laissez-faire leadership

• laissez-faire - outlines the business goals and trust the employees to decide on the best way to achieve these goals
• laissez-faire - hands-off approach to employees and allow them to make decisions that they believe are in the best interests of the company
• laissez-faire - most common in organsations where employees can work independently from management
• laissez-faire - research and development departments in pharmaceutical firms
• advantages of laissez-faire - employee motivation, improved skills and knowledge, intrapreneurship
• disadvantages of laissez-faire - reduced productivity, poor decisions and poor industrial relations