Compare and Contrast the Transactional and Transformational Leadership Styles

question 42

Essay

Compare and contrast the transactional and transformational leadership styles.What are the advantages and disadvantages to each style?

Explain the purpose and implementation of quality assurance and audits in a management system.

Identify and describe Deming's principles of management and their impact on quality improvement.

Understand the concepts of Total Quality Management (TQM) and how it differs from the Deming approach.

Grasp the process and benefits of benchmarking against industry standards.

---

Definitions:

Participative Leadership

A leadership style where the leader involves team members in the decision-making process, valuing their input and fostering collaboration.

Transformational Leadership

A leadership style where leaders inspire and motivate employees to exceed their own interests for the sake of the organization and encourage innovation.

Statutory Lien

A legal claim on property, either personal or real, granted by law to creditors as security for a debt or obligation.

Debtor

An individual or entity that owes money or is in debt to another party.