Yuan Ye (Carol) IBT07148 Transactional and Transformational Leadership [pic][pic] To: Nour Akalay Management June ‚ 2008 Transactional and Transformational Leadership Leadership has been an important topic in the social sciences for many years. Recently‚ renewed interest in the concept of leadership has been aroused. “The resurgence of interest in studying the topic of leadership appears to be accompanied by an acceptance of the distinction
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organizational context‚ leadership is one of the factors that determine the organizational competitiveness in global and local economy and leadership can be seen as the essential instrument in achieving the organization strategies and goals‚ the leaders must deal with the dynamic environment and also supported by follower who shows their commitment to the organizational. In facing the fierce
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INTRO TO BUSINESS – ASSIGNMENT Alicia Lee Mei Xian – 980915086444 Choose any leader and discuss the qualities that they have which has helped them in becoming a successful leader. (1000 words) Meg Whitman – CEO‚ Hewlett-Packard Margaret Cushing Whitman‚ or better known as Meg Whitman‚ is a philanthropist‚ political activist and corporate executive famously known as Chairman of the world renowned information technology company Hewlett-Packard (HP)‚ as well as President and Chief Executive
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Transactional leadership styles are more concerned with maintaining the normal flow of operations. Transactional leadership can be described as "keeping the ship afloat." Transactional leaders use disciplinary power and an array of incentives to motivate employees to perform at their best. A transactional leader generally does not look ahead in strategically guiding an organization to a position of market leadership; instead‚ these managers are solely concerned with making sure everything flows smoothly
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Contrasting Servant Leadership to Transactional Leadership Organizational Behavior and Management defines Transactional Leadership as being‚ “Helps the follower identify what must be done to accomplish the desired results (e.g.‚ better-quality output‚ more sales or services‚ reduced cost of production) and ensures that employees have the resources needed to complete the job‚ (Ivancevich‚ Konopaske‚ Matteson‚ p. 453).” Business dictionary defines transactional leader as a‚ “style of leadership that is based
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TRANSFORMATIONAL AND TRANSACTIONAL LEADERSHIP STYLE ABSTRACT In this global competitive environment‚ effective leadership style is necessary to reduce the attrition rate. From the effective leadership styles only it is possible to achieve organizational goal productively. This paper wanted to see the transformational and transactional leadership style. Where Transformational leadership can be categorized into Charisma‚ Inspiration‚ Intellectual Stimulation and Individualized Consideration. While
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Internet. In 1998‚ Pierre and his cofounder Jeff Skoll brought in Meg Whitman to sustain the success. Meg gathered her senior staff from the previous companies she worked at such as Pepsi Co. and Disney‚ and created an experienced management team with an average of 20 years of business experience. They built a strong vision for the company that eBay is a company that’s in the business of connecting people‚ not selling them things. Meg Whitman has achieved success as president and CEO of eBay‚ now the fastest-growing
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types of leadership styles‚ Transformational‚ transactional‚ and Charismatic. Transformational leadership style is a style of leadership in which the leader moves and changes things in a big way by communicating to followers a special vision of the future‚ tapping into the follower’s higher ideals and motives. Followers trust and respect transformational leaders because they have a strong vision for the future of the organisation. Some of the Core characteristics of transformational leadership are:
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I scored a total of 37 points on the Transactional or Transformational Leader Self-Assessment scale‚ which runs from 10 points (meaning leans more toward transactional leadership) to 50 points (meaning leans more toward transformational leader). This finding suggests that I exhibit slightly more transformational leadership qualities than transactional qualities‚ although I am somewhat balanced between the two types of leadership. As with similar assessments that were taken earlier in this course
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Transformational versus Transactional Leadership This document is intended to compare and contrasts Transformational and Transactional Leadership and discusses how they are used in management of organizations by managers. Before we can delve into the comparison or contrast‚ we first need to define what we mean by each of these terms we are comparing and contrasting. Transformational Leadership Defined This type of leadership can best be defined as a process in which "leaders and followers help
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