiency x Situation

Tom Peters( The Revolutionary leadership guru ) Father leadership of modern corporations. (7) S The Hard S Strategy Structure System dominated management thinking. The Soft S Shared values Style of management Skills Staff.

TRANSFORMING

Inspirational leadership

Leadership with the headDoing the right thing

Leadership with the heart

TransformingInspiring the doing

Leadership with the feetGetting administrative things done

Leadership with the handsDoing things right

Transforming the way the leader leads

Their actions are consistent with their words. (Effectiveness of leadership action.)Carlos Ghson Toyota Motor.Sales in U.S market dropped (- ) 17% in Jan.. 2010 (- ) 9% Feb.. (+) 30% March ( incentive program ) CEO of Renault Motor & Nissan Motor.

Leadership action taken

Richard Branson

Virgin Blue airline.. ( budget air )

Are Leadership Styles Fixed?Higher Higher

Flexibility

High SelfMonitoring

Low-Self Monitoring

Lower

Self-Monitoring

Lower

Trait s ApproachLeaders are born made( Hitler , Stalin , Nepoleon ) ( Bill Gates , Warren Buffett )

Significant Change

( Effective leadership )

Objectivity Vs Perception Acceptance Vs Rejection Individual Vs Group performance Productivity Vs Satisfaction Right to say No .

Transactional leader(+) 5 + (-) 5 = 0 (work base )

( t Nzpf vkyff)

Accomplish tasks at hand, maintain relationship.

Transformational leader ..( t vkyf Nzpff)(+) 5 = 5 (result base ) Influence major changes, build commitments , result basedTransformational leaders create visions that inspire people. These visions present the potential to transform both followers and the society at large.

Decision MakingA leader s approach to decision-making and problem solving will depend on a number of factors and beyond the style of leadership demonstrated.

Programmed decision making. Non programmed decision making.

( things in order ) ( things not in order )

Leaders & Power

Power is not power over others. Power is just the ability to get things done effectively.

Personal power Positional power

Leaders do the Right Things Others do the Things Right

( Policy making , choice of work) ( Implementation )

Leaders & Knowledge.New world order is transforming knowledge into wisdom Without knowledge without leader.

Knowledge is knowing what to do right things through experiences and education Information can be overloaded, but never any knowledge overloaded

Leader Leadership Leading person

are not the same.

ie.. Actor Lu Min is leading person. Director Mee Pwa the is leader of the film. leading note, leading edge, leading light, leading question

All leaders are of course, leading persons but All of leading persons can not be leaders.

- Planning - Organizing - Controlling - Directing

-

Change Inspiration Motivation Influence

( Virgin Blue airline Richard Branson ) ( Nissan-Renault - Carlos Ghson )

Followers

Managers

( New Model )

Followersie cow herd

Managers

( Old Model )

Leader characteristics and traits Internal and external environment Leader behavior and style Leader behavior and style

Group member characteristics

Problem Type Innovative Risk

Adaptive

Routine

Solution Type

Power SourcesLegitimate

Referent power

Power

Reward power

Coercive power

Expert power

-

The Intuitive Approach The Incidental Approach The Retrospective Approach The Prospective Approach

( from intuition ) ( learn from mistakes) ( reviewing ) (brain storming )

Warren Buffett

Victor or Victim Eye on the long term Dealing with your mistakes

I make plenty of mistakes and I ll make plenty more mistakes, too. That s part of the game. You ve just got to make sure that the right things overcome the wrong ones

SycophantsWhen you become a leader, you must be well convinced on following question.

Are they an asset or liability ? Those of guys will say always Yes

Tips

You can not make a good deal with a bad person. It is easier to stay out of trouble than it is to get out of trouble. It takes twenty years to build a reputation and five minutes to lose it. If you think about that, you will do things differently. It is not necessary to do extraordinary things to get extraordinary results. Wishful thinking

Tips

Someone is sitting in the shade today because someone planted a tree a long time ago. Durable competitive advantage. You ve to think for yourself. How high IQ people mindlessly imitate to get success. Learn from your experiences, learn too from others experiences. If we can not find things within our circle of competence, we don t expand the circle. We should wait.

Tips

What we learn from history is that people didnt learn from history. No matter how great the talent or effort, some things just take time : you can not produce a baby in one month by getting nine women pregnant. Risk comes from not knowing what you are doing. Accounting is the language of business.

Be smart

.

Most of theories come from 1st countries. Youre in 3rd countries. Theories will give you fundamental concepts. Youve to modify it. You cant escape from theories but You need to be SMART. This is all about of leadership & Management.

amboco@baganmail.net.mm amboco@gmail.comDr. Nay Zin Latt