What is a Transactional Leader? Meaning, Examples, Pros & Implementation

In the corporate space, structure, results, and accountability still reign supreme in many leadership settings. Enter the transactional leader — a figure known for clear expectations, performance-based rewards, and streamlined execution. But what is a transactional leader, and where does this style shine best?
Let’s unpack the transactional leadership meaning, how it compares to other styles, its history, pros and cons, and how you can apply it effectively in your organisation.