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Title: Transformation Vs Transactional Leadership

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Subject: History
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Date: September 14, 2004
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Length: 3 / 643
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It is about coping with change. A leader is faced with many challenges, particularly in complex, rapidly changing environments. This means more than just sustaining a competitive advantage and strengthening profitability; it also means establishing ethical standards, ensuring the organisation is fostering a safe and equitable work environment, as well as attending to civic responsibilities...

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The primary objective is to ensure that subordinate behaviour is consistent with overall organisational goals. There are four dimensions of transactional leadership. ? Contingent Rewards: Leaders provide a variety of rewards in exchange for mutually agreed upon goal achievement. ? Active Management by exception: Leaders take corrective action for any deviation from rules and standards...

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