The Role of Leadership in the Context of Modernization of Housing and Utilities Sector of Russia

The paper considers the impact of leadership skills on successful housing and utilities sector‟s reform in the Russian Federation. It‟s noted that at the sharp increase in the number of property owners, the awareness of their rights and responsibilities for the maintenance of their principal residence in proper condition is lingering. The methods of consumers‟ participation in property administration adopted from the advanced foreign experience have not got widespread use. Along with that, while applying these practices, property owners willing to realize their leadership potential should pay attention to the skills-on-demand. Practical experience in property management participation in the sphere of housing and utilities sector could facilitate further success of the leaders realizing their potential in business administration that usually takes form of a condominium association. We should take a notice that the success of modernization of organizations falling into housing and utilities sector in the current context also depends on the extent of leadership development and shrewd management.