Leadership Styles

• Leaders


  People who are more prone to taking risks, see barriers as something to overcome, inspirational, lead by example
• Managers


  People who are more risk averse, favor safety, don't like to rock the boat, govern behaviour through rules, procedures, policies
• Good organizations need both leaders and managers to be successful
• Key tasks of managers and leaders


  • Setting objectives
  • Analysing data
  • Making decisions
  • Reviewing strategies
• Setting objectives


  Deciding the direction of the business and where it wants to end up, setting goals to guide planning and work
• Analysing data


  Sifting through financial, sales, cost, revenue, marketing, HR, operations data to inform strategies
• Decision making


  Leaders and managers at senior positions make decisions to set the direction of the business
• Reviewing strategies


  Looking at progress against objectives, deciding if objectives are still relevant, changing or developing new strategies
• Theory X


  Managers have a disparaging view of workers as inherently lazy, needing close direction and control
• Theory Y


  Managers believe workers seek responsibility, are motivated by accountability, and should be empowered
• Leadership styles


  • Authoritarian/Autocratic
  • Paternalistic
  • Democratic
  • Laissez-faire
• Authoritarian/Autocratic


  Very little freedom or accountability given to employees, tight control and scripting of tasks
• Paternalistic


  Manager makes decisions but communicates and explains them to employees like a parent
• Democratic


  Two-way communication, involving employees in decision making process
• Laissez-faire


  Manager takes a backseat role, devolving power and autonomy to employees