What's it: Transactional leadership is a leadership style in which the leader uses rewards and punishments to encourage subordinate obedience. We also call this leadership style as managerial leadership. Followers obey, follow, and carry out
Leadership and Management
Authoritarian Leadership: Meaning, Characteristics, Pros, and Cons
What's it: Authoritarian leadership emphasizes strict obedience wherein the leader enforces rules and policies to control subordinates and requires them to obey without question. Leaders view success as coming from themselves. Authoritarian
Charismatic Leadership: Meaning, Examples, Characteristics, Pros, Cons
What's it: Charismatic leadership is a leadership style by accentuating charisma to attract and inspire dedication by others. It is an example of a leader-centered style in addition to authoritative and transactional leadership. Leaders believe
Servant Leadership: Meaning, Characteristics
What's it: Servant leadership is a leadership style that puts forward the service of others. Leaders meet others' needs, help them grow, and provide opportunities for them to be rewarded materially and emotionally. In this sense, the leader goes
Management: Meaning, Five Main Functions
What's it: Management refers to a series of activities or functions to efficiently and effectively allocate and direct resources towards company goals. It includes planning, decision making, organizing, leading, and controlling. In this definition,
Leadership: Meaning, Characteristics and Types of Leadership Style
What's it: Leadership is the act and skill of leading a group of people or organization. It is usually associated with the position and traits inherent in a company's manager and chief executive. They have the authority and power and use it to
Strategic Leaders: Meaning, Importance, Characteristics
Strategic leaders refer to leaders who are responsible for changes in the company's strategy. Leaders refer to not only the CEO but also those who have power and subordinates, such as functional level managers. Although, indeed, this term refers more