Management and Leadership: Driving Forces for Institutional Sustainability

The study aims to analyse the issues of modern management development and leadership in ensuring the sustainable development of institutions. The article substantiates that the phenomenon of leadership is positioned as one of the essential components of the successful development of the institutional framework of public administration. The principles of forming the competences and skills of a modern leader in this context have been determined. It has been found that the dynamics of social processes require the formation of an innovative concept of activity of managers and leaders. The article proves that the development of institutions requires ensuring the rule of law, improving the legislative framework, motivating managers to study and improve their skills, implementing an effective international anti-corruption policy, and developing economic instruments of public administration. At the same time, a close relationship between institutional support and mechanisms of vertical social mobility is established. It is substantiated that the functionality of management and leadership in ensuring the sustainable development of institutions requires a synergy of competences, skills, personal influence, strategic thinking, effective management decision-making, and the rooting of a strategy for the continuous self-improvement of managers. It is established that globalisation is currently emerging as a process of intensive development of the socio-economic and political sphere under the influence of various institutions (in particular, institutions regulating the economy, politics and social sphere). The article proves that an effective manager should ensure coordinated interaction of public administration institutions in the context of achieving common goals.