What type of leadership is characterized by bringing about significant changes to enhance business performance?

Transformational leadership is characterized by inspiring and motivating employees to achieve significant changes that enhance overall business performance. This leadership style involves creating a vision for the organization's future, fostering innovation, and encouraging team members to embrace change. Transformational leaders focus on developing their followers by providing support and stimulating intellectual engagement, which empowers employees to exceed their own expectations and contribute to the company’s long-term goals.

In contrast, transactional leadership primarily focuses on structured tasks and rewards for performance, which may not lead to transformative changes in business performance. Autocratic leadership involves making decisions unilaterally without input from team members, limiting the potential for innovation and employee engagement. Servant leadership emphasizes the leader's role in serving their team, prioritizing the needs of others, and fostering a supportive work environment, but it may not focus on driving significant changes to enhance performance as directly as transformational leadership does.