transactional leadership focuses on clarifying employees’ roles and task requirements and providing rewards and punishments contingent on performance.
What is transactional leadership?
- The aspect of one leadership style that prioritizes organization, performance, and supervision is known as transactional leadership or transactional management.
- It is a crucial component of the Full Range Leadership Model. During the Industrial Revolution, this style of management emerged as a means of gaining a competitive edge. This form of management frequently employs strategies, efficiency objectives, economies of scale, and quality differentiation. Transactional managers prioritize tasks and objectives that are performance-related.
- Through both rewards and penalties, leaders who practice transactional leadership encourage followers' compliance. Transactional leaders can maintain followers' motivation in the short term by using a system of incentives and penalties.
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