This report explains the effects of different leadership styles on employees of specifically the private sector. The major points considered in this paper are: To assess the relevant leadership style for enhancing the performance of the employees ,To identify the role of leadership style in employee motivation and retention in an organization,To explore the strategies followed by the successful business leaders of the world and many more. The literature review aims to identify the different leadership styles and approaches that are being utilized by the leaders in order to bring forth modification in the performance of the empLoyees and how their performance can be enhanced by following or getting into practice of using such leadership styles .