This document defines transformational leadership and describes its key aspects. Transformational leaders inspire and motivate followers to achieve extraordinary goals and develop their own leadership skills. They do this by responding to individual needs and empowering followers. The document outlines James MacGregor Burns' and Bernard Bass' theories on transformational leadership. It describes the four components of transformational leadership as idealized influence, inspirational motivation, intellectual stimulation, and individualized consideration. Benefits include developing future leaders and innovations, while limitations include lacking conceptual clarity and depending on the leader's abilities.