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.

What is the primary focus of transactional leaders according to James MacGregor Burns?

• Satisfying basic needs through rewards

• Inspiring followers through vision

• Encouraging innovation and creativity

• Building strong emotional connections

Which of the following best describes the concept of contingent reward in transactional leadership?

• Rewards are contingent on good performance

• Rewards are based on the leader's discretion

• Rewards are shared equally among all followers

• Rewards are given regardless of performance

What is the role of management-by-exception in transactional leadership?

• Encouraging followers to take risks

• Setting long-term visionary goals

• Intervening only when performance is below standard

• Providing constant positive feedback

Which famous football coach is known for his transactional leadership style?

• Vince Lombardi

• John Wooden

• Bill Belichick

• Phil Jackson

How is Bill Gates described in terms of his leadership style?

• Inspirational and charismatic

• Transactional and goal-oriented

• Laissez-faire and hands-off

• Transformational and visionary

What is a key disadvantage of transactional leadership?

• It focuses too much on emotional intelligence

• It can be uninspiring and rigid

• It is too flexible and adaptable

• It lacks a clear structure

What question does the video pose about the relevance of transactional leadership today?

• Is it the most effective leadership style?

• Should it be combined with other styles?

• Is it outdated and should be discarded?

• Can it be applied to all industries?