The main leadership theories that are presently acquiring traction

The main leadership theories that are presently acquiring traction

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There are some core abilities that every leader needs to work on no matter their post. Here are some examples.

Creating the best management approach depends on factors like personality type, the size of the company or team you will be managing, and the industry within which you operate. For instance, strategic leadership is most suitable for companies that are looking into growth and expansion opportunities. In this context, a strategic leader is expected to generate business growth while at the same time managing the day-to-day business to guarantee stability and consistency. For smaller companies that follow a simply technocratic design, a laissez-faire management technique can be most efficient as each staff member would cover their area of know-how with really little interference from senior management. Irrespective of the design picked, to make sure the success and durability of any organisation, leaders must set out some goals at the start of each year as this is a guaranteed way to increase efficiency. This is something that individuals like Gianni Onorato of MSC Cruises will understand.

Management is a continuous learning curve that is often characterised by constant changes and enhancements to one's management approach. Similar to any other skill, ending up being a much better leader indicates equipping yourself with a myriad of leadership qualities that can help you contribute to the growth of your organisation and the development of direct reports. For example, individuals like Katie McAlister of Cunard would likely confirm that engaging in sincere and open interaction is one of the most crucial foundations of good management. This is because having an open line of communication with your personnel would encourage them to be more transparent, which in time constructs trust and improves general morale. Beyond this, leaders ought to make an effort to connect with their direct reports and cultivate a sense of unity within the group. This could be accomplished in various ways but taking part in team building activities is commonly seen as the most reliable.

If you're planning to chase management or leadership positions in the future, one of the best techniques you can employ is shadowing an excellent leader in your organisation. While theory is always a great basis for obtaining knowledge, useful experience reigns supreme when it comes to learning new skills. In the context of management, ensure that you find a coach that knows you personally and validates what you wish to attain. Your mentor can be your line supervisor, a business person that you have a great relationship with, or perhaps a relative. This experience can actually help you develop key leadership traits as you would be learning first-hand from somebody who has actually spent years and even decades in a position of management. Individuals like Peter Hebblethwaite of P&O would likely agree that shadowing efficient leaders can be a wonderful learning experience to help young leaders develop the ideal skillset.