Transactional Leader: approaches followers with an eye to exchanging one thing for another Burns pursues a cost benefit,

, economic exchange to met subordinates current material and psychic needs in return for contracted services rendered by the subordinate . Bass Transformational Leader: recognizes and exploits an existing need or demand of a potential follower (and) looks for potential motives in followers, seeks to satisfy higher needs, and engages the full person of the follower Burns The leader who recognizes the transactional needs in potential followers but tends to go further, seeking to arouse and satisfy higher needs, to engage the full person of the follower to a higher level of need according to Maslows hierarchy of needs Bass As exactly said by Bass the transactional leaders work within the organizational culture as it exists; the transformational leader changes the organizational culture. Following table shows difference of transactional and transformation leadership[1]. Transactional Leadership Transformational Leadership * Leaders are aware of the link between the effort * Leaders arouse emotions in their followers which and reward motivates them to act beyond the framework of what may be described as exchange relations * Leadership is responsive and its basic * Leadership is proactive and forms new expectations orientation is dealing with present issues in followers * Leaders rely on standard forms of inducement, reward, punishment and sanction to control * Leaders are distinguished by their capacity to followers inspire and provide individualized consideration, intellectual stimulation and idealized influence to * Leaders motivate followers by setting goals and their followers promising rewards for desired performance * Leaders create learning opportunities for their followers and stimulate followers to solve problems * Leadership depends on the leaders power to reinforce subordinates for their successful * Leaders possess good visioning, rhetorical and completion of the bargain. management skills, to develop strong emotional bonds with followers * Leaders motivate followers to work for goals that go beyond self-interest.

Charismatic Leadership There are many different ways to be a leader, but charismatic leaders guide by using ch arm and selfconfidence. Their personality attracts attention and gains admirers. Charismatic leaders use others people's admiration to influence them to follow. Charismatic leaders with good ethics and intentions have the power to inspire and transform the people they lead. Immoral charismatic leaders can be forces of devastation and destruction.

Charismatic Leaders who are building a group, whether it is a political party, a cult or a business team, will often focus strongly on making the group very clear and distinct, separating it from other groups. They will then build the image of the group, in particular in the minds of their followers, as being far superior to all others. The Charismatic Leader will typically attach themselves firmly to the identify of the group, such that to join the group is to become one with the leader. In doing so, they create an unchallengeable position for themselves.

Visionary leadership Visionary leadership is based on a balanced expression of the spiritual, mental, emotional and physical dimensions. It requires core values, clear vision, empowering relationships, and innovative action. When one or more of these dimensions are missing, leadership cannot manifest a vision.