Research and select three leadership theories. Explain how you will implement those theories in your leadership style. Be sure to include specific examples and articulate how each will help you manage in today’s changing and competitive landscape.John Maxwell once said, "Leaders become great not because of their power but their ability to empower others". I can't agree more with it. The numerous leadership theories help us understand how an individual becomes a leader. These theories outline the traits and behaviors that one can adopt and better themselves. The three most important leadership theories which I felt were extremely relevant are below.1. Relationship Theory: The relationship theory mainly focuses on the interactions of the leaders with their respective teams. As a team leader, at my organization, I have a team of almost 10 people reporting to me. It is my responsibility to foster a positive work environment to have better results. Especially with the freshers and interns who have minimal experience, I would be very patient and help them to help themselves. I always encourage them to learn new stuff and be at the top of their game. This way, my team will talk to me about the difficulties they are facing without any fear and I can understand them better and assign the work accordingly.2.Power Theory: The power theory mainly focuses on how a leader utilizes his power productively. That is, how can a leader gets things done by exercising his power. This theory has different perspectives but I chose to look at the positive approach. During the last December, my team had a deadline on a project. But my entire team was stuck up on an issue that can be cleared by the support team which will function based on the first in/first out ticketing system. During that pressurized scenario, I used my connections with the support team and made them prioritize my team's issue first. So, eventually, we did finish the project on time. 3.Contingency Theory: The contingency theory is based on the fact that no one leadership style is suited for different situations. I strongly believe in this. Even the members of the same family think differently. So, it is almost impossible to have like-minded people in a team. The most important quality of a leader is adaptability. In my team, different people will have different approaches to a task. In order to achieve the best result in the given time, I had to deal with them accordingly. The same methodology will not work with everyone. 1.Strengths-Based Leadership: It means identifying our own strengths and also the specific strengths of other individuals to achieve goals. I will support and encourage the team members with their unique strengths. So that it will increase the team performance. I will give appraisals to each and every individual in the team like how good they are working in the team.2.Transformational Leadership: It means where a leader raise the followers with motivation and morality. I will inspire the team to achieve the expectations and rewards. I will take the concerns from the individual. I will motivate and encourage them to reach the expectations.3.Leader-Member Exchange Theory: It means that in any organization it contains In-group and out-group people. The In-group people will work well with the leaders, they also frequently willing to take additional assignments and duties, will have a good identity that fits with the leaders. The Out-group people will show less interest in taking up the additional assignments and duties. They are less suited with the leader and less identity. I will make a note of out-group people and analyze why these people are less motive in taking the tasks at work, why they are not good at work. Actually I will examine the work what they have done and compare the realities with my perceptions and I will check whether they match or not. I will do one-on-one meetings with each and every individual in this group and will find out if they are happy with job or facing any difficulties. I will motivate and reestablish a good relationship with them.