Transactional Leadership Leadership And Group Performance

Transactional Leadership Organizational leadership builds on traditional theories in order to form new and exciting directions. Transactional leadership is a traditional theory, which has been used as a platform to understand leadership and further develop techniques for higher organizational performance. The three components of transactional leadership help shape and define the style, but are not always strictly adhered to. There are many advantages and disadvantages of transformational leadership. Knowing how and when to apply this style will prove useful for most successful organizational leaders. President Dwight Eisenhower was a good example of how transactional leadership could be used successfully. Traditional View and Origin Transactional Leadership was first described by Max Weber in 1947 and re-described by Bernard Bass in 1981. Recognized a traditional leadership, it focuses on the role of supervision, organization and group performance. Transactional leaders use an exchange model; they promote compliance of followers through both rewards and punishments. Not looking to change the future, transactional leaders are trying to keep everything the same (Odumeru Ogbonna, 2013). Components of Transactional Leadership Transactional leadership is defined by different components: contingent reward, management by exception, and laissez-faire leadership. These components help define, but are not always prominent. Contingent reward describes the transactionShow MoreRelatedImportance Organizational Leadership Has on Companies Today1657 Words   |  7 Pagesreading an article about organizational leadership, I was more enlightened on the value and importance organizational leadership has on companies today. The article discussed the significance of organizational leadership and how leaders can motivate their followers to accomplish corporate objectives and help them realize their full potential. 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In accordance to issues such as social corporate responsibility and dealing with the change of organisational structure within a business entity both forms of leadership provide different characteristics to provide varying results in dealing with these issues. Transformational and transactional leadership are polar opposites when it comes to the underlyingRead MorePractice 3. Management And Employee Cooperation Are Very812 Words   |  4 Pagesimportant to the organization. The relationship that is fostered constructed through leadership theories may not work in all environments which are why the managers must use a style that works for the manager and the employee. The style that is used must foster a workplace environment that builds teamwork and build on the management of the team. Three theories of leadership that may be used are transa ctional, transformation, and contingency. 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