PhD candidate and result-oriented Director with 25 years experience with involvement in all levels of Business Strategy, Sales and Marketing, Managing Project and Product Development. Aside of managing a company, he is also the best corporate trainer and public speaker in seminar and conference.
Master the 7 Styles of Leadership and Find Out Which Style is Best for You
The concept of leadership has been quite visible in military operations, politics, and management. However, there are different types of leadership that exist in work environments with its advantages and disadvantages. Some companies implement same leadership style while others follow different leadership styles based on the culture and goals of the company. Therefore, leadership is divided into seven key types as follow:
Autocratic Leadership
Bosses have control and decision-making in all aspects of the strategy. It is a type of leadership that still exist but gradually begins to lose strength. Communication with the boss is one-way, in which the opinions of others are not considered.
Bureaucratic Leadership
The management team must comply with the standards that have been established in the company. In this type of leadership, communication with employees is not smooth since the company’s policy is strict and rigid.
Transactional Leadership
In this type of leadership there is exchange between managers and subordinates, yet it is usually related only to economic. It means that employees receive incentives if goals are met. It is a leadership model that uses economic motivation to meet the goals.
Democratic or Participatory Leadership
The key to this leadership type is to encourage communication between employees. Managers do consider the ideas generated by employees, but the decisions remain the issue of leaders.
Transformational Leadership
This is another type of leadership that gains the most relevance. Communication with teams is fluid and continuous & the company uses what employees must contribute.
Laissez-faire Leadership
This leadership type allows teams to work on their own within a few margins and objectives delimited, yet it is always under its autonomy. This non-authoritarian leadership allows employees to assert their experience.
Curve Leadership
Based on the well-known ‘happiness curve’, this leadership type says that if the company is on track, employees are happy, productivity is increase, and things are going as they should. The success of the team and the manager goes in the same line.
Conclusion
To summarize, in the dynamic business environment, leadership is crucial and important because it could help company to achieve their vision & goals as well as helps them to growth and become more successful in the future.
Reference:
Editorial Team. (2020). Types of business leadership. IBMH Corp blog. https://www.ibmhcorp.com/en/types-of-business-leadership/