Interesting
article on leadership development:
Leadership Missing In Action During Credit Crisis
By Gary Hamby
At a time when action is needed to stave off a potential world recession, our leaders play standard partisan politics. It is a sad comment on the state of our country, when leadership prefers Read more...
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on leadership development:
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early stages of transactional leadership, subordinate is in the process of negotiating the contract. The contract specifies fixed salary and the benefits that will be given to the subordinate. Rewards are given to subordinates for applied effort. Some organization use incentives to encourage their subordinates for greater productivity. Transactional is a way of increasing the performance of its subordinates by giving them rewards. Transactional is also called as ‘true style as it focuses on short term goals instead of long term goals.
In Transactional leadership, when the leader assigns work to its subordinates, then it is the responsibility of the subordinate to see that the assigned task is finished on time. If the assigned task is not completed on time or if something then punishment is given for their failure. But if they accomplish the task in time then the subordinates are given reward for successfully completing the task. Subordinates are also given award and praised for exceeding expectations. A subordinate whose performance is below expectation is punished and some action is taken to increase his or her performance.
Transactional has more of a ‘telling style’. Transactional is based on the fact that reward or punishment is dependent on the performance. Even though researchers have highlighted its limitations, transactional is still used by many employers. More and more companies are adopting transactional to increase the performance of its employees. This approach is prevalent in real workplace.
The main limitation of this is that it assumes that people are largely motivated by simple rewards. Under transactional leadership, employees can’t do much to improve job satisfaction. Transaction has been ineffective in providing skilled employees to their organization. This style of is least interested in changing
the work environment. Experts do not recommend this approach. Transactional focuses more on management of punishments and rewards.
Muna wa Wanjiru Has Been Researching and Reporting on Leadership for Years. For More Information on Transactional Leadership, Visit His Site at Transactional Leadership I Will Also Highly Appreciate Your Views On Transactional Leadership At My Blog here Transactional Leadership .
Another
decent article on leadership development:
Leadership Is Action... Not Position
By Willie Jones
People respond to good leadership! Period! It is in all aspects of our lives, not just business. A mother is a leader in her home; a son may be leader of a team sport or a daughter the leader of the Read more...
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