The concept and definition of leadership and style may differ from one person or organization to another. Different situations or occurrences may also determine or define leadership and style to people or an organization. The word "Leadership" has been used in several aspects of human endeavours such as politics, businesses, academics etc. Previously, people viewed leadership as a personal ability, hence the question, "Are leaders born or are leaders made". Messick and Kramer (2004) argued that the degree to which an individual exhibits leadership traits depends not only on his characteristics and personal abilities, but also on the characteristics of the situation and the environment in which he finds …show more content…
I will be utilizing the Transformational- Transactional leadership theories to carry out this analysis. Relevant issues/challenges will be highlighted and I will end this with my recommendations on which type of leader I think is best suitable.
2. REVIEW OF CURRENT ORGANIZATION I currently work in one of the major Finance industries in corporate America. It’s a global organization with its headquarters in Zurich Switzerland, employing over 60,000 people globally. It has offices in more than 50 countries in the world. This is a fairly large organization and the leadership styles vary across the regions and are also at times determined by these regions or environment.
The financial industry leadership framework sets out not just skills and competencies but also the personal characteristics and behaviours it expects from its leaders. My organization looks for people who are positive, confident and genuine, with the ability to inspire and encourage their teams. A key part of my company 's ' programme for building leaders is organising coaching sessions with experienced coaches who have distinguished themselves as admirable leaders in our industry and beyond . These sessions last for a period of 4 weeks were the coach understudies and guide the leader into ways of motivating and inspiring his team to achieving the organizations set goals and objectives. I work with the HR Business
Over the past twenty years, an abundant body of researches have been done to review transformational leadership and transactional leadership. Burn (1978) was the first person to introduce and conceptualize the concept of transformational leadership and transactional leadership. Bass (1985) based on Burn’s concept and deepen his notion with modifications, which stated that one of the best frameworks of leadership is transformational or transactional, but not opposing to each other. Followed by Bass and Avolio (1994), they provide the idea of these two leaderships and generalize them into the development of global economic world. Bass and Avolio (1997) also suggested that there was no need to view transformational and
Leadership can be defined as the process of identifying a goal, motivating others, and make them to achieve the mutually goals (Giltinane, 2013). According to Humphreys (2002), successful leaders do this by applying their leadership knowledge and skills. A good leadership is not only good at management, but also use different leadership styles in different situations. A successful corporation must has a good leader who have the flexible ability which can provide a suitable leadership to make the company successful. Furthermore, there have no perfect leadership styles in the world. Different leader have different leadership styles which also have the different strengths and weaknesses (Ali & Waqar, 2013). Leaders need to consider
Evaluate the role and effectiveness of transformational and transactional leadership in the organization. Support with examples.
When developing a template to assess which leadership styles are best suited to mitigate the effects of a decline in financial compensation, it is imperative to understand leadership theory. One of the first pioneers in leadership theory was Kurt Lewin. Kurt Lewin (1890–1947), was a prominent figure in psychology in his generation. He provided a solid foundation to the teachings of organizational development. In many circles he was known as the father of organizational development. He was best known for the development of field theory. Field theory was essential because it allowed business professionals to understand why undesirable behaviors was produced. It also taught how to bring about desirable behaviors. Field theory was developed in part because Lewin wanted to address organizational employee turnover.
A leadership philosophy helps to define and let others know what you expect, what things you value, and how you act as a leader. Different styles of leadership are needed for different situations. Every leader needs to know when and how to display a particular approach of leadership within a group. Leadership strategies define every leader’s personal leadership style. Three leadership styles of a counselor are the following: authoritarian style leaders, democratic style leaders, and laissez-faire style leaders.
Change is a basic part of life. Leaders, whether it be the CEO of the company or you, must anticipate forces that will cause changes, identify opportunities that will require changes, react to unforeseen events that make changes imperative, and work with others to overcome the predictable reactions to change, which almost always include some amount of resistance, often to a significant degree.
In the article, Curtis and O’Connell discuss the difference between transactional and transformational leadership. Transactional leadership is based on
Leaders can chose to use transformational leadership and transactional leadership independently or a combination of both to achieve defined
Transformational and transactional leadership are two leadership styles have been identified that offer profound influence on employee’ perceptions and behaviors toward management and determine followership (Mosely & Patrick, 2011). These styles are polar opposites and span cultural and organizational boundaries. At some point in their career a leader
The organization that I am apart of requires both transactional and transformational leadership skills and traits. Throughout the paper I have explained the effectiveness of leadership for the purpose of organizing and influencing followers in order to achieve organizational goal. The theories of transactional and transformational leadership expounds on the aforementioned by further “ explaining the
What is leadership? Merriam-Webster Online Dictionary defines leadership as “the power or ability to lead other people”. Although this is simply put, it is also correct. But leadership is much more than the ability to lead. The ability is one piece of the puzzle. Other pieces to consider in leadership are education, attributes, and style, just to name a few. In this assignment, I will focus on leadership style. Specifically, I will discuss my style according to the assessment developed by The University of Kent in the UK.
Over the past twenty years, an abundant body of researches have been done to review transformational leadership and transactional leadership. Burn (1978) was the first person to introduce and conceptualize the concept of transformational leadership and transactional leadership. Bass (1985) based on Burn’s concept and deepened his notion with modifications, which stated that one of the best frameworks of leadership is transformational or transactional. Following Bass and Avolio (1994, p. 4) provided the idea of these two leaderships and generalized them into the development of global economic world. Bass and Avolio (1997) also suggested that there was no need to view transformational and transactional leadership as
For this paper, we were asked if we saw ourselves as a transactional leader or a transformational leader. This was a tough question. When I held managerial positions, I would not have my worker do anything I would not do. I would work beside my workers and encourage them along with overseeing their work. Overall I feel I am a mixture of both leader styles. I will discuss why below.
Leadership is a concept most people feel informed enough to discuss, but that few are truly educated sufficiently to comment on. Therefore, it is instructive to consider the leadership styles of people with very different approaches both to better understand the diversity underlying leadership, as well as to appreciate the effective and less effective strategies that underlie different leadership outcomes. For that reason, this essay will consider the styles of two leaders who are less visible in this highly contentious presidential election season: Jill Stein (the Green Party nominee) and Gary Johnson, the Libertarian candidate. The leadership styles of both are very different, yet they are aligned in the sense that both are outsider candidates struggling to gain momentum from a disaffected electorate. This essay begins with a theoretical discussion of leadership more generally and then turns to the two leaders as case studies, comparing and contrasting them and drawing conclusions about how they both work within the same public sphere and for putatively similar ends (i.e., gaining votes).
In the case study, manager has resolved this through leadership styles of approaches in regards to the values and principles of an organisational behaviour used in the industry. According to (Stephen, 2006) a leader that engages the whole person’s paradigm of mind, body, spirit and heart get things done through people but not husbanding resources and technology. There are many definitions of leadership and each stresses the importance of a leader to influence and inspire subordinates. (Finkelman, 2012) stated that specifically defined leadership in clinical practices as “direct involvement in clinical care while constantly influencing others to improve the care they provide”. This leadership definition is relevant to the case study through the management approached to the scenario. Health care employees encounter stressful situations daily as their role involves dealing with human lives. To maintain the continuity and excellent services of this workforce, there has to be a leadership that understands their situation and provides a supportive role (Finkelman, 2012). Disability industry is no exception and in any case, needs better leadership as the health care of the clients depends on it and makes most decisions based on the recommendations from their management results. This means that disability industry does not need to get it wrong. This article explores critical analysis of transformational, managerial grid framework (nature of work),