Transformational leadership is defined as a leadership approach that causes change in individuals and social systems. Transformational
Question:
Transformational leadership is defined as a leadership approach that causes change in individuals and social systems. Transformational leadership enhances the motivation, morale and performance of followers through a variety of mechanisms. These include connecting the follower's sense of identity and self to the mission and the collective identity of the organization; being a role model for followers that inspires them; challenging followers to take greater ownership for their work, and understanding the strengths and weaknesses of followers, so the leader can align followers with tasks that optimize their performance. Transformational Leadership Transformational leadership is defined as a leadership approach that causes change in individuals and social systems. Transformational leadership enhances the motivation, morale and performance of followers through a variety of mechanisms. These include connecting the follower's sense of identity and self to the mission and the collective identity of the organization; being a role model for followers that inspires them; challenging followers to take greater ownership for their work, and understanding the strengths and weaknesses of followers, so the leader can align followers with tasks that optimize their performance. Transformational leadership has 4 elements. Individualized Consideration, Intellectual Simulation, Inspirational Motivation, and Idealized Influence.
1. Compare and Contrast transformational leadership and transactional leadership? What are the main differences between these leadership styles? and how effective are they? Specifically, what happens when the incentive used in a transactional leadership style is taken away? Transformational leadership is characterized by the ability to bring about significant change in both followers and the organization. Transformational leaders have the ability to lead changes in an organization's vision, strategy, and culture as well as promote innovation in products and technologies. This is an idealized view of leadership that focuses on a leadership ability to change or alter both the followers and the situation. Transformational leaders offer the 4 I's to their followers: idealized influence, inspirational motivation, intellectual stimulation, and individual consideration.
2. The definition of Individualized Consideration is the extent to which a leader attends to each follower's needs and is a mentor or coach to the follower. Transformational Leaders listen to the concerns and needs of each follower and provide support and is empathic of each person's situation and background. At different levels of leadership, a leader may or may not be able to focus on individual needs. In contrast, Situational Leadership Theory says a leader should focus on both the task and the individual. Discuss Transformational Leadership and Individualized Consideration at different levels of an organization - Senior versus Middle Level versus Line. 3. Globalization is a term used to describe how trade and technology has interconnected the world making our lives and economic arrangements more interdependent with other places. Globalization also captures the social changes that have come about as a result. Globalization has dramatically increased the pace of economic and social change around the world. In a changing world, what are the benefits of Transformational Leadership (think about this question in terms of how much change or uncertainty an organization faces)? Transformational Leadership is not appropriate in all situations at all times. However, Transformational Leadership can create greater motivation, group cohesion, decrease turn over, etc. Discuss the limits and benefits of Transformational Leadership in terms of Globalization.
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-1259969461
5th edition
Authors: Steven M. Mintz, Roselyn E. Morris