What are the key differences between transformational and transactional leadership?

What are the key differences between transformational and transactional leadership?

Transformational leadership focuses on inspiring and motivating followers to achieve their full potential, while transactional leadership is based on a system of rewards and punishments to manage performance.

Can you give me examples of each leadership style?

Sure! An example of transformational leadership is a CEO who encourages innovation and personal growth among employees. In contrast, a transactional leader might be a manager who sets clear goals and rewards employees for meeting them.

Which style is more effective in today's workplace?

It often depends on the context. Transformational leadership is generally seen as more effective in dynamic environments that require change, while transactional leadership can be effective in stable settings where tasks are routine.

How can someone develop transformational leadership skills?

To develop transformational leadership skills, one can focus on improving communication, fostering a positive team culture, and encouraging creativity and innovation among team members.