Current Leadership Therioes Identifying the Advantages and Disadvantages of Each

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Describe two current leadership theories identifying the advantages and disadvantages of each. For each theory explain how it could be Incorporated into and benefit strategic decisions in your own organisation. (b) How could you change management and leadership in your organisation? To improve: efficiency; quality; innovation; HRM?

[AC2.1] [AC2.2]

(a)Two examples of current leadership theories are transformational and transactional leadership. Transformational leadership theory
The concept of transformational leadership was first introduced by leadership expert James McGregor Burns and later expanded by researcher Bernard M. Bass. Developed initially for political leaders by James McGregor Burns in 1978 , it was eagerly adopted for business leadership.

Burns viewed, transformational leadership as when a” leader and follower make each other to advance to a higher level of morals and motivation” through the strength of their vision and personality, transformational leaders are able to inspire followers to change expectations, perceptions and motivations to work towards common goals.

Bernard M. Bass expanded upon Burn’s original ideas to develop what is now referred to as Bass’s transformational leadership theory. According to Bass, transformational leadership can be defined based on the impact that it has on the followers. To Bass, transformational leaders gather trust, respect and administration from their followers. There are four components of transformational leadership.

1.Intellectual Stimulation
2.Individualized Consideration
3.Inspirational Motivation
4.Idealized Influence

Advantages of transformational leadership
Transformational leadership is a more human leadership theory compared to the transactional theory it is based on inspiring employees to do good work through examples and the force of a leaders personality. This theory believes that people rise higher through positive motivation than negative motivation. •...
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