MSG Team's other articles

12389 Authority vs Leadership

The authority exercised is a kind of legitimate power and people follow figures exercising it, because their positions demand so irrespective of the person holding the position. Leaders in organizations and elsewhere may have formal authorities but they mostly rely on the informal authority that they exercise on people to influence them. Leaders are trusted […]

8811 Value and Ethics in Business – A Basic Understanding

Values and ethics in simple words mean principle or code of conduct that govern transactions; in this case business transaction. These ethics are meant to analyse problems that come up in day to day course of business operations. Apart from this it also applies to individuals who work in organisations, their conduct and to the […]

8970 Disadvantages of Risk Management Information Systems

Technology has disrupted the entire business world and the field of risk management is no exception. All across the world, companies have been spending millions of dollars in order to upgrade themselves and use technology in a manner that helps them minimize risks. There are several advantages to this approach which we already studied in […]

12910 The Process of Corporate Decision Making

Corporate decision making happens at various levels in organizations and can be top down or bottom up. The difference between these two styles of decision making is that the top down decision making is done at the higher levels of the hierarchy and the decisions are passed down the corporate ladder to be implemented. On […]

9307 Smart Feedback Communication Strategies – The Importance of Clarity

Receivers are not just passive absorbers of messages; they receive the message and respond to them. This response of a receiver to sender’s message is called Feedback. Sometimes a feedback could be a non-verbal smiles, sighs etc. Sometimes it is oral, as when you react to a colleague’s ideas with questions or comments. Feedback can […]

Search with tags

  • No tags available.

Transformational leadership is one of the many kinds of leadership that is usually on display in the real world. The reason for focusing on this particular type of leadership in this article is to highlight the need for transformational leadership in these tough times when the ability to articulate a vision and motivate the employees along with putting the company before self is badly needed.

The point here is that unless corporate leaders display transformational leadership in these turbulent times, the organizations that they head would not be able to withstand the headwinds of turbulence and navigate the choppy seas of competition.

Examples of transformational leaders include the late legendary Steve Jobs of Apple, Bill Gates of Microsoft, Jack Welch of GE, and NR Narayana Murthy of Infosys. Along with these figures, the names of Aditya Birla and Ratan Tata come to mind when listing the hall of fame for transformational leaders.

Transformational leadership goes beyond normal leadership and as the name implies, it results in a complete rejuvenation of the company and a transformation of its place in the corporate world.

For instance, the late Steve Jobs succeeded in altering consumer perceptions of computing, mobile technology, and the way in which media is consumed in the digital age. Similarly, Bill Gates can be credited with pioneering the personal computing revolution that has benefited Billions of people around the world and has transformed the landscape of the business world.

Further, NR Narayana Murthy can be said to have incubated a whole industry with his stewardship of Infosys that resulted in the IT sector in India taking off in a big way and emerging as a force to reckon with in the world.

Finally, Ratan Tata and Aditya Birla can be credited with transforming what were essentially family owned businesses into a new look professionally managed conglomerates that redefined the map of the corporate world in the county and abroad.

Moreover, these figures succeeded in not only driving their companies to greater heights but also ensured that they were trailblazing and path breaking in their endeavors. For instance, Ratan Tata introduced the concept of the one Lakh Car in India, which ensured that millions of middle class consumers could convert their dream of owning a car into reality.

Apart from Ratan Tata, Capt. Gopinath of the erstwhile Deccan Airways fame transformed the concept of aviation in India by providing the common person with the wherewithal and the connectivity needed by introducing the concept of SimplyFly or bringing flying to the masses.

We shall be discussing each of these figures and the traits of transformational leadership in other articles as well. It would suffice here to state that what each of these leaders had in common was a vision and the ability to translate it into actionable results and actualize it in practice.

The point to be noted is that many leaders have the vision but fail to translate into reality. While some leaders (who are truly extraordinary) like the Late Legendary Dhirubhai Ambani had a combination of vision, mission, ambition, and hard work, which proved that he remains a towering figure in the list of transformational leaders.

Article Written by

MSG Team

An insightful writer passionate about sharing expertise, trends, and tips, dedicated to inspiring and informing readers through engaging and thoughtful content.

Leave a reply

Your email address will not be published. Required fields are marked *

Related Articles

Cultural Dimensions of Leadership

MSG Team

Continuum of Leadership Behaviour

MSG Team