Jeremiah Walton BUSI DB1.docx

Jeremiah Walton BUSI DB1.docx - Jeremiah Walton...

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Jeremiah Walton BUSI 310 Dr. Hernandez Friday, October 8, 2017 Melissa Cowdrey Melissa, In this discussion on transformational and transactional leadership in the business fascinating. Most companies say that they are transforming and seem to be everywhere. When we look into those companies deeply, we find that the success stories are scarce. During a study, they found that the most leading transformations are by creating new offerings, business models into new growth markets and companies share common strategies. Hoy and Miskel (2005) state that leadership and traditional (transactional) models inhibit change, whereas transformational leadership uses resources and relationships as a model for leaders in these companies. Transformational leadership is a social process that a member of a group or organization that influence the internal and external events of a goal or desired outcome. A transformational leader is more efficient to motivate their followers and to strive for excellence without the use of authority, by inspiring them through thinking and passion. A transactional
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