Group 5

Nazia Fairuj Monisha (RH-17)

Ayman Rahman (ZR-29)
Tasmia Tabassum (RH-45)
Tasfia Binte Mahbub (RH-53)
“ I don‟t mind how much my ministers talk,
Shaadmaan Ahmed Siddiqui (ZR-58)
Rafi Ahmed (ZR-60)
as long as they do what I say ” Section A
BBA 21st
INTRODUCTION Given the name
The longest "Iron Lady”
serving British for her
Prime Minister uncompromising
of the 20th leadership style
First female to hold century
the position of Prime
Minister of UK
Died in London at
Implemented the age of 87 in
policies that have 2013
Held office from come to be known
1979 to 1990 as Thatcherism
 THATCHERISM
6 LEADERSHIP STYLES
Democratic
•“I shan't be pulling the levers there but I
Autocratic shall be a very good back-seat driver”
Charismatic • Her actions didn‟t match her words
Transformational • Unwilling to compromise
Transactional • Not really her style
Laissez-faire
 THATCHERISM
6 LEADERSHIP STYLES
Democratic • „Do as I say‟ approach
Autocratic • Complete intolerance of dissent
Charismatic • Less emphasis on group discussion
Transformational • Feared by others
Transactional • Yet, admired for her ability to get things
done
Laissez-faire
 THATCHERISM
6 LEADERSHIP STYLES
Democratic • Robust self confidence
Autocratic • Ability to articulate her strong vision
Charismatic • Was able to impose her charismatic
Transformational personal authority
• Encourage, influence and communicate with
Transactional
her followers
Laissez-faire
 THATCHERISM
6 LEADERSHIP STYLES
Democratic • It was her strong values, ideas, vision that
Autocratic defended British territory
Charismatic • Broke orthodox political ideals with the
Transformational essence of her politics, “Thatcherism”
• Posed challenge to both her domestic
Transactional
political rivals and international opponents
Laissez-faire
 THATCHERISM
6 LEADERSHIP STYLES
Democratic • Put emphasis on “strong relationship building”
Autocratic • Forged strong political alliances (e.g. Ronald
Reagan from USA)
Charismatic
• Formed relations based on reward-giving
Transformational approach
Transactional • When the relations became strained, reprimands
Laissez-faire were issued
 THATCHERISM
6 LEADERSHIP STYLES
Democratic
Autocratic
Charismatic
Never followed by the Iron Lady
Transformational
Transactional
Laissez-faire
 Becoming the Iron Lady

“A leader‟s effectiveness is Thatcher was confronted by a

based on the situation” male-dominated political sphere

She adapted her means to

She didn‟t sway from her beliefs
achieve the ends
Against Defeated predatory trade-unionists
Sold off government owned property
All Odds Reduced tax rates

But MOST importantly…

Revived the British tradition of individual initiative
and personal responsibility at a time of crisis
In Comparison With
One of Her
Contemporaries
 Margaret Thatcher Ronald Reagan
Role Clear and communicated with passion An extroverted communicator to the people and followers

Traits 1) Autocratic, directive 1) Autocratic but in a paternalistic manner

2) Strived for authority and power 2) Believed in individualism
3) Sometimes intolerant and impatient 3) Used his Hollywood popularity to publicize his
proposals

Results 1) Won the Falklands War 1) Confined communism in latin america

2) Increased flexibility of Labor Market 2) Expanded the war on drugs.
3) Increased prestige of the 3) Ended Cold War
British foreign policy
4) Empowered british women
Thatcherism (Based on Leadership Trait Theory)
Integrity

Thatcherism
Reputation Commitment to
and morale excellence
Most Notable Achievements
The Falklands war
Right to buy scheme
Supply side reforms and entrepreneurship
Foreign investment
Defeat of the trade unions
Privatizations and share ownerships
End of the cold war
CRITICISM: Recovering from stagflation
To achieve these ends, she had to
pose high interest rates
Pulled the british
economy through Which ultimately made the strong
high recession corporations stronger
and inflation
But ruined small mom-and-pop
enterprises
CRITICISM: Underutilizing Strong diplomacy

She did not use her diplomatic clout to

negotiate Hong Kong‟s independence
Warm relations with
China She did not use her NATO‟s position to bring
Strong diplomacy alleviated
Cold War politics
sanctions against USSR when USSR invaded
Afghanistan
Made Britain‟s voice heard
to the world Did not use her influence to stop USA
invade Grenada to topple an elected
communist leader
CRITICISM: Lacking clear vision and direction

Indecisive prior to joining ERM

Not setting a clear goal confused many

stakeholders

Eventually cost her the premiership

CRITICISM: Not learning from mistakes

Gradually got out of sync with her

electorates on how she dealt with them
Ignored polls showing her as least popular
prime minister
Rebutted questions aimed at her by referring
to her general election success rate
CRITICISM: Lacking interpersonal skills

Ruthlessly one sided policy making

Started losing the trust of people

Lost all her cabinet members from original

1979 cabinets through resignations
 1 Dominant trait: Autocratic leader

2 Exhibited other spectra of leadership

TAKEAWAYS Success and failures attributed from
3 her leadership style

One of the most illustrated woman leaders

4 from the 20th century