Every individual is distinctive, as is every manager’s team leadership strategy. Their disposition usually determines the way a person handles the management. Some leaders are rigid; others are tolerant, some are calm, and others are tense. Leadership styles in business can be classified based on the executives’ personalities.
Each leadership style has advantages and disadvantages; each is more successful in specific workplace categories than others. Sometimes the most effective leadership style for a workplace is determined by the mix of employee types present or the blend of knowledge levels.
1. Autocratic Leadership – Autocratic, or authoritarian, is a leadership approach in which the boss has complete authority over workplace choices. Team members are not requested for feedback; instead, they are expected to obey all choices and instructions issued by their boss.
2. Democratic Leadership – Democratic or participative leadership is distinguished by the leader’s decision to engage team members in decision-making. The boss has an ultimate say in all decisions, but they make choices based on the feedback they receive from his team.
3. Laissez-Faire Leadership – The absence of a distinct leadership position defines laissez-faire leadership. While one person may be a leader, the truth in this workplace dynamic is that everyone is an equal decision-maker, and all team contribution is valued equally.
4. Transactional Leadership – Order and discipline in the workplace are the main objectives of a transactional boss. Self-motivated employees are more likely to succeed under a transactional leader because the leader has established a structured, rigid atmosphere in which explicit rewards and penalties drive worker performance.
5. Transformational Leadership – Transformational leadership is most concerned with the leader’s demeanour. Under this type of leader, employees are led by a clearly stated vision for success, the leader’s vision, or the company’s purpose statement.
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