ENTREPRENEURSHIP

Detailed explanation-1: -Transformational leaders hear ideas with an open mind and respond without judgment or finality. They commit to employing active listening techniques so that their team members feel seen, understood and respected. With these methods in place, they inspire others to share their thoughts without self-censoring.

Detailed explanation-2: -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.

Detailed explanation-3: -There are four main components of Transformational Leadership: Individualized Consideration, Intellectual Stimulation, Inspirational Motivation, and Idealized Influence. Each of these components are positively related to individual and organizational performance.

Detailed explanation-4: -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.