What are the three types of leaders mentioned?

The three types of leaders identified in the context of talent management and organizational behavior are indeed transactional, transformational, and servant. Each of these leadership styles plays a crucial role in how leaders approach their teams and influence organizational culture.

Transactional leadership focuses on the exchange between leaders and followers, where rewards and punishments are used to motivate compliance and performance. This style is effective in situations where tasks are clear, and adherence to processes is critical, making it suitable for organizations that thrive on routine and structure.

Transformational leadership, on the other hand, emphasizes inspiring and motivating followers to achieve their highest potential, often leading to meaningful change within the organization. This approach fosters innovation and encourages team members to engage in the vision of the organization, cultivating a culture of enthusiasm and commitment.

Servant leadership prioritizes the development and well-being of team members, focusing on serving others first. This leadership style is about empowering individuals and putting their needs above the leader's own interests, which can lead to high levels of trust and collaboration within a team.

Understanding these leadership styles is essential for talent management practitioners as they inform hiring, training, and development strategies within organizations, influencing how leaders engage with their teams to achieve organizational goals effectively.