The Power of Transformational Leadership
SUMMARY
Your firm does not need more experts. What it does need is more leaders, and not just any type of leader. You need leaders who can actually lead.
In today's world, you can no longer operate with command and control. You also cannot just rely on information anymore. You must use your imagination because in this volatile, uncertain, complex, and ambiguous marketplace, you do not have all the answers.
The type of leader needed now is a transformational leader.
There are six leadership styles that are especially effective for transformational leadership:
1. Collaborative Leadership, 2. Purposeful Leadership, 3. Adaptive Leadership, 4. Coaching Leadership, 5. Thought Leadership, 6. Empathetic Leadership
See you then.
TRANSCRIPT
Your firm does not need more experts. What it does need is more leaders — and not just any type of leader. You need leaders who can actually lead.
The type of leader needed now is a transformational leader. Unfortunately, because of the environment you work in, most leaders in professional services are transactional.
Here is the problem with transactional leadership. It manages work rather than leading people. It focuses on time rather than outcomes. It relies on data but ignores emotions.
Transactional leadership creates a ceiling — for individuals, for teams, for firms, and for organisations.
So, this month, you are going to explore the power of transformational leadership. Whereas transactional leadership manages what is, transformational leadership helps shape what could be.
There are six leadership styles that are especially effective for transformational leadership in professional services:
The first is collaborative leadership. The second is purposeful leadership. The third is adaptive leadership. Next is coaching leadership. Then there is thought leadership. And finally, empathetic leadership.
None of these styles is used in isolation. Great leaders shift fluidly, adapting to the needs of the people they work with and the situation at hand.
Over the next couple of weeks, short videos will guide you through each of these styles and help you develop into a more transformational leader. See you then.
Watch or listen to this episode
