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Essay from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1.3, , language: English, abstract: Over the years, political scientists, management scholars and experts, philosophers, psychologists and even sociologist have tried to pin down the leadership essence and proceeded to develop new styles and theories with the aim of meeting the needs of organizations. It is believed that the development of these new insights will make a difference between a successful and unsuccessful leader. However, leadership remains to be a complicated concept because of the assumption that some individuals have inherent attributes, qualities and traits making them better situated to leadership. Thus, leadership may be termed as a natural quality that is possessed by few people whereby natural leaders may use it more effectively by applying the different leadership theories in diverse circumstances. On the other hand, individuals who do not possess leadership naturally can also become effective leaders through diligent training. Although there are several theories of leadership, which may contain slight differences, it is noted that they play significant roles in effective leadership as explored in this essay.