Transformational Leadership

Fundamentals - Models - Differences - Impact on employees

Seminar Paper , 2010 , 28 Pages , Grade: 1,3

Business economics - Business Management, Corporate Governance

"Transformational leadership is the buzzword in business today.
It conveys passionate commitment. It inspires hope because it promises a purposeful way forward to a positive mind-changing and life-changing future."
(Lim, 2010)
The author Lim (2010) emphasises in his article the popularity of transformational leadership in the world of the 21th century. According to Lim (2010) the economic and social environment is changing constantly with an increasing speed. Therefore many politics and business executives ask themselves how they should cope with the changed circumstances, such as globalisation and global poverty (Bass & Riggio, 2005, p. 224). From Burns’s (2003) point of view transformational leadership gives answers to these most critical questions of the world. The transformational leadership model helps leaders to prepare themselves and their followers for the future. It is a process that changes and transforms people. It deals with emotions, values, ethics standards and long-term goals.
Finally, it pushes the follower to the unexpected and creates a common vision (Northouse, 2009, p. 186).
However, there arises the question what is transformational leadership really and why is it so popular in contrast to other types of leadership? In order to answer these questions chapter 2 defines the terms leadership, management and outlines the contrast between leaders and managers. Chapter 3 presents the main
chapter of this assignment. It gives a brief overview of different leadership models and their characteristics in section 3.1. The following three sections deal with the transactional and transformational leadership model and their impact on behaviour and performance of employees. Moreover chapter 4 discusses the dvantages and disadvantages of transformational leadership theories. Finally chapter 5 summarizes the basic insights and gives a
short perspective.

Contents

1 Introduction

2 Fundamentals
2.1 Fundamentals of Leadership
2.1.1 Trait Leadership Theory
2.1.2 Process Leadership Theory
2.2 Fundamentals of Management
2.3 Management versus Leadership

3 Leadership Models
3.1 Overview of Leadership Models
3.2 Transactional Leadership
3.2.1 Definition of Transactional Leadership
3.2.2 Components of Transactional Leadership
3.3 Transformational Leadership
3.3.1 Definition of Transactional Leadership
3.3.2 Components of Transformational Leadership
3.3.3 Other Transformational Leadership Theories
3.3.4 Measurement and Application of Transformational Leadership
3.4 Transactional versus Transformational Leadership

4 Discussion
4.1 Strengths of Transformational Leadership
4.2 Criticisms on Transformational Leadership

5 Summary and Prospects

List of Abbreviations

List of Figures

Bibliography

A Management Functions

B Multifactor Leadership Questionnaire
B.1 Overview of MLQ Questions
B.2 Relationship of MLQ Scales and Satisfaction
B.3 Relationship of MLQ Scales and Performance

• College: AKAD University of Applied Sciences Stuttgart
• Grade: 1,3
• Author: Dipl.-Ing. (DH) Michael Lang (Author)
• Publication Year: 2010
• Pages: 28
• Catalog Number: V164198
• ISBN (eBook): 9783640793396
• ISBN (Book): 9783640793853
• Language: English
• Tags: Leadership, Transformational Leadership, Transactional Leadership, Organizational Behavior, Management, Leadership Models, Management-by-Exception, Management-by-Objectives, Leadership Practices Inventory, MLQ, Manager, Führung, Führungskraft