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May 26, 2024 · Transformational leadership combines the right employees and the right motives. It inspires creativity and motivation in achieving a smooth flow of processes which, in the long run, ensures an effective organization that delivers its results and is consistent in achieving the desired changes.
- Sam Walton, Walmart. Sam Walton, the founder of Wal-Mart, was a successful transformational leader who frequently visited Wal-Mart stores across the country to speak with colleagues and express his gratitude for what they had done for the firm.
- Jeff Bezos, Amazon. Bezos "insider, outsider" identity, according to Harvard Business Review, is part of what makes him a brilliant transformational leader.
- Reed Hastings, Netflix. Hastings and Bezos tied for first place for similar reasons. He came from the software sector, therefore, he wasn't used to the television industry's pre-established process and procedure.
- Jeff Boyd and Glenn Fogel, Priceline. Boyd and Fogel redefined travel reservations by charging lower commission fees on reservations while focusing on smaller specialty markets (inns, B&Bs, and apartments), eventually resulting in the birth of Booking.com.
We've explored various facets of leadership, from transformational leaders who leave lasting impacts on their teams to the psychological theories that help us understand what makes a leader effective.
Transformational Leadership is when you, the leader, motivate and inspire your team to exceed usual expectations and performance levels. You achieve this through various ways: communicating a compelling vision, fostering creativity, and building strong, respectful relationships with team members.
Jan 3, 2024 · There are many examples of transformational leaders in the business world. Some of the most frequently mentioned transformational leaders are the CEO of Netflix, Reed Hastings, Henry Ford, and Richard Branson.
Transformational leaders focus on transforming others to help one another, to be harmonious and encouraging, to look out for each other and look for the organization as a whole. Transformational leader also enhances morale, motivation and the performance of the followers.
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Nov 16, 2023 · Critique, Implications, and Connection to Class Content. This article takes a well-informed approach to present the essential strategies that every leader should consider implementing in the transformation journey of their organization.
