Transactional vs Transformational Leadership Theory

The video explores transactional and transformational leadership styles, referencing James MacGregor Burns' work and Maslow's Hierarchy of Needs. Transactional leadership focuses on exchanges between leaders and followers, rewarding good performance and punishing poor performance. Examples include Bill Belichick and Johnny Lawrence. Transformational leadership, on the other hand, aims to engage followers on all levels of Maslow's hierarchy, empowering them to achieve self-actualization. Examples include Anne Hathaway's character in 'The Intern' and Professor X from 'X-Men'. The video also discusses the characteristics of transformational leaders and critiques both styles, highlighting their advantages and disadvantages.

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