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As technology continues to advance organizational leaders are finding new ways to expand into global markets As the business landscape shifts from one dimensional and domestic to include members from different locations including other countries it is paramount that organizational leaders understand how to leverage these global resources to achieve maximum efficiency and profit Elmuti 2003 Wagner Harter 2007 According to Dr Charles Gratton 2006 one solution that the leaders of many firms have turned to is self-managed virtual teams Only 15 of American organizations do not use virtual teams in some capacity These teams include members from different locations who leverage technology to communicate while operating under a limited hierarchical structure Qureshi et al 2006 The teams typically include highly competent talented resources that can successfully operate in environments that provide autonomy and the team members are often tasked with making important challenging decisions on their ownTransformational leadership and EI are two separate theories but do contribute to one another Brown and Moshavi 2005 determined that EI was one of the major benefits of transformational leaders The ability to understand control and manage emotions was linked with the ability to be an effective transformational leader Brown Moshavi 2005 Current EI theories and models were primarily developed by Daniel Goleman 1995 Frye Bennett and Caldwell 2006 discussed EI as The emotional affective and social skills dimension of general intelligence is critical to performing within organizations Those companies that fail to hire employees that possess these valuable attributes face the opportunity of facing obsolescence and lacking competitive capabilities p 49 Transformational LeadershipTransformational leadership is a managerial practice born of the charismatic leadership and behavioral movement Several similarities can be found between the closely related theories of transformational leadership the behavioral model and charismatic leadership All involve vision inspiration role modeling intellectual stimulation meaning making appeals to higher order needs empowerment setting of high expectations and fostering collective identity Bass and Avolio 1993 Conger 1999
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