1st day class in CEO SERIES

This is the first day of our CEO series class, September 14, 2016. I'm so excited to listen to CEO's experience and advice.

Today, there are so many new and interesting things I learn from our class. Our Professor discussed the ten of the best known leadership theories, and asked "What kind of a leader would you like to be?"

According to Dr. Kurt Lewin, there's nothing so practical as a good theory. To improve our ability to lead, below are the ten of the best known leadership theories in five minutes.

Image Credit: https://www.youtube.com/watch?v=XKUPDUDOBVo&list=PLXWdKqyVt7JCsSqNKaUXdjQndxONcJGC-

1)  The Great Man Theory:

        -  Good leaders are born, not made 
        -  Some have more leadership gift than others

2) The Trait Theory:

        -  Determined which traits needed to lead effectively

        -  Problem it's identified dozens of traits 

3) The Skills Theory:

        -  Practical skills needed rather than just general qualities of a leader

        -  There are 3 types of skills - technical skills in your field; people skills and 
                            conceptual skills

4) The Style Theory:

        -  Best known style-based theory is called "The Managerial Grid";

                     concern for people vs concern for performance

        -  Goal: people-friendly and uncompromising on performance. 

5) Situational Leadership theory:

        -  No "one-size-fits all" leadership

        -  Must adapt to situation, assume static 

6) The Contingency Theory:

        -  Situational leadership approach

        -  Situation is static and leader should adapt to it

        -  Effective leadership is contingent on matching the leader's style to the setting

7) Transactional Leadership:

        -  There's a reciprocity of behavior between the leader and the follower

        -  Leader's job is to find the right mix of rewards and punishments

8) Transformational Leadership:

        -  Leaders encourage, care and inspires them toward a vision

        -  Cultivating followership rather than paying for it or punishing non-compliance 

9) Leader-Member Exchange Theory:

        -  Basically about leadership is fair exchange between the leader and the member

        -  However, exchange creates an in and out group that lowers the performance 
                            and retention

        -  Leaders must not alienate people

10) Servant Leadership Theory:

        -  Leaders ask "How may I help you?"

        -  Leader creates an environment of trust, cooperation. reciprocal service and 

                          higher performance

        -  Started and much of Jesus's influence; that result of compassion, service 
                          and sacrifice

        -  People follow out of love and gratitude rather than out of compulsion or fear

For me, I rather be a good servant leader. A leader that focus on the need of others first before considering my own. When people know that I care about them; in return, they will trust me. Trust of people can be earned by the way you behave toward them. Trust conquers all - it is important especially when it comes to our relationship with our clients and customers as well as our employees. In addition, a good leader ensures the team morale remains high and they are motivated to perform well to achieve company objectives.

Image Credit: http://www.thoughts4.com/uploads/3/7/7/0/37709085/servant-copy_1.jpg

References:
https://www.youtube.com/watch?v=XKUPDUDOBVo&list=PLXWdKqyVt7JCsSqNKaUXdjQndxONcJGC-
https://sethtan.wordpress.com/2016/05/10/summary-ten-leadership-theories-in-five-minutes/