Theories surrounding leaders and leadership continue to advance/develop as the complexity, scope of organizations shift from command-and-control structures to more agile structures for managing change. In today’s environment, the pace of disruptive innovation is fast-tracking which is forcing organizations to rely on the latest leadership theories to keep organizations competitive in rapidly changing markets.Task: Do you agree with the above statement?In your response, critically evaluate traditional, contemporary and emerging leadership theories. Outline the leadership theory that you would consider to be most effective to keep organisations competitive in the changing markets – Please provide examples where appropriate.Your analysis will should demonstrate third year capabilities for conducting thorough and detail research and critical thinking.The essay must be properly formatted with cover page, table of contents, introduction, body, conclusion and references (8-12)In your essay refer to at least eight to twelve (minimum of 8 to 12) references, which need to be current academic references no older than 2013 where possible. An academic reference is a journal article or academic book.