According to Yoder-Wise (2015), a leader can be defined as, “an individual who works with others to develop a clear vision of the preferred future and to make that vision happen” (p 35). As employees, we often have our own ideal of a good leader, which may be influenced by experiences and perception of workplace norms. While one’s opinion of an effective leader may vary, there are several recognized leadership theories. The following will focus on the transformational leadership approach.
Transformational leadership consists of few components which are idealized influence, inspirational motivation, intellectual stimulation, individualized consideration, management by exception and contingent rewards (Ahmad et al.,
Whenever you deal with money at any level the economy is a large factor on what happens in your business. Economy is a huge threat to Lincoln business because we deal directly with the market and interest rates that the government gives to all business’s. In 2008 when the economy went into its recession, Lincoln was no different than any company out there when came to losses. When the stock market started to tumble Lincoln accounts started to fall also, people’s retirement plans or annuities started to decline. Lincoln started by freezing people’s ability to move money into the safest product out there because the flood of money would in fact change the market even more. Internally they had a hiring freeze with minimum layoff of temporary employees
Transformational Leadership Theory Motivates Individuals The definition of transformational leadership is the style of leadership in which the leader identifies the needed change, creates a vision to guide the change through inspiration, and executes the change with the commitment of the members of the group(business dictionary.com). Northouse (as cited in Hall, Johnson, Wysocki, & Kepner, 2002) stated in simplistic terms, transformational leadership is a process that changes, motivates, and transforms individuals. In essence this form of leadership transforms the employee’s values and behaviors, thereby increasing production. In the case of JLB Enterprises, decreased employee morale was linked to a significant decrease in efficiency and production.
Transformational leadership theory conceptualized in the late 1970’s, proposed that leaders could motivate followers through shared vision and mutual interest to uplift the entire organization to a higher morality (Burns, 1978). Morality was defined as leaders and followers working together to fulfill organizational goals and achieve higher performances within a context of change and innovation. Leaders would surpass their own self-interest, in order to, foresee, foster, and indoctrinate a new organizational vision to their followers. Bass operationalized Burns’ seminal work into a leadership model to better indentify transformational leadership characteristics. The model emphasized four dimensions such as idealized influence, inspirational motivation, intellectual stimulation and individualized consideration in order to achieve success.
In this research we will analyze the transformational leadership more in details. Further we will talk about the elements and effects of it as a process and as a leadership style in educational organizations. And finally we will talk about the correlation between transformational and instructional leadership. As Marzano (2005) implies, transformational leadership is an expansion of instructional leadership and according to Leithwood, Jantzi, & Steinbach (1999) because “it aspire...
Leadership is the ability of an individual to establish a clear vision, share the defined vision with others, provide a way through which the established vision will be achieved, define the methods and procedures for attaining the vision and provide mediation and conflict resolution among members and stakeholders while preserving their interests. The formation of a leader is highly realized during times of crisis. Leadership is totally different from management (Giuliani et al, 2002). Management can be taught to an individual but leadership is born with the individual. Leadership can however be enhanced through tutoring and mentorship programs.
Transformational leadership is the most popular leadership style today. It is an engaging leadership style that creates results based on motivating followers to reach their highest potential.
Leadership is a dynamic process which is sought in an organization. It is valuable to organizational success and revitalization, it is not given or delegated to managers or supervisors; it is something that an individual displays on their own merit by the people in their care. Leadership has many approaches and is critical in order for an organization to be successful and grow. It is also a powerful term which draws and motivates people because of the perception of influence as well. What is even more valuable is the ability to be a transformational leader which not only leads but leads changes to improve the organizations’ culture. Instead of managers who continue to move organizations along historical tracks, new leaders
Businesses are complex, due to the ever-changing environments and networks, leading to the need for effective leadership, to achieve success. However, many leadership styles and frameworks have been formed over the years, so deciding which to be most effective for the entire business can be a difficult decision. Leadership can be defined as “the ability to motivate, influence and enable individuals to contribute to the objectives of the organization of which they are members” (House et al., 2004). The theory of what this essay is going to focus upon is transformational leadership, which is where leaders inspire and motivate their team members through various transformational qualities, but are also accountable for their own actions. Having