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15 Cards in this Set
- Front
- Back
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Transactional Leaders vs Transformational Leaders |
Transactional leaders "manage" and take on a transactional approach to incentivize performance WHILE Transformational Leaders "lead" and have a vision to reduce employees uncertainty |
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Transformational Leaders |
Leaders who inspire their followers to commit to a shared vision that provides meaning to their work |
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Transformational Leadership |
Leadership that takes on a motivational approach by inspiring change and achieving a vision |
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vision |
an image of your future so inspiring that it compels you to overcome any barrier to reach it |
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Vision Statement |
the vision statement should describe where the organization is going or how its future is imagined |
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4 Dimensions of Transformational Leadership |
1. Idealized Influence 2. Inspirational Motivation 3.intellectual Stimulation 4.Individualized Consideration |
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Idealized Influence |
behaving in ways that earn the admiration and trust , causing followers to want to identify and emulate with the leader. |
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Inspirational Motivation |
Behaving in ways that foster an enthusiasm for & commitment to a shared vision of the future |
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intellectual stimulation |
behaving in ways that challenge followers to be innovated and creative by questioning assumptions and reframing old situations in new ways |
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individualized consideration |
behaving in ways that help followers achieve their potential through coaching, development, and mentoring |
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Transactional Leadership |
the leader rewards or disciplines the follower depending on the adequacy of the followers performance |
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passive management-by-exception |
waits for mistakes and takes coercive action as necessary |
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active management-by-exception |
actively monitors mistakes and takes coercive action |
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contingent reward |
attains follower agreement on what needs to be done using promised or actual rewards in exchange for adequate performance |
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Expense of Leadership Training |
in 2014 organization spent over $165 billion on employee learning and development, much devoted to management training |
