Transactional Leadership Contents Introduction to Leadership Transactional Leadership
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Transactional Leadership
Contents Introduction to Leadership Transactional Leadership Factors Transactional Leadership Style and Assumption Implementation of Transactional Leadership Pros and Cons of Transactional Leadership Lookouts when using Transactional Leadership Style
Leadership – Definition “Leadership is a relational activity where an individual(s) guide(s) or direct(s) others (followers) to attain an objective or goal”
Leadership theories Trait theory Path-goal theory Skills theory Transformational theory Situational theory Transactional theory Contingency theory Servant leadership theory
Transactional leadership • Transactional leaders exchange things of value with subordinates to achieve their objective and goals. • Transactional leaders are influential because it is in the best interests of subordinates to do what the leader wants.
Transactional leadership Contingent reward + Management-byexception Expected outcomes Performance beyond expectations
Transactional Leadership concept Transactional Leadership occurs when one person tries to contact others for the purpose of exchanging valued things. The exchange of things can be anything – political or psychological. The parties concerned are conscious of the power resources and attitudes of the other. The purpose stands within the bargaining process and the relationship does not go beyond this. The goods that are exchanged are specific, tangible and calculable. Their relationship lasts only till needs of both leader and follower are satisfied.
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