ENTREPRENEURSHIP

Detailed explanation-1: -Concern about a faltering world economy led scientists and practitioners to rediscover the concept of transformational leadership. Transformational leadership was viewed as a positive force to mobilize organizations.

Detailed explanation-2: -The charismatic leadership style relies on the charm and persuasiveness of the leader. Charismatic leaders are driven by their convictions and commitment to their cause. Charismatic leaders also are sometimes called transformational leaders because they share multiple similarities.

Detailed explanation-3: -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-4: -Transformational leadership. 1. Transformational leadership. Transformational leadership is defined as a leadership approach that causes change in individuals and social systems. In its ideal form, it creates valuable and positive change in the followers with the end goal of developing followers into leaders.

Detailed explanation-5: -Leader charisma will moderate the relationship between transformational leadership and organizational performance; charisma enhances transformational leadership’s positive effect on organizational performance.