Problem: Give examples of situations of how each of the following leadership theories (listed below) best applies. Specify what about the theory makes the situation applicable.
- Fiedler's Contingency Theory
- Leader Member Exchange Theory
- Transformational Leadership Theory
- Charismatic Leadership Theory
- Level 5 Leadership
Is leadership more important or less important in today's flatter, team-based organizations? Are some leadership styles suited to such organizations as opposed to traditional hierarchical organizations? Explain and support your answer with appropriate examples and citations. (Essay)