traits may lead people naturally into leadership roles. This is the Trait Theory.A crisis of important event may cause a person to rise tothe occasion, which brings out extraordinary leadershipqualities in an ordinary person. This is the GreatEvents Theory.People can choose to become leaders. People can learnleadership skills. This is the TransformationalLeadership Theory. It holds that, contrary to popularbelief, no one is born a leader but some people do havecertain abilities that predispose them to developing intoa leader like public speaking, and many other skills,leadership can be learned and developed. While there isno agreed list of qualities that make a good leader anddifferent leadership styles suit different situations. It isthe most widely accepted theory today. Born leaders arethe ones who have inborn qualities of a leader. Whereas, in case of made leader, it is often a mentor whoshapes a leader.E.g.
Dhirubhai Ambani, JRD Tata, Bal Thackeray, Dalai Lama, Shivaji Maharaj, Indira Gandhi,Gandhiji, Alexander, Shree Ram.
KM Birla, IK Gujral, the great NarayanMurthy, Swami Vivekanand.