2nd Bac - Effective Leadership Styles in Business

Being an effective leader is one essential part of running a successful business. But there isn’t just one right way to be a great leader. You can choose and develop a leadership style that works for you, your team and your business goals. Below are some established effective leadership styles and tips to help you form your own leadership style.

Transformational Leadership

One type of effective leadership style is transformational leadership. Transformational leaders work with the goal of transforming their teams and organizations so that they’re constantly improving. They create a vision of the future that they share with their teams so that everyone can work together toward that shared goal and vision. Transformational leaders are also often seen as authentic, self-aware and empathetic. In addition, they handle conflict among team members well and hold both themselves and their team members accountable.

Democratic Leadership

Democratic leaders include their team members in their decision-making process. While they are ultimately responsible for making final decisions, they often ask team members what they think and try to take their thoughts and opinions into account. This can help increase engagement among team members, but it may not always be the best style for leaders who need to make quick decisions.

Autocratic Leadership

On the other end of the effective leadership styles spectrum, autocratic leaders make all decisions on their own without consulting with team members. This can be a good system for making quick decisions. However, it can make team members feel out of touch or dissatisfied with their working environment if they don’t feel like their opinions or ideas are ever considered in those important decisions.

Laissez-Faire Leadership

Leaders who practice this style are known for giving their team members a lot of freedom. They provide support and resources for team members when it’s necessary, but they don’t constantly micromanage employees. This can be an effective leadership style if you have a lot of trust among your team members and you know that they do good work and manage their time well on their own. However, if you’re working with newer team members or those who need more guidance or time-management help, it may not be as effective.

Bureaucratic Leadership

Bureaucratic leaders are all about rules. They may set strict procedures that they follow precisely, and they expect their team to do the same. This usually isn’t the best leadership style for businesses or teams that rely on innovation or creative problem solving. In those instances, you may want people to have a little more freedom to think outside the box and not follow the exact same procedures from day to day. But for more routine-oriented jobs, this leadership style could be a good fit. In those situations, many workers could appreciate having a very cut and dry set of rules and procedures to follow so that they aren’t left guessing about what you expect from them.

Servant Leadership

Servant leaders work hard to meet the needs of their team. They’re often seen as charismatic and generous. This often leads to high worker satisfaction rates since team members feel heard and cared for in their work. It can also be beneficial in a working environment where you want everyone to see themselves as equals who are working together or collaborating on an even playing ground, rather than focusing on who is in charge of whom. However, it may not be a great model for someone who needs to make quick or difficult decisions, since servant leaders might try too hard to make workers happy rather than focusing on what’s actually best for the organization or team as a whole.

Transactional Leadership

Transactional leadership focuses on the idea that accepting a job is a sort of transaction. By agreeing to take a job, workers have accepted that they have to complete the outlined task and follow their leader’s instructions. This style can work in situations where you need to clearly outline a difficult job or task before choosing someone to take on the role. It may also help ensure that everyone is very clear about what is expected of them. However, it can seem cold or inflexible, which may lead to low job satisfaction.

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