Transactional leadership focuses on structure, rewards and consequences. Leaders who use this style rely on clear systems of reward and punishment to motivate their teams. Offering bonuses for meeting sales targets for example, or implementing performance reviews to track progress can help ensure that goals are met and performance is consistently monitored.
While transactional leadership is effective in achieving short-term goals and maintaining order, it can sometimes feel rigid and demotivating if overused. This style is best suited for situations where clear objectives are in place and the team is motivated by tangible rewards. It's useful for keeping day-to-day operations running smoothly, but may not inspire creativity or personal growth.
You have to be careful with this style of leadership though since not every employee will be motivated solely by rewards and consequences and some may require a more flexible or supportive approach to stay engaged and motivated.
Submit your email address. It’s what people do to get on our email list. Go ahead.. let's do this!