ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

LEADERSHIP STYLES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which leaders are more willing to take risks?
A
Transactional
B
Transformational
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Proactive: Transformational leaders are proactive decision makers. They do not wait around for others to make decisions and then react. They are willing to take risks, try new things and take an innovative approach to growing the organization.

Detailed explanation-2: -Innovative leaders are willing to try out new ideas, promote collaboration and welcome honest feedback. They are also willing to take risks, knowing that if they keep their eye on the ball, these risks are likely to pay off.

Detailed explanation-3: -There are four factors to transformational leadership, (also known as the “four I’s"): idealized influence, inspirational motivation, intellectual stimulation, and individual consideration. Each factor will be discussed to help managers use this approach in the workplace.

There is 1 question to complete.