The formal study of leadership is a relatively recent phenomenon that has led to a large amount of research in the field. As researchers have become more proficient in the study of leadership, new definitions of leadership versus management have been introduced, and new approaches to understanding leadership have been adopted. Major theories regarding leadership have been developed, with additional research uncovering often significant deficiencies in the theories. Nonetheless, business professionals are eager to learn how to become successful leaders themselves, and how to nurture those leaders who are present in their organizations. This research considers approaches to leadership research and major theories which have been studied recently.
The ability to lead is considered by many to be a key characteristic of successful business professionals. The study of leadership has become an important and central part of the literature on management and organizational behavior for several decades. The field of leadership study is an interdisciplinary one, and publications on leadership can be found in management, psychology, sociology, political science, public administration and educational administration. In 1989, a journal devoted exclusively to leadership, the Leadership Quarterly, was initiated.
Understanding the various leadership theories as they apply to formal organizations is crucial to managers and employees alike as they seek to determine which style of leadership works best for them, and in what leadership environments they are likely to thrive.
This research considers a comprehensive definition of leadership, the actual importance of leadership in the workplace, and various approaches that have been taken to understand leadership. Significant leadership theories are also presented. The massive size and scope of the literature on leadership prevents an all-encompassing review of all literature theories; those...