Transactional Leadership Approach (reposted)

The video explores transactional leadership, a style focused on exchanges between leaders and followers to meet basic needs and achieve goals. It discusses its origins with James McGregor Burns and Maslow's hierarchy of needs, and illustrates the style with examples like Vince Lombardi and Bill Gates. The video outlines key concepts such as contingent reward and management by exception, and evaluates the strengths and weaknesses of this leadership approach.

Who first introduced the concept of transactional leadership?

• James McGregor Burns

• Bernard Bass

• Vince Lombardi

• Bill Gates

What is the primary focus of transactional leaders according to the theory?

• Promoting teamwork

• Inspiring followers

• Satisfying basic needs

• Encouraging creativity

Which component of transactional leadership involves rewarding good performance?

• Contingent reward

• Management by exception

• Transformational leadership

• Inspirational motivation

What action does a transactional leader take when performance is below standard?

• Gives a motivational speech

• Initiates corrective action

• Offers a contingent reward

• Provides additional training

Which famous football coach is known for his transactional leadership style?

• Vince Lombardi

• Phil Jackson

• Bill Belichick

• Alex Ferguson

How is Bill Gates described in terms of his leadership style?

• Inspirational

• Transformational

• Transactional

• Charismatic

What is a key disadvantage of transactional leadership?

• Too much follower engagement

• Overemphasis on creativity

• Inflexibility and rigidity

• Lack of clear structure