Leadership theory

    How people become leaders and what makes a great leader have been the subject of study for centuries. The 19th century was dominated by the Great Man Theory, which stressed that leadership is a unique, natural skill and that great leaders are born to the task.

    List of transactional leadership traits
    Transactional leadership is one approach to leading people.

    The following are some of the many leadership theories advanced in the 20th century:

    • Trait theory dates to the mid-20th century and it centers on the idea that some people are born with certain personality traits that make them great leaders, such as integrity and self-confidence.
    • Situational leadership is where the leadership style is adjusted based on the readiness or skill-level of followers in a given situation.
    • Contingency theory posits that effective leadership depends on having the right leader for the right situation.
    • Transactional leadership is an approach where leaders reward or punish followers to achieve results.
    • Transformational leadership is where leaders appeal to followers’ values and emotions to transform the way they think and approach their work or life.
    • Behaviorist theory encompasses a person’s leadership skills are developed and trained as products of their environment.
    • Behavioral theory is where a leader models certain behaviors, setting a good example for others to follow.
    • Functional theory is leadership based on a collection of people’s behaviors and group dynamics, not individuals.
    • Path goal theory is where leaders set goals and smooth the path to those goals to motivate and drive performance.

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