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Transactional leadership (or transactional management) is a type of leadership style that focuses on the exchange of skills, knowledge, resources, or effort between leaders and their subordinates. This leadership style prioritizes individual interests and extrinsic motivation as means to obtain a desired outcome.
A transactional leadership practice is defined by its "trans-actors" who "enact new and unfolding meanings in on-going trans-actions." [47] Actors operating "together-at-once" in a transaction is contrasted with the older model of leadership defined by the practices of actors operating in self-actional or inter-actional way. In the former ...
The Multifactor Leadership Questionnaire is the most popular way to identify leadership style. The 7th factor correlates with Laissez-faire leadership, while contingent reward and management by exception align with transactional management, and the last 4 describe transformational leaders.
A leadership style is a leader's method of providing direction, implementing plans, and motivating people. [1] Various authors have proposed identifying many different leadership styles as exhibited by leaders in the political, business or other fields.
"The schools of transactional philosophy and psychology represent a relatively new approach to the ancient and perennial problems of perceiving and knowing," writes Phillips in the introduction. [6] He adds that the current thinking at the time of his writing was one that denied the uniqueness and human dignity of all people.
The MLQ Self is composed of 36 items and was designed to assess how the leader perceives their own leadership behaviors. Psychometrics are not available for the MLQ Self as a stand-alone assessment of leadership styles. The MLQ Self measures transformational leadership, transactional leadership, and passive/avoidant behaviors.
A leadership style is a leader's way of providing direction, implementing plans, and motivating people. It is the result of the philosophy, personality, and experience of the leader. Rhetoric specialists have also developed models for understanding leadership. [111] Different situations call for different leadership styles.
Burns's Leadership (1978) founded the field of leadership studies, introducing two types of leadership: transactional leadership, in which leaders focus on the relationship between the leader and follower, and transformational leadership, in which leaders focus on the beliefs, needs, and values of their followers. [18] Excerpts: