Transactional leadership is a structured system based on incentives and rewards. The advantage to this is that employees are willing to work harder to earn those rewards.
transactional leadership style
transactional leader
what is difference between charismatic and transactional leadership
transactional leadership
The Multifactor Leadership Questionnaire (MLQ) assesses leadership styles through questions related to transformational leadership, transactional leadership, and passive-avoidant leadership. Some sample questions include "My leader inspires me with a vision for the future" for transformational leadership, "My leader establishes clear goals for the team to achieve" for transactional leadership, and "My leader avoids getting involved in conflict situations" for passive-avoidant leadership.
Its principles are to motivate by the exchange process. Transactional behavior focuses on the accomplishment of tasks and good worker relationships in exchange for desirable rewards.
A notable example of a female transactional leader is Indra Nooyi, the former CEO of PepsiCo. She is known for her focus on performance metrics, strategic planning, and operational efficiency, which are hallmarks of transactional leadership. Under her direction, Nooyi implemented a results-oriented culture that emphasized accountability and rewards based on performance, leading to significant growth for the company. Her leadership style effectively balanced organizational goals with employee incentives, showcasing the principles of transactional leadership.
The pros and cons of leadership depend on the principle used. The pros of transactional leadership included motivating people through rewards. The con of this approach is that it doesn't promote initiative and creativity.
Transformational leadership is a leadership when one or more persons engage with others in such a way that leaders and followers raise one another to higher levels of motivation and morality.
Charles De Gaulle was a transactional leader, he dealt with reward and punishment.
Transactional
Army leadership styles include transformational, transactional, and servant leadership. Transformational leaders inspire and motivate their troops to achieve a common vision, fostering innovation and change. Transactional leaders focus on structure and results through clear rewards and consequences, ensuring tasks are completed efficiently. Servant leadership emphasizes the well-being and development of soldiers, prioritizing their needs and promoting a supportive environment.