Important Questions with Solutions

Panjab University – Important Questions | Curated by Jeevansh Manocha, Student at Government College Ludhiana (East)

Q20. Critically examine various theories of leadership.

Introduction. Leadership is one of the most important concepts in the study of organisational behaviour. It may be defined as the ability to influence the behaviour of others in order to achieve group and organisational goals. While management relies on authority, rules and formal structure, leadership emphasises influence, inspiration, guidance and persuasion. Because of its importance, many theories have been developed to explain what makes an effective leader. Each theory highlights certain aspects of leadership and provides useful, but partial, understanding. In this answer we shall briefly explain and critically examine the main theories of leadership usually discussed at B.Com level – trait theory, behavioural theories, situational/contingency theories and modern approaches.

1. Trait Theory of Leadership

Basic idea. Trait theory is one of the earliest approaches. It assumes that leaders are born, not made, and that effective leaders possess certain inherent personal qualities or traits which distinguish them from non-leaders.

(a) Important leadership traits

Various studies identified traits such as:

(b) Contributions / merits

(c) Limitations / critical evaluation

Conclusion on trait theory: It is useful in highlighting the role of personal qualities but is insufficient and incomplete as an explanation of leadership.

2. Behavioural Theories of Leadership

Behavioural theories shifted attention from “what leaders are” (traits) to “what leaders do” (behaviour). They attempt to identify patterns of leadership behaviour that are associated with effective performance.

2.1 Ohio State Studies

2.2 Michigan Studies

2.3 Managerial Grid (Blake and Mouton)

Behavioural theories – merits

Behavioural theories – limitations / criticism

Conclusion: Behavioural theories are more realistic than trait theory and provide a useful framework, but they still do not fully explain leadership effectiveness without considering the situation.

3. Situational / Contingency Theories of Leadership

Situational theories argue that no single style is best in all situations. The effectiveness of a leadership style depends on the interaction between the leader, the followers and the situation. The leader must adapt his style according to situational variables.

3.1 Fiedler’s Contingency Model

Evaluation of Fiedler

3.2 Tannenbaum and Schmidt’s Leadership Continuum (brief)

3.3 Hersey and Blanchard’s Situational Leadership Theory (conceptual)

Evaluation of situational theories (overall)

4. Modern Theories: Transactional and Transformational Leadership

4.1 Transactional Leadership

4.2 Transformational Leadership

Evaluation of transactional vs transformational leadership

Overall Critical Examination of Leadership Theories

1. No single theory is complete

2. Increasing refinement over time

3. Practical implications for managers

4. Limitations of research and application

Conclusion. To conclude, various theories of leadership – trait, behavioural, situational/contingency and modern approaches like transactional and transformational leadership – have together enriched our understanding of how leaders influence followers and achieve organisational goals. Trait theory highlights the role of personal qualities but ignores situational demands. Behavioural theories focus on task and people orientation but search for a universal style. Situational theories rightly stress that different situations require different styles, while modern theories emphasise vision, inspiration and change management. No single theory is perfect, yet each provides valuable insights. An effective manager, therefore, does not blindly follow any one theory; rather, he combines the useful elements of all theories, develops appropriate traits, adopts flexible behaviour, analyses situational demands and, where possible, provides transformational leadership to guide his team towards higher performance and satisfaction.

This answer forms part of a carefully curated set of important questions that have frequently appeared in past university examinations and therefore hold a high probability of reappearing in future assessments. While prepared with academic accuracy and aligned with the standard B.Com (Sem I) syllabus of Psychology for Managers (Kalyani Publications — Shashi K. Gupta & Rosy Joshi), these notes should be treated as high-quality preparation material rather than a guaranteed prediction of any upcoming exam paper.