Transformational Style of Leadership and Psychological Capital
The transformational style of leadership is a leadership approach that focuses on inspiring and motivating employees to achieve their full potential. Transformational leaders aim to create a positive and engaging work environment, and to develop their employees' skills and capabilities.
Psychological capital, also known as PsyCap, refers to the positive psychological resources that individuals possess, including self-esteem, optimism, hope, and resilience. These psychological resources can help individuals to cope with stress and adversity, and to perform better in challenging situations.
The transformational style of leadership is well-suited to fostering the development of psychological capital in employees. Transformational leaders believe in the potential of their employees, and they strive to create a positive and supportive work environment that encourages employees to develop their skills and capabilities. This type of leadership can help employees to build their self-esteem and confidence, and to develop a sense of optimism and hope.
Additionally, transformational leaders often use a coaching style of leadership, in which they provide guidance, feedback, and support to help employees learn and grow. This coaching approach can help employees to develop resilience and to learn from their mistakes, which are important components of psychological capital.
Overall, the transformational style of leadership and psychological capital are closely related, and both are important for organizational success. Transformational leaders can help employees to develop their psychological capital, which in turn can help them to perform better and to be more resilient in the face of challenges.
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