Leadership and Management Theories and Contemporary Leaders and ...

Academic Paper from the year 2017 in the subject Leadership and Human Resource Management - Leadership, grade: 80, University of South Wales (Business School), course: Leadership and Management Theories, language: English, abstract: This paper attempts to evaluate the application of leadership and management theories to a contemporary organisation.The study criticizes different research data that focus on the transformational leadership theories, characteristics and strategies as they are adopted by different organizations, including the contemporary firms. According to researches, both the transformative management and transitional leadership are evidenced in different organizations as innovative approaches for an efficient management system. Although the contemporary organizations seem to be in a more democratic world, the classical management theories are still paramount and seen as the basis for the today’s innovative contemporary approach. The complexity and dynamic nature of today’s business environments bring necessity on the consideration of strategic management that allows managers to position their firms accordingly. This study focused on the application of different management and leadership theories and their outcomes in today’s organizations, especially Home Business Network Ltd, which is a giant and national leading educational and business consulting company in Rwanda.