This assignment provides a critical review of transactional, charismatic, and transformational leadership styles, examining their evolution and impact on organizational dynamics. It contrasts the exchange-based relationship of transactional leadership with the emotionally-driven charismatic approach, highlighting the importance of employee empowerment and involvement in decision-making. The analysis incorporates Maslow's hierarchy of needs and Vroom's expectancy theory to understand employee motivation at different hierarchical levels. The report concludes that transformational leadership, which integrates various leadership styles and emphasizes employee development, is the most effective approach for contemporary organizations, fostering a goal-oriented and successful environment. The document emphasizes the need for leaders to adapt their strategies based on the distance between themselves and their teams, emotional connections, and the attributes of transference, attribution, and projection, ultimately promoting a more holistic and effective leadership approach.
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