LEADERSHIP STYLES IN THE 21ST CENTURY: A COMPARATIVE ANALYSIS

Abstract

This review paper provides a comparative analysis of leadership styles prevalent in the 21st century, exploring their evolution and impact in contemporary organizational contexts. It examines traditional and modern leadership theories, highlighting the shift towards more adaptive, inclusive, and transformational approaches in response to global and technological changes. The paper discusses key leadership styles such as transformational, transactional, servant, and situational leadership, comparing their effectiveness across various industries and cultural settings. Through an extensive review of recent literature, the paper identifies emerging trends and challenges, including the integration of digital tools, the importance of emotional intelligence, and the growing emphasis on ethical leadership. The analysis aims to provide insights for leaders, scholars, and practitioners seeking to understand and navigate the complexities of modern leadership dynamics, ultimately contributing to the development of more effective leadership strategies in the rapidly evolving 21st-century landscape.