Transactional Leadership Theory

The video explores transactional leadership, a style focused on exchanges between leaders and followers to meet basic needs. It discusses its origins with James MacGregor Burns and its basis in Maslow's Hierarchy of Needs. The video provides examples of transactional leaders like Vince Lombardi and Bill Gates, highlighting their focus on clear goals and rewards. It also examines the characteristics of transactional leadership, including contingent rewards and management-by-exception, and evaluates its strengths and weaknesses. The video concludes by questioning the relevance of this leadership style today.

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