Monday, January 6, 2020

The Relationship Between Transactional And...

There are two types of leadership: 1. Transactional a. Transactional leadership style concentrates on the tasks for which the employees are responsible. They clarify the employee’s role and task requirements and motivate them by providing them with both negative and positive rewards concerning performance. Transaction leadership focuses on: i. Setting goals. ii. Monitoring progress toward goal achievement. iii. Rewarding or punishing people concerning their achievement of goals. 2. Transformational a. Transformational leaders are more concerned with relationship building in order to motivate employees and bring about change in the organization. i. Engenders trust ii. Seeks to develop others iii. Exhibits self-sacrifice iv. Serve as moral agents concentrating on the long term, overall objectives rather than immediate goals (Kinicki Fugate, 2012). Concerning the cultures exhibited at the Target stores in the field study I chose, I would implement both Transactional and Transformational leadership styles. There definitely needs to be certain tasks clearly assigned with rewards for achieving those goals. Job descriptions are very important in the retail industry so that everyone knows what their responsibilities are. Having said that, Transformational leadership would concentrate on the overall long-range goal of the organization, which is to provide excellent customer service, to increase repeat business, thus increasing sales. The leadership of Target needs to instillShow MoreRelatedTransactional And Transformational Leadership : A Transformational Leader1149 Words   |  5 PagesTransactional and Transformational Leadership For this paper, we were asked if we saw ourselves as a transactional leader or a transformational leader. This was a tough question. 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