Types of Leadership Styles That Exist in Work Environment
Not all organizations reflect the same leadership style. Some firms follow a single leadership style while many organizations embrace more than one leadership styles. Actually, the business objectives of a company determine the type of leadership style which will suit the organization perfectly. In this article, we will talk about various types of leadership style. It is worth mentioning that each of them has their share of merits and demerits.
It is the most appreciated leadership style amongst employees since they are given the liberty to voice their opinions and contribute significantly in a decision-making process. In the participative leadership style, also known as democratic management style, it is the leader who takes all the final decisions only after listening to the employees’ viewpoints. When an organization requires making any amendments or improvements in various internal departments, this type of leadership style proves to be successful as employees quickly adapt to the alterations. The reason behind this prompt acceptability is the right provided to the workforce to express their views and the value given to their outlook.
Just the opposite of participative style of headship, the autocratic or domineering leadership style allows managers to take all decisions sans the participation of any employee in the decision-making process. So, it can be said that managers are the all-in-all and nobody can dare to question their final call. This management style works to keep a vigil eye on employees who have a laidback attitude. On the other hand, this style can be a bit intimidating and can affect the productivity of a creative professional.
The transformational leadership style slightly resembles the participative style of leadership. A company following this leadership style needs the active involvement of management in fulfilling business objectives. The management is required to communicate with the employees, motivate them and boost their level of productivity and proficiency.
In the transactional style of leadership, the manager and the team members determine business objectives and the employees work under the manager’s headship to achieve the set goals. It is the manager who trains employees, guides them to meet deadlines and evaluates their performance. An employee gets rewards he or she deserves for an impressive performance. The rewards come in the form of incentives.
You can decide to follow this type of leadership style only when you have got professionals having extensive experience and wide expertise working in your company. Since laissez-faire style supports slight or zero supervision, a business owner needs highly skilled and extremely professional employees in his or her firm. This way he or she can have peace of mind that work is going on perfectly without any supervision.
Frankly speaking, laissez-faire style hardly works and it does nothing good, but results into unfavorable output. But, you may put an effort to make a change.
These are the top five leadership styles prevalent in maximum organizations. Set your business goals, scrutinize them thoroughly and then, choose which type of leadership style will be appropriate for the smooth functioning of your organization.