LEADERSHIP CHALLENGES IN THE 21ST CENTURY

Abstract

In the situation of continuous changes, the most logical presumption is neither of present successful and in practice confirmed theory won’t be valid for a long time. Thus it is with leadership concept existed at the end of 20^th Century. New business circumstances at the beginning of 21^st Century generate new challenges and require new solutions in leading organizations. Leadership crisis in business as, no doubt, superior management concept and loss of confidence in business leaders, call for upgrading the organizational leadership potential. Creating leaders for the 21^st Century implies permanent process of mental development - personal and professional, as well as acquiring some capabilities of system, collaborative, mindful and collective leadership. Including acquired capabilities in leading, change leaders and followers behavior in a way to accomplish positive impact to work performances and business sustainability for a long time. Many questions refer to nowadays personal traits and competencies of leaders, as well as methods of their development and effects of authentic leadership approach, need answers. Some of them are explored in the paper.