Volume 19, No. 2, 2022
Transformational Leadership Theory – A Critical Analysis with reference to Banking Sector
Jacob Davis. K, Dr. A. Thilagaraj
Abstract
Organizational leadership is becoming more crucial in today's rapidly changing environment, and it is now recognised as a vital success component. As a consequence, not only do top-level executives need to demonstrate their competence, but all managers at all levels of the business are aware of the necessity to work together in order to accomplish the desired outcomes. Regardless of their position, they should be able to influence others and stimulate them into action, as well as accept responsibility for the results. Transformational leadership refers to leaders who aim to generate new ideas and fresh views in order to pave the way for the company to embark on a new path of progress and success. Organization members are mobilised to make fundamental changes in the organization's fundaments and fundamentals by instilling commitment, passion, and loyalty in their ranks. As a result of this mobilisation, the organization's members are better prepared to move in new directions and achieve higher ideal performance peaks than they were previously.
Pages: 152 - 159
Keywords: Transformational leadership; idealized influence; intellectual stimulation; inspirational motivation; personal considerations; Banking; Covid-19