CHARISMATIC AND TRANSFORMATIONAL LEADERSHIP: APPROACHES FOR EFFECTING CHANGE

The theory and practice show that transactional leadership is a necessary, evolutionary path to transformational and charismatic leadership of the time in a relatively stable business environment, time for operating in a turbulent environment with many unknowns. Transformation phase and charismatic leadership are characterized by different interactions of social actors, initiative, efficiency and effectiveness, readiness for change and variety of strategic choices in accordance with the requirements of the environment and the perception of new vision and business goals. It is an evolutionary path that coexists with the changes in the environment and the inevitability of the appearance of transformational and charismatic leadership as a complex process based on the individual vision, courage and willingness to learn, openness to followers and values that include better and more efficiently, based on a radical change in the organization and environment.