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What is the relevance of transformational and transactional leadership
Components of transformational leadership
What is the relevance of transformational and transactional leadership
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Transformational Leadership and Knowledge Management
In this era, that we called knowledge workers era, knowledge is extremely important in order to gain sustainable competitive advantage according to Yaghoubi (2014). Organization can obtain, capture and utilize knowledge with the help of management to protect and keep the sustainability in long period. Knowledge management is use to maintaining success of organization. Knowledge management is process of creating and developing knowledge in organization with systematically effort to find, to create, to make access and to apply all intangible resources and to flourish the learning process in organization.
It is a complex and time consuming, it requires precise and clear understanding every
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Knowledge sharing is process that happen in organization to make knowledge accessible and can acts as a basis for innovation in the future. Creating and sharing knowledge is possible when the members of organization willing to synergies from combination different background of experience and education. Knowledge sharing can be called knowledge transfer with the process spreading throughout the organization and spreading across individuals, groups that use any kind of communication channels, which have several pillars according Alavi and Leidner (2001), such as: know the value of the knowledge, willingness of the source to share knowledge, media richness of communication channels, willingness to get knowledge and ability to recover …show more content…
Social resources, especially trust is consistent role within knowledge sharing, including create implicit or tacit knowledge. Transformational leader can facilitate and encourage the creation and sharing knowledge. Leaders use motivation to inspire the followers when contacting with them. Leaders can determine the high standard for groups’ members to do things beyond norms. Employee perhaps attempts to find new ways alone or with their fellow to perform tasks and solve problems in organization and this means to create and share knowledge
Transformational leaders encourage members of organization to be creative and innovative by challenge their own assumptions, traditions, personal beliefs, solve issues and finding new methods. Development of creative ideas plays a substantial role in creating new knowledge because employee can create new knowledge by blending effective and new knowledge. Finally, transformational leaders focus on individual consideration to provide learning platform with supportive atmosphere and people are encourage and support to make them willing to share and to make other people get access in the public
Transformational leaders exhibit personal and professional qualities that other want to emulate and follow. These leaders advance the mission in combative environments. Transformational leaders propel the growth of the team through communication. Finally, transformational leaders leave a legacy that instills pride, moral, and determination for future success.
“..the transformational leader articulates the vision in a clear and appealing manner, explains how to attain the vision, acts confidently and optimistically, expresses confidence in the followers, emphasizes values with symbolic actions, leads by example, and empowers followers to achieve the vision (Yukl, 2002)
Transformational leadership can be defined as causing a change in individual and social system. Besides, transformational leaders usually connect follower’s aspirational with the organizational goal and persuade the followers to achieve the organizational goals to satisfy themselves (Tauber, 2012).
In the ideal form, transformational leadership creates valuable and positive change with the end goal of developing followers into leaders. These may include connecting the followers sense of self and identity to the mission and the collective identity of the organization; being a role model for followers that inspires them; challenging followers to take greater pride for their work, and understanding the strengths and weaknesses of individuals, so the leader can associate followers with tasks that improve their performance. Transformational leaders focus on intrinsic motivation and personal development of their followers. They believe in five key aspects of being a leader, which are being creative, interactive, empowering, visionary and
According to Doody & Doody (2012), transformational leadership is the most adaptive and flexible which is required importantly in 21st century. In this leaders and team members shared the same goal by sharing their ideas and by working together effectively. This is focussing and encouraging type of leadership which positively work to improve the productivity of any
To be successful in business will require much more than just dedication and creativity, you’ll also need the right product and service in order to meet the demand customers are looking for in the completive market. Your organization needs to be able to adapt and willing to change to achieve the needs and wants of market. This will only happen if you and the people around you are good leaders. In the book “Leadership Transformed” it offers some of the basic fundamental strategy and framework using metaphors to describe steps of leadership transformation and the path to become exordanary leader in the 21 first century. This book helps shaping leadership by providing evidence, research data and experience for young upcoming leaders. This is a great book for people who are looking to improve their leadership skill, and improve the outcome of their business venture.
According to Yoder-Wise (2015), a leader can be defined as, “an individual who works with others to develop a clear vision of the preferred future and to make that vision happen” (p 35). As employees, we often have our own ideal of a good leader, which may be influenced by experiences and perception of workplace norms. While one’s opinion of an effective leader may vary, there are several recognized leadership theories. The following will focus on the transformational leadership approach.
Transformational leadership is one of the most popular leadership styles. According to Kendrick (2011), “Transformational leadership involves four factors: 1. idealized influence, 2. inspirational motivation, 3. intellectual stimulation, and 4. individual consideration.” These four factors make transformational leadership have an impact on followers. The goal of transformational leadership is to cause a positive change in individuals, help motivate them, and develop a leader within each individual.
With today’s rate of development in technology, there has also been an immense increase in global information sharing. Innovations in technology and design seem to be emerging in the market almost every month. One of the key aspects of any business is to gather, organize and efficiently apply this information. According to Antonic (2005), economic assets are fast becoming of secondary importance in the market as companies ascribe more importance to intellectual capital. With the right application of Knowledge Management methods, companies can achieve a competitive advantage through managing the immense amount of information available (Balanced Scorecard Institute, 2002).
People also known as human resources are key in knowledge management and as such must be given consideration in any knowledge management practice. As already stated, knowledge is the basic of knowledge management, and people are the primary conveyor of this knowledge in the form of tacit knowledge, even in explicit knowledge, people are needed to ensure codification. In line with this, Aziri, Veseli and Ibraimi (2013) note that organizational knowledge and knowledge management is dependent on human resources. Also, Armstrong (2006) asserts that people influence knowledge management by promoting an open culture that values/inspires sharing of knowledge; promote a climate of commitment and trust; develop systems and policies for knowledge management among
Success of Knowledge Transfer in an organization is dependent on the efficient transfer and use of knowledge. Employees need specific skills and knowledge to effectively perform their functions.
Transformational leaders are needed to transform low performing organizations to acceptable to high performance. At other times, the leader is expected to move an organization from a crisis. In order to accomplish these tasks, the leader must overhaul the organization culture or subculture. This task is accomplished by nine ways of transforming others: 1. Raise others awareness. The leader makes others aware of the rewards and how to achieve them, i.e. pride in the job or financial incentives. 2. Help others look beyond self-interest. The transformational leader helps others to look at the “big picture” by describing an entire scenario, i.e. if we hire more employees to do x, we will have to make cuts in other areas. 3. Help people find self-fulfillment. The leader helps others not to focus on minor satisfactions, i.e. getting a job done before the deadline ...
Knowledge management (KM) can be defined as a systematic discipline of policies, process, and activities which empower organizations to apply knowledge to improve effectiveness, innovation, and quality (Sehai, 2006).
In general, knowledge management helps to manage the knowledge in a complex working environment, and then improve the performance finally. But knowledge management also will face some challenges in the period, the major problem should be people and culture issues. Sometimes, organizations usually ignore the people and culture issues, it may cause the knowledge management cannot reach a fantastic result. Not only that, conducting knowledge management in isolation from business goals, ignoring the dynamic aspects of content, and opting for quantity of content over quality (Dalkir, 2011), these challenges also bring some bad effects on knowledge management. In some organizations, there is one person in charge of managing knowledge- Chief Knowledge Officer (CKO). When knowledge management are applied to employees sharing knowledge, CKO and organizations should realize the threats of these challenges, only an effective knowledge management can helps employees to be focused on sharing knowledge and gain a competitive advantage for
There is a clear distinction between knowledge and information sharing, because the KS carries idea, principle and purpose beyond the sphere of mere sharing. The ideas of working together, collaborating with others and helping each other fall in KS. Whereas, information sharing mostly demonstrates the idea of giving and taking something from one into another person. KS, therefore, creates a new process of learning. Another important factor is the category of knowledge, which also influences the KS behaviour3. There are some differences between tacit and explicit knowledge. According to Nonaka and Takeuchi23 tacit knowledge is seen to be hard to share or interact with others. The tacit knowledge includes intuitions, subjective insights and hunches kind of things. On the other hand, explicit knowledge is codified in a formal form through a systematic way through the use of symbols or might have a physical artifact and can be shared