Associate Professor, Department of Business Administration, St. Ann's College of Engineering & Technology, Chirala, Andhra Pradesh
Online published on 4 March, 2015.
Leadership is a process involving interactions between a leader and followers usually subordinates of a company, profoundly affecting the company: It defines or approves the mission or goal of the organisation. This goal setting is a dynamic process for which the leader is ultimately responsible. A strong visionary leader presents and convinces followers that a new course of action is needed for the survival and prosperity of the group in the future. Once a goal is set, the leader assumes the role of ensuring successful accomplishment of the goal. Another vital role of leadership is to represent the group/organisation and link it to the external world in order to obtain vital resources to carry out its mission. When necessary, leadership has to defend the organisation's integrity. The role of leaders in both public and private sectors has been changed in recent years. The stakeholders in both public and private sectors at all levels are riddled with series of problems such as poor performance and attitude of the employees and their cheating. The leaders are blamed for non-performance of their duties and their failure to exhibit appropriate leadership behavior to solve these perennial problems besieging both public and private sector organizations. For analyzing the leadership styles in both public and private sector weighted mean is used and in order to discriminate the public and private sector based on the leadership styles, the discriminant analysis has been employed.