Small Business And Leadership

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There are several types of leadership styles. The charismatic leaders exude vision, are willing to take risks to achieve that vision, are sensitive to both environmental constraints and follower needs and exhibit behaviors that are out of the ordinary. The transactional leadership style emphasizes rewards to influence motivations of the follower. A transactional leader guides or motivates followers in the direction of established goals by clarifying role and task requirements. Transformational leaders provide individualized consideration and intellectual stimulation, and possess charisma.