Name: Afsana Tasnim

ID: 19206025

Course Title: Leadership power and influence

Course Code: 504

MidTerm

Answer to the que no 1

There are many characteristics of Transactional and Transformational

Leadership are given bellow:

Transactional Leadership

Transactional leadership focuses on results, conforms to the existing

structure of an organization and measures success according to that
organization's system of rewards and penalties. Transactional leaders
have formal authority and positions of responsibility in an organization.
Here are some of the characteristics of transactional leaders.

Contingent Reward:

Under this style, leaders and managers focus on enhancing

performance management while reinforcing positive behaviors. These
leaders select quality employees and empower the employees to take
control of their tasks in a responsible fashion.

Management by Exception:

In active Management By Exception the leader actively monitors the

work of the employees and takes immediate corrective actions when
something goes wrong in the production process.

In passive Management By Exception the leader only intervenes when

objectives have not been met or after problems have become serious.

Laissez-Faire:

Laissez-faire leaders have an attitude of trust and reliance on their

employees. They don't micromanage or get too involved, they don't
give too much instruction or guidance. ... They give guidance and take
responsibility where needed, but this leadership style means that
subordinates and team members have the real lead.

Example:
These leaders motivate their followers by promoting the reward of
winning the game. They instill such a high level of commitment that
their followers are willing to risk pain and injury to obtain the results
that the leader is asking for.

Transformational Leadership:

Transformational leadership is defined as a leadership approach that

causes change in individuals and social systems. In its ideal form, it
creates valuable and positive change in the followers with the end goal
of developing followers into leaders.

Characteristics of Transformational Leadership

Individualized Consideration:

Individualized Consideration is the extent to which a leader attends to

each follower's needs and is a mentor, coach or guide to the follower.

Intellectual Stimulation:

Intellectual Stimulation is the extent to which transformational leaders

challenge assumptions, take risks and solicit followers' ideas. ... The
leader encourages followers to think things out on their own and
encourages followers to think independently so that followers become
autonomous.

Inspirational Motivation:

Inspirational motivation refers to the leader's ability to inspire

confidence, motivation and a sense of purpose in his followers.

Idealized Influence:

Idealized influence is defined as having transformational leaders who

behave in ways that result in their being role models for their followers.
These leaders are admired, respected and trusted.

Example:

Apple is well known for innovation and that is largely due to the way
Jobs encouraged employees and used transformational leadership to
allow everyone to use creativity. Jeff Bezos. Jeff Bezos is seen by many
as a great transformational leader.
 Answer to the que no 2b

Differences between Leaders & Managers are given bellow:

1 Leaders create a vision, managers create goals:

Leaders paint a picture of what they see as possible and inspire and
engage their people in turning that vision into reality.

Managers stick with what works, refining systems, structures and

processes to make them better.

2 Leaders are unique, managers copy:

Leaders are willing to be themselves. They are self-aware and work

actively to build their unique and differentiated personal brand.

Managers mimic the competencies and behaviors they learn from

others and adopt their leadership style rather than defining it.

3 Leaders take risks, managers control risk:

Leaders are willing to try new things even if they may fail miserably.
They know that failure is often a step on the path to success.

Managers work to minimize risk. They seek to avoid or control

problems rather than embracing them.

4 Leaders coach, managers direct:

Leaders know that people who work for them have the answers or are
able to find them.

Managers assign tasks and provide guidance on how to accomplish

them.

5 Leaders create fans, managers have employees:

Leaders have people who go beyond following them; their followers

become their raving fans and fervent promoters.

Managers have staff who follow directions and seek to please the boss.

real life example Leader

About two decades ago, a woman I know lost her father.

A day or two later, she found out her husband was sentenced to prison.

A couple of days later, her daughter-in-law decided to get a divorce.

Real life example of manager

A manager is the person who is in charge of customer service, who

deals with customer disputes and who oversees and supervises
customer service agents.

2a

There are some factors that affect Leadership is given bellow:

1 Risk : Risks should be leveraged during the business planning cycle to

ensure that needed mitigations have been built into business goals and
objectives.

Example : Fires at home can be highly dangerous, not only to your

property but also to you and the people you live with. Be sure to have
working smoke alarms in the house tested regularly, and a fire plan
with safety protocols in place.

2 Type of business.

The most common forms of business are the sole proprietorship,

partnership, corporation, and S corporation. A Limited Liability
Company (LLC) is a business structure allowed by state statute. Legal
and tax considerations enter into selecting a business structure.

Example : Many businesses begin as sole proprietorships, as this type of

business is great for many new, small businesses. As they grow and
expand, many businesses tend to convert to corporations. eBay is a
very famous example of a sole proprietorship that eventually converted
into a corporation.

3 How important change is:

The most important issue we face.In short, we need a complete

transformation of our global energy economy.

Example: Increased heat, drought and insect outbreaks, all linked to

climate change, have increased wildfires.

4 Organizational culture:
Organizational culture is defined as the underlying beliefs, assumptions,
values and ways of interacting that contribute to the unique social and
psychological environment of an organization.

Example: organizational culture include philosophy, values,

expectations, and experiences. Typically, the people within an
organization try to develop and maintain similar customs, beliefs and
attitudes, even if all of this is unwritten.

5 Nature of the task:

A leader binds a group together with a shared, common goal. They

provide vision, clarity, representation and direction for all involved,
help reduce uncertainty, influence and focus stakeholder attention and
output, offer directive and supportive behavior and guidelines, and
enforce culture.

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