Discover the 7 Major Leadership Theories in Business Management

1. Exploring the leadership theories in business management for writing dissertation topics Dr. Nancy Agnes, Head, Technical Operations, Tutorsindia info@ tutorsindia.com I.INTRODUCTION knowing the right and relevant leadership theories for your dissertation topics. III.LEADERSHIP THEORIES FOR DISSERTATION TOPICS Depending on the type of dissertation topic, choosing the leadership theories is easier said than done. It may solve a problem, increase sales by removing bottlenecks, or develop business among competition. For you to choose the right one for applying it to build your dissertation topic, many leadership theories include. If you search for leadership theories to build your dissertation topic and theoretical framework, you are in the right place. Leadership is always an exciting and evergreen topic in behavioural studies. Depending on the many ways of thinking, there are over 66 leadership theories. dissertations without confusion between a leader and manager is challenging even for the brightest minds. Hence, explore a few current leadership theories and models to apply for building your management dissertation topics. II. WHAT IS LEADERSHIP? Leadership is the process wherein an individual influences an individual to achieve a common goal. Hence it is not a trait, behaviour, or position but one made by the influence you make on others. Only leaders can influence the employees to offer their best to develop an organisation or any work. Merely giving orders, making schedules, and reviewing performances, requires dedication and a wide range of skills. It is why small to big companies worldwide need leaders to grow their businesses by overcoming the many challenges. Hence it becomes essential for management and Writing your the severe theories, Among "Transformational leadership theories are the most effective style to use in business situations". i) Transformational Leadership Theory The Transformational Leadership theory, also known as Relationship theories, focuses on the relationship between the leaders and followers. This theory inspirational and these leadership and Transactional talks about leader charismatic Copyright © 2021 TutorsIndia. All rights 1

2. inspiring their followers to change and become better at a task. Transformational leaders classically motivated by their ability to show their followers the significance of the task and the higher good involved in performing it. These leaders are focused not only on the team's performance but also on individual team members' required push to reach their potential. This leadership theory will help you to sharp your Skill. (LMX). Psychological empowerment has been investigated. It's discussed how leaders can benefit from these findings, including modifying one's delivery of transactional leadership approaches. Figure 1 shows the coefficients for all paths in the hypothesized model. Figure 1. Estimated Mediation Model1 ii) Transactional Theories Transactional Theories, also referred to as management theories or exchange theories of leadership, revolve around the role of supervision, teamwork and organisation. These theories ponder punishments as the basis for leadership acts. This is also oft-used business theories, and the supporters of this leadership style practice rewards and punishments to inspire employees. IV. RECENT RESEARCH ON TRANSFORMATIONAL AND TRANSACTIONAL LEADERSHIP THEORIES i. A Meta-Analysis of Transactional Leadership and Follower Performance: Double-Edged Effects of LMX and Empowerment In this article1 meta-analytic work for the relationship between leadership and one of the most focal leadership outcomes: follower performance. The transactional performance is discussed using a meta- analytically tests model based on social exchange theory and self-determination theory. Transactional leadership is theorized to affect follower performance sequentially through the leader-member rewards and ii. Entrepreneurs: Transactional Styles In this review work2, policy change in both transactional and leadership styles of policy entrepreneurs has been discussed. India's overall policy changes during the NDA rule of 2014–2019 were taken into account, focusing only on political policy entrepreneurs. qualitative data helped in designing the questionnaire, which consequently got filled by 158 respondents. The results established the positive and significant relationship of both styles with policy changes. However, transformational leadership behavior is preferable to transactional in influencing policy changes. Leadership of A Political Comparison Transformational Policy of and transformational The transactional leadership follower iii. Bolstering Workplace Psychological Well-Being Through Transactional and exchange Copyright © 2021 TutorsIndia. All rights 2

3. Transformational The work3 focus on leadership and related (e.g., organizational resources, applied theoretical or empirical study of employee psychological well-being. Researchers have instead focused primarily on subjective well-being (e.g., job satisfaction, life satisfaction, and positive affect). This research work focuses on four contributions. The work intends to provide propositions to encourage the field to reach beyond subjective well-being by theorising new linkages between leadership, psychological well-being, and follower work behaviour. The work seeks to enrich our understanding of the underpinnings of thriving and performance in the workplace. Similarly, other related studies by Albert et al. 4, Alrowwad et al. 5, Jacobsen et.al6 have also discussed the transactional and transformational leadership effectiveness. V. FUTURE SCOPE The future work needed for current and future scholars in the realm of leadership: Additional empirical studies of leadership- especially experimental experimental lab and field studies as well as longitudinal, process-oriented, and dynamic studiesFuller accounting of context, both conceptually and empirically, in leadership research: whether context-specific, or context-free Fuller accounting of culture, both conceptually and empirically, in leadership research: whether culture-dependent, culture-free (universalistic) understanding of the "dark side" of leaders and leadership to complement the more advanced knowledge about the "bright side" of leaders and leadership understanding of biological and genetic Leadership components understanding of the cognitive-emotional interface in leaders and for leadership Additional work on minorities (who will soon be the majorities) in leadership and minority (who will soon be the new majority) leaders Complete development of multilevel issues in terms of leadership theory, concepts, relationships, measures, data analysis, and inference drawing of leadership A better behavior, psychology) human the construct usage, Tutors India offers Selection of Unique Dissertation Topic on Leadership theories with help of the Academic Expertise. These Subject-Matter Expertise are fully capable of writing on any thesis subject. Help you to gain the best grade on your Course . REFERENCES 1. Young HR, Glerum DR, Joseph DL, McCord, MA. A Meta-Analysis of Transactional Leadership and Follower Performance: Double-Edged Effects of LMX and Empowerment. Journal of Management. March 2020. doi:10.1177/0149206320908646. and quasi- context-dependent, 2. Mishra, S.S. Leadership of Political Policy Entrepreneurs: a Comparison of Transactional and Transformational Styles. Public Organiz Rev (2021). https://doi.org/10.1007/s11115-021-00508-6. culture-specific or 3. Hannah ST, Perez ALU, Lester PB, Quick JC. Bolstering Workplace Psychological Well-Being Through Transactional and Transformational Leadership. Journal of Leadership & Organizational Studies. 2020;27(3):222-240. doi:10.1177/1548051820933623. A better A better 4.Puni, A., Hilton, S.K. and Quao, B. (2020), "The interaction effect of transactional-transformational Copyright © 2021 TutorsIndia. All rights 3

4. leadership on employee commitment in a developing country", Management Research Review, Vol. 44 No. 3, pp. 399-417. https://doi.org/10.1108/MRR-03-2020-0153. 5.Alrowwad, A., Abualoush, S.H. and Masa'deh, R. (2020), "Innovation and intellectual capital as intermediary variables among transformational leadership, transactional leadership, and organisational performance", Journal of Management Development, Vol. 39 No. 2, pp. 196-222. https://doi.org/10.1108/JMD-02-2019-0062 6.Christian Bøtcher Jacobsen Lotte Bøgh Andersen Anne Bøllingtoft Tine Louise Mundbjerg Eriksen,Can Leadership Training Improve Organizational Effectiveness? Evidence from a Randomized Field Experiment on Transformational and Transactional Leadership,Public Administration Review, 2021, https://doi.org/10.1111/puar.13356. Copyright © 2021 TutorsIndia. All rights 4