The 8 Best Management Styles Found In Extraordinary Leaders
As leaders, our job is to create high performing teams where success is inevitable.
A critical factor to the success of teams is the ability to manage people towards an objective or goal.
To drive success as a leader, you need to identify a management style (also known as a leadership style) that works for you.
It requires you to look towards the areas in which your talents lie.
In this blog, we detail 10 of the best management styles that can be found in extraordinary leaders.
Use this guide to identify what kind of management style best suits you and how you can put it in to practice.
What Are Management Styles?
As written by HRzone, management styles are ‘the principles that underline the methods, abilities and techniques managers use in handling situations and expressing leadership within an organisation.
When discussing management styles, it’s important to understand that ‘no one style’ works in workplace scenarios and business types.
That’s why most leaders will use a variety of management styles depending upon the task, people or situation to be managed.
Of course, being a good leader takes knowledge, skill and plenty of practice. But it’s undoubtedly about the approach you take and the leadership you maintain with your teams.
Managers with the most flexibility in style can draw the best outcomes form their teams.
Here are the best management styles for extraordinary leaders.
Leaders who exercise results-based management styles understand their goals. They start with a clear understanding of what their organisation is trying to achieve and how they want to achieve it.
They’re able to allocate the right resources and focus on the right tasks; enabling teams to succeed.
Because of the clear expectations that a results-based style gives, the morale of employees is boosted, loyalty improves and engagement levels increase. Employees find it easier to trust results-based managers when they have specific performance goals to measure.
An autocratic management style can be characterised by the way communication flows from the top down. This involves centralised control from a single source of authority; the leader.
In this management style, teams are expected to follow because this form of leadership enables managers to do whatever they feel is necessary to achieve a goal. With this style, a skillful manager can successfully run a business because there are fewer people in control.
Autocratic leaders may often lead business activities according to the considerations of their organisation, often ignoring the expertise of their team.
Read this blog: 10 Leadership Disciplines For Today's Digital Age to discover what makes great leaders in this digital age.
This management style is closely linked to autocratic leadership where leaders dictate and control all decisions within the team. Leaders with an authoritative style focus on getting the job done.
Decisions on processes, tasks and goals are created by the leader, often leaving little room for any real sense of morale among teams.
Benefits of adopting this management style include structure and discipline among teams. When time-critical and urgent tasks need completing, authoritative managers make decisions based on logical steps to get these completed.
A participative management style is built on the concept of leaders who understand the importance of human intellect and seek strong employee relationships.
Leaders who adopt this style are innovative and welcome ideas and concepts from their teams. They seek to involve and welcome input from other people in processes and business decisions of their organisation.
Ultimately, a participative leader is close to their teams. They take an individual approach to know their employees because a standard approach would lead to dissatisfaction among employees.
A coaching management style can be characterised by the way it promotes partnerships and collaboration. This style is less about the hierarchy found in most management styles and more about giving way to creativity and motivation.
Coaching managers strive to improve their employee's professional development. They have a passion for teaching and watching their employees grow.
According to HubSpot, coaching managers motivate their employees with professional development opportunities, like a promotion or more responsibility -- these rewards make employees hungry for knowledge, and their steady development improves the team’s performance.
Leaders with a transformational management style are innovators who believe in change and growth for their organisation. They often realise that they are more capable than they originally thought.
The transformational style leaves employees feeling motivated and improves team performance. It enables positive development and fosters a positive working environment with clear values, priorities and standards.
A transformational leader and their teams can adapt to drastic industry change and consistently challenge the status quo.
A collaborative approach to leadership focuses on asking your employees to get involved with improving the business.
The collaborative management style can be characterised by distinguishable attributes. These include balanced motivations where the leader wishes to generate value wherever they work.
This style further centres on thoughtful conversations between the leader and their employees. These conversations empower teams to provide innovative solutions and feedback about company decisions, goals and even policies.
Visionary management style is also called inspirational and strategic. Leaders with this management style do not involve themselves with the day-to-day details of their teams. Instead, they focus on conveying the vision of their organisation and entrust their team to handle the details on how to reach the organisation’s vision.
A visionary leader will motivate people while ensuring that the team and the vision stay aligned. This style makes sure that everyone is working towards a common goal or objective.
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A visionary management style is best suited for experienced and professional teams, especially for those who work with little or no supervision.
Leadership can be turbulent and management can be a hard job. But with the right management style, there is no reason why you can’t lead your teams to success.
Hopefully, this blog has helped you to identify the right management style and its managing traits that you should adopt.
If you’re still seeking help and want expert advice on which management style suits you, get in touch.