CMA Final · Entrepreneurship and Startup · Leadership
Which of the following best describes a 'transformational' leader in a startup setting?
A transformational leader inspires followers with a shared vision so they look beyond personal interest and drive change. Reward-for-target and management-by-exception is transactional, strict one-man decision making is autocratic, and complete hands-off is laissez-faire leadership.
- AOne who rewards employees only when fixed targets are met and corrects deviations by exception
- BOne who inspires followers through a shared vision to go beyond self-interest and drive changeCorrect
- COne who takes all decisions personally and expects strict compliance without discussion
- DOne who leaves the team entirely free to decide without giving direction
Explanation
Transformational leadership relies on vision, inspiration and intellectual stimulation to raise motivation and bring change. Option A describes transactional leadership, C autocratic and D laissez-faire leadership.
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