Transformational Leadership

What is transformational leadership?

The transformational leadership style is where a leader leads by example and inspires people to follow the values and beliefs they believe in. This is where charismatic and enthusiastic leader showcases their talents and passions to inspire the team into doing things that are going to help the organization fulfil its required agendas.

What are the four elements of transformational leadership?

The four elements that make up an effective transformational leadership are:

• Idealized influence: is a role model leader, an example to live by.
• inspirational motivation: motivates the people to align with the vision of the company.
• intellectual stimulation: channels everyone's innovative streaks and create work into creating something absolutely amazing.
• individual consideration: Acts as a coach or mentor to the team always providing them with uninterrupted support and push.

What is an example of transformational leadership?

We can see transformational leadership in action through leaders like:

• Jeff Bezos
• Henry Ford
• Bill Gates
• John D Rockefeller
• Ross Perot
• Reed Hastings

What are the characteristics of transformational leadership?

Some common characteristics in leaders who follow the transformational leadership style are:

1. Innovative and driven by creativity
2. Strong beliefs
3. Have a clear vision
4. Believe in people-first
5. Charismatic and enthusiastic
6. Risk-takers
7. Story tellers

What is the difference between transactional and transformational leadership?

Following transactional leadership, leaders would follow the rewards and punishment method for motivating employees. In this the leader would demand for the employee’s performance for their own self-interest.

On the other hand, transformational leadership is the kind where the leader would nurture and guide the employees towards a common goal by inspiring them to do better.