Originally published March 29, 2018
Do You Know the Importance of Leadership Styles and When To Apply Them?
James Fischer, the author of Navigating the Growth Curve, discovered the primary issues that CEOs must address in each of the 7 stages of growth on the journey from 1 to 500 employees. Unless the CEO and his team address them at the right time, the enterprise can derail or stagnate.
In this series you will learn:
The Leadership Style and Competencies the CEO and his team must develop and adapt as they navigate the 7 Stages of Growth. The following chart illustrates the number of employees that determine each stage and the stage name along with the chaos zones (Wind Tunnels and Flood Zones) associated with the transition between states.
The Importance of Leadership Styles
According to Daniel Goleman, author of Primal Leadership, “Understanding the dynamics of how leadership styles increase a leader’s ability to engage employees isn’t an option today; it’s an essential part of running a successful company”. Goleman identified six leadership styles; three were presented in the last issue. Here are the other three:
4. The Democratic Leadership Style
•Democratic leaders build on teamwork, listening and conflict management skills
•Most effective when the leader is not sure about the direction to take and needs input
•Tend to be great listeners
•Work as team members, not from a top down perspective
5. Pacesetting Leadership Style
•Pacesetting leaders drive for excellence and hold high standards for performance
•Can be interpreted by staff as pushing too hard
•Expecting people to ‘just know what to do’ leaves staff confused
•Staff don’t feel there is trust
6. Commanding Leadership Style
•Commanding leaders exert forceful direction to get better results
•Use with caution – one of two dissonant styles
•Leaders demand compliance •Focus on weaknesses
•Least effective of all styles
•May be helpful in a crisis situation
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