Abstract:
The leadership style is the manner of providing direction, implementing strategies and
motivating individuals towards the attainment of the desired objectives. Leadership styles
are replicated in attitudes and behaviors but these in turn are the outcome of complex
interactions between the way individuals think and feel. The researchers highlighted
diverse approaches/ styles to leadership that are based on different assumptions and
theories. As the time passed, the analysts have worked out to evolve various models,
theories and assumptions regarding the leadership styles. The crux of their research was
to elaborate the effectiveness of leadership in the re-organization including the
establishment of authority, inducing sense of responsibility, streamlining and addressing
the employees’ issues in the context of already prevailing situation. Resultantly, among
many others, two styles of leadership became much prominent namely transformational
and transactional leadership. These two styles have been analyzed in the different socio economic and academic sectors with their distinct advantages. Presently, these two styles
are worked out in the different situation depending upon the nature and context
