Thirdly, a leader promotes teamwork and collaboration. Effective leaders encourage collaboration, which fosters creativity and innovation, leading to better solutions and outcomes.

-Servant leadership: This theory emphasizes the importance of putting the needs of others first. Servant leaders focus on building strong relationships with their employees, providing support and guidance, and creating a culture of collaboration and teamwork. This approach can be particularly effective in a rapidly changing business environment, as it fosters a sense of shared purpose and encourages employees to work together towards common goals.

-Agile leadership: This theory emphasizes the importance of being flexible and adaptable in the face of uncertainty and change. Agile leaders are able to quickly pivot their strategies and approaches to meet new challenges and opportunities. They also value experimentation and are willing to take calculated risks in order to drive innovation and growth.

-The great man leadership theory is a leadership concept that suggests that great leaders are born with certain innate qualities and characteristics that make them successful. According to this theory, leadership is not something that can be learned or acquired through training or experience, but is instead something that is inherent in certain individuals. The theory suggests that great leaders possess a unique set of characteristics such as intelligence, charisma, confidence, and vision. These qualities enable them to inspire and motivate others to achieve great things, and to make important decisions in times of crisis. While this theory has been popular in the past, it has been criticized for being overly simplistic and for failing to take into account the situational factors that can influence leadership effectiveness. Today, most leadership experts believe that leadership is a complex and dynamic process that is influenced by a wide range of factors, including the context in which it is practiced. By combining these different leadership theories, leaders can develop a holistic approach to leading their teams and running their businesses in the 21st century. This approach will enable them to be agile, responsive, and effective in the face of changing circumstances and evolving business challenges.

-In addition to communication skills, successful leaders also need to have a strong sense of vision, strategic thinking, emotional intelligence, and the ability to make difficult decisions. However, without effective communication, these skills may not be effectively communicated or executed, making it difficult to lead and manage a business successfully.

One of the many leadership ideas that deem important for me as well as the future, also known as the situational leadership theory, contends that certain leadership philosophies are appropriate in various circumstances. These theories of leadership emphasize the need for leaders to modify, alter or change their approach according to the circumstances, which creates an environment of creativity and efficiency.