Final answer:
Shared leadership is a simultaneous, ongoing, mutual influence process in which people share responsibility for leading.
Step-by-step explanation:
True, Shared leadership is a simultaneous, ongoing, mutual influence process in which people share responsibility for leading. It is a style of leadership where multiple individuals collaborate and contribute to decision-making and guiding a group or organization. This can be seen in settings such as a club where members vote on activities or projects. Shared leadership encourages group participation and consensus building. The evolving nature of managerial roles now acknowledges the benefits of a more equal partnership, where both managers and employees cooperate to achieve organizational goals.