Question

1. What is leadership? And, explain in detail both transactional and transformational leaderships with some examples.

Answer 1

Leaders help make the best things happen to themselves and others. They set direction, create inspirational vision and create something new. Leadership is about mapping out where you need to "win" as a team or as an organization; and it's dynamic, exciting and inspirational.

An effective leader shall be a individual doing the following: Sets up an optimistic dream for the future.
Motivates and inspires people to get involved with the vision. Manages delivery of the vision. Coaches and creates a team, to fulfill the dream more effectively.

Leadership may be called transactional or transformational . The position of management, organization and group success is centered on the transactional leaders. They 're worried about the status quo and the move towards targets on a regular basis. Transformational leaders are seeking to boost followers' motivation and commitment by steering their actions toward a common vision. Although transactional leadership works within defined framework, structure, and target boundaries, transformation leadership questions the current state and is geared to change.

Transactional leadership promotes compliance with existing organizational goals and expectations of performance through oversight and using rewards and punishments. The transactional leaders are oriented towards tasks and outcomes. This approach adheres to the status quo and employs a type of management that pays close attention to how employees execute their tasks , particularly effective under strict time and resource constraints and in highly defined projects.

Transformational leadership focuses on increasing employee morale and commitment, and seeks to align self-sense with organizational values for employees. This style of leadership emphasizes leading by example so followers can identify with the vision and values of the leader. A proactive strategy focuses on workers' individual strengths and vulnerabilities and on improving their ability and dedication to organizational objectives, often by gaining their buy-in for decision taking.