When you finish studying the material in this chapter, you should be able to:
- Define the term leadership, and explain the difference between leading and managing.
- Review trait theory research and the takeaways from this theoretical perspective.
- Explain behavioral styles theory and its takeaways.
- Explain, according to Fiedler's contingency model, how leadership style interacts with situational control, and discuss the takeaways from this model.
- Discuss House's revised path–goal theory, and its practical takeaways.
- Describe the difference between laissez-faire, transactional, and transformational leadership.
- Discuss how transformational leadership transforms followers and work groups.
- Explain the leader–member exchange model of leadership and the concept of shared leadership.
- Review the Level 5 model of leadership and the principles of servant leadership.
- Describe the follower's role in the leadership process.
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