A good leader is one who makes employee skills available to the company in order to promote business growth. But it is not forgetting that the motivation, feelings and ideas of the teams must be taken into account. That is why the boss is no longer called a boss, but a leader. Because it motivates, guides and organizes in such a way that everyone wins. Knowing the types of business leadership will help you know which one you want for your hardware company.
Business leadership, why is it so necessary today?
Companies, in the past and also in the present, are organized in a hierarchical way. It is the management team that leads the rest. However, things have changed, now it takes into account everything that the employee can contribute for the benefit of the company. So much so that we start talking about organizations with a vertical shape.
A great leader is committed to improving knowledge, skills and attitudes in order to become the best manager for his workers. In addition, it implements labor dynamics, works on motivation and productivity. Business leadership is not only important for the company to achieve its goals, but also for the worker to feel loved and develop a sense of belonging.
The 7 most common types of business leadership
Discover the 7 most commonly used types of business leadership as well as their advantages. Which one are you going to bet on in your company?
1 Autocratic leadership
Bosses have control and decision-making in all aspects of the strategy. It is a type of leadership that is still very present but gradually begins to lose strength. Communication with the boss is one-way, i.e. the opinions of others are not taken into account.
2 Bureaucratic leadership
The management team must comply with the standards that have been established in the company and must do so above all. In this type of leadership, communication with employees is not smooth. The company’s policy is strict and rigid.
3 Transactional leadership
In this type of business leadership there is exchange between managers and subordinates, but it is usually only economic. Employees receive incentives if goals are met. It is a model that uses economic motivation to meet goals.
4 Democratic or participatory leadership
The key to this type of business leadership is to encourage communication between employees. Managers do take into account the ideas generated in this space, but decisions remain the issue of leaders.
5 Transformational leadership
This is another type of business leadership that is gaining the most relevance. Communication with teams is fluid and continuous. The company uses what employees have to contribute. These, in turn, feel like one more part of the organization.
6 Laissez-faire leadership
The maximum is to allow teams to work on their own. Within a few margins and objectives delimited, but always under its autonomy. They do not need to follow direct orders continuously. This non-authoritarian leadership allows employees to assert their experience.
7 Curve leadership
Based on the well-known ‘happiness curve’, the last on the list of types of business leadership says that if the company is on track, employees are happy and productivity is right, things are going as they should. The success of the team and the manager go in the same line.
At IBMH we know that every company is a world and that it is not always easy to run it. That is why being aware of the types of business leadership that exist can help you clarify ideas about what you want for your company.
Remember that to increase the profitability of your hardware imports you must have the best partner. At IBMH we are here to work by your side. Contact us and we will give you all the details about what our Strategic Purchasing Sourcing service in China can do for you.
