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PROBLEM BACKGROUND:Strategic Leadership is the ability to influence others to voluntarily make decisions that enhance the prospects for the organization’s long-term success while maintaining long-term financial stability. Different leadership approaches impact the vision and direction of growth and the potential success of an organization.QUESTION:There are several different leadership styles (democratic, autocratic, dictatorship, etc.). For this question address the following aspects AS A MINIMUM and remember to write your answer as a report, DO NOT MERELY ADDRESS THE ELEMENTS1) Select a minimum of two leaderships styles;2) Identify and compare the pros and cons of those styles supported by citations and references;3) Discuss how the styles you selected affect your area of program interest (e.g., marketing, finance, IT, Databases, etc.) and how they relate to and impact strategic leadership.REMEMBER – provide a clear “report” type answer that follows an APA or APA-like format with citations and references. (NOTE: The textbook DOES NOT COUNT as a legitimate reference ).
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