Transactional Leadership

Introduction to business communication and transactional leadership

1. BUSINESS COMMUNICATION

2. The objective of this presentation is to research on the various dimensions of transactional leadership and find how it works and why it works Whether it is right and how effective it can be in today’s world. For this we went through different researches and case studies. We came to know the level of effectiveness it has on employees. For much clear understanding of the topic we referred to a movie(pursuit of happiness,2006). The movie clip is attached in presentation. There is another short animated video attached which shows the basic concept of transactional leadership and it effects on employees. ABSTRACT

3. INTRODUCTION Transactional leadership refers to a "transaction or exchange of something of value the leader possesses or controls that the follower wants in return for his/her services. The relations of most leaders and followers are transactional: leaders approach followers with an eye to exchanging one thing for another: jobs for votes, or subsidies for campaign contributions" (Burns, 1978).

4. VIDEO AND CLIPS https://www.youtube.com/watch?v=rWj6PdjXHAI https://www.youtube.com/watch?v=jVde5oPm8aM

5. Assumptions of transactional theory Employees are motivated by reward and punishment. The subordinates have to obey the orders of the superior. The subordinates are not self-motivated. They have to be closely monitored and controlled to get the work done from them. Managementstudyguide.com

6. Communicationtheory.org

7. 10 TRANSACTIONAL LEADERSHIP CHARACTERSTICS Extrinsic motivation Practicality Resistant to change Discourage independent thinking Rewards performance Constrained thinking Passive Directive Emphasis on corporate structure Emphasis on self interest

8. Four Dimensions of Transactional Leadership 1.Contingent rewards : Providing various kinds of rewards in exchange for mutually agreed upon goal accomplishment. 2.Active management by exception : Watching for deviations from rules and standards and taking corrective action. 3.Passive management by exception : Intervening only if standards are not met. 4.Laissez-faire : Abdicating responsibilities and avoiding decision

9. Transactional leadership affects on employees Transactional leadership styles can affect positively or negatively on performance. It depends on employee assessment. Positive effect can occur when employees assess transactional leadership positively and a negative effect can occur if employee considers that transactional leadership styles can not be trusted because they do not keep their promises, dishonest or not transparent. Study effect of transactional leadership on performance is conducted by Haryadi (2003), Andarika (2004), and Ahn et.al (2005) which explains that transactional leadership style has positive and significant effect on employee performance. ISSN (Online): 2319 – 8028 By Sundi K

10. Conclusion