Leadership Styles: A Comprehensive Assessment and Way Forward

A proficient leader exerts influence on their followers in a desirable way to accomplish goals and objectives. The research clearly indicates that various leadership styles may impact an organization's efficacy and performance. The evolution of many leadership styles across time. The information was acquired via a comprehensive assessment of several articles, research papers, and publications on various leadership styles from a range of reputable journals, periodicals, and books. Furthermore, the study suggests that the significance of both transactional and transformational leadership models has increased due to the extensive research conducted in these areas. A successful leader exerts influence on followers, guiding them towards the attainment of goals and objectives. The research indicates that various leadership styles may influence the efficacy and efficiency of a corporation. A systematic and comprehensive analysis of existing literature and research constitutes the methodology employed in this review paper. Various forms of leadership have evolved over time. The knowledge has been acquired via extensive reading of several articles and research papers on leadership styles, as well as a wide range of publications, journals, and books. Also, a lot of research has shown that both transformational and transactional styles of leadership are more important because they are directly related to how leaders do their jobs and because a lot of research has been done on them.

Objective: Understand how the increased competitiveness encourages industries to seek solutions in order to maintain or increase their market share, promoting the manufacturing of quality products at reduced costs. Methodology: In this study, an in-company analysis regarding the Lean performance evaluation methods present in the literature as well as already implemented in the industry was performed, focusing on the gaps of present models and needs for future. Findings: New philosophies arise such as the Lean Manufacturing, which is based on continuous improvement, aiming at optimizing the production system, eliminating waste and using fewer resources. Value Added: Based on the results, and with the objective of allowing comprehensive assessment of Lean performance independently by the companies, and the determination of improvement actions, a Lean performance evaluation method was developed in order to understand the impact in financial and economic figures of the case study. Recommendations: Take into account the main concepts of the social sciences, such as Organizational Culture, Leadership Style and Strategic Approach, considering the link with the financial economic performance.