In: Operations Management
Respond to the Discussion Questions
4. Describe how Jeff Bezos fits the description of a Transformational Leader.
5. Describe why/how leaders benefit from a transformational approach.
3) Transformational leaders are those who believe in motivating, inspiring, and encouraging employees so that they can inculcate change and bring new innovation in the company which can ultimately shape and grows the company. Jeff Bezos is one such leader who believes in a transformational leadership style. The reason which makes Jeff Bezos a transformational leader are:
4) As transformational leaders give so much importance to their employees and customer, they tend to retain both the customers and employees for a longer period of time. This is how they gain loyal customers and hardworking and happy employees. Happy employees mean lower turnover rate and it saves a lot of money for the company.
It is necessary for the company to change with time as the business environment changes with time and we also experience disruptive technologies every 5-10 years. So change is the only constant and transformational leaders believe in changes. They are always open to changes and never take a step back when it comes to bringing change in the company. Continuously changing and innovating help the company grows and transformational leaders have their part in this.
Transformational leader believes in motivating employees and they keep them encouraged and motivated. A motivated and enthusiastic employee gives an excellent result and helps the company to grow. That is how the leader obtain positive result by providing the employees what they want at the right time.