ENTREPRENEURSHIP

Detailed explanation-1: -The most powerful, intangible motivator employed by transformational leaders is consistently recognizing the efforts of others with sincere praise. Offering meaningless platitudes often has the opposite effect, as your team members can easily sense the difference.

Detailed explanation-2: -A transformational leadership style inspires employees to strive beyond required expectations to work toward a shared vision, whereas transactional leadership focuses more on extrinsic motivation for the performance of specific job tasks. Learning to balance these styles can help leaders reach their full potential.

Detailed explanation-3: -The transformational leadership approach encourages, inspires, and motivates employees to innovate and create the change necessary to shape the future success of the company.

Detailed explanation-4: -Transformational leaders motivate their employees to achieve high performance by establishing an attractive and exciting vision, setting challenging yet achievable goals, being confident and optimistic and emphasizing team spirit and common values (Burns, 1978; Bass, 1985; Grant, 2012).