Abstract
My Taxonomy on Leaderships contrasts and compares four leadership theories. The leadership principles discussed in the Taxonomy include the trait-based, servant leadership, transactional leadership and transformational leadership theories. Trait-based theories are the earliest attempts to study leaders and leadership effectiveness by concentrating on distinctive skills and traits of the individual. Servant Leadership is a servant to others, one by putting the needs of their customers, employees and communities first. Transactional Leadership is based on the setting of clear objectives and goals for either punishments or rewards in order to encourage compliance with those goals. Lastly, …show more content…
This solidified when the leader was classifying performance measures as well as expounding on the conditions for which rewards will be available for meeting these requirements. The objective is to agree on a beneficial exchange that both groups agree on, not necessarily to progress into a long-term relationship. Transactional leadership is compared to transforming leadership, which occurs when persons work with each other in a way that the leader and subordinate raise one another to higher levels of inspiration and …show more content…
Burns has made a significant distinction between transactional leaders and transformational leaders.
Transformational leadership is defined as the method by which leaders bring about significant positive change in people, teams, and establishments by using influence, charisma, Competence and the ability to motivate followers to surpass their own interests for a shared purpose (Warrick, 2011). Transformational leadership puts particular emphasis on leadership skills and takes the leadership to new heights by renovating organizations from the inside out and putting them on a