An Analysis of Leadership Models

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UNITED STATES INTERNATIONAL UNIVERSITY CHANDARIA SCHOOL OF BUSINESS

COURSE CODE: BUS6030 COURSE TITLE: LEADERSHIP AND MANAGEMENT OF CHANGE LECTURER: Prof. C. Getecha

Yusuf Saleh

Term Paper: An analysis of Leadership Models

Table Contents
Abstract ------------------------------------------------------------------------------------------------------ 1 Transactional Leadership ---------------------------------------------------------------------------------- 2 Advantages of Transactional leadership -------------------------------------------------------------- 3 Disadvantages of Transactional leadership ---------------------------------------------------------- 4 Examples of Transactional leadership ---------------------------------------------------------------- 4 Charismatic Leadership ------------------------------------------------------------------------------------ 5 Advantages of charismatic leaders -------------------------------------------------------------------- 6 Disadvantages of charismatic leaders ----------------------------------------------------------------- 6 Examples of Charismatic Leadership ----------------------------------------------------------------- 7 Transformational Leadership ----------------------------------------------------------------------------- 9 Advantages of Transformational leadership -------------------------------------------------------- 11 Disadvantages of Transformational leadership ----------------------------------------------------- 11 Examples of Transformational Leaders ------------------------------------------------------------- 12 References -------------------------------------------------------------------------------------------------- 14

Abstract
Leadership theories have evolved over time into various types, each with a different perspective. Each theory provides a model for effectively steering an organization. Three contemporary theories are widely applied in organizations today; Transactional Leadership, Charismatic leadership and finally transformational leadership. Each of these theories has its strong points weaknesses and challenges in real world application. These are not by any means the only theory – there are many others applied in other leadership situations. A lot of management research has gone into finding the perfect leadership solution. In this paper, we will review three leadership theories, their pros and cons and discuss examples of each theory.

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Transactional Leadership
Transactional Leadership model Leadership style plays a crucial role in the development of an organization. It is a leadership style that is often used by many companies assumes that people are motivated strictly by reward and punishment. This style generally does not appeal to the values, morals, or other intrinsic characteristics of most people. The transactional leader is highly focused on task, provides very clear direction, and oversees productivity in detail. When a subordinate fails, the next step is a penalty or punishment. The introduction of the task versus people orientation and the idea of leadership styles are widely accepted today. The model does have a downside, however: It does not consider other potential factors that may influence outcomes and therefore affect leadership effectiveness. While a two-dimensional task-versus-people perspective might be a helpful way to talk about leader behaviors, it by no means tells the whole story about leadership. Research continues to this day on these important questions, and this has led to additional new theories of leadership (Yukl, Gary A. Yukl). Assumptions      Style The transactional leader works through creating clear structures whereby it is clear what is required of their subordinates, and the rewards that they get for following orders. Punishments are not always mentioned, but they are also well-understood and formal systems of discipline are usually in place. Transactional...
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