2. Creativity
Charismatic leaders often think outside the box and aren’t afraid to take risks. This means that they tend to come up with creative solutions. When a problem arises, strong leaders rise to the challenge—instead of falling to it. When they come up with creative solutions often times this can lead to positive change that will ultimately transform the business in a good way.

3. Vision
Leaders with great charisma are constantly looking towards the future and ways to improve it. They follow their goals and know exactly what they are striving to achieve. Show that you have a vision by expressing it to others on your team. If they know you’re looking to improve the future in some capacity, they will take note.

4. Determination
In order to achieve their vision, leaders have to be determined to hit those goals. Even when they run into challenges, they have to push through. Show your determination as a leader by not giving up when you encounter road blocks and use the other characteristics like creativity and confidence to support your determination. This will surely inspire others.

5. Communication
Great leaders are strong communicators. Specifically, they know to be deliberate and thoughtful in their communication. Strong communicators do not speak in jargon and terms that people may or may not understand. Rather, great communicators speak in plain language that is understood by all. In addition, some of the best leaders I have observed know how to use “stories” to get their message or point across to others. Lastly, being direct and kind is one of the key elements I have seen lead to successful communication.

Before we end this blog post, we would like to enlist a few benefits of charismatic leaders and why an organization needs them:

Charismatic leadership is defined by a leader who uses his or her communication skills, persuasiveness, and charm to influence others. Charismatic leaders, given their ability to connect with people on a deep level, are especially valuable within organizations that are facing a crisis or are struggling to move forward.  

Every charismatic leader looks a little bit different. However, there are many key characteristics that most charismatic leaders share: 

Here are some of the characteristics of transactional leaders:

According to Bass, there are four dimensions to this leadership style, namely:

 

• Accompanying Rewards

Leaders will establish mutually agreed-upon SMART objectives and relate them to the remuneration structure. They establish clear objectives and give the resources required to attain goals.



• Active Management

Transactional leaders aggressively monitor their subordinates' work, looking for departures from rules and standards and taking corrective action to avoid mistakes.



• Passive Management

Transactional leaders only intervene when standards are not met or performance falls short of expectations. They may even resort to punishment in response to poor performance.



• Laissez-faire

The leader creates a setting in which subordinates have several opportunity to make decisions. Because the boss abdicates responsibilities and avoids making decisions, subordinates frequently lack direction.

Bill Gates

Bill Gates was born in Seattle in 1955. In his early teens, he met Paul Allen at the Lakeside School, where they both developed computer programs as a hobby. When Gates went to Harvard, Allen went to work as a programmer for Honeywell in Boston. In 1975, they started Microsoft, and by 1978, the company had grossed $2.5 million, when Gates was 23. In 1985, Microsoft launched Windows. Bill Gates is now one of the richest people in the world. As a transactional leader, he used to visit new product teams and ask difficult questions until he was satisfied that the teams were on track and understood the goal.

Howard Schultz

Howard Schultz was born in 1953 and grew up in the Brooklyn housing projects. He escaped the projects with a football scholarship from Northern Michigan University. After college, he started selling coffee makers to companies that included the Starbucks Coffee Tea and Spice Company, which originally sold coffee beans rather than made-to-order drinks. He was hired by the company in 1982. In 1984, Schultz opened the first Starbucks coffeehouse based on the concept of an Italian espresso bar.

Benefits of transactional leadership

-  This type of leadership is used by the military, law enforcement agencies, and first responders to ensure that all aspects of the organisation are consistent. It's also easier to use in a crisis, when everyone has to know exactly what's expected of them and how to do a task under duress.

-  Money and bonuses are important motivators for many people. Many people require employment in order to pay their bills. They have other responsibilities and distractions, and they'd want to know exactly how to handle them.