Ad
related to: importance of transactional leadership
Search results
Results From The WOW.Com Content Network
Transactional leadership (or transactional management) is a type of leadership style that focuses on the exchange of skills, knowledge, resources, or effort between leaders and their subordinates. This leadership style prioritizes individual interests and extrinsic motivation as means to obtain a desired outcome.
The term transactional leadership was introduced by Weber in 1947. [116] There are several forms of transactional leadership, the first being contingent reward, in which the leader outlines what the follower must do to be rewarded for the effort.
Transactional leadership presents a form of strategic leadership that is important for the organization's development. Transactional leadership is essential for team innovation. [citation needed] A strategic orientation encompasses the ability to link long-term ambitions with daily tasks. [20]
In transactional leadership, leaders promote compliance by followers through both rewards and punishments. Unlike transformational leaders, [4] those using the transactional approach are not looking to change the future, they aim to keep things the same. Transactional leaders pay attention to followers' work in order to find faults and deviations.
In 1985, transformational leadership had become more defined and developed, and leaders known to use this style possessed the following traits: idealized influences, productive commitment, and inspirational motivation. Transformational leadership made transactional leadership more effective. [9]
A transactional leadership practice is defined by its "trans-actors" who "enact new and unfolding meanings in on-going trans-actions." [47] Actors operating "together-at-once" in a transaction is contrasted with the older model of leadership defined by the practices of actors operating in self-actional or inter-actional way. In the former ...
Burns's Leadership (1978) founded the field of leadership studies, introducing two types of leadership: transactional leadership, in which leaders focus on the relationship between the leader and follower, and transformational leadership, in which leaders focus on the beliefs, needs, and values of their followers. [18] Excerpts:
The research concluded that there is no single "best" style of leadership, and thus led to the creation of the situational leadership theory, which essentially argues that leaders should engage in a healthy dose of both task-oriented and relationship-oriented leadership fit for the situation, and the people being led.