Transformational Leadership (Essay Sample)

An analysis of Jack Ma as a transformational leader Jack Ma is the founder of Alibaba Group, one of the most visited online shopping companies in the world. The company relies on Ma’s dynamic and ever-evolving kind of leadership. Forbes magazine ranks Jack Ma as the fifth richest individual worth a $36billion fortune as of 24th January 2022 (Jack Ma, 2022). Jack Ma has a significant following on social media, with 656.2k followers on Twitter and slightly over 800k on Facebook, accounts which have not been updated since October 2020. However, Jack Ma is no novice to controversy. A significant chunk of his encounters with the China government emanates from the growing criticism against his businesses. Recently, he became a public enemy, with some referring to him as a “villain”, an “evil capitalist” and “bloodsucking ghost”. So much trouble had he put himself into that the Chinese government opened an antitrust investigation into Ant Group, the mother company of Alibaba, the e-commerce powerhouse he co-founded. The New York Times reports that the authorities also curtailed Ant Group’s planned initial public offering (IPO) after Ma publicly chastised financial regulators for obsession with minimizing risk, accusing the banks of behaving like ‘pawnshops’ by lending only to those who can offer collateral (Yuan, 2020). This paper seeks to scrutinise the extent to which Jack Ma can be considered a transformational leader from a ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"ArCVfwe5","properties":{"formattedCitation":"(Reza, 2019)","plainCitation":"(Reza, 2019)","noteIndex":0},"citationItems":[{"id":63,"uris":["http://zotero.org/users/8776034/items/HR7TQZY6"],"uri":["http://zotero.org/users/8776034/items/HR7TQZY6"],"itemData":{"id":63,"type":"article-journal","abstract":"Leadership is one of the most fascinating matters of human being at all times throughout the whole world. Transformational leadership theory is a noticeable representative of the new theories that have occupied focus point in leadership study. The transformational theory of leadership developed by Burns (1978) and Bass (1985) and both are explained it with some models. Transformational leaders work to enhance the motivation and commitment of followers by directing their behavior toward a shared vision. The steady progress in today’s business is not achievable without adopting the transformational leadership and accomplish the objectives of enterprise smoothly. The determination of this article is to review and analysis the elements of transformational leadership theory and practice based on existing literature review.","issue":"3","language":"en","page":"8","source":"Zotero","title":"COMPONENTS OF TRANSFORMATIONAL LEADERSHIP BEHAVIOR","volume":"5","author":[{"family":"Reza","given":"Manjurul Hossain"}],"issued":{"date-parts":[["2019"]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Reza, 2019) framework, and analyse the actions preceding his fallout with the government. The dimensions of transformational leadership to be examined will be idealized influence and inspirational motivation. Transformational leadership framework Transformational leaders are often pre-judged by their aptitude to motivate, support teams, or boost confidence ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"GzLmUVsJ","properties":{"formattedCitation":"(Jaroliya and Gyanchandani, 2021; Pasovska and Miceski, 2018; Reza, 2019)","plainCitation":"(Jaroliya and Gyanchandani, 2021; Pasovska and Miceski, 2018; Reza, 2019)","noteIndex":0},"citationItems":[{"id":48,"uris":["http://zotero.org/users/8776034/items/EHCMRCIB"],"uri":["http://zotero.org/users/8776034/items/EHCMRCIB"],"itemData":{"id":48,"type":"article-journal","abstract":"Purpose – A leader plays an important role in the growth of an organization. The leader is a person who influences the standards, structure, culture and behaviour of the individuals employed in the organization. A leader also has effects on the result and productivity of teams. The purpose of this paper is to analyze the effect of transformational leadership style on team performance. This paper will also analyze the existence of a relationship between transformational leadership style and team performance.","container-title":"Vilakshan - XIMB Journal of Management","DOI":"10.1108/XJM-10-2020-0167","ISSN":"0973-1954, 2633-9439","issue":"ahead-of-print","journalAbbreviation":"XJM","language":"en","source":"DOI.org (Crossref)","title":"Transformational leadership style: a boost or hindrance to team performance in IT sector","title-short":"Transformational leadership style","URL":"https://www.emerald.com/insight/content/doi/10.1108/XJM-10-2020-0167/full/html","volume":"ahead-of-print","author":[{"family":"Jaroliya","given":"Dr. Deepak"},{"family":"Gyanchandani","given":"Rajni"}],"accessed":{"date-parts":[["2022",1,24]]},"issued":{"date-parts":[["2021",8,20]]}}},{"id":29,"uris":["http://zotero.org/users/8776034/items/47PHWV7H"],"uri":["http://zotero.org/users/8776034/items/47PHWV7H"],"itemData":{"id":29,"type":"article-journal","abstract":"Transformational leadership has a major impact on the improvement of organizational culture and success. It affects change in cultural characteristics of the individual and improvement of human achievements in all areas, thus creating a long-term positive approach of a person. It results in positive transformation of a person and improvement of its potentials.","container-title":"International Journal for Innovation Education and Research","DOI":"10.31686/ijier.vol6.iss2.957","ISSN":"2411-2933, 2411-3123","issue":"2","journalAbbreviation":"IJIER","language":"en","page":"235-246","source":"DOI.org (Crossref)","title":"The impact of transformational leadership in improvement of the organizational capability","volume":"6","author":[{"family":"Pasovska","given":"Silvana"},{"family":"Miceski","given":"Trajko"}],"issued":{"date-parts":[["2018",2,28]]}}},{"id":63,"uris":["http://zotero.org/users/8776034/items/HR7TQZY6"],"uri":["http://zotero.org/users/8776034/items/HR7TQZY6"],"itemData":{"id":63,"type":"article-journal","abstract":"Leadership is one of the most fascinating matters of human being at all times throughout the whole world. Transformational leadership theory is a noticeable representative of the new theories that have occupied focus point in leadership study. The transformational theory of leadership developed by Burns (1978) and Bass (1985) and both are explained it with some models. Transformational leaders work to enhance the motivation and commitment of followers by directing their behavior toward a shared vision. The steady progress in today’s business is not achievable without adopting the transformational leadership and accomplish the objectives of enterprise smoothly. The determination of this article is to review and analysis the elements of transformational leadership theory and practice based on existing literature review.","issue":"3","language":"en","page":"8","source":"Zotero","title":"COMPONENTS OF TRANSFORMATIONAL LEADERSHIP BEHAVIOR","volume":"5","author":[{"family":"Reza","given":"Manjurul Hossain"}],"issued":{"date-parts":[["2019"]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Jaroliya and Gyanchandani, 2021; Pasovska and Miceski, 2018; Reza, 2019). Transformational leadership theory designates that a leader unswervingly influences and transforms their follower’s thoughts through raising their awareness, speaking out their vision and encouraging them to align their interest with that of the organization ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"ZzHg07Jo","properties":{"formattedCitation":"(Magasi, 2021)","plainCitation":"(Magasi, 2021)","noteIndex":0},"citationItems":[{"id":46,"uris":["http://zotero.org/users/8776034/items/EZIJK3B4"],"uri":["http://zotero.org/users/8776034/items/EZIJK3B4"],"itemData":{"id":46,"type":"article-journal","abstract":"Critical literature review revealed that individualised consideration and intellectual stimulation factors of transformational leadership are the heart of employee empowerment. This study is important because there was little and discrete information on how individualised consideration and intellectual stimulation empower the performance of banking sector employees in the Dar es Salaam city. The study, therefore, examined the role of transformational leadership on employee performance based on employee empowerment perspective. A sample of 325 banking sector employees was surveyed using a self-administered structured questionnaire. Multiple linear regressions were employed to find the relationship between individualised consideration and intellectual stimulation with the performance of banking sector employees. A Statistical Package for Social Sciences was employed as an analytical tool for quantitative data. An in-depth interview was conducted to twelve employees who were selected by using the purposive sampling technique from twelve different banks. Thematic analysis was used to analyse qualitative data from in-depth interview to supplement the quantitative findings. The study revealed that individualised consideration and intellectual stimulation had a positive relationship with the performance of banking sector employees. That relationship was enhanced by effectively empowering employees and also fostering an environment that encourages learning, creativity and innovation. The study recommends that leaders in any bank’s section have to empower employees and foster the learning, creativity and innovation environment as the preconditions for enhanced employees’ performance. However, the study was done in the Dar es Salaam city and therefore limiting the generalisation of the results due to contextual differences in sub-Saharan countries. The study contributes to knowledge that individualised consideration and intellectual...