The FutureTech Solutions is a prominent global technology company recognized for its innovative software products and services. The company is currently navigating a major transformation that includes the integration of advanced technologies such as artificial intelligence and cloud computing. At the same time, FutureTech Solutions is expanding its market presence into new international regions, including Asia and South America.

Historically, the company's leadership has been characterized by a transactional approach. Previous leaders focused on maintaining order, ensuring compliance with established processes, and managing performance through rewards and penalties. The company$$s new leader is adopting a transformational leadership approach, aiming to inspire and engage employees through a compelling vision of the future.$$

Examine the strengths and limitations of both the transactional and transformational leadership approaches in the context of FutureTech Solutions$$ current transformation.