Leaders adapt their style to fit a specific situation. It is vital for leaders to understand the latest information by learning, listening and sharing with others as they persistently focus on reaching their goals. In business, transactional leadership style allows for team members to decide whether or not to obey their leader, whilst being evaluated by their performance.
Usually, members who are highly ambitious and thrive on external rewards work well in this situation. In autocratic leadership, members are completely under the control of their leader. This works well when decisions need to make quickly, and is best used in crisis situation or in the military. With this style of leadership, assignments that are of high risks are governed by rules and regulations in a bureaucratic leadership style.
Charismatic leaders inspire enthusiasm and commitment within the working team, but tend to believe more in their ability to perform than that of the team. In democratic leadership, people are able to develop skills, as well as made to feel more in control by engaging them in decision making and projects. This enables a better working environment where individuals are able to bring forth ideas or new business approaches that can help to drive the organization forward. Once the idea is accepted, the team is left on their own to implement.
This leadership style is all about allowing individuals in teams to come up with credible ideas that are implemented by management. Thought leadership may be considered rebellious since there is willingness to accept rejection in order to champion your idea or better way of doing things. The concept of democratic leadership is often misconstrued, especially when there is a disconnection between the leader and the team where decisions cannot be made effectively as a team. Using Greece inability to form leadership as an example, the country’s democracy remains in crisis as it continues to struggle to stabilize its government. Waiting for a new leader that will be elected by the people, Greece struggles with either accepting the idea of a bailout with austerity measures, or the left wing’s party desire to reject and leave the European Union altogether. Laissez-Faire leadership gives team members complete freedom to work on their own.
This style only works with highly motivated and experienced team members, capable of working on own initiative. In task-oriented leadership, the focus is on the task and structure, which sometimes lack personal approach to the well-being of team members. In contrast, people oriented leadership focuses on the participation of the members and everyone is treated fairly. Servant leaders work well in politics or committees as they lead by example. In transformational leadership, members are inspired to engage with other members and have high productivity. Consequently, leaders need the support of detailed oriented people. Successful leaders lead by example and authentically go by what they teach to members.
By Tony King