Essay: Leadership Styles Leadership Theories Northouse ) Notes

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Leadership Styles

Leadership Theories

Northouse (2006) notes that there are many different ways to finish this sentence "Leadership is…" He posits that there are just as many definitions of leadership as there are people who have tried to define it (2006).

It is much like the words democracy, love, and peace. Although each of us intuitively knows what he or she means by such words, the words can have different meanings for different people. As soon as we try to define leadership, we immediately discover that leadership has many different meanings (Northouse 2006).

While there are many definitions for leadership, there are many different styles of leadership and, of course, differing opinions on which styles of leadership are the most effective. This paper will not attempt to define leadership or delve into the myriad of styles, but will, rather, take a look at three different styles of leadership -- Level 5, Transactional, and Transformational -- all of which have proven to be very effective.

Executive A came to the job as CEO when the company was weak; the company was losing money (approximately $2 million a year) and its stock had gone down in value to about $23 a share. During Executive A's run as CEO, the stock rose 128% and the company profited after years of losing money. While the media believes that the CEO is the person responsible for the success of the printing company, Executive A has been very humble in accepting full responsibility, usually saying that it is the great leaders of the company that are the reasons for the company's success. Because Executive A is also able to accept responsibility for the mistakes that have been made as well as for all the reasons aforementioned, Executive A is exhibiting Level 5 leadership.

Level 5 leaders are confident individuals who are able to leave their positions as leaders with the next leader being set up for success. Level 5 leaders are also usually humble and are not attention seekers, arrogant, or in need of having media attention. They always give credit to others, which is exactly what Executive A has done.

Executive A has been unwavering in his determination to make the company a success. In part, Level 5 leaders must know talented individuals when they see them so they can use those employees' talents to aid in the success of the company. Level 5 leadership is "a combination of unique, counterintuitive quality of humility and unwavering perseverance" (Ronco & Ronco 2005). Jim Collins, author of the 2001 book, Good to great, says that "Level 5 leaders are a study in duality: modest and willful, humble and fearless" (2001). He then goes on to use Abraham Lincoln as an… [END OF PREVIEW]

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