What is transactional leadership in business?
An example of an AI chatbot conversation about transactional leadership in business.
What is transactional leadership in business?
Transactional leadership is a style where leaders promote compliance through rewards and punishments.
Can you give me some examples of transactional leadership in action?
Sure! A sales manager offering bonuses for meeting targets is a classic example of transactional leadership.
What are the advantages and disadvantages of this leadership style?
Advantages include clear structure and motivation, while disadvantages may involve lack of creativity and flexibility.
How does it compare to transformational leadership?
Transactional leadership focuses on routine and performance, while transformational leadership inspires and motivates change.
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