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Faculty of Business Economics Bijeljina, University of East Sarajevo , Bijeljina , Bosnia and Herzegovina
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Faculty of Economics and Business, University of Belgrade , Belgrade , Serbia
Faculty of Business Economics Bijeljina, University of East Sarajevo , Bijeljina , Bosnia and Herzegovina
This paper explores leadership styles in a multipolar world, focusing on USA, Europe Russia, China, and India. The research highlights how leadership approaches are shaped by the cultural, political, and economic contexts of these regions. Despite fundamental differences, several universal leadership traits emerge as key factors in the global landscape. This paper provides a systematic literature review on leadership styles in multipolar environments, comparing approaches across different geopolitical, corporate, and organizational contexts. Through an analysis of existing research, the study identifies key leadership characteristics that foster adaptability, collaboration, and strategic decision-making in a world where power is distributed among multiple actors. The USA adopts a predominantly democratic leadership style, encouraging innovation, employee autonomy, and transformational leadership. European leadership styles vary widely, balancing democratic and transformational approaches, though some regions still exhibit authoritarian tendencies. Russian leaders favor a mix of authoritarian and paternalistic styles, reinforced by strong political influence. Chinese leadership is often authoritarian and paternalistic, emphasizing centralized control and stability. Indian leadership combines authoritarian elements with flexibility, allowing for industry-specific adaptations. In a multipolar world, leaders must navigate complex environments, balancing stability with innovation.
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