Question 1 [15 Marks]

Imagine you are the project manager of a multinational organization tasked with leading a high-stakes project aimed at implementing a new product strategy. The success of this project is crucial for the company's future growth and competitiveness. Inspired by Nelson Mandela's leadership style, you decide to adopt a transformational leadership approach to guide your team towards achieving extraordinary results.

a) Briefly elaborate on the concept of transformational leadership.

(3) b) Explain the four factors of Transformational Leadership and provide an example for each factor. (12)