The problem with dichotomies, however fun, is that they are overt and sometimes misleading oversimplifications. But in the real world tidy constructs become messes, and dichotomies become continuums. The real question is: Where are you on the continuum?
And the answer is: It depends on the situation. You may be a transactional leader one day and a transformative leader the next. You may be internally directed one day and externally directed a week from Tuesday.
And then there is what I consider to be the ultimate knee-jerk dichotomy:
Are you a manager or a leader?
Read the rest of my piece at here Inc.