13. Transactional Leadership
Transactional Leadership characteristics:
Contingent reward- Contracts
Leaders who guide or exchange of rewards for effort,
motivate their promises rewards for good
performance, recognizes
followers in the accomplishments.
Management by
direction of exception(active)- watches and
searches for deviations from
established goals by rules and standards, takes
clarifying role and task corrective action.
Management by
requirements. exception(passive)- Intervenes
only if standards are not met.
Laissez Faire- Abdicates
responsibilities, avoids making
decisions.
18. “Management is the efficiency in climbing the ladder of success, leadership
determines whether the ladder is leaning on the right wall”
Steven Covey
19.
20.
21.
22.
23.
24.
25.
26. •Has a sense of humour
•Emotional Intelligence
•Ability to turn his followers
into “hot teams”