Organizational Success, Leaders and Leadership Styles: Critical Analysis of Leadership Theories to develop an understanding about Future Leaders Traits proposing Personal Leadership Philosophy

Abstract

Leadership is a vital management function that helps to maximize the efficiency and to achieve the goals of an organization through utilization of available resources in the best direction. Leadership is a quality which is exhibited by a person who successfully marshals his human collaborators to achieve particular ends. Leader influences his team members through his integrity, creates positives work environment, encourages innovation and creativity and promotes the development of positive character traits in individuals. Leader and leadership skills collectively lead an organization to success. Great leaders are strategists and role models for their fellows and act as solid, dependable and inspirational figurehead. This theoretical analysis about leadership was conducted by the principal author during her postgraduate degree to analyze various leadership theories and leadership styles to develop an understanding about the traits and leadership styles necessary for the leader at present and for the future, keeping in view the transitional and reformative changes at organizational level, the rapid globalization with technological advancement and cross-boundary organizational linkages. At the end, the personal philosophy about the leadership has also been suggested. This research is qualitative in nature and is providing a deep and valuable insight about the subject matter after critical analysis of a huge literature, which will be significant not only to indentify a leader within ourselves but also to search the one amongst us who may lead us to our secure and successful future.