Analysis of Walmart leadership Research Paper Example | Topics and Well Written Essays - 750 words

Analysis of Walmart leadership - Research Paper Example Further, he convinces them to change their perceptions, and expectations in the process of achieving a common goal. According to Bass, the transformational leadership is made up of several elements such as; focusing on vital priorities, promoting harmony and unity, motivating followers/workers to focus on a common organization goal, and being consistent in decision making. Thus, transformational leadership moves the subject/follower beyond their immediate self interests via inspiration, individualized consideration and intellectual stimulation. Also, transactional leadership tends to refer to the mutual relationship between the follower and the leader to exchange ideas so as to meet their self interests (Bass, 1985; Yammarino et al., 1993). Transformational leadership tends to produce greater positive effects than other leadership styles. The leaders at Walmart utilize this leadership style while running the organization. The transformational theory is made up of four critical elements; inspirational motivation, intellectual stimulation, idealized influence and individualized consideration. Transformational leadership often leads to excellent performance that tends to go beyond the expected outcomes. Lowe et al. (1996) in his analysis of more than 39 studies done to evaluate transformational theory and leadership found out that leaders who exhibited transformational characteristics proved to be more effective leaders than those who did not. Further he stated that these findings were applicable to both higher and lower level leaders as well as to mangers/leaders working in private and public settings. Tracey and Hinkin (1994, 1996) sought to analyze the nature and formation of transformational leadership in the hospitality industry. Their findings indicated that organizational success in the hospitality business industry required leaders who were able to utilize their vision and recognize the relevant environmental changes and how to manage them