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Advantages of Transactional Leadership Style

   

Added on  2022-10-01

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INSTITUTIONAL AFFILIATION(S) |
Transactional leadership
ADVANTAGES
Advantages of Transactional Leadership Style_1

Advantages of transactional leadership style
The transactional leadership approach was developed by Max Weber in the year 1947.
Transactional leadership is one of the managerial leadership kinds that focuses upon the
supervision and performance of employees in a workplace setting. Accordingly, this
leadership style emphasizes a relationship between employer and employees that is grounded
upon rewards and targets. This means, the leaders consider more on employees' performance
in the workplace and are rewarded with financial and nonfinancial rewards besides
promotions based on target achieved and performance made. According to Haq & Chandio
(2017), transactional leadership style believes that motivation in employees can be initiated
by rewards and punishments where every employee needs to obey the supervisor or the
leader's instructions so that the work performed can be monitored and controlled
appropriately.
A study made by Fletcher, Friedman, & Piedimonte (2019) finds that transactional
leadership is specifically useful when motivation and guidance are required by employees for
task completion that requires clarity of work with minimal to no error. Since this style
involves a contingent reward behavior approach like provision of resources for conducting
enhanced performance, it enables management of exception in the workplace through
performance control and error rectification. Here, resources include social factors like praise
and kind gesture. Intangible resources may include pay leave, bonuses or promotion. Though
such kind of leadership may not prove effective in workplaces where creativity and
innovation are required, it most suitable for clinical leadership where many rules and
procedures are involved for performing operations in several spheres (Fletcher, Friedman,
& Piedimonte, 2019).
Advantages of Transactional Leadership Style_2

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