“LEADERSHIP BUILDING IN PROFESSIONAL INSTITUTIONS: A SURVEY OF SELECT ORGANIZATIONS OF GREATER HYDERABAD”

Building a solid and long-lasting organization is very challenging and multifaceted task for the top-level management of any firm irrespective of the size. Economic turmoil and technological advances are combining to reshape business landscape faster than their competitors. With the fast changing scenario of modern global business and cut-throat competition the most critical issue is future planning and is finding right people for different corporate functions. The goal of any organization is not only to survive, but also to sustain its existence by improving performance. In order to meet the needs of the highly competitive markets, organizations must continually increase performance (Arslan & Staub, 2013). The leadership in the organizations plays a vital role in building up the organizations, but the leadership styles differ from organization to organization, person to person. The usage of the word “leadership” has been used in different situations like politics, businesses, academics, social network etc. Messick and Kramer (2004) defines the leadership as the degree to which the individual exhibits leadership traits depends not only on his characteristics and personal abilities, but also on the characteristics of the situation and environment in which he finds himself. To face the competition in the changing technological state every organization is looking for accomplished professionals or leaders that are dynamic innovative and adaptive to the changing business needs ( Mathew, 2010). The qualities for a leader which organizations are expecting is not only limited to knowledge, aptitude and academic intelligence but also extends to problem solving skills, attitude and emotional intelligence.