What are the characteristics
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What are the characteristics of effective leaders rapidly developing economies
...... The trait theories state that there are some characteristics which make some people more suitable for the leader position than others. These traits are believed to be inherited. Research in this regard is interesting because it is based on observational methods having leaders at their centre. However, these theories fail to explain why different people, although sharing the same traits do not have the same leadership status
The contingency theories are concentrated on the various contingencies which can influence the characteristics of leadership. According to them, there is no such thing as an universal leadership style that people can apply all through the world, regardless of the situation. On the opposite, different situations request different skills that will turn one into a leader in that particular circumstance. These theories can be further analyzed in order to support the present research, although they are probably no likely to give us a decisive answer......
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