At some point in your career or in the company you have established as an entrepreneur, there will be a moment when you lead and have to take charge of the leadership role – it may be leading a presentation, a project that you form, or building a team. When you are the person in charge and responsible, you are going to realize that you need to adopt one of the leadership styles, or you already realized.

When we look at all aspects of a company, it can be seen that all elements of success from A to Z are achieved through effective leadership. Strong leaders may assist an organization to optimize production and accomplishing business goals, but ineffective leadership can harm productivity and jeopardize the company’s health. Leadership is not a single trait that a person has or does not have, it is a collection of factors that must be present to be successful and reasonable.

You may have noticed that you have a certain line of management routines based on your work and team experiences, as well as your personality. In addition to experiences and personality traits, you should consider a professional path according to the unique requirements and culture of your company. Each leader may have their own different practices, but there are 5 leadership styles commonly used in the workplace. Discover which one you are identified with and improve your management skills accordingly.

Leadership Styles and How to Find Your’s

It is always essential to get feedback to see how your leadership style is affecting employees. But, recognizing how you lead before asking might be a good place to start deciding or criticizing your leadership style.

On the surface, we could believe that some leadership styles are superior to others. But each one has a different toolset. When the occasion calls for it, a savvy leader understands how to shift from one style to another. Therefore, here are the 5 common leadership styles you can always implement into your day-to-day management responsibilities.

1. Authoritarian Leadership (Autocratic)

5 Types of Leadership Styles in Business
Authoritarian Leadership

Authoritarian leadership style enables the leader to set goals and expectations without the requirement of considering other team members. It is a time-saving method, where a leader is known as the most knowledgeable member, therefore they become the decision-maker.

As a leader who is in control of all of the decisions, you may need to access many resources at once. You should get project and team management software where you can access all your files and task history. With PeerBie, you can share your files and archive your task lists. You can reach the necessary content without wasting time. Only by entering the required keyword with the search button, you can access the required information in the blink of an eye.

It can be useful in an organization with strict guidelines or beneficial when employees need a great deal of supervision, however, creativity will suffer a lot as a result of a limited contribution by others. Researches also stated that decision-making was less creative under autocratic leadership. This leadership may end up creating a hostile work environment.

2. Participative Leadership (Democratic)

5 Types of Leadership Styles in Business
Participative Leadership

Democratic leadership comprises the leader making choices based on the input of all team members. Each employee has an equal say in the direction of a project, although leaders make the final decision.

Before making a decision, a democratic leader considers inputs and evaluates comments from their team. A democratic leadership style is generally attributed to promoting levels of employee engagement and job happiness since team members feel their voices are heard and their contributions matter.

The participative leadership style is great for team collaboration while keeping control over the decision-making process. Because they are more involved in the process, members of the team become more motivated and inventive. On the other side, it may make the decision-making process more time-consuming, and wrong decisions can be made if the team is not skilled.

When the downsides are also managed, this leadership style can bring great benefits to your business. In order to shorten your decision-making process, use a team collaboration application where you can communicate and share tasks. While you strengthen your team relationship with the PeerBie group and one-to-one communication channels, teams can contribute at any time with its IOS and Android compatibility.

3. Delegative Leadership (Laissez- Faire)

5 Types of Leadership Styles in Business
Delegative Leadership

A delegation leadership style emphasizes delegating initiative to team members. If team members are skilled, well-trained, and accept responsibility, this can be an effective technique. It’s beneficial for giving your team members room to work freely.

But, if employees are unclear about the objectives it will limit them to perform successful results. It might lead to a drop in productivity and low motivation.

You can hold regular meetings so that your team understands the objectives correctly. With PeerBie video conference you can watch the results by guiding them just one day a week.

4. Coaching Leadership (Transformational)

5 Types of Leadership Styles in Business
Coaching Leadership

Members of the team’s abilities are identified by the leader individually. They also concentrate on tactics that will help their teamwork together more effectively. This leadership style is similar to democratic leadership, but it focuses more on individual employee growth and achievement. The downside of this leadership is that consistent inspiration and frequent feedback may be overwhelming for the leader to assist people. Therefore, it might not be sustainable all the time.

PeerBie evaluates and presents employees’ time and performance reports for you. All you have to do is a review and give feedback!

5. Transactional Leadership

5 Types of Leadership Styles in Business
Transactional Leadership

A transactional leader is someone who is laser-focused on performance. The manager provides specified tasks and usually in the form of monetary rewards for achievement and disciplinary punishment for failure. It views the leader-follower relationship as a transaction.

One of the main advantages of this leadership style is that it creates clearly defined roles and tasks. However, the boss and employee perspective will create more ‘followers’ than productive and imaginary employees. Innovation and creativity are minimized since this leadership style is only focused on the completion of the process.

If you want to follow this leadership style, you need to be able to instantly see the working processes on a daily basis. With PeerBie’s daily dashboards, watch what task employees are doing, how long it takes them to complete and their activities.

 

 

 

 

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