*Research Scholar, Department of Commerce, K.C.S. Kasi Nadar College, Manonmaniam Sundaranar University.
**Principal, VHNSN College, Madurai Kamaraj University.
Online published on 26 October, 2012.
In today's business environment, organizations are faced with dynamic global and economic factors, rapid and turbulent technology changes, the influx of knowledge workers, a global and multicultural workplace, and new organizational designs that reflect changes in communications and decision-making facilitated by technology. Leadership is defined in terms of traits, behaviours, influence, interaction patterns, role relationships and occupations of an administrative position. The chemical industry in India has the potential to grow to around USD 100 billion by 2010 according to KPMG's analysis based on a survey of the industry. The earlier review of the literature on the relationship between leadership and performance and between culture and performance. nds that many commentators note that the performance of an organization is dependent on the conscious alignment of employee values with the espoused values of company strategy.
