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Basic Leadership Styles
A leadership style is a leader's style of providing direction, implementing plans, and motivating people. There are various leadership styles that can be exhibited by leaders in various organizations.
Innovative:
An innovative leader grasps the entire situation, industry direction and goes beyond the usual course of action. He can see what is not working and brings new thinking and action into play. An innovative leader creates a work climate for others to apply innovative thinking to solve problems, develop new products and services which can change the industry direction OR create new industries and businesses.
Laissez-Faire:
A laissez-faire leader lacks direct supervision of employees and fails to provide regular feedback to those under his supervision. In this leadership style, all the rights and power to make decisions is fully given to the worker. This sort of leadership is very effective when team is skilled, experienced, and self-directed in use of time and resources. Autonomy of team members leads to high job satisfaction and increased productivity
Autocratic:
The autocratic leadership style allows managers to make decisions alone without the input of others. Managers possess total authority and impose their will on employees. No one challenges the decisions of autocratic leaders. Countries such as Cuba and North Korea operate under the autocratic leadership style. This leadership style benefits employees who require close supervision. Creative employees who thrive in group functions detest this leadership style.
Service Leadership:
In Service Leadership, the leader puts service to others before self-interest. He includes the whole team in decision making and provides tools to get the job done. A Service leader can create a positive culture and lead to high morale.
Participative:
Often called the democratic leadership style, participative leadership values the input of team members and peers, but the responsibility of making the final decision rests with the participative leader. Participative leadership boosts employee morale because employees make contributions to the decision-making process. It causes them to feel as if their opinions matter. When a company needs to make changes within the organization, the participative leadership style helps employees accept changes easily because they play a role in the process. This style meets challenges when companies need to make a decision in a short period.
Transactional:
Managers using the transactional leadership style receive certain tasks to perform and provide rewards or punishments to team members based on performance results. Managers and team members set predetermined goals together, and employees agree to follow the direction and leadership of the manager to accomplish those goals. The manager possesses power to review results and train or correct employees when team members fail to meet goals. Employees receive rewards, such as bonuses, when they accomplish goals.
Transformational:
The transformational leadership style depends on high levels of communication from management to meet goals. Leaders motivate employees and enhance productivity and efficiency through communication and high visibility. This style of leadership requires the involvement of management to meet goals. Leaders focus on the big picture within an organization and delegate smaller tasks to the team to accomplish goals.
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