Leadership Styles that help your business grow

A great leader inspires others to be the best version of themselves. A great leader seeks talent that fits in to the culture.

A leader is a person who often leads by example, spearheading projects, being the person in-charge, and open to the opinions of his team are only a few of the qualities of a good leader. There are various leadership styles that each leader uses, these differences make a leader effective in producing results… The different leadership styles are implemented in management for specific purposes but each of them plays an important role in establishing productive and motivated teams. All of us have met different types of leaders – some of them may be strategists, while some are identified as visionaries, and some may lean more as motivators, yet all of them have made distinct impacts in our lives and how we lead our own team.

No single leadership style is applicable to all situations. In most organisations, a leader usually holds one or two styles, which is why it is wise to create opportunities for different team members to work closely with different managers whose leadership styles vary but works just as effectively as the others.

Here are different leadership styles that help develop more productive teams and bring about more successful projects:

1. Visionary Leaders

Visionary leaders often look at the future on a bigger picture. They steer their teams forward and motivate others to adhere to their lead. These types of leaders are also usually brought in by executives when they plan for a transition which may be because of struggles or innovation. However, some visionary leaders fail to make accurate predictions of potential problems that would be encountered as they progress…

They are good in discussing their objectives for the future, enabling supporters to understand how they play an essential part in that upcoming state. By doing so, the supporters become dedicated to making that perspective come true.

2. Entrepreneurial Leaders

Entrepreneurial leaders are determined and dedicated to make ideas into reality. They are known for being focused on projects and are good in communicating how materialising an idea can benefit every team member who is involved. They are different from Visionary Leaders in a way that they have a concrete plan of action on what they want to achieve. Entrepreneurial leaders are known for envisioning outcomes during uncertain situations and motivate subordinates to help create business models that will help prevent uncertain situations from happening.

3. Strategists

Strategic leaders have the capability to accomplish a big project one piece at a time. This means that tasks are being delegated to team members, making them easier to manage. Strategists always look ahead and analyze the company’s present state in preparation for the future. They also like to brainstorm, plan and bring about well-thought action plans for the company. They also use strategies that empower and motivate employees.

4. Directional Leaders

Directional leaders are capable of deciding with confidence how best to develop or combine resources, and whether to use the same techniques for a project. They clearly provide specific instructions, identify the roles of the members involved and closely monitor the completion of a project.
They are most efficient when the subordinates are relatively inexperienced, and need to be directed in how to achieve projects. They are very precise when guiding employees and carefully track improvement.

5. People-Oriented Leaders

People-oriented leaders are completely targeted on planning, assisting, and cultivating the individuals in their groups. This participatory style intends to motivate good group interaction and innovative cooperation. These types of leaders lean towards developing each individual employee, to develop and tailor them for the success of the company. Team effort is emphasized, nurturing the teams’ ability to work closely together and help boost morale and enticing team success with incentives.

This type of leadership also addresses everyone on the team equally – making sure that every team member is valued and gets the same opportunities to prove their worth. They’re very supportive to their members and make time for them whenever they’re needed. This type of leader will take businesses that are struggling to 10x in a short period of time, teams and cultures are the key to business growth.

Every company needs a combination of the various leadership styles to cover the different needs of employees and the company. Different business situations call for specific leadership styles. When these situations are properly addressed, a business has a greater shot for success.