Professional Custom Accounting: Characteristics of Transformational Leadership

Some indicators of a good leader are effective communication, accountability, confidence, active listener/observer, how well he/she challenges others, and when to take appropriate corrective action. As a leader you must work well with others and consistently strive to develop your team to be successful. There are many different definitions and perspectives of what a leader entails. Leadership indicates a certain set of qualities and characteristics that can lead a group of people to successful results. Mostly this term is coined within organizations and in the workplace, but a leader, in my opinion, is not confined by the walls of an organization. The research on leadership may suggest that a leader is born into the position, or they have specific traits that enable them to lead. Personal experience has shown that everyone in higher positions are not always suitable for the leadership role. One take away from this course is that an individual may view themselves as a leader; however, it may take objective perspectives including self-assessments to show someone their true attributes.

In this presentation, I will compare and contrast two models of leadership, noting similarities and differences. I will also develop a conclusion regarding the significance of those models in business.