It is no secret that the success of any great leader and organisation lies in the way the team and workflow are managed. And there are many management styles leaders like to use in business. In this article, we’ll discuss what some of the most effective management styles are all about and how they are used to achieve the best results.
4. Democratic Style
Democratic management style is typically used when the manager involves their team in decisions since they want everyone’s input on how to proceed with a task or project. This management style is best for those businesses where team members are skilled but need a boost of motivation. Giving them an opportunity to share their opinions helps increase confidence and morale, which, in turn, improves productivity. This is a fairly time-consuming method of management and is not the best way to go if you need to get something done fast.
3. Autocratic Style
With an autocratic management style, communication moves from the top and works its way down. This involves centralised control from a single source of authority. This style is typically used when the manager needs to make a quick decision and take immediate action. They have all the power and authority, which means they don’t have to consult with anyone else before making a decision. This style is often used in emergency situations or for urgent tasks.
2. Laissez-Faire Style
This style is typically used when the manager wants their employees to be independent and self-directed at work. They prefer to give their employees unlimited freedom in completing their tasks. The manager does not command the personnel but does provide feedback when the assignment is done. Many managers are sceptical of this approach, but it is widely used and effective. A great example of this style being used is Google. Google has a 20% Time policy in place, which allows employees to use 20% of their time on any projects that they think will most benefit Google.
1. Coaching Style
This is a management style in which the manager serves as a coach to the employees, teaching them new skills and helping them improve on those they already have. Employees don’t always require commands and sometimes all they need is advice. This is where this management style excels. It helps develop new talents internally, which is a great way to promote existing team members rather than hire new ones.