The Fiedler Model of leadership is a contingency theory and states that a leader's effectiveness is based on the situation. There is no one best style of leadership and the effectiveness of a leader in an organization depends on matching the leader to the situation. Leaders should determine the natural leadership style and assess the situation to flex the style.
Authentic leadership is a new approach to leadership in which leaders are genuine, self-aware, transparent, build honest relationships, and work on an ethical foundation. Authenticity is one of the core values of leadership. Authentic leaders have truthful self-concepts and they inspire by promoting openness by acting in a real, genuine, and sincere way. Authenticity requires self-awareness and the ability to act in accordance with one's true self.
McClelland's Theory of Needs is a human motivation theory which states that an individual's specific needs are acquired over time through our culture and life experiences. As per the three needs theory, these acquired needs significantly influence the behavior of an individual. The three main driving motivators are the needs for achievement, affiliation, and power.
Blake and Mouton Managerial Grid is a style leadership model that identified five manager styles based on two dimensions viz concern for people and the concern for production. Managerial Grid uses concern for production style which is largely based on McGregor's Theory X.
Trait theories of leadership identify the specific personality traits that distinguish leaders from non-leaders. The trait model of leadership is based on the traits or characteristics of leaders that make them successful in their leading role. These theories use heritable attributes to predict leadership effectiveness.
Maslow's hierarchy of needs is a motivational theory that explains that people are motivated by five basic categories of human needs. These needs are physiological, safety, love and belonging, esteem, and self-actualization. There is a little scientific basis for this concept of a hierarchy of needs.
University of Iowa Studies was the first leadership study to analyze leadership using scientific methodology. The study was conducted by Lewin, Lippitt, and White and worked on different styles of leadership. The studies explored three leadership styles - authoritarian, democratic, and laissez-fair leaders. This early study was very influential and established three major leadership styles.
Self-leadership is a normative model of self-influence by the use of several behavioral strategies to gain a comprehensive self-influence perspective about oneself. Self-leadership is developing an understanding of your capabilities and abilities to influence your own communication, emotions, and behaviors to lead and influence others. Self-leadership is about personal growth and developing foresight.
Transactional Theory of Leadership
Transactional leadership theory is based on the concept of rewards and punishments. The transactional management approach assumes that the desires of the leader and follower are different and leaders give followers something in exchange for getting something they want. Transactional leaders expect followers to be compliant and focuses on structure, instruction, monitoring, organization, or performance to get tasks completed on time.
According to the three-skill approach of Katz, the individual's leadership abilities vary depending on where leaders are in a management hierarchy. The practical implication of skills approach to leadership is that leaders can improve their capabilities in leadership skills through training and experience.
Five Factors Model (FFM) also known as Five-Factor Personality Model is based on five broad personality traits which are extraversion, neuroticism, openness to experience, agreeableness, and conscientiousness represented by acronym OCEAN, these traits are often referred to as the “Big Five”.
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