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1.

SATISFACTION OF LEADERS
Discuss two satisfactions and two dissatisfactions of leaders with
examples?
Discuss four satisfactions of leaders with examples?
Leaders experience following seven sources of satisfaction.
I.
II.
III.
IV.
V.
VI.
VII.

A feeling of power and prestige


A feeling of being in on things
A chance to help others grow and develop
An opportunity to control money and other resources
Good Opportunities for Advancement
High income
Respect and status

I.

II.

A feeling of power and prestige


Being a leader automatically grants some power.
Prestige is forthcoming because many people think highly of people who
are leaders.
For Example: In some organizations, top level leaders are addressed as Mr.,
Mrs., or Ms., whereas lower ranking people are referred to by their
surnames.
Yet many leaders encourage others to call them by their first name.

A feeling of being in on things


A side benefit of being a leader is that leaders receive more inside
information.
For Example, as a manager leaders are invited to attend management
meetings.
In those meetings leaders are given information not passed along to
individual contributors such as plans for expansion or downsizing.

III.

A chance to help others grow and develop


Leaders work directly with people, often teaching them job skills, serving as
mentors and listening to personal problems.
For Example: Part of a leaders job is to help other people become
managers and leaders.

Chapter #1 The Nature and Importance of Leaders

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Leaders feel as much of people helper as do human resource managers or


counselors.
IV.

An opportunity to control money and other resources


Leaders help to prepare a department budget and authorize expenses even
though leaders cannot spend this money personally, knowing that leaders
judgment on financial matters is trusted does provide some satisfaction.
For Example: Many leaders in both private and public organizations control
annual budget of several million dollars.

V.

Good Opportunities for Advancement


Once become a leader, advancement opportunities increase.
For Example: Obtaining a leadership position is a vital first step for career
advancement in many organizations.
Staff or individual contributor positions help broaden a persons
professional experience, but most executives rise through a managerial
path.

VI.

High income
Leaders receive higher pay than team members, and executive leaders in
major business corporations typically earn several million dollars per year.
For Example: A handful of business executive receive compensation of over
$100 million per year.

VII.

Respect and status


Leaders frequently receive respect from group members.
Leaders enjoy a higher status than people who are not occupying a
leadership role.
Status accompanies being appointed to a leadership position on or off the
job.
When an individuals personal qualifications match the position, his or her
status is even higher.

Chapter #1 The Nature and Importance of Leaders

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