This article describes the differences and similarities of transactional leadership and laissez-faire leadership. In my leadership career leading up to my role as a CEO, I met both transactional and laissez-faire leaders, and I have also read lots of literature on both styles. I have combined my experience and knowledge when comparing transactional and laissez-faire

Active Management by Exception leadership is a version of transactional leadership which has both pros and cons. I have witnessed and even used active management by exception myself during my international leadership career, although I was very far from it when I was a CEO. Let us kick off this article on active management by

Passive Management by Exception leadership is a version of transactional leadership. The passive management by exception approach has both advantages and disadvantages, which will be shown with a few examples in this article. During my twenty year leadership career, I have seen plenty of leaders use passive management by exception, sometimes with good outcomes, and

Contingent reward leadership is a version of transactional leadership. The contingent reward approach to leadership has both advantages as well as disadvantages, which will be shown with a few examples in this article. I have seen quite a few approaches to contingent reward leadership during my leadership career, and as a CEO, some good, some

The transactional and transformational leadership styles are very different in general as well as in-depth. This comparison between transformational and transactional leadership consists of two segments, one with the obvious and major differences, and the other about the incentives connected to the different styles – this is relevant since transactional leadership has such a high focus on

As a business leader, I can see how transactional leadership has a good fit in the right areas. However, using transactional leadership in non-transactional environments would be asking for trouble. Transactional leadership focuses on tasks, control, and reward and punishment. Transactional leadership comes in three versions, with different levels of management control. This article will