19) Team leadership

It is a dynamic leadership: leadership can be shared, or different people can provide leadership at different times of the team tasks (Hill, 2016) .

Leader fulfils relational roles e.g. managing conflicts and environmental roles e.g. networking.

Leaders fulfils the task roles e.g. goal focusing.

Team performance and development.

20) Strategic Leadership

Strategic leadership ensures that the firm competes effectively in the turbulent environment, not just in the present but also in the long term (Ireland & Hitt, 2005) .

Leader helps with emphasizing ethical practice.

Leader helps with exploiting and maintaining core competencies and developing human capital.

Leader helps with determining strategic direction, establishing balanced organizational controls and sustaining an effective organizational culture.

Effective strategic leadership

21) Ethical leadership

Ethical leadership is guided by moral values or universally accepted principles (Mihelič, Lipičnik & Tekavčič, 2010; Northouse, 2016) .

Leaders set ethical standards and ethics governs decision making. They respect others, show justice and value honest.

Leaders model behaviour for followers, they explain to followers why they made certain decisions, serve others, and build community.

22) Upper echelon

Why do organizations behave the way they do? The top executives (upper echelon) make company after its own image; what we see in organizations is as a result of executives’ characteristics (Hambrick & Mason, 1984) .

Leaders’ characteristics can be psychological like cognitive base value or observable like age.

Leaders make strategic choices like product innovation and

acquisition.

Variability in profitability, growth and survival.