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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of Transformational Leadership & Transactional Leadership “Leadership without perspective and point of view isn’t leadership-and of course it must be your own perspective‚ your own point of view. You cannot borrow a point of view any more than you can borrow someone else’s eyes. It must be authentic‚ and if it is‚ it will be original‚ because you are original”. (Bennis‚ 1992‚ p.122) Introduction This paper assesses two popular leadership theories: Transformational Leadership & Transactional Leadership
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Transformational versus Transactional Leadership Leadership and Team Development-Fall 2011 Abstract This research paper addresses various aspects of transformational and transactional leadership styles. It mainly presents a comparative overview of these leadership styles. Further‚ it talks about an example of each transformational and transactional leadership in real-world. This leads to mentioning various applications that each leadership style finds in today’s business. Analysis of strengths
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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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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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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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Meg Whitman‚ CEO of the internet auction site eBay‚ displays several traits of both charismatic and transformational leadership. Whitman moved from a tightly structured‚ traditional button-down corporate environment at Hasbro ’s Playskool division into the T-shirt and jeans atmosphere of an internet start-up company without missing a beat. In doing so‚ she illustrated that sometimes it is more important to have a vision and the willingness to commit to that vision than to have targeted knowledge
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Ingvar Kamprad and IKEA 1. What do you think was the main reasons for IKEA’s success in Sweden and other Scandinav countries in the period up to 1973? To begin with we have to resituate the context; we are now in the post war boom era when a lot of industries on both sides‚ even in Germany‚ developed substantially and very rapidly. We are now in a wealthier and reborn Europe. As a result new needs started to appear; back in those days‚ it was for example customary to hand down custom-made furniture
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Transactional Leaders‚ Transformational Leaders‚ and Emotional Intelligence The difference between transactional and transformational leaders lies in their process of motivating followers. Transactional leaders begin with established goals or directives of their company and motivate employees to pursue these directives by “clarifying role and task requirements” (Robbins‚ 2005: 367) through rewards or intervention if standards are not met. Basically‚ they employ a hands-off management style‚ but
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DigitalCommons@University of Nebraska - Lincoln Leadership Institute Faculty Publications Leadership Institute 1-1-2010 Emotional Intelligence and Transformational and Transactional Leadership: A Meta-Analysis Peter D. Harms University of Nebraska - Lincoln‚ pharms2@Unl.edu Marcus Credé State University of New York at Albany Harms‚ Peter D. and Credé‚ Marcus‚ "Emotional Intelligence and Transformational and Transactional Leadership: A Meta-Analysis" (2010). Leadership Institute Faculty Publications
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