Leadership theories
Learn how and why some people become leaders, a theoretical approach to leadership, and how to apply leadership in real-world organizations.
offers you various leadership theories to advance your understanding of different leadership approaches and learn new ways to practice leadership more effectively. Begin build your leadership foundations. There is a wide and ever-growing interest and different schools of thought in the study of leadership because it is so important to the success of individuals, organizations and nations. Over time, a number of leadership theories have been proposed to explain the concept and complexities of the leadership process. Rapidly improve your leadership skills and improve your leadership abilities.!
Transactional leadership theory is based on the concept of rewards and punishments. The transactional management approach assumes that the desires of the leader and the follower are different and that leaders give something to followers in exchange for getting something they want. Transactional leaders expect followers to be compliant and focus on structure, instruction, monitoring, organization, or performance to get tasks completed on time.
Transformational leadership theories focus on the leadership approach where the leader encourages, inspires employees to innovate and create positive and valuable organizational change. A transformational leader strives to “transform” the culture into one that cultivates trust, mutual admiration, loyalty and respect with the end goal of transforming followers into leaders. Transformational leaders are known to be visionary, inspirational, bold, risk takers, and reflective.
Power is the ability to exert influence or control over others. Leadership involves authority and it is very important for leaders to understand what kind of power they are using. The 5 types of power in leadership are coercive power, expert power, legitimate power, reference power and reward power. Authority is the right to command and obtain obedience from others. It comes from the organization and it allows the leader to use power.