2. Transformational Leadership: Strength and Weaknesses
Transformational leadership has emerged as the most effective leadership style, especially in corporate organizations. This is because transformational leaders inspire employees by helping them find self-worth in the work they do.
Transformational leaders have charm, give inspiration, and boost intellectual incentives. These qualities aid correspondence processes and organizational learning which empower organizations to be more inventive. Provided, via the communication process, transformational leadership thus contributes towards innovation indirectly as well as the development of organizational intellectual creation (Garcia-Morales, Barrionuevo and Gutierrez, 2012). Furthermore, in view of the presence of both strategic influences (communication and organizational learning) and the interrelation between them, transformational leadership has an indirect impact on innovation.
This transformational leadership style has not only helped Fernandes transform Air Asia but the airline industry in South East Asia as well (Janeo, 2016). He managed to negotiate with the surrounding nations and opened up the countries to new low-cost carriers which did not have any prior open skies agreements. As a result of his lobbying in 2003, Air Asia and other discount carriers were granted landing rights by the nations. He has also invested in the new type fuel-efficient Airbus 320 that lowered maintenance costs for the airline and