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Transformational vs transactional leadership because

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Transformational vs. transactional leadershipBecause transformational and transactional leadership are often confused, it isimportant to differentiate between these two very different leadership styles.Transactional leadership focuses on compliance through the withholding andproviding of benefits and rewards.Transactional and transformational leadership differ in that transformational leadersfocus on intellectual stimulation, idealized influence, inspirational motivation andindividual consideration. Transactional leaders look at the short-term by offeringrewards for certain behaviors rather than inspiring overall change. Those followingthis style of leadership may also micro-manage to ensure their standards are met.Leading with an inspired visionFor transformational leadership to be effective, you must have a clear andinspirational vision of your team’s future. This vision should outline the purpose ofthe organization as it is relevant to the business and its mission as a whole. Yourpurpose may incorporate some of thecore valuesof those you lead, as well as theircapabilities.Once you have identified and defined your purpose, you can help others determinehow they can contribute to your vision for the organization.OKRs, or “opportunitiesand key results” can be a helpful framework to use when setting goals for yourteam.Motivating your teamEven with the most inspirational purpose, you still need those around you to believein it enough to find common motivation. To gain their trust in your ability to lead,you must appeal to the values of your team members. Keep the purpose fresh intheir minds by connecting it to goals, talking about it often and finding wayseveryone can meaningfully contribute to it. Every individual has needs that shapehow they interact with others and complete tasks. A transformational leaderrequires strong self-actualization and self-esteem to inspire others to change.Focus on the big pictureA transformational leader is more likely to look at the larger picture, rather than getstuck on small details along the way. To succeed as a transformational leader, trustthat those you are leading to work independently on delegated tasks withoutrequiring constant supervision is crucial. Transformational leaders spend more timereviewing the mission and values of their organization, while the team they leadtackles smaller tasks that help them achieve the goals they’ve set.Characteristics of transformational leadersSome of the most commoncharacter traitsamong successful transformationalleaders include mutual respect, organizational skills, creativity, responsibility andintegrity. It is vital to intellectually challenge those you lead, consider each of theirindividual ideas carefully, motivate them and serve as a positive role model. Forexample, you should be willing to do whatever it is you require of your team.
Related:15 Leadership Qualities That Make a Great LeaderComparing transformational leadership to other leadership styles

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Term
Summer
Professor
Stephanie Phillips
Tags
great leader

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