The key leadership theories that are currently gaining traction

There are different leadership approaches that managers can opt for today. Continue reading to get more information about this.



Coming up with the best management approach depends upon aspects like personality type, the size of the business or team you will be managing, and the industry within which you operate. For instance, strategic leadership is most ideal for businesses that are looking into growth and expansion opportunities. In this context, a strategic leader is anticipated to create business growth while at the same time managing the day-to-day business to ensure stability and consistency. For smaller sized businesses that follow a purely technocratic design, a laissez-faire management method can be most effective as each staff member would cover their area of know-how with very little interference from senior management. Regardless of the design chosen, to ensure the success and resilience of any organisation, leaders should set out some objectives at the start of each year as this is a guaranteed way to increase performance. This is something that people like Gianni Onorato of MSC Cruises will know.

If you're preparing to go for management or leadership positions in the future, among the best tactics you can use is shadowing a fantastic leader in your organisation. While theory is always an excellent basis for acquiring understanding, practical experience reigns supreme when it comes to learning new abilities. In the context of leadership, make certain that you find a mentor that knows you personally and validates what you want to achieve. Your coach can be your line manager, an executive person that you have a good relationship with, or perhaps a relative. This experience can actually help you develop key leadership traits as you would be learning first-hand from someone who has invested years and even decades in a position of management. People like Peter Hebblethwaite of P&O would likely concur that shadowing effective leaders can be a great learning experience to help young leaders build the ideal skillset.

Leadership is a continuous learning curve that is typically characterised by continuous changes and improvements to one's management style. Just like any other skill, becoming a much better leader means equipping yourself with a myriad of leadership qualities that can help you contribute to the development of your organisation and the development of direct reports. For instance, people like Katie McAlister of Cunard would likely confirm that participating in sincere and open interaction is one of the most essential foundations of good management. This is due to the fact that having an open line of communication with your staff would motivate them to be more transparent, which in time constructs trust and boosts general morale. Beyond this, leaders ought to make an effort to bond with their direct reports and cultivate a sense of unity within the group. This could be attained in different ways but participating in team building activities is extensively viewed as the most reliable.

Leave a Reply

Your email address will not be published. Required fields are marked *