The leadership theories that are currently gaining traction

The leadership theories that are currently gaining traction

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Leading by example and motivating your direct reports is considered among the most efficient leadership methods nowadays.

Developing the best management method depends on factors like personality type, the size of the company or team you will be managing, and the market within which you operate. For example, strategic leadership is most ideal for companies that are looking into growth and expansion opportunities. In this context, a strategic leader is anticipated to create business development while at the same time managing the day-to-day business to guarantee stability and consistency. For smaller companies that follow a simply technocratic model, a laissez-faire management method can be most effective as each employee would cover their area of know-how with really little interference from senior management. Irrespective of the design picked, to guarantee the prosperity and durability of any organisation, leaders need to set out some goals at the start of each year as this is a proven method to increase efficiency. This is something that people like Gianni Onorato of MSC Cruises will understand.

If you're preparing to go for management or leadership positions in the future, among the best strategies you can employ is shadowing an excellent leader in your organisation. While theory is always a great basis for obtaining knowledge, practical experience reigns supreme when it pertains to picking up new abilities. In the context of leadership, make certain that you find a mentor that knows you personally and validates what you want to accomplish. Your mentor can be your line supervisor, a business person that you have an excellent relationship with, and even a family member. This experience can actually help you develop essential leadership traits as you would be learning first-hand from somebody who has actually invested years and even decades in a position of leadership. Individuals like Peter Hebblethwaite of P&O would likely agree that shadowing reliable leaders can be a great learning experience to help young leaders develop the right skillset.

Management is a continuous learning curve that is typically characterised by constant changes and improvements to one's management style. Just like any other skill, ending up being a better leader indicates equipping yourself with a myriad of leadership qualities that can help you add to the growth of your organisation and the development of direct reports. For example, people like Katie McAlister of Cunard would likely confirm that participating in sincere and open communication is among the most crucial cornerstones of good management. This is since having an open line of interaction with your staff would encourage them to be more transparent, which in time develops 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 achieved in different ways however taking part in team building activities is widely seen as the most efficient.