Paper Title
Transformational Leadership In Changing Global Era A Study Of Select Business Leaders In Indian Pharmaceutical Industry

Global business consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations. These transactions take on various forms, which are often interrelated. Primary types of international business are import export trade and foreign direct investment (FDI). Transformational leaders view themselves as change agents who have a vision for the organization, in order to effect change; they do take risks but are not reckless. Many researchers believe that the transformational style of leadership is superior to the transactional style. Studies have found that transformational leaders are higher performers and are more likely to have impact than a transformational leader. Furthermore, some studies have found that there is a correlation between transformational leadership and low turnover rates, higher productivity an higher employee satisfaction. In this paper an attempt is made to study transformational leadership styles in the changing global era. This study is concentrated on Pharmaceutical industry in India Index Terms- FDI, Leadership, Transformations