The three primary components of transactional leadership that are usually viewed as helping followers achieve their performance goals are: (1)contingent rewards; (2)active management by exception,and (3)passive management by exception.

These three components of transactional leadership are often cited as key ways that leaders can motivate and guide their followers towards achieving performance goals. Contingent rewards involve offering incentives or rewards to followers based on their performance, while active management by exception involves monitoring followers closely and intervening when problems arise. Passive management by exception, on the other hand, involves only intervening when problems become serious or performance dips below a certain level. Together, these three components can help leaders provide structure and guidance to their teams while also encouraging high levels of performance.