Leadership is defined as the ability to influence groups of people in order to make them work and achieve prescribed goals.
Leadership, as a type of managerial interrelationship between the leader and the followers, is based on the combination of authority types most efficient for the current situation. Therefore, it is a function of the personalities of the leader, the followers, and the situational characteristics. It is obvious that there could not be one theory describing the whole phenomena of leadership.
The most well-known theories of leadership include:
The trait or “great people” theory of leadership, which considers the need for the best leaders to demonstrate certain personal characteristics ...