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Showing posts with the label Transactional Leadership

Leader, Leadership and Leadership Styles

According to Alan Keith of  Genentech  " Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen”. A leader is a person who influences a group of people towards a specific result. But how that person influences varies with the style of the leader. Leadership styles can range from the autocratic (“I’m going to tell you what to do”) to completely free reign (“You do it your way but get it right!”).  The easiest way to think of it, is in three main flavours. Leadership Styles Transactional Leadership Transactional leaders provide rewards if, and only if, people perform as they require and are believed by the leader to work hard enough! This leader wants to contract with you in detail to set the exact reward you will receive for an exact amount of effort. This leader is unlikely to want to change how things are done or to listen to your suggestions for improving things; just make sure the agreed performance goals are met