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Theory and Practice of Transactional-Transformational Leadership

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Theory and Practice of Transactional-Transformational Leadership
Running head: THEORY AND PRACTICE OF TRANSACTIONAL-TRANSFORMATIO

Theory and Practice of Transactional-Transformational Leadership THEORY AND PRACTICE OF TRANSACTIONAL-TRANSFORMATIO
Abstract
This essay details the different behaviors characterized by the contemporary transactional and transformational leadership models. The specific behaviors of each model are reviewed and their corresponding relation to motivation of individuals and teams are assessed. Both leadership techniques are distinct however neither is mutually exclusive and a balance of both models is generally needed for the success of a business. THEORY AND PRACTICE OF TRANSACTIONAL-TRANSFORMATIO
Theory and Practice of Transactional-Transformational Leadership
Leadership and its various theories have been a topic of interest according to Robbins, DeCenzo and Coulter (2013) since people have been working in groups to accomplish common goals (p 310). Contemporary leadership theories include: leader-member exchange (LMX), transformational-transactional leadership, charismatic-visionary leadership and team leadership. This essay will assess the theory and practice of the transactional and transformational leadership models and how each relates to individuals, teams and their successes.
Transactional Leadership Businessdictionary.com (2013) defines transactional leadership as a “style of leadership that is based on the setting of clear objectives and goals for the followers as well as the use of either punishments or rewards in order to encourage compliance with these goals”. It is a model which uses a leader with a contingent reward system, rewarding his or her team/followers for desired performance.
Transactional leaders lead and manage by exception, taking corrective action when goals are not met and/or do not generally intervene until a problem is serious or brought to their attention. The behaviors engaged in by transactional leaders, managing by



References: BuisnessDictionary.com. (2013). Retrieved from http://www.businessdictionary.com/definition/. Ingram, D. (2013). Transformational leadership vs. transactional leadership definition. The Houston Chronicle. Retrieved from http://smallbusiness.chron.com/transformational-leadership-vs-transactional-leadership-definition-13834.html. Robbins, S.P., DeCenzo, D.A. & Coulter, M. (2013). Fundamentals of management. Upper Saddle River, NJ: Prentice Hall.

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