What Is Transactional Leadership
Transactional leadership or transactional management is the part of one style of leadership that focuses on supervision organization or performance.
What is transactional leadership. Leaders who implement this style focus on specific tasks and use rewards and punishments to motivate followers. However transactional leadership doesn t focus on changing or improving the organization as a whole. The main goal of the follower is to obey the instructions of the leader. They are likely to command military operations manage large corporations or lead international projects that require rules and regulations to complete objectives on time or move people and supplies in an organized way.
There are also a few key assumptions associated with transactional leadership. Rewards and punishments are motivating for followers. Transactional leadership also known as managerial leadership is a leadership style where the executive relies on rewards and punishments to achieve optimal job performance from his or her subordinates. It is an integral part of the full range leadership model.
Transactional leadership is a style of leadership in which leaders promote compliance by followers through both rewards and punishments. Leaders who adopt this style rely on a system of rewards and punishment to motivate their followers. Transactional leadership emphasizes results stays within the existing structure of an organization and measures success according to that organization s system of rewards and penalties. It is focused on results efficiency and performance rather than people and relationships.
Characteristics of transactional leaders. The power of transactional leaders comes from their formal authority and responsibility in the organization. Every work completed comes with a prize. Transactional leaders hold the formal authority and positions of responsibility in an organization.
Transactional leadership is based on the transactions a give and take basis. Transactional leadership is built on a clear structure of reward and punishment for different performance. These leaders take initiative as long as there is mutual benefit in the exchange. Transactional leadership is often seen as the opposite of transformational leadership.
Instead it aims to hit short term and long term goals while maintaining a routine conformity and the status quo within the company. Transformational leader works along with followers by encouraging increasing the moral motivate. A transactional leader is someone who values order and structure. Transactional leadership also known as managerial leadership focuses on the role of supervision organization and group performance.