LEADERSHIP STYLE AND THE ECONOMIC EFFICIENCY OF AN ORGANIZATION
Keywords:
leadership style, organization, economic efficiency, management, transformational leadership, transactional leadership, labor productivity, organizational culture.Abstract
This article theoretically examines the influence of leadership styles on the economic efficiency of organizations. The specific characteristics of autocratic, democratic, and laissez-faire leadership styles are analyzed. Transformational and transactional leadership theories are reviewed. The dependence of employee productivity, organizational culture, and financial outcomes on leadership style is substantiated. The importance of adaptive leadership models in modern organizations is revealed. Conclusions are formulated regarding the role of leadership quality in enhancing management efficiency.
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