Do you want to lead your business toward prosperity and success and eager to know the secret behind it? Well! The secret is the efficient leadership of the entrepreneur. It inspires the team members and explores their skills.
Generally speaking, leadership styles prevail in business, and to direct your business toward success. But what are 7 leadership styles? You just need to uncover those styles which may be already there in you. This article intends to brief such styles that actually works.
Table of Contents
What are 7 Leadership Styles –
1) Autocratic Leadership:
In autocratic leadership, the leaders of various companies remain authoritarian and clearly perceive an end intention and the way to achieve it. An autocratic leader expects his team members to abide by his instructions critically and perform them instantly.
Is Autocratic Leadership Perfect For You?
Autocratic leadership comes to help when it’s critical to get compatible and predictable outcomes. Have limited time for conversation, or do your employees desire a lot of explicit guidance from you? Then, as an autocratic leader, you will hit the target, especially in the healthcare and construction sectors.
Advantages:
- Decisions can be taken more efficiently within a limited time.
- If used influentially, this leadership establishes clear guidelines and brings uniform results.
Disadvantages:
- The employees’ lack of confidence in the leader might make them uncomfortable and insecure.
- The employees might feel abused if anything is done without a discussion.
- This leadership style can sacrifice creativity by reducing group input.
2) Pacesetting Leadership:
In pacesetting leadership, energetic leaders propel their team members to run fast so they can finish their allotted work as soon as possible. They keep high expectations for their employees.
Is Pacesetting Leadership Perfect For You?
So, are you working with highly energized team members who love to act and discern results promptly? Are you in a hurry so that a crucial deadline is met? Then, pacesetting leadership is ideal, especially if you are handling business in a production department of a manufacturing company.
Advantages:
- Objectives are accomplished quickly, and results are achieved within the deadline.
- Employees thriving in a fast-paced working environment can be engaged by their high and dynamic energy.
Disadvantages:
- It may not suit the employees who succeed on mentorship and personal feedback.
- The chances of mistakes increases in environments that are fast-paced and high-stress related.
3) Transformational Leadership:
In transformational leadership, the leaders (named visionary leaders) strongly devote themselves to the purpose of the organization and the big-picture objectives. Their goals are set after mapping out the details according to the corporation’s current position and what the result would be when they get in.
Is Transformational Leadership Perfect For You?
Does your organization need direction for its drifting? Is it a fast-growing one? Then, transformational leadership is your ideal. With this style, you will get benefitted from corporate restructuring, high-risk corporate transformations, etc.
Advantages:
- The company’s vision becomes a high value.
- It’s not coercive but so motivational and inspirational and can be used to gain support.
- Catalyzes the growth of the company
- Boosts the confidence and retention power of those coworkers who feel genuinely connected to the company’s objectives.
Disadvantages:
- The nitty-gritty functional details may get missed
- For long-term expectations, contemporary problems may have to be sacrificed
- Not paying proper attention to the team members’ necessities may result in losing sight of individual knowledge curves and the working station’s priorities.
4) Coaching Leadership:
The leaders in this type of leaders believe their teams as talent reservoirs whose developments are necessary. They show their employees the right direction for utilizing their abilities and achieving individual or team objectives.
Is Coaching Leadership Perfect For You?
Do you retain the time for devoting to your coworkers, who know their limitations and are ready to bring change in themselves? Then, you are a coaching leader.
Advantages:
- Regular praising and encouragement can improve the team’s confidence
- Individualized attention can support the employees’ skill advancement.
Disadvantages:
- If utilized fully, you can quickly lose the spectacle of the large picture.
5) Democratic Leadership:
Such leadership style, where employees have the right to make decisions, as it doesn’t solely rest upon the employers, is known as the Democratic leadership style.
Is Democratic Leadership Perfect For You?
If you aim to seek your employees’ input before coming to any decision, you are a democratic or participative leader.
Advantages:
- Building trust and confidence
- Facilitates creativity
Disadvantages:
- Decision-making process continues for too long, and Relying upon the team, the group dynamics possess the power to hinder productive debate.
6) Affiliative Leadership:
In this case, the facilitative leaders emphasize their employees’ emotions and comfort.
Is Affiliative Leadership Perfect For You?
Do you notice frequent disharmony among your employees? Do you possess the talent to address any dispute in a level-headed way? Also, do you think it is right to put your employees first, whatever it may be? Then, you are an Affiliative Leader.
Advantages:
- Fast mitigation of conflict
- Thrive in morale, retention, and peace in the office
Disadvantages:
- Giving exclusively positive feedback to employees may suppress their learning and growth.
- The demands of the employees may get increased by the boss’s pampering of them.
7) Delegative Leadership:
Delegative Leaders or laissez-faire leaders expect their employees to solve their problems on their own with only little guidance of them.
Is Delegative Leadership Perfect For You?
Are your employees highly qualified self-starters with solid track records and are trusted? Have you provided your employees with individual creative-tasks-based projects that expect out-of-the-box thinking? Then, delegative leadership is in your blood.
Advantages:
- It empowers coworkers and allows them enough time to use their competence and experience for thinking.
Disadvantages:
- Vague tasks or expectations result in a productivity dip
- Ineffective for less-trained or less-experienced coworkers.
Wrapping Up:
A leader with a good leadership style will effectively communicate with his team members, mentor them and inspire them to pursue his company’s business objective or mission. Also, the leader must be flexible enough to change his leadership style to adjust to new situations if needed to accomplish his business.
However, it’s you who can comprehend your leadership style well and hence can excavate it out for the betterment of your company and your dealings with your coworkers.
