First, a brief history of leadership follows. The manuscript also discusses modern leadership challenges and leadership development in the context of all three theories. It presents a comparison and contrast of the key principles of each. It begins with introductory comments about the academic field of leadership, continues with a look at the three theories including their history and development, and proceeds to a micro-level, examining several recent published studies in each area. The most practical leadership textbook on the market, LEADERSHIP, 4th Edition uses a unique three-pronged approach - theory, application, and skill. Introduction This manuscript analyzes three seminal leadership theories: situational leadership, transformational leadership (TL), and transactional leadership. Several types of power are generally considered more effective in achieving positive results from. The manuscript also discusses the concept of leadership development in light of those three seminal theories and offers suggestions for moving forward both the academic study of leadership and the practical application of research findings on the field. seven different types of power (Lussier, & Achua, 2016). Analysis of a sampling of recent articles in each theory is included. This manuscript describes three seminal leadership theories and their development. McCleskey (2014) argued that the study of leadership spans more than 100 years. In order to advance our knowledge of leadership, it is necessary to understand where the study of leadership has been.
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