Abstract: “The study aims at determining the influence of maintaining and developing the talent workforce through exhibiting leadership styles and ultimately showing their positive impact on the employees’ performance. Data has been collected from personnel employed in Gujranwala region in different government and non government institutions. The study analyzes the effect of transformational and transactional leadership styles of managers on performance of employees through the inception of proper succession plans. Results show significant relationship between leadership styles and employee performance The Multifactor Leadership Questionnaire (MLQ) has been used to collect the responses from the respondents through survey method. leadership styles are positively related to whereas transformational have more significant effect than transactional style. As succession planning is an emerging concept, the basic aim of this study is to seek relationship between leadership styles and performance of emp”

Keywords: Leadership, Transformational Leadership, Transactional Leadership, Succession Planning and Employee performance.