COMMERCE 1BA3 Lecture Notes - Lecture 8: Transactional Leadership, Transformational Leadership, Organizational Commitment

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 1BA3
• Professor: Firat Sayin

Document Summary

The influence particular individuals exert on the goal achievement of others in an organizational context. Informal: no formal title, rely on referent power. Theories of leadership trait theory of leadership leadership depends on the personal qualities or traits of the leader better leadership occurs when leaders possess particular skills. Transactional based on straightforward relationship between leader and followers. Leader sets goal and provides direction and support. Employees perform well and the leader rewards them. Transformational provides followers with a new vision that instills true commitment. Leader changes beliefs and attitudes of followers and motivates them. Transformational leaders are usually good at transactional leadership. Can lead different cultures well and can cross language, social, economic, and political borders. Middle-size economies with high levels of global trade more likely to produce global leaders. Demonstration of normatively appropriate conduct through personal actions and interpersonal relationships. Ethical leaders reward ethical behaviours and punish unethical ones. Positively related to supervisor satisfaction, ocb, job performance,