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It's helpful to consider your own skills, your corporate culture and your company's needs when determining if a transactional leadership style is best for you and your company. In this article, we discuss what transactional leadership is and the pros and cons of implementing it at your company.
1. It can effectively motivate team members to maximize productivity. People stay employed because there is a reward in doing so that they find to be valuable. Workers might be passionate about what it is they do. They might enjoy working for a company that can positively influence the lives of others.
What is a transactional leader? Learn about the transactional leadership style, its pros and cons, and whether or not this style of leadership is for you.
Learn about transactional leadership, including its pros and cons, better alternatives, and what you can do to prevent its limitations.
Transactional Leadership: Pros and Cons. Transactional leadership can be useful for achieving goals and generating positive outcomes especially in the sales industry. The pros of transactional leadership include: Clearly defined metrics for success, employee expectations, and job roles.
What are the Pros and Cons of Transactional Leadership? As with all leadership styles, there are advantages and disadvantages associated with transactional leadership as well. There is an infographic summary at the end of this chapter for reference.
List of Advantages of Transactional Leadership. 1. Employee Motivation. Based on reward and punishment, this leadership style is effective in motivating employees in becoming productive and efficient members of the team. These are because of two reasons.
Transactional leadership advantages: the good. Transactional leadership disadvantages: the bad. When transactional leadership gone wrong: the ugly. Transactional leadership examples. What's your leadership style? If you're not sure or want to learn more about it, download this guide. What is Transactional Leadership?
A leader who employs a transactional leadership style believes in granting rewards based on employee performance. They function in a heavily structured environment that encourages employees to achieve their best through rules and regulation.
1. Clear Expectations and Defined Roles. One of the main pros of transactional leadership is the establishment of clear expectations and well-defined roles. Transactional leaders provide detailed instructions and set clear goals, ensuring employees understand exactly what is expected.