TRANSFORMATIONAL LEADERS IN THE VIRTUAL TEAMS

Due to the technological developments the new way of working known as 'global virtual teams' (GVT) emerged. Doing the business globally, across borders in diversified environment has become a huge challenge to the leaders of such teams, who should apply the appropriate leadership model. The aim of the article is to verify if the transformational leadership model is adequate to manage such teams. Author identified and described the transformational leadership qualities of the virtual team's leaders. The methodology for this study is a review of the relevant literature on transformational leadership in the global virtual teams. The critical analysis of literature enabled to identify the desired transformational leadership attributes such as integrity and self-confidence. Transformational virtual leader should exhibit a genuine concern for others and develop potential, empower and define boundaries of responsibility. The higher level of satisfaction with a transformational leader in virtual teams is observed. The literature review conducted in this paper reveals the gap in the research on the transformational leadership model in global virtual teams and its impact on the performance of those teams. The literature review gives an insight in the current state of knowledge in this field required for leaders working in diverse virtual teams in multinational corporations.