Managerial and legal peculiarities of leadership development in a statutory institution

Abstract

In an ever-evolving and more innovative world, it is important for institutions to take a leading position among other institutions in a constantly competitive market and in their search for adaptability in an innovative society. Research has shown that the development of leadership in an institution helps to implement changes more effectively, reduce stress at work, improve employee job satisfaction, employee willingness to improve, and reduce staff turnover. Leadership development in statutory institutions is one of the most important components of an effective institution. Their development requires continuous self-improvement, knowledge of the latest technologies, strategic and systemic thinking, innovative and critical approach and other elements. The general definition of leadership development is analysed in the scientific literature, but not enough attention is paid to the specific leadership development of statutory institutions, therefore, both theoretically and practically, this object of research is a rather rare phenomenon. Therefore, it is important to note that there is still no consensus among the authors, what are the factors that determine the effectiveness of a leader in an organization, what training tools are most appropriate for leadership development, what should be the theoretical model of leadership development and how it can be applied in a particular institution? Given that the needs listed above are not specifically defined, it is necessary to conduct a thorough and consistent theoretical analysis of leadership development in order to answer the essential question raised in the article - whether statutory institutions have a well-formed leadership development model, attention to the formation of goals and values, thinking, behaviour and attitude, what directions of leadership development exist at the theoretical and practical level in statutory institutions. In the context of sustainable development this research topic highlights the necessity to investigate managerial and legal peculiarities of leadership development in statutory institutions. Sustainable approach toward decision-making and social responsibility become crucial under the uncertainty of current management environment.