Leadership:Theory and Practice

Leadership—has always been a fascinating subject both for practitioners and for students—as well as in the fields of management and other more powerful areas such as politics and military. Every decade has to find new methods of dealing with older concepts and reorient those interested on the challenges peculiar to that decade. The fall of Soviet Union deeply affected the 1990s almost to the point of announcing the conquest of socialism by capitalism. The failure of market mechanism in the last years of the first decade of the new millennium is throwing up a new definition of leadership —and an agonizing reappraisal of both the theory and practice.