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Fiedler's Contingency Theory of Leadership emphasizes that effective leadership depends on the fit between leadership style and the situation. Developed by Fred Fiedler, it considers factors like leader-member relations, task structure, and position power to determine the most suitable leadership approach. Pros include adaptability and flexibility. Cons include potential difficulty in accurately assessing situational factors. Advice: Leaders should assess their style and the situation to determine the best approach.

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