When one thinks of a leader they might think of a CEO of a successful business, professional athlete, or even a well-known celebrity. These people are all indeed leaders, but the way they lead could be much different from how others lead. There are many different kinds of leadership and strategies that they will take. We want to explain some of these strategies to best help you find what leadership category you fit into.
Here are five different leadership styles that may ultimately help you choose what kind of leader you will be.
- Democratic Leadership – This form of leadership is when a CEO or position in power asks or receives advice from his colleagues when making an important decision. This opens up the room for staff of lower positions to submit input and ultimately whatever choice seems fair for everyone will be the one that is chosen. Democratic leadership is great when working with a close team. It allows each member to give their feedback and feedback is closely listened to. The top level executive will ultimately make the decision, but it is largely based on the opinions of his or her colleagues. Lee Kort follows this type of leadership – he wants to empower his team to make their own decisions while always keeping an open ear to their feedback.
- Autocratic Leadership – This form of leadership is the opposite of democratic leadership. Employees or subordinates aren’t considered or valued for a decision that can directly impact them. Employees are supposed to respect and adhere to the decision with zero complaints.
- Laissez-Faire Leadership – This is the most laid back of all forms of leadership. Laissez Faire leadership gives a great amount of authority to employees. There aren’t a lot of hard rules on employees and the company is built through trust and passion for the project.
- Transactional Leadership – Transactional leadership is quite common in startup culture. It’s the form of leadership which pays its employees or staff for the work they do. This could be after the completion of a project, or for an achievement of a goal such as new sales or a special number of new clients. Transactional Leadership works well in a side hustle culture and also for employees who love special bonuses for the specific work they do.
- Coach Style Leadership – This is an interesting form of leadership and it pretty much speaks for itself. This style is very familiar to how coaches focus on each teammate as an individual and use their strengths to better the team. A coaching style of leadership heavily revolves around singly out members of the team, and creating a team where their skills will be most effective with others. This form of leadership works very well, but can be more time intensive than other forms.
Many leaders choose to lead by their own strategies and styles. No one is “better” than the other. Some are more honest and freeing to their employees, while others can be more intense and challenging. We believe leaders will naturally find what kind of style they lead in. It takes time and constant effort, but eventually leaders will understand how they can most effectively lead their team.