This
paper explains that, contrary to popular understanding, there is no unique
style of
leadership for all situations, and the leader needs to be flexible and change his approach on a
case-to-case basis. The author points out three elements that are seen common to most definitions of leadership. First, leadership is fundamentally a social phenomenon; second, leadership results in changing activities and structuring relationships and, third, to be categorized as a leader, the person must be recognized as having a higher ability to influence decisions. The paper states that there are five key leadership
challenges that form important components of the leadership role: reframe the future; develop commitment; teach and learn; build community; and balance paradox. Table of Contents Executive Summary Introduction Case Study Behavioral Theory Contingency Theory Transformational Theory Analysis of the CEO's Leadership Style Challenges to Leadership