Transactional, Transformational, Servant or Level 5 Leaders? Group 10 Naveen FT153066 Robin George FT153106 Sumit Arora FT153107 Survesh Chauhan FT153047 Vivek S FT153113
Aditya Agarwal FT153089 Apurv Mittal FT153025 Deepanshoo FT153065 Gagandeep - FT153114 Mukesh Shah FT153090 Transactional Leadership: Definition Transactional" motivation by exchanging rewards for performance.
Focuses on the role of supervision, organization and group performance.
Sets clear objectives and goals for the followers
Uses either punishments or rewards in order to encourage compliance with set goals.
Solely concerned with making sure everything flows smoothly on a day by day basis.
Transactional Leadership: Basic Assumptions People perform their best when the chain of command is definite and clear.
Workers are motivated by rewards and punishments.
Obeying the instructions and commands of the leader is the primary goal.
Subordinates are carefully monitored to ensure that expectations are met.
Leadership is based on a system of rewards and punishments.
Transactional Leadership: How it works Rewards and punishments are contingent upon the performance of the followers.
You give me something for something in return.
Rules, procedures and standards are essential.
Followers are not encouraged to be creative or to find new solutions to problems.
Tends to be most effective in situations where problems are simple and clearly- defined.
However in other situations, it may prevent both leaders and followers from achieving their full potential.
Transactional Leadership: Applications Front-line supervisors of minimum-wage employees.
Example:- Shift supervisors at a fast food restaurant will be much more effective if they are concerned with ensuring all of the various stations run smoothly, rather than spending their time thinking up better ways to serve hamburgers.
Another example is coaches of athletic/sports teams.
Examples of people who implemented transactional leadership Joseph McCarthy, Charles DeGaulle. Transactional Leadership: Advantages Address small operational details quickly.
Handles all the details that come together to build a strong reputation in the marketplace.
Keeps employees productive on the front line. Transactional Leadership: Disadvantages Motivation - Only exceptionally good performance is rewarded, and mistakes are corrected through punishment.
Rigidity - Uses formal authority to instruct others on what to do, and is unwilling to consider anything other than the traditional organizational hierarchy.
Blame - Quick to blame the employee when things go wrong.
Reliance on the Leader - Must always be present to guarantee that the work will get done properly. Who coined the term Transformational Leadership?
Introduced: 1978 by James MacGregor Burns Built upon: 1985, Bernard M. Bass Bass and Bruce Avolio (early 1990s): Developed "The full range of leadership." model. Full Leadership Model: stages at the passage between Transactional and Transformational leadership. Transformational Leadership "Transformational leadership is a leadership approach that is defined as leadership that creates valuable and positive change in the followers. A transformational leader focuses on "transforming" others to help each other, to look out for each other, to be encouraging and harmonious, and to look out for the organization as a whole. In this leadership, the leader enhances the motivation, morale and performance of his follower group."
Components of Transformational Leadership :
Idealized Influence (also known as Charismatic Leadership) Inspirational Motivation Intellectual Stimulation Individualized Consideration
Characteristics
They identify themselves as change agents They are courageous They believe in people They are value driven They are life long learners They have the ability to deal with complexity ,ambiguity and uncertainty. They are visionaries
ALEXANDER Why Servant-Leadership? Adapted from The Servant as Leader: The servant-leader is servant first It begins with the natural feeling that one wants to serve, to serve first. Then conscious choice brings one to aspire to lead. That person is sharply different from one who is leader first The best test, and difficult to administer, is: Do those served grow as persons? Do they, while being served, become healthier, wiser, freer, more autonomous, more likely themselves to become servants? And, what is the effect on the least privileged in society? Will they benefit or at least not be further deprived?"
Characteristics Listening Empathy Healing Awareness Persuasion Conceptualization Foresight Stewardship Commitment to the Growth of People Building Community
Characteristic Breakout Servant Leader Listening
Empathy
Healing Stewardship
Commitment to People
Building Community Awareness
Persuasion
Conceptualization
Foresight Organization Hierarchy Labor Management Commander CEO CIO Operations Development CFO Accounting Finance Traditional CxO CEO CxO First Among Equals Shareholders Management Staff Staff Management Shareholders Flipped Pyramid Organizations Fortunes 100 Best Companies to Work For: 1/3 of Top 35 10 of Americas Most Admired Companies
Individuals Mahatma Gandhi Jesus of Nazareth Martin Luther King, Jr. Mother Theresa Reference Reference: http://smallbusiness.chron.com/transformational-leadership-vs-transactional-leadership- definition-13834.html Articles: CASTRO, C.B.; PERIAN, M.M.V.; BUENO, J.C.C. (2008). Transformational leadership and followers attitudes: the mediating role of psychological empowerment. The International Journal of Human Resource Management, 19(10): 1842-1863. http://dx.doi.org/10.1080/09585190802324601
COOPER-HAKIM, A.; VISWESVARAN, C. (2005). The construct of work commitment: Testing an integrative framework. Psychological Bulletin, 131(2): 241-259. http://dx.doi.org/10.1037/0033-2909.131.2.241 Transformational versus servant leadership: a difference in leader focus-by A. Gregory Stone
Transformational Leaders to Servant Leaders versus Level 4 Leaders to Level 5 LeadersThe Move from Good to Great Kathleen Patterson, Timothy A. O. Redmer, and A. Gregory Stone Regent University