Idealized Influence On Leadership Assessment Answer
Key Topics
- TRANSACTIONAL AND TRANSFORMATIONAL LEADERSHIP STYLE
- Introduction
- Transformational Leadership
- Transformational Leadership sectors
- Strengths and Weaknesses of Transformational Leadership
- Application of Transformational Leadership
1.Explore the effect of the culture on leadership style. Does the transactional-transformational leadership paradigm transcend organizational and national boundaries?
2.Critically assess this leadership style and comment on which may be more superior.
3.Organizational leadership strategies in a developing economy.
4.Leadership effectiveness in Global Virtual Teams.
5.Transactional, transformational and laissez-faire leadership: A meta-analysis comparing women and men.
6.The relationship between charismatic leadership behaviors and organizational commitment.
TRANSACTIONAL AND TRANSFORMATIONAL LEADERSHIP STYLE
Introduction
In this paper, we have conducted research on the efficiency of both the transformation and transactional leadership. The research is conducted to evaluate the efficiency of both and make a decision regarding which leadership style is superior to the other. The paper has been covered the four different headings. The first heading has been discussed about the transformation leadership and its use in today's business context. On the other hand, another heading has been discussed the transactional leadership. This has been done to collect necessary information of each leadership style and make a comparison on the basis of collected data. Apart from this, comparative analysis is also performed to measure the efficiency of both and disclose which leadership style has enough potential of fulfilling today's leader needs and demands. This paper will prove very beneficial for a large number of target audiences. It is because this paper will help them to understand the efficiency of both transformation and transactional leadership and adopt the appropriate one in their day to day life. Generally, it is believed that each manager needs to play the leadership role at their workplaces. The knowledge of transformational and transactional leadership will help them to follow their skills and utilize them in a right direction.
Transformational Leadership
The transformational leadership is an effective approach that brings change in social and individual systems. On the other hand, Breevaart (2014) described the transformational leadership as an ability to get people to want to change, to improve and to be led. The transformational leadership includes evaluation of associates' motives, satisfying their needs, and valuing them. One of the famous transformational leadership examples is Sam Wilton who is the founder of Wal-Mart. He personally visited its stores across the country to meet with his associates and show their performance and dedication towards their assigned roles and responsibilities (Bealer, 2014).
Transformational Leadership sectors
The transformational leadership is based on four sectors. These sectors are following:
Idealized Influence: The first and foremost sector of transformational leadership is an idealized influence. It mainly explains managers who are working as a role model for their associates. The managers with idealized influence are respected and honored by their associates due to their effective leadership style (Birasnav, 2014). On the other hand, it can also be said that managers in this sector are recognized for better decision making.
Inspirational Motivation: Another sector that makes the transformational leadership popular among leaders is inspirational motivation. This sector of transformational leadership describes the manager who has capability of motivating the individuals to fulfill their commitments towards organizational goals and objectives. Furthermore, it is also said that the managers with inspirational motivation encourage teams to use their full capability to increase revenue and earn market growth for belonging firms.
Intellectual Stimulation: This sector defines managers who encourage creativity and innovation through challenging views and beliefs of a group (Delegach, 2017). The managers with intellectual stimulation are considered relevant for the promotion of critical thinking and problem-solving attitude.
Individual Consideration: This sector includes managers who behave as coaches and counselors to attain their specified goals that help both the organization as well as associates.
(Dvir, 2015)