As the global society continues to move toward a knowledge-based economy, successful political economies are required to evolve and adapt not only to contemporary markets but also to the changing wants and needs of their citizens. | Applicability of classical decision-making styles in modern societies five leaders theory from perspective International Journal of Management IJM Volume 7 Issue 3 March-April 2016 245 Article ID IJM_07_03_021 Available online at http IJM JType IJM amp VType 7 amp IType 3 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication APPLICABILITY OF CLASSICAL DECISION-MAKING STYLES IN MODERN SOCIETIES FIVE LEADERS THEORY FROM PERSPECTIVE Ali Al Yabhouni Al Dhaheri Universiti Teknologi Malaysia Kuala Lumpur Tan Sri Prof Dr Mohd Zulkifli Bin Mohd Ghazali Universiti Teknologi Malaysia Kuala Lumpur Mas Bambang Baroto Associate Professor Universiti Teknologi Malaysia Kuala Lumpur ABSTRACT As the global society continues to move toward a knowledge-based economy successful political economies are required to evolve and adapt not only to contemporary markets but also to the changing wants and needs of their citizens. Successful nations are those that the citizenry feel happy and peaceful in the current status quo while engaging in their day to-day business. Successful economies do not rely on any external predictable natural or traditional events but are rather seen as outcomes of strategic and consciously made decisions arousing from leadership thinking. Leadership decision making is the foundation and the prerequisite for any intelligent action and accomplishment. Blass and Ferris 2007 have emphasized that the current focus on technical competence is outdated and leader potentials should be assessed by an individual s interpersonal savvy and influence ability. Leadership charisma is often considered one potential source of influence and is believed to relate to the construct of political skill Ferris Treadway Perrewe Brouer Douglas and Lux 2007 . Consequently the rapid development and changes that have occurred in the United Arab Emirates UAE have been attributed to
