TAXONOMY OF LEADERSHIP THEORIES
Theorists have developed different theories to understand and explain leadership from an indepth perspective. This paper will analyze four taxonomical theories to explain leadership and
why some people are better leaders than other people. It shall examine situational theory,
contingency theory, transformational theory, and leader-member exchange theory.
Taxonomy of leadership theories
Leadership theories explain why and how people become leaders. These theories often
focus on different characteristics of leaders while some attempt to identify specific behaviors that
individuals adopt in a bid to improve their leadership abilities. Different theories have been
invented to explain leadership and why some people make better leaders than others. Some
theories have proposed that people were born leaders while others state that leaders are skills that
are learned throughout an individual's life. This paper will bring an understanding of leadership
theories by analyzing four leadership theories in detail by mentioning the name of the theory,
author, and year that the theory was introduced and essential components of the theory. The
researcher will review four leadership theories among them being the situational theory,
transformational theory, contingency, and leader-member exchange theories.
This theory was introduced in 1969 by Hersey and Blanchard, and it is construed on the
premise that every circumstance requires a specific leadership style. According to this theory, no
leadership style is considered best since leaders are expected to select the best course of action
based on sit...