Transactional leadership is a management style focused on clear structures and rewards. Leaders using this approach establish specific goals and expectations for their team members. They motivate employees through a system of rewards and punishments, ensuring that tasks are completed efficiently. This style is often seen in organizations where performance can be easily measured, such as in sales teams or manufacturing. In a transactional leadership environment, communication is typically straightforward and task-oriented. Leaders like Bill Gates have utilized this style to drive results, emphasizing accountability and performance. While effective for achieving short-term goals, this approach may not foster creativity or long-term innovation among team members.