Great Leader Write name of leader Why Strategic

Great Leader • Write name of leader • Why Strategic Mgmt- Coalitions Chapter 9

Transformational vs. Transactional Leadership • Transactional • Accepts Organizational Goals • Uses Extrinsic Motivators • Takes Action • Transformational • Sets New Goals & Direction • Uses Intrinsic Motivators • Creates Meaning Strategic Mgmt- Coalitions Chapter 9

Crimson Tide • Gene Hackman Transactional • Denzel Washington Transformational Strategic Mgmt- Coalitions Chapter 9

Management By Objectives (MBO) • Establish / Communicate Org Objectives • Set Individual Objectives • Clear, specific, challenging • Difficult goals stimulate effort / commitment • Develop Action Plan • List specific actions, dates, people, results • Develop contingency plans • Review Performance Strategic Mgmt- Coalitions Chapter 9

Four Steps to Writing Clear, Specific, Challenging Goals • 1. Begin with action verb preceded by “to. ” • To sell, to build, to increase, to learn, to improve, etc • 2. Identify key result area that is the performance target • reports, inventory, attendance, customer service. • 3. State performance indicator or measurement standard • percentages, monetary units, average time/task. • 4. Provide time frame by which the result will be produced • by Friday noon, end of quarter • Example: To read each chapter of my text the day before class Strategic Mgmt- Coalitions Chapter 9

9. 9 Hofstede’s International Cultural Dimensions 1. 2. 3. 4. 5. Power distance Uncertainty avoidance Individualism—collectivism Masculinity—femininity Long-term orientation Strategic Mgmt- Coalitions Chapter 9

Coalition • Group who bond together to pursue a common interest and gain power Strategic Mgmt- Coalitions Chapter 9

Voting Power of Coalitions • • Power obtained when two or more members of a society systematically pool their votes to pursue a common interest Examples • • Sisters pooled tv votes Businesses / others form PACs Politicians vote as blocs UN Security Council votes on Iraq Strategic Mgmt- Coalitions Chapter 9

Coalition Voting Power • [a; v 1, v 2, v 3, . . . Vn] • • • A = votes needed to win V = voting bloc To calculate power, put voting blocs in all possible voting orders, underline the bloc that occurs chronologically equal to the votes necessary to win, calculate the percentage of times each bloc is underlined • T. V. example • Before sisters voted as bloc [2; 1 n, 1 t, 1 d] = 33. 3% • After sisters formed bloc [2; 2 nt, 1 d], [2: 1 d, 2 nt] = 100% Strategic Mgmt- Coalitions Chapter 9

Bakersfield City Council • www. bakersfieldcity. us/administration/mayor_council/ index. htm Strategic Mgmt- Coalitions Chapter 9

Coalition Voting Power – cont. • For each coalition, calculate voting power of each voting bloc in Bakersfield City Council (Members are: Irma, Sue, Jacquie, Mike, David, Zack, Harold) • • • 7 members – no coalitions Irma and Sue form coalition Jacquie joins Irma and Sue Mike joins Irma, Sue, and Jacquie Mike leaves / starts 2 nd coalition with David Zack joins 2 nd coalition Strategic Mgmt- Coalitions Chapter 9