Nowadays, there are a variety of leadership styles in business, but the four primary leadership styles you’ll be exposed to include: autocratic, democratic, laissez-faire, and transformational.
1. Autocratic
An autocratic leadership style can easily be summed up by the command, “Do as you’re said”. Direction comes from the top, a singular figure who leads a company or a team. Also, an autocratic leader determines strategy, policies, procedures, and the direction of the organization, dictating everything to subordinates.
2. Democratic
Also known as participative leadership, the democratic leadership approach involves gathering input from your subordinates and team members so everyone has a chance to contribute to the decision-making process. Democratic leaders are still the decision-makers, but their approach allows others to feel engaged and have a stake in the final outcome.
3. Laissez-Faire
This type of leadership involves empowering your employees, being hands-off, and trusting them to accomplish the task at hand without constant questions or micromanagement. This type of leadership lets employees make decisions while staying available to provide feedback when necessary.
4. Transformational
Involve developing a great vision and rallying your employees around it. Under this style, the team is eager to transform and evolve—personally and professionally—in order to achieve the overall goal. With the organization and employees aligned, teams working under a transformational leader are united for a singular cause. Also, they are willing to commit their effort, time, and energy to the organization.
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