Research the key leaders in Ralph Lauren Corporation. Common leaders to consider researching include the CEO, President, Vice President, CFO, and any board members. Based on what you find in your research, do you feel the company leaders are generally more transactional or transformational leaders? Why? Given the current circumstances of your company and the economic environment in which they operate, do you feel the leaders are demonstrating the best leadership form possible? (transactional versus transformational). Why or why not? Your source must be no more than 8 weeks old.
transformational leadership – leadership that goes beyond ordinary expectations by transmitting a sense of mission, stimulating learning experiences, and inspiring new ways of thinking.
Transactional Leadersip – clarify employee roles, task requirments, and proivde appropriate rewards. They stress inpersonal factors such as plans, schedules, and budgets.
The seven keys to successful leadership: trusting one’s subordinates, developing a vision, keeping cool, encouraging risk, being an expert, inviting dissent, and simplifying things.