What is the difference between a transactional leader and a transformational leader? what kind of competencies would each leader show that would be transactional or transformational? How could this affect their companies? What is an example of behaviour between each type of leader?
Transactional leaders focus on the role of supervision, organization, and group performance. Here the leaders are concerned about the status quo and day-to-day progress toward goals. Transformational leaders work to enhance the motivation and engagement of followers by directing their behavior toward a shared vision.
The transactional leader shows competence like:
· The performance pay is the leader’s way where communication has to be clear.
· The job to be given and the job that needs to be done has to be clear on both sides,
· The people’s skills and works are well maintained and monitored in this leader’s case.
Transformational leaders have aspects:
· The leader with the best of ability comes up for the occasions who may not be a leader’s role otherwise to make something new and change management in place
· The role of best people in such leadership is the ability to get in the need changes with the best use of the skills that they have
· The way the change would occur is been shared between all to make all understand the role they have for the transaction.
The transformational leaders are long term leaders who are to make the needed changes for the business so it’s competent for the long term. The transactional leaders are for the short term to get a job done based on the reward-based transaction between the team and leader for the job being done.
Transactional leaders are generally more democratic in their approach to make the people have the right job and resources at the right time. The transformational leader needs a good deal of communication skills and the ability to convince to make the changes as needed.
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