2.2. Leadership theory2.2.1. Definition of leadership Leadership is the ability someone has to motivate, guide and empower a group of people, in this particular case the staff of an organization, in order to achieve specific objectives. There are some key characteristics that result from this definition and they are as follows:1. Leadership is not just a talent. It is also a science that can be taught. 2. Mobilizing others is the key world of leadership theory. Inspiration is the fundamental tool a leader can use. 3. Leadership is not dictatorship. It is a joint effort aiming at a common goal, 4. ethics is a significant issue in leadership theory, 5. leadership is interesting to the feelings of employees working in a project. People are not numbers but personalities with particular characteristics and desires, 6. a leader does not need types to be respected by employees. He wins them over with his personality and they follow him because they share his advice and trust him.2.2.2. Basic Principles of Leadership There are some basic principles of leadership that reveal its significant role in the good of an organization. They are as follows:1. A leader must know himself well and must continuously improve himself, 2. he must be an expert in his scientific field, 3. he must not be afraid to take responsibility for his decisions, 4. he must use decision-making and planning tools, 5. he must be an example for employees to follow, 6. should take care of his partners and try to give reliable solutions to their problems, 7. should inform his partners about every issue clearly and clearly, 8. should convey the message that everyone in a project they have the same part... half of the paper... leadership The leader trusts his staff and leaves them free to work according to their own program. He supports his team and is ready to help them at any time. The staff is satisfied because they have control of the work and productivity in most cases is high. The style requires, on the part of anyone, profound knowledge of the sector.7. Task-Oriented Leadership The leader's primary concern is the job to be done. To be safe, create specific programs and guidelines. It is very close to the autocratic style.8. Servant Leadership Leading by example is the main idea. Servant leaders don't want to be on the front lines and prefer to lead their employees from a distance. They are distinguished by their personality, their behavior and their values. The only disadvantage is that in a competitive financial environment it is difficult for them to be recognized.